SD1 announces Adam Chaney as new executive director
12/05/2016 - On December 5, SD1 announced that Adam Chaney will be the new executive director. Chaney, who has served on the SD1 Board since 2014 and acted as president since July 2015, resigned from the board and will begin working with the utility on January 3.
“I am eager to continue working towards the goals and initiatives established during my tenure as board Chair,” Chaney said. “SD1 provides critical services to the Northern Kentucky region and I am energized by the opportunity to work with the community, the board and the SD1 employees to tackle the challenges ahead.”
SD1’s Board was looking for a leader that could collaborate with SD1 employees to continue their ongoing progress in addressing community needs. Chaney’s combined background in finance, development and business management offers many skills that will help him lead SD1 in a fiscally responsible and community-focused way.
“SD1 has been working hard to reduce costs without sacrificing the level of service SD1 provides,” said Robert Horine, vice president of the SD1 Board of Directors. “As president of the SD1 Board, Adam has used his experience as a small business owner and knowledge of Northern Kentucky to lead us all in thinking outside the box to accomplish this task.”
Over the course of the last 20 years, Chaney has owned and managed multiple real estate development and construction related entities. Prior to his time in real estate development and construction, Chaney formed a national airport concessions operation with locations in five major U.S. cities. He also worked in the banking industry as a commercial analyst and lender.
“I believe we should continue to work collaboratively in identifying efforts that serve all members of our community,” Chaney said. “I plan to continue to look for opportunities that will address multiple community concerns and further develop efficiencies that will help move the utility forward.”
As a board member, Chaney used his strong background in development to address capacity issues in Hebron by initiating a collaborative effort between SD1, Boone County Fiscal Court and the development community. He also played an instrumental role in revising SD1’s private lateral repair program, which is designed to assist customers with the cost associated with lateral repairs beneath the public roadway.
Mark Wurschmidt, SD1’s deputy executive director of engineering, has been acting as the interim executive director of SD1 since March, when David Rager left the post.
“As an active board member, Adam has a good understanding of the challenges we face as a utility,” Wurschmidt said. “I look forward to working with him to address our community’s needs.”