Cincinnati, Ohio, September 13, 2012 – RelaDyne LLC, the equipment reliability management company that delivers broad-based lubrication products and services, hired Paul Helton on July 9, 2012, to take responsibilities as Chief Financial Officer (CFO). Helton is coming from Petermann Partners, the largest privately held provider of school bus transportation services in the world, where he had been Vice President and CFO since 2005.
As CFO at Petermann, Helton had many tasks, including completing a five roll up acquisition of top 50 school bus contractors and structuring deals to take advantage of various tax planning strategies saving the company over $1 million in annual taxes.
At RelaDyne, Helton’s main priority is to build a finance organization that will provide support to the company in achieving its very exciting growth objectives. “I am impressed with the quality of our people and their level of total commitment to helping RelaDyne achieve its high growth objectives,” states Helton. “I am very excited about being a member of such a highly motivated team and look forward to providing the financial leadership to achieving our goals.” His other duties consist of responsibilities for the financial operations of the business including accounting operations, treasury, financial planning and analysis, banking and investor relations.
“We are eager to have Paul join our team at RelaDyne,” states Larry Stoddard, President and CEO of RelaDyne. “He comes to us with superior experience and is going to be a vital part in our financial growth going forward.”
Paul is a 1987 graduate from the University of Kentucky where he received a Bachelor of Science in Accounting. He continues to maintain his Certified Public Accountant (CPA) certification and resides in Villa Hills, Kentucky.