Energy Settlement Network®

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Aquilon hires new CFO

Posted by Aquilon News on Nov 9, 2017 9:24:00 AM

LISLE, Il. — Nov. 9, 2017 — Aquilon Energy Services recently hired Jillian Sheehan as its chief financial officer. Aquilon’s Energy Settlement Network is the first collaborative, cloud-based platform to automate wholesale energy settlements. As CFO, Sheehan will manage the firm’s financial performance, including accounting and financial planning and reporting.

Sheehan previously served as CFO of Textura Corporation, a provider of cloud-based project management solutions for the construction industry. She also served as CFO of Raise Marketplace, Inc.

“Jillian has successfully led the finance function at several technology startups,” said Jeffrey Wagner, founder and CEO of Aquilon Energy Services. “Her experience will be invaluable as we continue to grow, enhance the capabilities of Aquilon’s Energy Settlement Network and increase adoption of the network across the energy industry.”

Aquilon’s Energy Settlement Network enables the global energy industry to automatically settle physical and financial energy transactions. ESN®, which was named the 2017 Innovation of the Year by Energy Risk magazine, helps participants reduce operational costs and improve risk management and compliance. Earlier this year, Aquilon announced that it raised $19 million during a Series B financing round. This included investments from Citi, Goldman Sachs Principal Strategic Investments, Invenergy and Macquarie Group. In addition to investing, all four companies are joining the ESN.

“I am excited to join such a dynamic and innovative company,” Sheehan said. “Aquilon is helping firms overcome significant back-office challenges with the Energy Settlement Network. I look forward to working with the management team to identify strategic market opportunities and implement financial processes that facilitate long-term growth.”

Sheehan earned a bachelor’s degree in accounting from Marquette University and an MBA from DePaul University’s Charles H. Kellstadt Graduate School of Business.

 

Topics: Company News

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