The Commonwealth Utilities Corporation board officially made an offer to an applicant to be the next Chief Financial Officer.

“To be CFO with an annual salary of $145,000, plus standard benefits available to all CUC employees, and standard relocation expenses,” said CUC Board of Directors, Simon Sanchez.

Filling the position is a requirement under a stipulated order. CUC is also seeking to fill the deputy executive director for water and wastewater role which was left vacant after Kevin Watson was hired to be the new executive director.

This is the second application cycle for the CFO position.

“And we are happy to announce that we fulfilled the stipulated order. This is long overdue. We are happy. We are moving forward,” said Janice Tenorio, Chair of the CUC Board.

CUC will announce who the new CFO is after she is expected to accept the offer. Tenorio shared that the applicant is a Certified Public Accountant.

“I am happy to say that the applicant is actually from the island of Guam. So she wants to be closer to home. So there is nothing better and more appropriate than bringing back folks that are from the islands…and they will be comfortable, they know how the climate is, the environment, and the way the island goes,” said Tenorio.