Ray Schmitt

Ray Schmitt, Vice President, Finance, has 30 over years of progressive finance/accounting experience, including business strategy, project accounting, cost accounting, business controlling and business CFO. His responsibilites at Quanta Technology include all aspects of planning, forecasting, accounting and reporting financial activities of the business, while performing business analytics and risk mitigation procedures.

Areas of Expertise

  • Strategic Planning
  • Business Development
  • Acquisitions and Investments
  • Financial Reporting and Analysis
  • Risk Management
  • Cash Flow Management
  • Compliance

Experience and Background

  • Number of years of experience in the electric power industry (1987–Present)
  • Sr. VP North America CFO, Elster, Raleigh, NC (2007–2012)
  • VP Business Unit Controller, Elster, Raleigh, NC (2002–2007)
  • Controller, Electricity Metering, Elster/ABB, Raleigh, NC (1998–2002)
  • Controller, Power Systems, ABB, Raleigh, NC (1994–1998)
  • Director of Financial Reporting, ABB, Stamford, CT (1993–1994)
  • Accounting Manager, ABB, Sanford, FL (1988–1993)
  • Cost Accounting Manager, ABB, Tulsa, OK (1987–1988)
  • Cost Accountant, Telex Computer Products, Tulsa, OK(1984–1987)


  • B.S., Accounting, Illinois State University (1982)

Ray Schmitt can be contacted at rschmitt@quanta-technology.com.