Financial News

USIC Appoints Chief Financial Officer

USIC, LLC (“USIC”), the leader in underground utility damage prevention, has announced the appointment of Pavan Bhalla as the company’s Chief Financial Officer (CFO).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241210637580/en/

USIC CFO Pavan Bhalla (Photo: Business Wire)

USIC CFO Pavan Bhalla (Photo: Business Wire)

Pavan joins USIC after serving as CFO of Vialto Partners, a tax and mobility services company operating in over 50 countries, prior to which he held operational leadership roles in private and public companies across a range of industries, including telecommunication and professional services.

A certified public accountant, Pavan holds an MBA in analytic finance from the University of Chicago Booth School of Business and an MBA in decision support systems from Simon Fraser University.

“Pavan brings a wealth of experience in private equity transactions and driving improved business performance and growth in extremely complex business environments,” USIC President & CEO Yuvbir Singh stated. “Under Pavan’s financial leadership, USIC is positioned to maximize profitability as the company continues to grow to meet increased demand for our core public utility locating (811) service and advanced infrastructure services and to optimize the synergy between these service offerings to provide comprehensive infrastructure damage prevention, maintenance, and management solutions. The combination of his financial and operational leadership experience makes him a tremendous asset to our senior leadership team.”

About USIC

USIC is America’s largest provider of underground utility damage prevention services with operations in 48 states and corporate headquarters located in Indianapolis, Indiana. The company, which serves more than 1,400 telecommunication, electric, gas, water, and sewer utilities, as well as municipalities, performs over 84 million locates each year. Additionally, USIC provides a range of advanced infrastructure services performed by its affiliate companies, Blood Hound, Reconn Utility Services, and On Target Utility Services. For more information, visit usicllc.com.

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