– CANADA, Peterborough – Rainmaker Worldwide Inc. (OTC:RAKR) announces the appointment of D. Bruce Macdonald to the company’s Board of Directors, effective immediately.
In addition to his regular duties on the Board, Mr. Macdonald will serve as the Chair of the Audit Committee.
Mr. Macdonald has extensive experience in the financial services industry and corporate governance. Most recently, he was Head of Commodities for RBC Capital Markets and Co-CEO of RBC (Barbados) Trading Bank Corp. where he led RBC’s Discretionary Capital Group in the Bahamas. Previously, he was Head of Wholesale Technology and Operations for RBC’s Capital Markets and Wealth Management businesses.
Mr. Macdonald was Chief Operating Officer for RBC Capital Markets and a member of the RBC Capital Markets Operating Committee, a role he held for 12 years. He was an Executive Vice President of Royal Bank of Canada and served as President of RBC Dominion Securities Inc. from 2005 – 2015.
Michael O’Connor, President of Rainmaker Worldwide, said, “I am extremely pleased to have Mr. Macdonald join the Rainmaker Board and Chair our Audit Committee. He will be invaluable to Rainmaker’s future development in terms of capital markets guidance, corporate and project financing, governance best practices, and overall strategic advice and direction. Adding Bruce to our Board is an important step in our ongoing process of enhancing corporate governance as we prepare for up-listing to the OTCQB exchange.”
Bruce Macdonald said, “I am honored to be joining the Board of Rainmaker Worldwide and fully support their efforts to capture the vast opportunities in the global water sector. I have strong confidence in the Rainmaker management team and their proprietary technology. The company is ideally positioned to make a meaningful and sustainable difference in a world where the availability of drinking water has reached crisis levels in so many regions.”
About Rainmaker Worldwide Inc.
Rainmaker Worldwide Inc. (OTC:RAKR) is headquartered in Peterborough, Canada, with an innovation and manufacturing center in Rotterdam, Netherlands. Our patented water technology provides economical drinking water at scale wherever it’s needed.
For more information : http://www.rainmakerww.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.