– CANADA, Port Coquitlam – SHARC International Systems Inc. (CSE: SHRC / FSE: IWIA / OTC: INTWF), a leader in Wastewater Energy Transfer, announced the appointment of Fred Andriano to its Board of Directors.
About Fred Andriano
With over 40 years of experience in finance, renewable energy, and corporate governance, his extensive background will be invaluable to SHARC Energy as it continues its growth in sustainable and energy-efficient solutions.
Fred Andriano began his career with Uniroyal Plastics Products Group, a division of Uniroyal Inc., where he rapidly advanced through key financial roles. His tenure included positions such as Divisional Manager of Budgets and Forecasting, and ultimately, Divisional Controller for a $600 million division. In 1990, Fred Andriano moved to Dreyer’s Grand Ice Cream as Eastern Division Finance Manager, where he further refined his expertise in financial oversight.
In 2005, Fred Andriano joined WaterFurnace International, a publicly traded company on the TSX, as CFO. His leadership at WaterFurnace was marked by strategic acquisitions, international joint ventures, and impressive growth, with revenues doubling from $65 million to $130 million culminating in a $364 million acquisition by NIBE Group in 2014. He continued as CFO and eventually rose to VP of Financial and Administrative Services for NIBE North America. During this time, Fred Andriano played a pivotal role in securing major acquisitions, such as Enertech and The Climate Control Group, expanding NIBE’s footprint in the renewable energy space.
His experience also includes revitalizing finance and accounting departments, implementing strategic planning processes, and driving substantial profit increases. As CFO of Fireplace International, a NIBE subsidiary, he led sales growth from $68 million to $110 million and significantly boosted pre-tax profits.
About SHARC Energy
SHARC International Systems Inc. is a world leader in energy transfer with the wastewater we send down the drain every day. SHARC Energy’s systems exchange thermal energy with wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential and industrial buildings along with thermal energy networks, commonly referred to as “District Energy”.
For more information: https://www.sharcenergy.com/
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