– USA, CA – Water Intelligence plc (LON: WATR) a leading multinational provider of precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water, today announced the appointment of Daniel Ewell to its Board as a Non-Executive Director, subject regulatory due diligence by the Nominated Adviser.
“We are delighted to have Dan join our board as we position ourselves for the next level of corporate development. In February, we released, once again, an outstanding trading update in terms of revenue and profits and we discussed a five-year growth plan with ambitious targets. Dan has both the drive and experience to help us deliver on our plan both organically and through accretive acquisitions.” said Executive Chairman, Dr. Patrick DeSouza.
Dan’s breadth of experience will inform our vision of delivering “technology-enabled services” – an important investment thesis emerging from Silicon Valley. During our last five-year plan, we invested in cutting-edge technologies to create a “One Stop Shop” for water infrastructure services, including enabling video e-commerce and field service automation via Salesforce. Moreover, our receipt of the Green Economy Mark from the London Stock Exchange and inclusion in various MSCI indices position us well for ESG’s institutional investment as a leading Green Economy technology company for water infrastructure. As a unique bonus, Dan’s experience working with growing franchise businesses will be exciting for our shareholders as we unlock value from our core American Leak Detection franchise business.
Dan’s experience reinforces our board’s commitment to private sector leadership of the Green Economy.“
About Dan Ewell
Dan Ewell is currently a Senior Advisor at Morgan Stanley, where he has worked as an investment banker for over 33 years. Before assuming his current role, Mr. Ewell served as Vice-Chairman and Head of Western Region Investment Banking for Morgan Stanley. Mr. Ewell has extensive experience in advising companies and helping them grow through capital raising and strategic transactions. His experience spans a range of sectors including consumer/retails, industrial, healthcare, and media/technology, and included companies with franchised business models.
Mr. Ewell added: “I am honored to be joining the Water Intelligence Board at this time, and am excited about the prospect of helping Pat, the management team and the franchisees build on their outstanding record of past success and implement their vision to take the Company to the next level. The Company has meaningful growth opportunities organically, through leveraging technology-enabled services, and through acquisitions. I look forward to serving the Water Intelligence shareholders in my new role as a Director.”
For more information: http://www.waterintelligence.co.uk
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