SOURCE: Mangrove Water Technologies Inc.
December 05, 2017 12:00 ET
VANCOUVER, BC--(Marketwired - December 05, 2017) - Mangrove Water Technologies, a developer of a platform solution that converts waste streams to valuable chemicals on-site and on-demand, announced the appointment of Richard Reese as a new independent board member and George Nagy as Vice President of Engineering & Operations.
"I am very pleased to welcome Richard to the Mangrove board," said Mangrove CEO Saad Dara. "Richard has a proven track record in the industrial wastewater market and his experience in business development, operations and finance over the past three decades will be a tremendous asset in helping to build Mangrove into a service based company that delivers excellent customer value."
Mr. Reese has more than 30 years' experience as an engineer, general manager and executive within both large, complex organizations and first-stage growth companies delivering services and technology. Mr. Reese served as COO and later CEO of environmental technology and process solutions provider Envirogen Technologies, Inc., from its formation through to its recent sale. He previously held roles within Siemens Water Technologies, Veolia and USFilter serving clients in a range of market verticals utilizing industrial water and hydrocarbon recycling products and services.
"Saad and the Mangrove team are building a platform from a strong technical base that will deliver true customer value through the ability to provide distributed chemical generation from simple inputs that often go to waste," said Richard Reese. "The application across multiple industries with a core focus on water treatment in a novel form is exciting and I am looking forward to serving on the company's Board of Directors."
Mr. Nagy will be responsible for the execution of Mangrove's field demonstrations and commercial projects. Mr. Nagy specializes in the water, wastewater and manufacturing sectors and has held executive and senior management positions at Organica Water, FilterBoxx, AMEC and Zenon. In his more than 30-year career, he has led and executed complex, multi-million dollar domestic and international EPC and EPCM projects in Canada, Europe, Asia and Africa involving multi-disciplinary teams of up to 250 people.
"George will be a great asset to the senior management team and we are excited to welcome him to Mangrove," said Mangrove CEO Saad Dara. "George is a seasoned executive with several decades of experience that will strengthen our ability to manage, execute and deliver projects on-time and on-budget."
Mangrove Water Technologies is developing a technology that simultaneously converts waste streams into value-added chemicals for on-site utilization and water for re-use. Mangrove is a spin-off company from the Chemical Engineering Department at the University of British Columbia and was recently awarded $3 million to advance carbon conversion technologies from Emissions Reduction Alberta.