ALPHARETTA, GA, March 17, 2014 -- The Evoqua Water Technologies Board of Directors has named AEA Investors LP Operating Partner Gary Cappeline interim CEO and Mark Roos, formerly CFO of Unifrax LLC, previously an AEA portfolio company, interim CFO.
Forrmer Evoqua CEO Dr. Lukas Loeffler has left the company, and CFO Mirko Schueppel will leave on Mar. 31. The Board will begin an immediate search for their replacements.
Interim CEO Cappeline, formerly president and COO of Ashland Inc., is a chemical engineer and has extensive water and industry vertical experience. He joined AEA in 2007 and has been involved with Evoqua since June 2013 as AEA's due diligence co-lead.
Interim CFO Roos previously was CFO of Unifrax, an industrial technology company carved from British Petroleum in 1996 that grew by five times during the subsequent years.
See also:
"What does 2014 hold for Siemens Water Technologies, under AEA control?"
"Siemens Water Technologies to be acquired by AEA Investors"
About AEA Investors LP
AEA Investors LP was founded in 1968 as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA's active individual investors include a network of more than 75 highly successful business executives, industrial families and former government leaders. AEA Private Equity invests across four sectors: value added industrial products, specialty chemicals, consumer products/retail, and services. For more information, visit www.aeainvestors.com.
About Evoqua Water Technologies LLC
Evoqua Water Technologies, formerly Siemens Water Technologies, specializes in water and wastewater treatment products, systems and services for industrial, marine and municipal customers. Its treatment systems and services reduce freshwater demand, ensure uninterrupted quantity and quality of water, and enable regulatory and environmental compliance. Evoqua helps cities provide clean water and industrial plants to maintain productivity and profitability. For more information, visit www.evoqua.com.
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