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Market Cap: £40.41m
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Board Change

26 Apr 2011 07:00

RNS Number : 4273F
Water Intelligence PLC
26 April 2011
 



 

 

 

26 April 2011

 

Water Intelligence plc (AIM: WATR)

("Water Intelligence" or the "Group")

 

Board change

 

The Board of Water Intelligence, a leading provider of water monitoring products and leak detection and remediation services, announces that Stanford ("Stan") Berenbaum has today resigned from the Board, and from his position as Chief Executive Officer, in order to pursue other interests.

 

A new Chief Executive Officer will be appointed in due course. In the meantime, Bill Palmer, who is currently Vice President and General Manager, will assume responsibility for managing the Group's principal operating subsidiary, American Leak Detection.

 

Mr Palmer has 30 years of operating experience in the water industry, including leak detection and plumbing, having built his own business and managed both domestic and international franchise operations.

 

Dr. Patrick DeSouza, Executive Chairman of Water Intelligence, commented:

 

"The Board and I would like to thank Stan for his significant contribution to the Group and we wish him well for the future."

 

ENQUIRIES:

 

Water Intelligence plc

Tel: +1 203 654 5426

Patrick DeSouza, Executive Chairman

Merchant Securities Limited

Tel: +44 20 7628 2200

Bidhi Bhoma / David Worlidge

College Hill

Tel: +44 20 7457 2020

Gareth David

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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