Fluence Strengthens its Executive Team
Melbourne, Feb 28, 2018 AEST (ABN Newswire) - Fluence Corporation Limited (
ASX:FLC) (EMFGF:OTCMKTS) is pleased to announce the appointment of two senior executives to further strengthen the Company's executive leadership team as Fluence positions for substantial growth in 2018.
- Appointment of CFO with significant experience in growing global technology businesses
- Appointment of CMO to drive strategic distribution channels across multiple products
Chief Financial Officer - Francesco Fragasso CPA
Francesco Fragasso will join the Company as Chief Financial Officer on 2 April 2018. Most recently, Francesco was CFO at Desalitech, a reverse osmosis technology company based in Boston, MA. Prior to that, Francesco worked as CFO for Nuvera Fuel Cells, Inc. part of Hess Corporation Group, and previously spent more than 10 years in public accounting with Deloitte.
Francesco holds Bachelor's and Master's Degrees in Business and Economics, from Universita' Bocconi, Milan, Italy as well as an Executive MBA from Boston University School of Management, Boston, MA.
Commenting on Francesco's appointment as CFO, Fluence Managing Director and CEO Henry Charrabé said: "We are excited to have Francesco join our leadership team. He has significant international experience in providing the financial reporting and control systems appropriate to position global technology companies for strong and sustainable growth, as well as the business acumen and experience necessary for the CFO role at Fluence. We believe he will make an immediate positive impact on our operations.
"On behalf of the whole company, I want to acknowledge the important contribution from Bob Wowk, Fluence's inaugural CFO, particularly through the financial integration of the Emefcy and RWL Water merger. Having made significant progress on the buildout of the financial infrastructure and controls, Bob felt the timing is ideal for new financial leadership that can commit the necessary time and energy over the long-term towards Fluence's success. He will be assisting Francesco during an extended transition period. We wish him all the best in his future endeavors."
Chief Marketing Officer - Erik Arfalk
Erik Arfalk will join Fluence in March in the newly created role of Chief Marketing Officer, reporting directly to the Managing Director & CEO. He has significant experience heading marketing teams for global industrial companies, most recently as Vice President Marketing & Communications (USA) for Sweden headquartered Atlas Copco and, prior to that, for General Electric's Life Sciences division. Erik holds a Master of Science Degree in International Strategic Management, Lund University, Lund, Sweden.
Erik will be responsible for strategic marketing and communications across Fluence's global portfolio of water and wastewater treatment solutions. His focus will be on establishing new strategic distribution channels, developing competitive offering strategies for Fluence's products in different geographies, as well as leveraging existing distribution channels by expanding the product offering.
Commenting on Erik's appointment and the newly created CMO role, Mr Charrabé commented: "Erik is an experienced global marketing executive who has successfully led multinational and geographically dispersed teams. His skill set is a perfect fit for Fluence's extensive global operations as we look to execute our growth strategy and deliver a step change in our business over 2018 and beyond. We believe Erik will make an outstanding contribution to our marketing team to support even greater success as we grow."
About Fluence Corporation Ltd
Fluence Corporation (ASX:FLC) (OTCMKTS:EMFGF) is a leader in the decentralized water, wastewater and reuse treatment markets, with its Smart Products Solutions, including Aspiral, NIROBOX, NIROFLEX and SUBRE. Fluence offers an integrated range of services across the complete water cycle, from early stage evaluation, through design and delivery to ongoing support and optimization of water related assets, as well as Build Own Operate Transfer (BOOT) and other recurring revenue solutions. With established operations in North America, South America, the Middle East, Europe and China, Fluence has experience operating in over 70 countries worldwide and enables businesses and communities worldwide to maximize their water resources.
Further information can be found at https://www.fluencecorp.com/
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