Tue, 05 Mar 2019 02:05 pm EDT
PITTSBURGH--(BUSINESS WIRE)--Evoqua Water Technologies (NYSE:AQUA), an industry leader in mission critical water treatment solutions, today announced the appointment of Hervé Fages as an executive vice president at the company and president of the organization’s Applied Product Technologies (APT) segment. Evoqua’s APT segment encompasses a broad portfolio of industrial, commercial and municipal products sold primarily through third-party channels. As president of APT, Fages will have overall leadership of the segment, including product development, channel expansion and sales, reporting to Evoqua President and CEO Ron Keating.
Prior to joining Evoqua, Fages was president of Connected Building and Building Management Systems at Honeywell, where he led a $1 billion portfolio of hardware and software platforms and solutions. He has also held senior executive positions at leading global corporations including Schneider Electric, Tyco and Sensormatic.
“Hervé is an accomplished, skilled business leader, and we are thrilled to welcome him to the Evoqua team,” stated Keating. “Hervé brings strong commercial, product and solutions knowledge to the business, and his experience working in Europe, the Middle East, Asia and the Americas fits well with our global growth agenda for the APT segment.”
Fages replaces Snehal Desai who was operating as interim president since Fall 2018. With this appointment, Desai will resume his role as chief growth officer. In this capacity, Desai will continue to lead efforts to align product and service offerings with customer needs and drive profitable growth through innovation, product and market management excellence, branding and corporate development.
Fages will be based in Evoqua’s corporate headquarters in Pittsburgh. He holds a bachelor’s degree from Montpellier University, France, and he currently serves on the board for Mission 500, a nonprofit that works closely with the security industry to serve the needs of children living in severe poverty across the United States.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical water and wastewater treatment solutions, offering a broad portfolio of products, services and expertise to support industrial, municipal and recreational customers who value water. Evoqua has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, the company operates in more than 150 locations across nine countries. Serving more than 38,000 customers and 200,000 installations worldwide, our employees are united by a common purpose: Transforming Water. Enriching Life®.
DESOTEC, founded in 1990, is the leading European provider of mobile filtration solutions through a unique and circular service concept, which helps protect the planet by enabling clean water, air, and soil. DESOTEC's customer base is constantly growing thanks to a strong focus on 24/7 service and a commitment to design and deliver the best solution in close dialogue with the customer. Through in-depth expertise of industrial applications and continuous investment in mobile filters, reactivation capacity and well-positioned hubs, DESOTEC ensures that the industry can meet the increasing regulations for a better and cleaner environment. Private equity funds managed by Blackstone acquired DESOTEC in 2021. Further information is available at www.desotec.com.
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $951 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com.