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Evoqua Water Technologies Appoints Lynn Swann to Its Board of Directors

Tue, 22 May 2018 12:30 pm EDT

PITTSBURGH--(BUSINESS WIRE)--Evoqua Water Technologies Corp. (NYSE: AQUA) today announced Lynn Swann has joined its Board as an independent director, effective May 21, 2018. Swann’s addition brings the size of the Evoqua Board to nine members.

Swann brings an abundance of business, marketing, political, civic engagement and philanthropic experience to Evoqua. He serves as athletic director at the University of Southern California (USC) where he oversees 21 women’s and men’s Division I athletic programs. He also is a member of the Fluor Corporation (NYSE: FLR) board of directors and audit committee. Additionally, Swann previously served on the boards of Caesars Entertainment Corp., Hershey Entertainment and Resorts (private), American Homes 4 Rent, H.J. Heinz and the PGA of America. Swann also previously served as president of Swann, Inc., a marketing and consulting firm that he founded in 1976, and holds Series 7 and Series 63 securities licenses.

“We are fortunate to have Lynn’s perspectives, experience and competitive drive as assets available to the Evoqua Board,” said Ron Keating, Evoqua CEO and a member of the Board. “Throughout his career Lynn has demonstrated a combination of business acumen, management and organizational rigor, and proven success in marketing. We look forward to his counsel and guidance as we drive the growth of Evoqua.”

In addition to his extensive executive and board experience, Swann played nine seasons for the Pittsburgh Steelers, beginning in 1974, was a four time Super Bowl champion and was the Super Bowl X most valuable player. He was elected to the Pro Football Hall of Fame in 2001. Swann also worked on-air for the American Broadcast Company (ABC-TV) for nearly 30 years, covering events including Monday Night Football and the Olympics. He served two years as chairman of the national board of Big Brothers Big Sisters of America where he managed more than 400 agencies across the United States and helped establish the organization as the premier mentoring group in the nation. President George W. Bush appointed Swann as the Chairman of the President’s Council on Fitness, Sports and Nutrition, where he served from 2002 to 2005.

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®.

About DESOTEC

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.

About Blackstone

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.