Karl Michael Millauer Joins Aquatech

March 16, 2010
Millauer will research water market for opportunities to strengthen the technology portfolio and access to target markets for Aquatech

Aquatech announced the addition of Dr. Karl Michael Millauer to Aquatech as senior vice president. Millauer has experience in management, strategy and the financial markets. Millauer will focus on overseeing Aquatech’s growth in Europe and Africa as well as play a leadership role in business development and technology acquisitions and alliances.

With Aquatech’s water technology portfolio, Millauer will research the water market for opportunities to strengthen the technology portfolio and access to target markets for Aquatech. A part of his strategy will include establishing strategic alliances with companies in certain key market segments. Millauer will also be engaged in ongoing development of Aquatech’s outsourcing strategy, strengthening this delivery platform for Aquatech technologies and aiming to deliver increased recurring revenues.

Millauer was the former CEO of Christ Water Technology Group, which he left in 2008.

“I expect to bring a lot of value to the Aquatech group in my role,” Millauer said.

“Aquatech is excited to have Karl Michael as a part of our management team,” said Venkee Sharma, president and CEO. “We are confident that his contributions will help Aquatech achieve its vision of performance excellence and technology leadership.”

Source: Aquatech

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