HPAC Magazine

Aquatherm announces corporate restructuring

July 5, 2013 | By HPAC Magazine

Following the sudden and tragic death of Aquatherm president and CEO Steve Clark, and the recent retirement of executive vice president of U.S. sales Ed Eldredge, the company has announced a corporate restructuring. Eldredge, who retired on June 1, 2013, will serve on the company’s newly-formed advisory board. Clark’s son Adam, who has worked with the company for several years in numerous positions including director of marketing, will assume the role of president and chief operating officer. Chief operating officer David Chen has been promoted to chief executive officer, and, along with Adam Clark and chief financial officer Jordan Hardy, will comprise the company’s board of managing directors. Other changes include Parr Young becoming vice president of marketing, the promotion of Barry Campbell to vice president of advertising and media relations, and John Grabarits being promoted to vice president of Eastern U.S. sales. The company’s structure in Canada remains entirely in place, with Don Schneider still serving as the company’s executive vice president of Canadian sales. According to company representatives, Aquatherm “expects to announce other new hires in the near future in order to better support its customers and continue the growth that landed it on Forbes Magazine’s list of America’s Most Promising Companies the last two years.”



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