Water Technologies, Inc. has appointed Shashank Patel as chief financial officer effective July 2, 2018.
Patel joins Watts from Xylem Inc., where he most recently served as vice president of finance for its Applied Water Systems, Dewatering and America’s Commercial Team.
“We are very excited to welcome Shashank to Watts and to our global leadership team,” said Robert J. Pagano, Jr., Chief Executive Officer and president. “Shashank’s wealth of experience in manufacturing with a focus on balancing capital deployment, finance, operations, and strategic planning make him a perfect fit for our growing organization.”
In total, Patel spent 21 years working globally at ITT/Xylem and held several leadership positions of increased responsibilities in finance, operations, and engineering.
“Under (Robert Pagano)’s leadership, Watts has continued to grow by focusing on customer feedback and driving operational efficiencies throughout the business,” said Mr. Patel. “Watts is positioned well for future growth and continues to deliver strong financial performance and value to its shareholders. I very much look forward to getting started and building upon the positive momentum at Watts.”