TAMPA, Fla., June 27, 2013 /PRNewswire/ -- Seven Seas Water announced today the appointment of Mr. Brian O'Neill to its Board of Directors and affirmed its commitment to become a leader in Latin American desalination.
Mr. O'Neill is a Senior Advisor at Lazard, a global financial advisory and asset management firm. He joined the firm in 2009 as Vice Chairman for Lazard International. Prior to Lazard, he was the Deputy Assistant Secretary, Western Hemisphere, for the US Treasury. Before the US Treasury, Brian enjoyed a 30-year career with J.P. Morgan Chase, where he held several leadership positions, including Chairman of Investment Banking for Latin America and Canada. During his time there, Mr. O'Neill lived in South America for 12 years having had operating responsibilities in Chile, Argentina, and Brazil.
Doug Brown, Seven Seas' Chairman, said the Board elected Mr. O'Neill based on his extensive professional experience working with governments, global corporations, and financial institutions. Mr. Brown commented, "The combination of Brian's financial expertise and intimate knowledge of Latin America provides a strong complement to our Board." He continued, "Brian's Board appointment, following the recent selection of Claudio Baldovino as President of Seven Seas Water South America, affirms our dedication to becoming a leading desalination service company in South America."
Regarding his appointment to the Seven Seas Board, Mr. O'Neill said, "Potable water represents one of the most urgent needs of this century, and Seven Seas is particularly well positioned to capitalize on that opportunity." He continued, "Desalination is an important solution to a growing water demand, and I look forward to participating in the next phase of the Company's growth."
Seven Seas Water Corporation provides total water management solutions for municipal, industrial and commercial clients. Seven Seas specializes in the supply of potable, ultra-pure and reuse water. The Company designs, finances, builds and operates dedicated water treatment facilities under long term concessions. Long-term water sale contracts and/or "public-private-partnerships" guarantee the quantity and quality of water required to meet client needs. Seven Seas Water, based in Tampa, Florida, presently has subsidiaries in ten countries in the Caribbean and Latin America and is expanding to provide water services globally.
SOURCE Seven Seas Water Corporation