SWWC Southwest Water (MM)

Southwest Water Company (NASDAQ:SWWC) today announced the appointment of David Stanton as Executive Vice President of Corporate Development, a newly created position. ๏ฟฝDavid๏ฟฝs extensive knowledge of the water and wastewater business, as well as his experience in the areas of business development, finance and operations, will be of tremendous value to our organization,๏ฟฝ said Mark Swatek, Southwest Water chief executive officer and chairman. ๏ฟฝAcquiring water and wastewater utilities and adding high margin service contracts are key components of our growth strategy; I am confident David will play an important role in expanding our business and executing on our plan.๏ฟฝ Stanton, 41, most recently served as executive vice president of Earth Tech, a division of Tyco International, Inc., an international environmental water and wastewater services provider. In this capacity, he dramatically improved Earth Tech๏ฟฝs operations and significantly grew the business. Previously, he served as Earth Tech๏ฟฝs chief financial officer and senior vice president of corporate development, where he was responsible for all financial functions and acquisition growth strategies focused on water technology and service companies. Earlier, Stanton held senior management positions with a number of companies in the water and wastewater industry, such as Waterlink, Inc., ITEQ, Inc. and Wheelabrator Technologies, Inc. He earned a bachelor of science degree in electrical engineering from Cornell University, New York. Southwest Water Company provides a broad range of services including water production, treatment and distribution; wastewater collection and treatment; utility billing and collection; utility infrastructure construction management; and public works services. The company owns regulated public utilities and also serves cities, utility districts and private companies under contract. More than two million people in 10 states depend on Southwest Water for high-quality, reliable service. Additional information may be found on the company๏ฟฝs Web site: www.swwc.com. Southwest Water Company (NASDAQ:SWWC) today announced the appointment of David Stanton as Executive Vice President of Corporate Development, a newly created position. "David's extensive knowledge of the water and wastewater business, as well as his experience in the areas of business development, finance and operations, will be of tremendous value to our organization," said Mark Swatek, Southwest Water chief executive officer and chairman. "Acquiring water and wastewater utilities and adding high margin service contracts are key components of our growth strategy; I am confident David will play an important role in expanding our business and executing on our plan." Stanton, 41, most recently served as executive vice president of Earth Tech, a division of Tyco International, Inc., an international environmental water and wastewater services provider. In this capacity, he dramatically improved Earth Tech's operations and significantly grew the business. Previously, he served as Earth Tech's chief financial officer and senior vice president of corporate development, where he was responsible for all financial functions and acquisition growth strategies focused on water technology and service companies. Earlier, Stanton held senior management positions with a number of companies in the water and wastewater industry, such as Waterlink, Inc., ITEQ, Inc. and Wheelabrator Technologies, Inc. He earned a bachelor of science degree in electrical engineering from Cornell University, New York. Southwest Water Company provides a broad range of services including water production, treatment and distribution; wastewater collection and treatment; utility billing and collection; utility infrastructure construction management; and public works services. The company owns regulated public utilities and also serves cities, utility districts and private companies under contract. More than two million people in 10 states depend on Southwest Water for high-quality, reliable service. Additional information may be found on the company's Web site: www.swwc.com.