MONTREAL, June 7, 2012 /CNW Telbec/ - GLV Inc. (the "Corporation") (TSX: GLV.A GLV.B) announced today the appointment
of Marc Barbeau to the role of President, Water Treatment Group
(Ovivo). Richard Verreault has successfully led the acquisition and
integration of Christ Water Technology (CWT) and the rebranding of the
Water Group under Ovivo, while continuing his role as President and
Chief Executive Officer of GLV Inc. He will now resume his role as
President and Chief Executive Officer of GLV Inc.
Marc Barbeau will have the responsibility to consolidate Ovivo's
business strategy while ensuring the growth of its worldwide operations
which employ over 1200 employees with revenues of approximately $ 400
million. CPA, CA, M. Fisc, he joined the Corporation in 2000 and since
February 2007, served as Executive Vice-President and Chief Financial
Officer of GLV Inc. Since 2010, he is based in Europe to assume
increased responsibility for the Ovivo European operations further the
acquisition of CWT in November 2009. As of July 2012, he will be
relocated to Montreal to take on his new responsibilities.
Thereby, France De Blois, CPA, CA, is promoted as Chief Financial
Officer of GLV Inc. She has more than 20 years of experience in
managing financial operations within major public manufacturing
companies operating at the global level. She joined the Corporation in
September 2010, as Vice-President, Accounting. Her new responsibilities
will include investor and shareholder relations, treasury, financing,
mergers and acquisitions, financial information and business risks.
« These changes mark an important transition in the organization's
recent path and will generate focused efforts from our leadership team
in achieving the growth expected by our stakeholders » says Laurent
Verreault, Executive Chairman of the Board of Directors.
These appointments are effective immediately.
About GLV Inc.
GLV Inc. is a leading global provider of water treatment technological
solutions, under the Ovivo brand, as well as technological solutions
used in pulp and paper production. The Corporation operates in some
20 countries with approximately 2,300 employees. GLV is a public
company whose shares trade on the Toronto Stock Exchange (TSX) under
the ticker symbols GLV.A and GLV.B; it is a constituent of the S&P/TSX
Clean Technology Index.
SOURCE GLV INC.
For further information:
Investors and media :
France De Blois
Chief Financial Officer
Tél. : + 514 284-2224