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Consolidated Water Announces Passing of Richard L. Finlay, Long-Standing Director and Friend

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Consolidated Water Co. Ltd. (CWCO), a notable provider of water treatment solutions, announced the passing of long-time director Richard L. Finlay on March 14, 2023, due to a brief illness. Finlay, who joined the board in 1995, played a crucial role in guiding the company from a local utility to a multinational entity serving millions across the Caribbean and the U.S. The company's chairman expressed deep condolences for Finlay's loss, highlighting his legal expertise and dedication to the board. Consolidated Water continues to focus on developing and operating water treatment plants and distribution systems in multiple regions.

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  • Long-standing director Richard L. Finlay contributed significantly to the company since 1995, aiding its growth.
  • Company serves millions, showcasing its vital role in water supply and treatment across the Caribbean and the U.S.
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GEORGE TOWN, Cayman Islands, April 04, 2023 (GLOBE NEWSWIRE) -- Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, announced that long-standing company director and friend, Richard (“Rick”) L. Finlay, passed away on March 14, 2023 after a short illness.

“Rick was a dedicated and talented director and attorney, and was a wonderful person,” said chairman of Consolidated Water, Wil Pergande. “Rick joined our board of directors in 1995 around the time that the company went public. He was a practicing Cayman Islands attorney at the time and provided much-needed legal perspective to the board’s deliberations. Before then, we didn’t have any attorneys on the board. Rick was also the chairman of the compensation committee and sat on several of our subsidiary boards in the Bahamas and Cayman Islands.

“Rick took great pride and pleasure seeing Consolidated Water grow from a small Cayman Islands-based water utility to a multi-national company that provides vital drinking water and wastewater treatment services to literally millions of people in the Caribbean and United States. Our heartfelt condolences go out to his family and friends. He will be sorely missed by all of us at the company.”

About Consolidated Water Co. Ltd.
Consolidated Water Co. Ltd. develops and operates advanced water treatment plants and water distribution systems. The company designs, builds and operates seawater desalination facilities in the Cayman Islands, The Bahamas and the British Virgin Islands, and designs, builds and operates water treatment and reuse facilities in the United States. The company also manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial and municipal water production, supply and treatment, and industrial water and wastewater treatment. For more information, visit www.cwco.com.

Company Contact:
David W. Sasnett
Executive Vice President and CFO
Tel (954) 509-8200
Email Contact

Investor Relations Contact
Ron Both or Grant Stude
CMA Investor Relations
Tel (949) 432-7566
Email Contact

Media & ESG Contact:
Tim Randall
CMA Media Relations
Tel (949) 432-7572
Email Contact

 


FAQ

Who passed away in the recent Consolidated Water Co. Ltd. press release?

Richard L. Finlay, a long-time director of Consolidated Water Co. Ltd., passed away on March 14, 2023.

What role did Richard L. Finlay have at Consolidated Water Co. Ltd.?

Richard L. Finlay served as a director and chairman of the compensation committee at Consolidated Water Co. Ltd.

How long was Richard L. Finlay part of Consolidated Water Co. Ltd.?

Richard L. Finlay joined the board of Consolidated Water Co. Ltd. in 1995.

What is the business focus of Consolidated Water Co. Ltd.?

Consolidated Water Co. Ltd. focuses on developing and operating advanced water treatment plants and distribution systems.

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