Watts Water Technologies Appoints New Executive Vice President, Strategy and Business Development
NORTH ANDOVER, Mass.–(BUSINESS WIRE)–Nov. 4, 2013– Watts Water Technologies, Inc. (NYSE: WTS) today announced that Ram Ramakrishnan has been appointed as Executive Vice President, Strategy and Business Development. In this role, Mr. Ramakrishnan will be responsible for leading the development of Watts Water’s strategic planning and growth processes as well as leading the Company’s domestic and international acquisition activities. Mr. Ramakrishnan brings many years of experience in developing corporate and business strategies and in achieving growth through organic initiatives and acquisitions. Most recently, he was Vice President of New Growth Platforms at Avery Dennison Corporation. Prior to Avery Dennison, Mr. Ramakrishnan was Vice President, Strategy and Corporate Development at Millipore Corporation. Earlier, he served as Senior Vice President, Growth at Pentair, Inc. where he led the strategic transformation of the company, orchestrating and integrating 20 water-related acquisitions. He began his career as a Global Strategist for McKinsey & Company. Mr. Ramakrishnan holds a Bachelor of Technology degree in Chemical Engineering from the Indian Institute of Technology and a Master of Business Administration degree from Harvard Business School.
David J. Coghlan, President and Chief Executive Officer, commented, “We are very pleased to add to our team someone with Ram’s expertise in developing business strategies coupled with his extensive experience in acquisitions. We believe that Ram will be a valuable asset to our Company in continuing to grow and expand our business globally.”
Watts Water Technologies, Inc., through its subsidiaries, is a world leader in the manufacture of innovative products to control the efficiency, safety, and quality of water within residential, commercial, and institutional applications. Watts’ expertise in a wide variety of water technologies enables Watts to be a comprehensive supplier to the water industry.