Waters CEO to Retire Within Two Years
Waters revenues have increased more than 500% since Mr. Berthiaume became CEO. Waters share price, since the company went public in 1995, has experienced a more than 25 fold increase. He was named chairman in 2006.
Milford, MA 8/27/13—Waters Chairman and CEO Douglas A. Berthiaume has announced his intention to retire as CEO within the next 24 months. Mr. Berthiaume was named president and CEO in 1994. The Board of Directors has appointed a Succession Planning Committee that will consider both internal and external candidates. “Our future is bright, our team is strong, and we remain focused on continuing to grow the business and serve our customers well. I am committed to playing an active role in assuring a successful transition,” stated Mr. Berthiaume.
