Fluence Corporation Limited announced the appointment of Douglas Brown as a Director and Chairman of the Board effective immediately. Mr. Brown is one of only a handful of globally recognized senior executives to have led multiple successful billion dollar exits in the water space. He was the founder, Chairman and CEO of AquaVenture Holdings, which he led to a listing on the New York Stock Exchange in 2016 and subsequently sold to Culligan Water for USD 1.2 billion in 2020 while he was serving as Chairman. Mr. Brown was also CEO of Seven Seas Water, an AquaVenture Holdings business. He was previously CEO of Ionics Inc., which was acquired by GE Water for USD 1.3 billion in
2005. Prior to Ionics, Mr. Brown was CEO of Advent International. Mr. Brown's experience spans the US, Europe, South America, the Middle East, the Caribbean, Africa and Southeast Asia.