- Brings strong track record, industry contact network
- Newly created position has global remit with initial focus on building Fluence’s North American business
Fluence Corporation (ASX:FLC) is pleased to announce that it has appointed Richard Cisterna to the newly created position of Chief Strategy Officer (CSO) effective today. This executive-level position will be responsible for Fluence’s corporate strategy, business and market development, partnerships, and acquisitions to drive business growth. The role’s initial focus will prioritize and emphasize developing Fluence’s North American business including the Caribbean around MABR and Nirobox, both via recurring revenue projects and equipment sales. Mr. Cisterna will report to Fluence chairman and CEO Richard Irving.
Mr. Cisterna brings over 30 years of executive leadership and business development experience in the water and wastewater markets. He has led the development of over US$1 billion of projects for municipal, industrial, and commercial clients including over $100M in recurring revenue projects. He is the Founder and President of Renewable Organics Infrastructure (ROI), a consulting and advisory company that focuses on sustainable infrastructure projects and technologies. Prior experience includes serving as Executive Vice President of Business Development with Natural Systems Utilities and as part of NSU’s Executive Leadership Team, where Mr. Cisterna led NSU’s corporate strategic planning and business development for decentralized water and wastewater solutions including engineering, construction, operations, and project investment. Previously he was a partner at Hazen and Sawyer, an international water and wastewater engineering consulting firm, where he led business development in several geographic regions and served on the corporate strategic planning committee and as the corporate water reuse practice leader.
Fluence Chairman and Chief Executive Officer Richard Irving remarked: ‘We are delighted that Rick is joining our senior management team reporting to me. His wealth of relevant water and wastewater treatment experience including i closing and successfully executing; recurring revenue contracts and overseeing plant deployments will be of the utmost value to Fluence. Having now sold more than 300 MABR plants this provides; the right leadership particularly as we seek to; scale up our North American business, including recurring revenue projects in the Caribbean.’
About Fluence Corporation Limited (ASX: FLC)
Fluence is a leader in the decentralized water, wastewater and reuse treatment markets, with its pre-engineered, standardized Smart Products Solutions, including Aspiral, NIROBOX and SUBRE. In addition to rapid delivery and commissioning of decentralized solutions to meet a broad range of needs, Fluence offers ongoing operation and maintenance support, as well as Build Own Operate Transfer (BOOT) and other recurring revenue solutions. Fluence has a broad international footprint and focuses on high growth markets including China, the Middle East, Southeast Asia, and North America.