Lindon, Utah — Following the sudden and tragic death of Aquatherm President and CEO Steve Clark, and the recent retirement of Executive Vice President of U.S. Sales Ed Eldredge, the company announced a corporate restructuring designed to ensure the smooth and steady progress Clark set in motion six years ago.
Eldredge retired on June 1, but will serve on the company’s newly formed advisory board. Clark’s son Adam, who has worked with the company for several years in numerous positions including Director of Marketing, will assume the role of President and Chief Operating Officer. Chief Operating Officer David Chen has been promoted to Chief Executive Officer, and, along with Adam Clark and Chief Financial Officer Jordan Hardy, will comprise the company’s Board of Managing Directors.
Chen will continue to oversee the inventory and logistics divisions of Aquatherm, including its warehouse and production facilities, and serve as the direct report for Aquatherm’s in-house sales team. Hardy will continue to manage distribution and all other financial concerns. Clark will oversee and expand marketing and training while also working on business information, after-sales support, and inside sales support.
Other changes include Parr Young becoming VP of Marketing, the promotion of Barry Campbell to VP of Advertising & Media Relations, and John Grabarits being promoted to VP of Eastern US Sales. The company’s structure in Canada remains entirely in place, with Don Schneider still serving as the company’s Executive VP of Canadian Sales. Aquatherm expects to announce other new hires in the near future in order to better support its customers and continue the growth that landed it on Forbes Magazine’s list of America’s Most Promising Companies the last two years.