Consolidated Water Expands Board with New Independent Directors
GEORGE TOWN, Cayman Islands — Consolidated Water Co. Ltd. (NASDAQ: CWCO), a leader in the design, construction, and operation of advanced water supply and treatment plants, has announced the appointment of three new independent directors, effective from October 1, 2025. This strategic move aims to bolster the company’s commitment to governance and enhance its operational insights.
Meet the New Directors
Kim Adamson: Water Industry Expert
Kim Adamson brings nearly three decades of invaluable experience in the water sector. Having served as the General Manager of public water utilities, she has held multiple board positions that focus on water governance. Adamson has an impressive educational background, holding a Master of Public Administration and a Bachelor of Science in Mechanical Engineering. Her previous roles at notable firms like Brown and Caldwell and Algonquin Power have equipped her with significant leadership skills that will surely benefit Consolidated Water.
Maria Elena Giner: A Visionary Leader
With over 35 years in the industry, Dr. Maria Elena Giner has held high-level executive positions focusing on policy and infrastructure in the water sector. Notably, she served as a Commissioner for the U.S. Section of the International Boundary and Water Commission, where she managed substantial capital projects designed to enhance water infrastructure. Her doctoral degree in Public Policy and engineering background make her well-suited to contribute strategic insights for Consolidated Water’s initiatives.
Gerónimo Gutiérrez Fernández: Infrastructure and Finance Specialist
Gerónimo Gutiérrez Fernández, Managing Partner of BEEL Infrastructure, lends deep expertise in infrastructure development and financing. His tenure as Mexico’s ambassador to the United States and his leadership role at the North American Development Bank have provided him with unique perspectives on international water agreements and investments. Gutiérrez's academic credentials include a Master’s degree in Public Administration from Harvard, further underscoring his capability to navigate complex regulatory environments.
Strengthening Corporate Governance
Board Chairman Wil Pergande expressed enthusiasm upon announcing these appointments. “In our continuous pursuit to enhance corporate governance, we are excited to welcome Kim, Maria Elena, and Gerónimo to our Board. Their diverse experiences and accomplishments in the water industry distinguish them as excellent choices to strengthen our organization's future,” he stated.
About Consolidated Water Co. Ltd.
Consolidated Water Co. Ltd. is dedicated to developing and operating cutting-edge water supply systems, from advanced desalination plants in the Cayman Islands to water treatment facilities across the United States. The firm is currently engaged in a significant $204 million project in Hawaii, which showcases its commitment to expanding its production capabilities. Additionally, the company offers various services, including engineering, management, and operation of water-related projects that cater to both commercial and municipal needs.
Frequently Asked Questions
1. What prompted Consolidated Water to appoint new independent directors?
The appointments aim to strengthen corporate governance and bring additional expertise to the company’s board as it grows and adapts to industry challenges.
2. Who are the newly appointed directors at Consolidated Water?
The new directors include Kim Adamson, Maria Elena Giner, and Gerónimo Gutiérrez Fernández, each bringing unique expertise to the board.
3. What experience does Kim Adamson have in the water industry?
Kim Adamson has nearly 30 years of experience, including positions as General Manager of public utilities and various leadership roles at prominent water-related companies.
4. How does Gerónimo Gutiérrez Fernández contribute to the board?
Gerónimo’s background in infrastructure financing and international negotiations provides valuable strategic insights for the company’s operations, enhancing its global initiatives.
5. What is the focus of Consolidated Water's ongoing projects?
The company's current projects emphasize innovative water supply solutions, including a significant seawater desalination plant underway in Hawaii.
