Waters Corporation Chief Financial Officer to Stand Down

Dec 19, 2013
By LCGC Editors

Waters Corporation (Massachusetts, USA) has announced that Chief Financial Officer John Ornell intends to move to a reduced workload and resign from 1 February 2014. Ornell will continue to work for the company in an advisory capacity on a part-time basis. Eugene G. Cassis, currently Corporate Vice President of Worldwide Business Development and Investor Relations, will serve as the company’s interim Chief Financial Officer from 1 February 2014.

Douglas A. Berthiaume, Chairman and Chief Executive Officer, said: “I’d like to thank John for his dedication to Waters over the past 23 years and for his many contributions as the company’s CFO for the past 12 years. I am pleased that Gene Cassis will serve the company as interim CFO. Gene brings a wealth of relevant experience and a record of success in key leadership positions while already enjoying close working relationships with our investor base, our banking contacts, and with Waters Executive Committee.”

For more information please visit: www.waters.com