Douglas R. Brown Elected Ionics' President and CEO-elect; Arthur L. Goldstein to Remain Chairman.

PR Newswire | March 27, 2003 | Copyright

Ionics, Incorporated announced today that its Board of Directors has elected Douglas R. Brown as President and CEO-elect effective April 1, 2003. Mr. Brown will succeed Arthur L. Goldstein as CEO on July 1, 2003. Mr. Goldstein will remain Chairman.

Mr. Brown, 48, has been a Director of Ionics for seven years and has been serving as Chairman of its Audit Committee. From 1995 to the end of 2002, Mr. Brown was President and CEO of Advent International, a private equity firm with over $6 billion under management. During the ten years prior to 1995, Mr. Brown held ...

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