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Feb. 14, 2013 13:00 UTC

Aquilex Holdings LLC Announces New CEO and COO of Aquilex HydroChem LLC Subsidiary

New CEO brings broad and lengthy industry experience

Incumbent executive promoted to President and COO after impressive improvements in company performance

ATLANTA--(BUSINESS WIRE)-- Aquilex Holdings LLC (“Aquilex”) today announced that it has appointed two senior executives to manage the forward motion of its industrial services company, Aquilex HydroChem LLC (“Company”), headquartered in Deer Park, Texas.

Mr. Gary Noto joins the Company February 15th as its Chief Executive Officer, after almost nine years as Chief Operating Officer of one of the company’s largest competitors. “We are all very excited about Gary joining our team,” stated Donovan Boyd, Aquilex board Chairman. “He has credibility with customers and employees across the entire market space, and has demonstrated strategic and business development leadership that is key to further expansion of Aquilex HydroChem’s leading position in its markets.”

Mr. Greg Rice, promoted to President and Chief Operating Officer, led the successful execution of significant improvements to the subsidiary’s prior year performance. Mr. Boyd continued, “Aquilex HydroChem is now in better condition than I’ve ever seen, much to the efforts of Greg and his operational team. The Company once again leads the industry in injury prevention, service delivery, technology and metrics, as well as stakeholder satisfaction. And going forward, I cannot imagine a stronger combination of leadership than Gary and Greg.”

Mr. Boyd also announced he will continue as Chairman of Aquilex, providing oversight and strategic guidance for an indefinite period, however he will relinquish daily operational responsibility of Aquilex HydroChem to the new executive team.

Mr. Noto commented, “I am excited about the future of Aquilex HydroChem. It is clear to me that the Company offers the industry’s best combination of excellence in employee safety, fleet and service quality, paramount in a service business. I am proud to be invited to the winning team and look forward to adding value.” Greg Rice added, “Aquilex HydroChem has always been about excellence through teamwork. Gary and I will muster our combined skills and the highly committed human resources of our enterprise and take this Company and industry to a new level. The bar has just been raised.”

Mr. Noto has over thirty years of industrial service experience. His most recent assignment was Chief Operating Officer for Veolia ES Industrial Services. Prior to joining Veolia, Mr. Noto worked at Aquilex HydroChem and its predecessor companies for over twenty-four years, rising through the ranks to President and Chief Operating Officer from 1998 to 2002. Mr. Noto holds a Bachelor of Science degree from Nicholls State University.

Greg Rice obtained his mechanical engineering degree from Oklahoma State University and has been with Aquilex HydroChem for over twenty-five years, rising from Engineer-in-Training to a variety of management roles and vice presidencies.

Aquilex Holdings LLC is a leading provider of critical maintenance, repair and industrial cleaning solutions to the energy industry. Through divisional and branch offices in the United States, Europe and the South America, Aquilex provides services to a diverse global base of over 600 customers, primarily in the oil and gas refining, chemical and petrochemical production, fossil and nuclear power generation and waste-to-energy industries.

Contacts

Aquilex Holdings LLC
Kevin McGonigle, 678-728-9228
Chief Financial Officer


Source: Aquilex Holdings LLC