TPi January 2018

business & market news

Key management changes at ADS Advanced Drainage Systems, Inc (ADS), a manufacturer of water management products and solutions for commercial, residential, infrastructure and agricul- tural applications, announced several leadership changes in accordance with its succession plan, which became effective in September 2017.

skill set aligns well with ADS’s culture and its objectives to drive growth and operational excellence. I am confident that his expertise and experience honed while leading Emerson Electric’s $4.5bn global Network Power business will position ADS well for future success.” Mr Barbour said, “I am very excited to join the ADS team and to continue the company’s legacy of revolutionising the water management industry. ADS is a great business with outstanding prospects for the future. I look forward to building upon the company’s industry leadership, commitment to innovation and recent initiatives that drive operating performance improvements by leveraging its talented team and strong financial position.” Mr Kidder added, “On behalf of the board and management, we thank Joe for his countless contributions and dedication to the company. Over the past 37 years, Joe’s passion for the business and his leadership helped

The company’s board of directors named Scott Barbour to serve as president and chief executive officer, succeeding Joe Chlapaty, who has served in that capacity since 2004. The board also named C Robert Kidder, its current lead independent director, as chairman of the board. Mr Kidder commented, “This announcement comes at the right time as we enter the next chapter of the company’s evolution. Over the years, ADS has proven its ability to thrive on change and we are excited to have Scott lead the team and our company forward. Scott is a well-rounded executive whose leadership style and

position ADS at the forefront of the markets we serve today.” Advanced Drainage Systems, Inc – USA www.ads-pipe.com Scott Barbour, the new president and CEO of ADS

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