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  • H2O Innovation (HEO) has named Louis G. Véronneau as the newest member of its board of directors
  • Mr. Véronneau succeeds Robert Comeau, who served on the board for four years
  • He currently serves as Executive Vice President and Chief Transformation Officer of SNC-Lavalin
  • The company has also announced an amendment to its stock option plan, increasing the number of shares under the plan from 4,000,000 to 8,000,000
  • H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers
  • H2O Innovation Inc. (HEO) is currently down 0.85 per cent, trading at $2.34 per share

H2O Innovation (HEO) has named Louis G. Véronneau as the newest member of its board of directors.

Mr. Véronneau succeeds Robert Comeau, who served on the board for four years. Mr. Comeau also served as chair of the audit committee during his time with the company.

“We wish to thank Mr. Comeau for his valuable contribution and his dedication as a Board member and wish him all the best in his new projects,” said board chair Lisa Henthorne.

Louis G. Véronneau is the Executive Vice President and Chief Transformation Officer of SNC-Lavalin, where he has been working since February 2020.

His experience comes from 25 years as a securities lawyer, general counsel, investment banker, and executive across several industries.

At SNC-Lavalin, Mr. Véronneau is responsible for streamlining operations, processes, and information technology systems in support of the company’s new strategic direction.

“The nomination of Mr. Véronneau to the Board of Directors,” remarked Lisa Henthorne, “is in line with the corporation’s governance practices to create a strong, diverse independent board of directors, having a mix of skills and experience in business development, financial, audit and risk management, investment banking, legal, merger and acquisitions, and corporate governance and ethics.”

The company has also announced an amendment to its stock option plan, increasing the number of shares under the plan from 4,000,000 to 8,000,000, which makes up 9.33 per cent of the company’s issued and outstanding common shares as of October 21, 2021.

H2O Innovation is a complete water solutions company focused on providing best-in-class technologies and services to its customers.

It is engaged in providing water treatment solutions based on membrane filtration technology for municipal, energy, and natural resources end-users.

H2O Innovation Inc. (HEO) is currently down 0.85 per cent, trading at $2.34 per share as of 9:42 am ET.

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