Leadership / Governance
H2O Innovation is led by a group of visionaries and entrepreneurs with a common goal: contribute to the strengthening of the water treatment industry by elaborating a unique customer offer based on 3 business pillars: Water and Wastewater Projects & Services, Specialty Products and Operation & Maintenance .
After more than 18 years of existence, H2O Innovation steadily pursue its growth and the enhancement of its unique value-added customer offer. With over 700 water treatment systems installed mostly in North America and products exported in more than 40 countries, we keep concentrating our efforts on the continuous improvement and development of our offer, our knowledge and our expertise.
With three strong business pillars, 1- Water and Wastewater Projects & Services, 2- Specialty Chemicals and 3- Operation & Maintenance, the company is very well balanced and not dependant on a single source of revenues. All together, these three business pillars provide a unique and accountable business model to better serve the Design-Build-Operate opportunities, a fast growing segment in the water industry.
Board of Directors & Committees
(1) Audit Committee
The Audit Committee is responsible for (i) reporting on certain aspects of the overall stewardship of the Corporation as delegated by the Board of Directors, (ii) the oversight of the financial reporting process, and (iii) managing, on behalf of the shareholders, the relationship between the Corporation and the external auditor.
(2) Governance, Remuneration and Risks Committee
The Corporate Governance, Remuneration and Risks Committee is appointed by the Board of Directors for the purpose of providing oversight, assessment, guidance and/or recommendation to the Board of Directors regarding the following matters: (i) corporate governance affairs, (ii) compensation of the executive officers and Board members, (iii) certain human resources matters including employee benefits and talent management, (iv) risk management, (v) internal controls, (vi) health and safety and vii) general compliance (environmental and other).
(3) Growth Committee
The Growth Committee reviews and oversees the Corporation’s overall strategic direction, its mergers and acquisitions activities, licensing opportunities, major investments in technology and/or research & development as well as other investments such as opening new plants, creating joint ventures, etc.
(4) Project, Operation and Innovation Committee
The purpose of the Projects, Operation and Innovation Committee is to assess, and provide guidance to the Board of Directors and the Corporation’s management on, matters of strategic interest for the constant development and improvement of the Corporation’s Operation & Maintenance and Projects & Aftermarket business pillars, including the review and overseeing of technology orientations, research and development initiatives and health & safety. This committee also approves certain operation and maintenance contracts and/or certain water and wastewater treatment equipment bids in accordance with its mandate and the Corporation’s Delegation of Authority Policy.