PHOENIX & HOUSTON - Oct. 17, 2019 - The FMD Group is pleased to welcome James M. (Mike) Waters as President. Mike will be responsible for overseeing all the companies within the FMD Group (Flow Management Devices, Oil and Gas Process Solutions, FMD Fabrication Services, and FMD Distribution and Service). Alex Ignatian will retain his position as Chief Executive Officer.

Mike Waters is an experienced, successful, and well-regarded business leader, who joins our team with over twenty-five years of experience within privately held manufacturers of measurement and control devices. His strengths include Organizational Alignment, Strategy Development, Process Development, Acquisition and Capital Deployment, Operational Excellence, Team Building, and Succession Planning.

For the last seven years, Mike has been President and CEO of SOR Controls Group, a global leader in the design and manufacture of measurement and control devices. "We are fortunate to have someone of Mike's caliber and capabilities join our team," states Alex Ignatian. "With the tremendous growth we've experienced as a company in 2019, this marks the next logical step for The FMD Group."

Before joining SOR, Mike served in several senior leadership positions at CIRCOR International. Preceding CIRCOR, he was President of Flow-Zone, LLC, a Texas-based oilfield supply and automation company. Mike began his career with Emerson Electric Corporation as part of the Rosemount Measurement and Control organization.

Mr. Waters is also a current board member for five different associations, encompassing manufacturing, energy systems, petroleum equipment, and measurement controls. He holds a Bachelor of Science in Industrial Distribution from Texas A&M University and a Master of Business Administration in Finance from the University of St. Thomas in Houston, TX.

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Judy Williams