RM Nephew and Associates Fills Board Position for Watts Water Technologies

December 14, 2020 – Although boards of directors are considered the backbones of organizations, director recruiting has grown markedly more challenging, say recruiters who conduct searches in that area. As a result, companies continue to turn to executive search firms to help find new board members.

Executive recruitment firm RM Nephew and Associates’ board diversity practice recently placed Michael J. Dubose as new member of board of directors at NYSE-traded Watts Water Technologies in North Andover, MA.

“Awareness of the value of and need for diversity in the boardroom has increased significantly in 2020,” said Bob Nephew, founder of RM Nephew and Associates. “RM Nephew and Associates has established an intentional effort to both respond to the strategic business needs of our clients and help resolve this condition of underrepresentation. Mike joining the Watts board is one result of that initiative.”

Mr. Dubose has served as president of the Fisher healthcare division of Thermo Fisher Scientific since March 2019. He previously served as vice president of national accounts and cross border business globally for W.W. Grainger. from 2010 to 2019. Mr. Dubose also served as a regional vice president of Staples from 2008 to 2010. Earlier in his career, he held senior management positions with Corporate Express, Alliant Foodservice and Baxter International.

2020 Diversity, Equity & Inclusion Recruiting Report:
Building a Balanced and Diverse Workforce

Hunt Scanlon Media’s latest market intelligence recruiting report – this time focused on Diversity, Equity & Inclusion – will be available later this fall! The nation’s top executive recruiters are resetting expectations and looking for new ways forward to build balanced and diverse workforce teams for their clients.

According to executive recruiters, DE&I should not just be a priority, but an integrated part of every company’s leadership goals. Some companies have even tied DE&I metrics to executive compensation. But it’s more than that.

Part of building strong, diverse hiring teams means asking yourself: “Who is my company culture going to attract – and how will it engage people who are here?” This question can be very difficult to answer if you assume everyone feels welcome already just because you do. Fostering diversity, equity and inclusion within organizations is more than just the right ethical decision. “It is one of the best business decisions a company can make,” said Keri Gavin, a partner with Hanold Associates and leader of the search firm’s Global Diversity, Equity & Inclusion practice. Hanold Associates is a proud sponsor of this year’s report. This report will help organizations prioritize DE&I as a business imperative that drives greater competitiveness, innovation and business results. Get it now! 

“Mike brings to Watts a wealth of experience with respect to the healthcare marketplace, which is a significant target market for Watts, and commercial supply distribution,” said W. Craig Kissel, chairman of the Watts board. “We believe his knowledge and experience will enable him to provide valuable guidance with respect to operational excellence, solution sales, and talent development.”

Related: U.S. Boards Seen as Slowly Evolving

Watts Water Technologies, through its family of companies, is a global manufacturer headquartered in the U.S. that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions for residential, commercial and industrial applications.

Veteran Recruiters

RM Nephew and Associates, with offices in Boston and New York, offers partnership-driven solutions to business leadership and recruitment challenges worldwide. The firm specializes in providing executive search services for clients within the healthcare, technology and professional services industries. Its clients range from Fortune 500 companies to mid-size firms to private equity sponsored enterprises. The firm has extensive experience partnering with privately-held family-owned firms.

RM Nephew and Associates Recruits CFO for Financial Recovery Technologies
RM Nephew and Associates placed former Attivio executive Alan Cooke as the new CFO of Financial Recovery Technologies (FRT), a technology-based services organization that helps the investment community identify eligibility, file claims and collect funds made available in securities class action settlements. Mr. Cooke was previously the CFO and general counsel of Attivio.

Mr. Nephew founded RM Nephew and Associates with more than 35 years executive search experience. He has built his career within the technology, professional services, and healthcare industries. Areas of expertise include human resources, board of directors and financial officer disciplines. Through his extensive work in these areas, Mr. Nephew has refined techniques for placing senior leaders who serve as trusted advisors to the CEO on a range of strategic business matters. His clients value the insights he brings from recruiting success within their niche sectors and functional areas, as well as his work on both the provider and client side of the business.

Related: 10 Key Findings That Impact Board Performance

Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor  – Hunt Scanlon Media

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