Raven Lining Systems Inc. (RLS) announced Jan. 9 that Stewart Nance has resigned his position as acting president of the company.
RLS is a Cohesant business unit recently formed to focus on providing solutions to the municipal market. RLS will promote Raven-branded products in the municipal market and will manage the Raven Lining Systems Certified Applicator network. RLS will also represent AquataPoxy and CuraFlo Spincast products in the municipal market.
“Cohesant’s board of directors accepts Stewart’s resignation and wishes to express its appreciation over the past 12 years,” said Cohesant CEO Morris H. Wheeler. “The board recognizes that Cohesant has greatly benefited from his leadership and dedication to the company.”
Cohesant has formed a search committee and has begun the process of recruiting a new RLS
Nance explained in the press release that he is resigning to spend more time with his family in Arkansas and to pursue personal business interests. “I take great pride in the accomplishments of the Raven team. We created a best-in-class technology foundation and partnered with the best coating contractors in the business. The team can build on these foundations to take RLS to the next level. I will miss them…it was fun.”
Cohesant Technologies recently announced the sale of its GlasCraft division to Graco Inc. The decision to divest GlasCraft will allow Cohesant to focus exclusively on its water and wastewater infrastructure rehabilitation business. With the sale of GlasCraft, RLS represents Cohesant’s largest business unit and Cohesant intends to build its strategy for the municipal market around RLS.
Cohesant Technologies, based in Indianapolis, is engaged in the protection and renewal of drinking water distribution systems and wastewater collection systems for municipal, industrial, commercial and residential infrastructure. It is also engaged in the design, development, manufacture and sale of specialized dispense equipment systems, replacement parts and supplies used in the operation of the equipment in the composites, polyurethane foam, polyurea and specialty coatings markets and the design, development, manufacture and sale of specialty coatings.