NEW YORK, July 13, 2020 /PRNewswire/ -- DriWay, a
global environmental technology company, today announced two new
independent Board Directors, Amy Guggenheim
Shenkan and Sima
Gandhi. DriWay partnered with Goldman Sachs on its
board selection process to identify individuals with a diversity of
experiences and perspectives.
Ms. Shenkan is an experienced public company and private equity
backed corporate director, public company officer, president, and
former McKinsey & Company digital transformation leader.
Shenkan brings deep operating and leadership experience in industry
powerhouses such as McKinsey, GE, Wells Fargo, and
Travelocity. Her executive and director experiences working
in and advising companies which have transformed their industries
by leveraging technology will be instrumental in the guidance of
DriWay's strategy, finance, audit, and governance processes as the
company continues to expand globally.
Ms. Gandhi is a business executive focused on emerging
technologies, most recently leading business development and
strategy for the fintech unicorn Plaid, which was recently acquired
by Visa for $5B+. Gandhi brings a broad and diverse expertise
across regulatory, private sector, and developer priorities given
her unique background at the US Department of Treasury, American
Express, Plaid, and as a tech investor.
"We cure unhealthy buildings and create healthier living and
working environments for people worldwide, especially as businesses
grapple with the challenges of improving indoor health. Given
current and future global health challenges, we are in a unique
position to help businesses and building owners respond to these
new realities," said Roy Judelson,
Global Chairman and CEO of DriWay Technologies. "As we
continue our rapid global expansion, I believe in having strong,
experienced board members who will help ensure we maintain best in
class governance and culture. Both Amy and Sima have the
backgrounds and experiences that will further strengthen our
leadership team and help guide DriWay during this important time,
and I am delighted to welcome them to our Board."
"Roy's vision to build a global business with a positive social
impact and exemplary governance coupled with DriWay's disruptive
technology and a $50B immediately
addressable market made the decision to join this board an easy
one," said Amy Guggenheim
Shenkan.
"DriWay's rapid success to date underscores the power of its
technology to improve the health of people all over the world. I'm
thrilled to partner with Roy and the DriWay team in building a
successful business that so effectively uses tech to drive social
impact," said Sima Gandhi.
About DriWay
DriWay is a technology company that
addresses environmental and health problems in buildings globally,
including "rising damp": mold-causing ground moisture that
naturally enters building foundations, basements, and ground floors
and can inflict health risks, structural damage, and increased
thermal insulation costs. This problem plagues 10% of all buildings
in the US, and higher percentages in other regions of the world,
according to an Ernst & Young market study.
The company's patented technology naturally neutralizes the
attraction force necessary for groundwater to rise into buildings,
allowing a combination of evaporation and gravity to remove excess
water from the walls. Without the use of any potentially hazardous
chemicals or electrical power, it provides a sustainable,
permanent, and environmentally friendly solution for building
owners, managers, and occupants. DriWay´s added impact on improved
air quality, carbon footprint reduction, health performance
indicators, and reduced energy consumption in buildings has
attracted the attention of leading scientific and research
institutions, such as Imperial College London and Massachusetts Institute of Technology, who will be
studying further applications of this groundbreaking
technology.
DriWay is headquartered in London, with subsidiaries in the US, UK, UAE
and South Korea. It is currently
providing its services to the US Government and marquee clients
such as Grosvenor Group in London,
Nakheel Properties in Dubai,
Olshan Properties in New York City
and Hyundai Corporation in South
Korea. During the next year DriWay will also be expanding
its operations into India,
Japan, Indonesia, Greece, and Cyprus after recently completing a Seed Round
financing at a $100 million
valuation.
For all media inquiries, please contact media@driway.com
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SOURCE DriWay