SYDNEY, AUSTRALIA: SciDev Ltd (ASX: SDV) announced the appointment of Seán Halpin as Chief Executive Officer. Seán has been serving as Interim CEO since April 2022.

SciDev is a leader in the environmental solutions market focused on water-intensive industries. SciDev brings together world-class technology, chemistry and application to solve pressing operational and environmental issues for the water, oil and gas, mining and construction markets.

Seán Halpin was the Co-Founder and Commercial Director of Haldon Industries Pty Ltd (Haldon), which SciDev acquired in May 2021. Post the acquisition, Seán served as the Commercial Director of Water Services for SciDev until his appointment as Interim CEO.

Seán has over 15 years of experience in the engineering and environmental services sector and holds a Bachelor of Environmental Science from Dublin City University and a Masters of Science in Environmental Engineering from the University of Newcastle-upon-Tyne.

SciDev Chairman Vaughan Busby said: The board is delighted that Seán has accepted the position of CEO. Seán has performed exceptionally in the role of Interim CEO and we believe he is the right person to continue growing SciDev’s customer base and delivering returns to shareholders.

The decision to appoint Sean as the permanent CEO necessitated a review of the Haldon acquisition agreement given the final outstanding earnout payment. Given the strong performance of water services, (Haldon) including the FY2023 revenues to date and contracted projects, and the change of Sean’s role, the Haldon acquisition terms have been varied so that the third and final tranche payment, due in Q3 CY2023 is now unconditional.