Primo Water Corporation has appointed Susan Cates to its board of directors. Cates’ appointment increases the size of the board from five to six members.
Cates is the president of executive development at the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School, in addition to serving as executive director of MBA@UNC. Prior to joining UNC in 2008, Cates was a partner with Best Associates, a private equity firm, was a founder of ThinkEquity Partners and also previously worked in investment banking at Merrill Lynch, as well as in corporate lending at Wachovia Bank.
“We are excited to announce the appointment of Susan to our board. Her extensive leadership and financial experience will enable her to make meaningful contributions to the board,” said Billy Prim, Primo’s chairman and CEO. “Susan has a strong understanding of business development that will also help Primo as we continue to execute on our strategic initiatives and implement our growth strategy.”