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|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Industri |
| Industri | Jordbruk |
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Sandnes, Norway, Tuesday, 3 February 2026 - Desert Control (OSE: DSRT) today announced the appointment of David Borah as Chief Financial Officer (CFO). The appointment adds extensive experience in corporate finance and capital markets to Desert Control's executive management team to support the company's continued growth and strategic development.
"David's experience is a powerful combination of industrial sector expertise and financial acumen, encompassing corporate finance, strategy, and capital raising," said James Thomas, Chief Executive Officer of Desert Control. "His appointment continues our focus on building a leadership team capable of driving long-term value for our customers, shareholders, and employees. I would also like to thank Leonard Chaparian for his valuable contribution as Interim CFO. Leonard will provide transitional support to David to ensure a smooth handover."
"I am excited to join the talented team at Desert Control and contribute to the company's future success," said Mr. Borah. "As recent United Nations reporting on water scarcity has highlighted, there is a growing global need for solutions that enable more efficient use of water resources. Desert Control's technology addresses this challenge directly, and I look forward to helping expand the company's reach to customers worldwide who can benefit from its unique solutions."David Borah brings more than 20 years of experience from the institutional investment management industry, where he served as an analyst and portfolio manager with sector-specific expertise in industrials and health care. He has held senior corporate finance roles at several NASDAQ-listed companies, including Bicycle Therapeutics and PepGen Inc.
Previously, Mr. Borah worked at Wellington Management, Newton Investment Management, and GW&K Investment Management. He holds an MBA from Cornell University and a Bachelor of Arts from Brown University and is a CFA charterholder.
For more information, please contact:
David Borah
Chief Financial Officer
[email protected]
About Desert Control
Desert Control develops innovative solutions to enhance soil health, conserve water, and promote ecosystem resilience. The company's proprietary Liquid Natural Clay (LNC) technology enables sandy and fast-draining soils to retain water and nutrients, improving soil health, crop yields, and ecosystem vitality while reducing water consumption. Desert Control delivers customized solutions that support sustainable and profitable land use across agriculture, forestry, and green landscapes. In collaboration with partners and customers, the company aims to preserve natural resources, strengthen food security, and promote a climate-resilient future.
Cautionary Note
This release contains forward-looking statements relating to the business, performance, and prospects of Desert Control and the industry and markets in which the company operates. Forward-looking statements are statements that are not historical facts and may be identified by words such as "aims," "anticipates," "believes," "estimates," "expects," "foresees," "intends," "plans," "predicts," "projects," "targets," and similar expressions. Such statements are based on current expectations, estimates, and projections, reflect the company's current views concerning future events, and are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied. No assurance can be given that such forward-looking statements will prove to be correct, and readers are cautioned not to place undue reliance on them.