Mr Hedley brings to Genesis leadership skills at a time when the company is poised to take its technology to the global market, Genesis said. He has held senior management roles with companies including divisions of Citibank, Chase and American Airlines. Recently, Mr Hedley has been funding and managing early growth stage companies in the aerospace, engineering and technology industries, and is on the boards of both industry and community organizations.

Mr Hedley said: “This is an exciting time to join Genesis, given the enormous opportunity for ecologically-friendly watershed remediation addressed by the company’s state-of-the-art technology.”

Michael Hodges, president and chairman of Genesis, said: “This represents a major step in the growth of our company. Martin will build on our proven successes and drive significant growth in our business. His background in senior, global, operational and leadership roles allows us to capitalize on the growing opportunities emerging in our industry.”