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Fibracast Appoints Former Magna COO Tom Skudutis as Chief Operating Officer

Fibracast Ltd. (“Fibracast” or the “Company”), a leading developer and manufacturer of innovative membrane technologies for advanced water and wastewater treatment, is pleased to announce the appointment of Mr. Tommy (Tom) J. Skudutis as Chief Operating Officer, effective immediately.

Mr. Skudutis brings more than 30 distinguished years of global manufacturing and operational leadership experience, having most recently served as Chief Operating Officer of Magna International Inc. — one of the world’s largest and innovative automotive suppliers. In that role, he led operations across more than 330 manufacturing facilities worldwide and played a key role in driving industry leading quality, product innovation, new product launches, lean manufacturing practices, and global supply chain excellence.

“Tom’s operational excellence depth, global perspective, and leadership track record are exactly what Fibracast needs as we scale up our efforts to deliver next-generation membrane solutions to a world facing urgent water reuse and treatment challenges,” said Steve Watzeck, Chief Executive Officer of Fibracast. “We are thrilled to welcome him to our executive team.”

As the world confronts rising demand for clean water, stricter environmental regulations, and increased climate-related water stress, Fibracast’s advanced membrane technologies are uniquely positioned to support municipalities and industries seeking efficient, sustainable treatment solutions. The Company’s patented hybrid membrane platform delivers superior performance with lower footprint, energy and maintenance requirements — critical for long-term infrastructure resilience.

Mr. Skudutis’ appointment signals Fibracast’s commitment to continuous innovation and operational excellence as it expands into new markets and builds strategic partnerships worldwide. His proven ability to lead complex global operations and implement scalable, high-quality manufacturing systems will play a central role in accelerating Fibracast’s growth and impact.

About Fibracast

Fibracast Ltd. is a Canadian clean tech company based in Hamilton, Ontario. The Company is renowned for developing and manufacturing advanced next-generation membrane technology for water treatment and reuse. This technology efficiently treats water and wastewater to meet the strictest regulatory standards and enables water sustainability. Manufacturing is conducted in Canada, with products sold internationally to municipal, industrial, institutional, and commercial clients.

For more information on Fibracast, see https://www.fibracast.com.

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