Dave Wathen

dave wathen
Non Executive Director

Dave Wathen is CEO and President of TriMas; a Nasdaq traded industrial manufacturing company headquartered in Michigan. TriMas Corporation has 4000 employees at 70 facilities in 11 countries, and produces engineered products in five strategic business segments: Packaging, Energy, Aerospace and Defence, Engineered Components and Cequent. Until 2008 Mr. Wathen was President and CEO of Balfour Beatty, Inc., a multi-divisional US based organization with revenues totaling over $1.2 billion.

The largest division of Balfour Beatty is Balfour Beatty Construction, Inc., a top ten US heavy civil construction firm focused on large road, bridge and water facilities; other divisions work in the rail, building controls and building design sectors. Previously, Mr. Wathen was a Principal Member and General Partner of an investment bank & private equity fund focused on financially and operationally distressed mid-size companies. He has a background in manufacturing-engineering, with over 25 years spent in general management roles at General Electric, Emerson and Eaton. His experience includes the oversight of many new plant builds and start-ups. Mr. Wathen is currently also a director of Franklin Electric Inc., a NASDAQ-listed company where he serves as Chair of the Governance committee and on the Audit committee. At NXIL, Mr. Wathen also serves as chairman of the committee that manages the refurbishment and commissioning of the US plant.