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HaloSource CEO Martin Coles to take leave of absence

HaloSourceHaloSource, a clean water technology solutions company, announces that president and CEO Martin Coles has received medical advice to take a temporary leave of absence.

Mr. Coles joined HaloSource as a member of the board in July 2011 and was appointed president and chief executive officer in October 2011.

Prior to joining HaloSource, Mr. Coles held the positions of chief operating officer and later president of Starbucks Coffee International.

His career also includes 35 years of serving in a variety of senior executive and board positions at Procter & Gamble, PepsiCo, Nike and Reebok. He also served as a non-executive director at Levi Strauss.

Mr. Coles began his career at Procter & Gamble UK in 1977 as a graduate-entry production manager.

He currently serves on the not-for-profit International Education Advisory Boards of the University of Washington Business School at Bothell, previously serving as chairman of the UW Foster Business School Advisory Board and Seattle University, where he is a fellow of the Albers Business School.

Mr. Coles is a graduate of the University of Wales at Swansea, where he received a BSc in Biochemistry.

During Mr. Coles' leave of absence he will remain a member of the Company's Board and James Thompson, the Company's Senior Vice President of Business Development, will serve as Acting CEO.

Mr. Thompson joined HaloSource in August 2004 as Chief Financial Officer. He was appointed General Manager - Americas in July 2012.

Mr. Thompson also served as Senior Vice President Business Development from January 2012 to July 2012.

He was a principal with Alexander Hutton Venture Partners, LP, a regional venture capital firm investing in emerging growth companies, and formerly an associate with Alexander Hutton Capital where he raised capital for technology start-ups in the Pacific Northwest of the U.S.

Prior to business school, Mr. Thompson was a securities analyst with Security Capital Group and began his career as a credit analyst for Continental Illinois National Bank.

Mr. Thompson has a BA from Gonzaga University and an MBA from the University of Washington.


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