Pouring Bottled-Water Profits into Developing Countries Two entrepreneurs help tackle the clean-water crisis in impoverished communities around the world.
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Jeffrey Church and Michael Stone are addressing the developing world's clean-water crisis by selling purified water in the developed world.
Water isn't the core business of these two San Diego-based executives. Church is CEO of Universal Building Products, a manufacturer of specialty products for the concrete construction industry, and CEO of Autus Capital, a $25 million private equity firm. Stone is founder and retired chairman of J.H. Whitney Investment Management--where he worked with Church--and a founder and managing member of Westwind Investors.
After a mutual contact introduced them to the head of a non-governmental organization working to help children around the world, Church and Stone were so moved, they took their families to Kenya to learn about what the group was doing to address the lack of drinking water.