Sandnes, Norway, Tuesday, 3 February 2026 – Desert Control (OSE: DSRT) today announced the appointment of David Borah as Chief Financial Officer (CFO). The appointment adds extensive experience in corporate finance and capital markets to Desert Control’s executive management team to support the company’s continued growth and strategic development.
“David’s experience is a powerful combination of industrial sector expertise and financial acumen, encompassing corporate finance, strategy, and capital raising,” said James Thomas, Chief Executive Officer of Desert Control. “His appointment continues our focus on building a leadership team capable of driving long-term value for our customers, shareholders, and employees. I would also like to thank Leonard Chaparian for his valuable contribution as Interim CFO. Leonard will provide transitional support to David to ensure a smooth handover.”
“I am excited to join the talented team at Desert Control and contribute to the company’s future success,” said Mr. Borah. “As recent United Nations reporting on water scarcity has highlighted, there is a growing global need for solutions that enable more efficient use of water resources. Desert Control’s technology addresses this challenge directly, and I look forward to helping expand the company’s reach to customers worldwide who can benefit from its unique solutions.”David Borah brings more than 20 years of experience from the institutional investment management industry, where he served as an analyst and portfolio manager with sector-specific expertise in industrials and health care. He has held senior corporate finance roles at several NASDAQ-listed companies, including Bicycle Therapeutics and PepGen Inc.
Previously, Mr. Borah worked at Wellington Management, Newton Investment Management, and GW&K Investment Management. He holds an MBA from Cornell University and a Bachelor of Arts from Brown University and is a CFA charterholder.
For more information, please contact:
David Borah
Chief Financial Officer
Email: moc.lortnoctresedobfsctd-6b5f0e@harob.divad