The Watermill Group, a strategy-driven private investment firm, set the stage for the next phase of the company’s growth by promoting three team members to executive leadership roles. Effective immediately, Watermill Principal Julia Karol has been appointed Watermill President and COO and Principal Michael Fuller is now CFO. In addition, after two years serving as the firm’s Director of Transactions, Matthias (Matt) Bergin assumes the role of Watermill Principal.
“We are thrilled to announce the promotion of three highly talented and respected members of the Watermill team. Together with the firm’s existing partners and leaders, Julia, Mike and Matt will ensure Watermill’s hallmark integrity, work ethic and strategic insight are protected and enriched for years to come,” stated Steven E. Karol, Managing Partner and Founder, Watermill. “Over our nearly 40 years of acquiring and operating businesses, we have always worked together as a team to create sustainable and long lasting value on behalf of our companies. Today’s promotions help ensure Watermill’s vision and culture continues to drive our business forward.”