FOR IMMEDIATE RELEASE
SageWater Announces Appointment of David Schanuel as New Chief Executive Officer
Alexandria, Virginia, February 2, 2026 – SageWater, the nation’s leading provider of turnkey plumbing and mechanical infrastructure solutions for condominium and apartment communities, has announced that David Schanuel has been appointed Chief Executive Officer of the company.
“Over the past year as President and COO of SageWater, Dave has proven his leadership skills by guiding the organization to a year of record performance by nearly every measure. As a natural evolution of our succession planning process, I am honored to be able to step into the Chair of the Board role and turn over full operational responsibility to Dave,” said Peter M. Page, Jr., SageWater’s Founder and former CEO. “Dave has an exciting vision for the future and I am confident in his ability to execute on our strategic growth plans.”
“We are excited for Dave’s leadership for the Company’s next chapter,” said Derek McDowell, President of Boyne Capital, one of SageWater’s investor partners. “He brings creative ideas for both organic and acquisitive growth, and we look forward to partnering with him and the Executive Leadership Team to help take SageWater to the next level.”
About SageWater
SageWater is the nation’s leading provider of turnkey plumbing and mechanical infrastructure solutions for condominium and apartment communities. We help building owners and operators protect the value of their investments and the quality of residents’ lives by diagnosing piping system problems, designing innovative solutions and delivering lasting results. Over 35 years, we’ve pioneered unique program management and construction processes to deliver more efficient and cost-effective solutions in hundreds of communities across the country—all while residents remain in their homes. Operating nationwide, SageWater has headquarters in Alexandria, VA, and Honolulu, Hawaii. For more information, visit sagewater.com.
