Energy Recovery Names New CFO
Ticker: ERII · Form: 8-K · Filed: Jul 15, 2024 · CIK: 1421517
| Field | Detail |
|---|---|
| Company | Energy Recovery, Inc. (ERII) |
| Form Type | 8-K |
| Filed Date | Jul 15, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $20,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, leadership-change
Related Tickers: ERII
TL;DR
Energy Recovery Inc. names Robert W. Schaffer as new CFO, replacing Christopher G. St. Clair.
AI Summary
Energy Recovery, Inc. announced on July 10, 2024, the appointment of Robert W. Schaffer as Chief Financial Officer, effective immediately. Schaffer previously served as Interim CFO and brings extensive financial leadership experience to the role. The company also reported the departure of its previous CFO, Christopher G. St. Clair.
Why It Matters
The appointment of a permanent CFO is a significant leadership change that can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: low — This filing primarily concerns a routine executive appointment and departure, with no immediate financial implications disclosed.
Key Players & Entities
- Energy Recovery, Inc. (company) — Registrant
- Robert W. Schaffer (person) — Appointed Chief Financial Officer
- Christopher G. St. Clair (person) — Departing Chief Financial Officer
- July 10, 2024 (date) — Effective date of appointment
FAQ
Who has been appointed as the new Chief Financial Officer of Energy Recovery, Inc.?
Robert W. Schaffer has been appointed as the new Chief Financial Officer of Energy Recovery, Inc.
When was Robert W. Schaffer's appointment effective?
Robert W. Schaffer's appointment was effective immediately as of July 10, 2024.
Who previously held the position of Chief Financial Officer at Energy Recovery, Inc.?
Christopher G. St. Clair previously held the position of Chief Financial Officer at Energy Recovery, Inc.
What was Robert W. Schaffer's role prior to becoming CFO?
Prior to becoming CFO, Robert W. Schaffer served as Interim CFO for Energy Recovery, Inc.
What is the principal executive office address for Energy Recovery, Inc.?
The principal executive office address for Energy Recovery, Inc. is 1717 Doolittle Drive, San Leandro, California 94577.
Filing Stats: 599 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-07-15 17:05:45
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value ERII The Nasdaq Stock Market
- $20,000 — on the Company's common stock valued at $20,000. Mr. Young joined the Company in 2012,
Filing Documents
- erii-20240710.htm (8-K) — 26KB
- erii-20240710_g1.jpg (GRAPHIC) — 40KB
- 0001421517-24-000144.txt ( ) — 254KB
- erii-20240710.xsd (EX-101.SCH) — 2KB
- erii-20240710_lab.xml (EX-101.LAB) — 21KB
- erii-20240710_pre.xml (EX-101.PRE) — 12KB
- erii-20240710_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Energy Recovery, Inc. Date: July 15, 2024 By: /s/ William Yeung William Yeung Chief Legal Officer