Energy Recovery ( (ERII) ) has provided an announcement.
On February 26, 2025, Energy Recovery, Inc. announced the appointment of Dr. Ram Ramanan as the new Chief Technology Officer, effective March 3, 2025, succeeding Dr. Farshad Ghasripoor, who will retire but remain as an executive advisor until October 2025. Dr. Ramanan brings over 30 years of engineering leadership experience and will focus on advancing the company’s strategic vision for growth. Additionally, David Kim-Hak was promoted to Vice President, Wastewater, a role aimed at accelerating growth in municipal and industrial wastewater treatment. These appointments underscore Energy Recovery’s commitment to technical, operational, and cultural excellence, positioning the company for sustained growth.
More about Energy Recovery
Energy Recovery is a global leader in energy efficiency technology, specializing in pressure exchanger technology. The company designs and manufactures solutions that enhance energy efficiency, reduce carbon emissions, and generate cost savings across various industries. With a strong presence in the desalination industry, Energy Recovery has been providing transformative solutions for over 30 years, operating from its headquarters in the San Francisco Bay Area.
YTD Price Performance: -1.41%
Average Trading Volume: 309,476
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $849.9M
See more insights into ERII stock on TipRanks’ Stock Analysis page.