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The latest update is out from Energy Recovery (ERII).
Energy Recovery, Inc. announced the departure of their Chief Financial Officer, Joshua Ballard, effective June 30, 2024, with no disagreements on company operations being the cause. A General Release agreement grants Ballard a $400,000 lump sum and the ability to exercise vested options until June 30, 2026, in exchange for his continued service until his departure, a release of claims against the firm, and adherence to restrictive covenants.
For detailed information about ERII stock, go to TipRanks’ Stock Analysis page.
