secwatch.observer — SEC 8-K summary
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Issuer:     Energy Recovery, Inc. (ERII)
CIK:        0001421517
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001421517-25-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Energy Recovery appoints Ram Ramanan as CTO; Farshad Ghasripoor to retire
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- Dr. Ram Ramanan becomes CTO effective March 3, 2025, succeeding retiring Dr. Farshad Ghasripoor.
- Dr. Ghasripoor retires March 14, 2025, will serve as executive advisor through October 2025.
- Ramanan receives $350K salary, up to 60% bonus, and equity awards totaling $1M (option, RSU, PSU).
- David Kim-Hak promoted to VP, Wastewater, a new role to accelerate wastewater revenue growth.
- Ramanan brings 30+ years of engineering leadership from Bloom Energy and Rondo Energy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1421517/000142151725000046/0001421517-25-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1421517/000142151725000046/erii-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001421517-25-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer