---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-033935"
form_type: "8-K"
ticker: "CDZI"
cik: "0000727273"
company_name: "CADIZ INC"
filed_at: "2023-12-08T23:59:59+00:00"
generated_at: "2026-06-07T15:50:24.638891+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cadiz CEO transition: Susan Kennedy becomes CEO Jan 1, 2024; ATEC revenue guidance >$12M

## Summary
- Susan Kennedy, Executive Chair, will become full-time CEO effective Jan 1, 2024, while remaining Chair.
- Current CEO Scott Slater will serve as senior advisor, focusing on water project and commercial opportunities.
- ATEC Water Systems expects revenues >$12M in FY2024 with segment positive operating income of $3-4M.
- Cadiz plans to create two new executive positions in 2024 for water project and ATEC scale-up.

## SEC filing metadata
- accession: 0001437749-23-033935
- form_type: 8-K
- ticker: CDZI
- cik: 0000727273
- company_name: CADIZ INC
- filed_at: 2023-12-08T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727273/000143774923033935/0001437749-23-033935-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727273/000143774923033935/cdzi20231207_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-033935
- JSON: https://secwatch.observer/filing/0001437749-23-033935.json
- Plain text: https://secwatch.observer/filing/0001437749-23-033935.txt

## Key facts
- Executive change
  Susan Kennedy was appointed as Chief Executive Officer at CADIZ INC.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appoint Susan Kennedy as Chief Executive Officer of Cadiz, in addition to Ms. Kennedy’s continued service as Chair of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/727273/000143774923033935/0001437749-23-033935-index.htm
- Executive change
  Scott Slater was appointed as Senior Advisor at CADIZ INC.
  - Action: appointed
  - Role: Senior Advisor
  source text: retain Scott Slater, the current Chief Executive Officer of Cadiz, as senior advisor to the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/727273/000143774923033935/0001437749-23-033935-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.