374Water appoints Chris Gannon as CEO; base salary $450K, equity awards of 7.5M shares

374Water Inc.

Effective April 22, 2024; Gannon receives $450K annual salary with target bonus of 125% of base.
Granted 2,250,000 RSUs and 5,250,000 options under 2021 Equity Incentive Plan, vesting over time and milestones.
Gannon was former CEO of Energy Recovery (ERII), where he quadrupled market cap and tripled revenue.
Company preparing commercial-grade AirSCWO6 deployments at Orange County Sanitation District and Orlando's Iron Bridge facility.
Continuing DoD partnerships for PFAS/AFFF destruction testing and other waste destruction engagements.

item 1.01 item 5.02 item 3.02 item 7.01 item 9.01

Executive movements

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Appointed

Christian Gannon

President and Chief Executive Officer

SCWO · 374Water Inc.

Effective: 2024-04-22
Filed: April 24, 2024, 7:59 PM ET

On April 19 2024, 374Water Inc. (the “ Company ”) entered into an employment agreement with Christian Gannon (the “ Employment Agreement ”), for Mr. Gannon to serve as President and Chief Executive Officer of the Company effective April 22, 2024 (the “ Start Date ”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Christian Gannon was appointed as President and Chief Executive Officer at 374Water Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On April 19 2024, 374Water Inc. (the “ Company ”) entered into an employment agreement with Christian Gannon (the “ Employment Agreement ”), for Mr. Gannon to serve as President and Chief Executive Officer of the Company effective April 22, 2024 (the “ Start Date ”).

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374Water Inc. filing history →

Source: SEC EDGAR

accession 0001654954-24-004965

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