Energy Recovery chief financial officer Chris Gannon has stepped up to the role of interim chief executive.
Gannon succeeds longstanding chief executive Joel Gay who has resigned citing family reasons.
“The change in leadership does not represent a change in strategy. Our primary focus continues to be the commercialization of VorTeq and we remain confident in attaining material progress in 2018. We will continue to grow our leading position in the desalination business, work to develop and commercialize our MTeq product, and invest in innovation and application of our core technologies into new markets,” Gannon said.
Energy Recovery chairman of the board, Hans Peter Michelet, paid tribute to Gay. “Joel has been a tireless leader in driving fundamental change in the company’s strategy and expanding our technologies’ reach into new business sectors, laying a path for continued growth beyond our market leading position in the global desalination business. We extend our sincere thanks for his efforts and wish him the very best,” he said.