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Energy Recovery, Inc. (ERII)

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Energy Recovery, Inc.

1717 Doolittle Drive
San Leandro, CA 94577
United States
510-483-7370
http://www.energyrecovery.com

SectorIndustrial Goods
IndustryPollution & Treatment Controls
Full Time Employees131

Key Executives

NameTitlePayExercisedAge
Mr. Joel GayCEO, Pres & Director841.01kN/A39
Mr. Chris M. GannonChief Financial Officer586.25kN/A45
Mr. Nocair BensalahVP of Operations358.08k268.53k48
Mr. Rodney ClementeVP of Global Desalination Sales351.27k262.82k37
Mr. Eric O. SiebertVP of Strategy & Emerging Market Sales417.23kN/A38
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Energy Recovery, Inc. provides energy solutions to industrial fluid flow markets under the ERI, PX, Pressure Exchanger, PX Pressure Exchanger, AT, AquaBold, VorTeq, IsoBoost, and IsoGen names worldwide. The company operates through Water and Oil & Gas segments. It offers pressure exchanger energy recovery devices and turbocharger technologies for water desalination and oil and gas; AT turbochargers for low-pressure brackish, and high-pressure seawater reverse osmosis systems; and high-performance, high-efficiency, high-pressure, and circulation booster pumps. The company also provides VorTeq hydraulic fracturing system; IsoBoost energy recovery systems, such as hydraulic turbo chargers, and related controls and automation systems; and IsoGen energy recovery systems, including hydraulic turbines, and related controls and automation systems. In addition, it offers engineering, technical support, and training services; and preventive maintenance and support services, as well as reinstallation services. The company serves engineering, procurement, and construction (EPC) firms that design and build large desalination plants; original equipment manufacturers; oil companies; exploration and production companies; oilfield service companies; and EPC firms, which design and build oil and gas processing plants. It markets its products directly to customers through its direct sales organization, as well as through authorized independent sales agents. Energy Recovery, Inc. was founded in 1992 and is headquartered in San Leandro, California.

Corporate Governance

Energy Recovery, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 8. The pillar scores are Audit: 2; Board: 8; Shareholder Rights: 8; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.