Business Context and Reporting Period
This Form 8-K Current Report was filed by Energy Recovery, Inc. on December 17, 2021. The filing reports a corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a director appointment and does not contain financial performance data.
Material Changes
The material change reported is the appointment of Ms. Joan K. Chow as a Class III director by the Board of Directors on December 17, 2021. Following this appointment, the Board consists of 8 directors.
Guidance, Outlook, and Management Commentary
There is no guidance, outlook, or management commentary regarding financial performance in this filing. Regarding the new director:
- Ms. Chow will receive compensation pro-rated for her actual service, consistent with other non-employee directors.
- She will receive standard indemnification.
- There are no family relationships between Ms. Chow and existing officers or directors.
- There are no reportable transactions between Ms. Chow and the Registrant under Item 404(a) of Regulation S-K.
Key Facts for Investor Verification
- Ms. Joan K. Chow was appointed as a Class III director on December 17, 2021.
- The total number of directors on the Board is now 8.
- A press release announcing the appointment is included as Exhibit 99.1.
- No financial results or forward-looking guidance are included in this specific filing.