Business Context and Reporting Period
This Form 8-K Current Report was filed by Energy Recovery, Inc. on September 16, 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 personnel appointment and does not contain financial statement data.
Material Changes
On September 16, 2021, the Board of Directors appointed Ms. Lisa Anne Pollina as a Class I director. Following this appointment, the Board consists of 7 directors. There are no arrangements or understandings between Ms. Pollina and other persons regarding her selection, and no reportable transactions exist between her and the Registrant under Item 404(a) of Regulation S-K.
Guidance, Outlook, and Risks
The filing does not contain guidance, outlook, management commentary on operations, or specific risk factors. Ms. Pollina will receive compensation pro-rated for her actual service and indemnification consistent with other non-employee directors. A press release announcing the appointment is included as Exhibit 99.1.
Key Facts for Investor Verification
- Ms. Lisa Anne Pollina was appointed to the Board of Directors on September 16, 2021.
- The total number of directors on the Board is now 7.
- Ms. Pollina's compensation and indemnification align with existing non-employee directors.
- No financial performance data is disclosed in this specific filing.