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374Water Inc. appoints Chris Gannon as the new CEO to lead the scaling of its innovative waste and water treatment technology. Gannon's extensive leadership background in environmental technology, industrial innovation, and customer service aligns with the company's growth strategy. The company aims to deploy its AirSCWO technology in major projects and partnerships, addressing global water and waste management challenges. Gannon's experience in scaling companies and capital markets is expected to drive revenue growth and technology advancement at 374Water.
374Water Inc. ha nominato Chris Gannon come nuovo CEO per guidare l'espansione della sua innovativa tecnologia di trattamento dei rifiuti e delle acque. Il vasto background di Gannon in tecnologia ambientale, innovazione industriale e servizio clienti è in linea con la strategia di crescita dell'azienda. L'obiettivo è implementare la tecnologia AirSCWO in grandi progetti e partnership per affrontare le sfide globali nella gestione dell'acqua e dei rifiuti. Si prevede che l'esperienza di Gannon nello sviluppo di aziende e nei mercati finanziari contribuirà alla crescita dei ricavi e all'avanzamento tecnologico di 374Water.
374Water Inc. ha designado a Chris Gannon como su nuevo CEO para liderar la escalada de su tecnología innovadora de tratamiento de residuos y aguas. El extenso historial de liderazgo de Gannon en tecnología ambiental, innovación industrial y servicio al cliente está alineado con la estrategia de crecimiento de la compañía. La empresa tiene como objetivo desplegar su tecnología AirSCWO en proyectos importantes y asociaciones, abordando los desafíos globales de gestión de agua y residuos. Se espera que la experiencia de Gannon en la escalada de empresas y los mercados de capital impulse el crecimiento de los ingresos y el avance tecnológico en 374Water.
374Water Inc.는 혁신적인 폐기물 및 수처리 기술의 확대를 이끌 새로운 CEO로 Chris Gannon을 임명했습니다. Gannon의 환경 기술, 산업혁신, 고객 서비스 분야의 폭넓은 리더십 경험은 회사의 성장 전략과 일치합니다. 회사는 글로벌 물과 폐기물 관리 도전을 해결하기 위해 주요 프로젝트 및 파트너십에서 AirSCWO 기술을 배치하려고 합니다. Gannon의 기업 확장과 자본 시장 경험은 374Water의 수익 성장과 기술 발전을 촉진할 것으로 기대됩니다.
374Water Inc. a nommé Chris Gannon comme nouveau PDG pour diriger l'expansion de sa technologie novatrice de traitement des eaux et des déchets. Le vaste background de Gannon dans la technologie environnementale, l'innovation industrielle et le service clientèle est en accord avec la stratégie de croissance de l'entreprise. L'entreprise vise à déployer sa technologie AirSCWO dans des projets majeurs et des partenariats, répondant aux défis mondiaux de gestion de l'eau et des déchets. L'expérience de Gannon dans l'expansion d'entreprises et les marchés de capitaux devrait stimuler la croissance des revenus et l'avancement technologique chez 374Water.
374Water Inc. hat Chris Gannon zum neuen CEO ernannt, um die Skalierung seiner innovativen Abfall- und Wasseraufbereitungstechnologie zu leiten. Gannons umfassende Führungserfahrung in Umwelttechnologie, industrieller Innovation und Kundenservice entspricht der Wachstumsstrategie des Unternehmens. Das Unternehmen beabsichtigt, seine AirSCWO-Technologie in großen Projekten und Partnerschaften einzusetzen, um globale Herausforderungen im Wasser- und Abfallmanagement anzugehen. Es wird erwartet, dass Gannons Erfahrung in der Skalierung von Unternehmen und auf den Kapitalmärkten das Umsatzwachstum und den technologischen Fortschritt bei 374Water vorantreiben wird.
Positive
- Appointment of Chris Gannon as new CEO to drive growth and innovation at 374Water
- Company's focus on deploying commercial-grade AirSCWO technology in major projects and partnerships
- Addressing global water and waste management challenges with revolutionary technology
- Gannon's experience in scaling companies and capital markets to accelerate revenue growth at 374Water
Negative
- None.
DURHAM, NC / ACCESSWIRE / April 23, 2024 / 374Water Inc. (Nasdaq:SCWO), a global leader in cutting-edge, sustainable waste management technologies, today announced the appointment of Chris Gannon as its new President and Chief Executive Officer (CEO), effective immediately. Gannon brings a broad array of executive leadership experience in multiple disciplines and industries, including environmental technology development, highly engineered product, advanced manufacturing, and global customer support and service with customers in the municipal, industrial, commercial, defense, and medical spaces. Gannon has also served in numerous transformational roles at both publicly traded and private equity backed companies, where he has successfully built and grown world-class, customer-centric, technology-focused companies in industries governed by extensive regulatory requirements.
"Chris's extensive and proven track record of developing and executing high growth strategies along with his experience in industrial technology innovation, product commercialization, manufacturing, field services, and the water and wastewater industries, aligns perfectly with our near and long-term goals," said Rene Estes, 374Water Board Chairwoman. "Under Chris' leadership, 374Water will accelerate its work to redefine the water and waste management industries with our revolutionary AirSCWO technology, driving results for our customers, shareholders, and our communities."
This is a pivotal time for the company as it prepares to deploy its commercial-grade AirSCWO6 technology in several major projects, including the Orange County Sanitation District and the City of Orlando's Iron Bridge Regional Water Reclamation Facility. 374Water will also continue to advance its partnership with the Department of Defense to complete PFAS, AFFF, and other waste destruction testing engagements, and with other treatment, storage and disposal facilities across the United States to destroy PFAS contaminated fluids.
"I would like to thank 374Water's Board of Directors for the opportunity to lead the company at this defining moment. I am excited to join this great team and to bring 374Water's pioneering technology to customers and communities around the world," said Gannon. "The economic and environmental benefits of waste destruction versus disposal are compelling, and our AirSCWO technology can bring these benefits to market at scale. This technology can deliver profoundly positive impacts to global water and waste management challenges for generations to come."
U.S. wastewater treatment plants alone treat 34 billion gallons of wastewater daily, translating into 292 million tons of solid waste produced annually. Present waste disposal options, such as land application, landfill, incineration and deep well injection, are inadequate and all have environmental, health and liability repercussions. In addition, the EPA's April 2024 PFAS in drinking water regulations surrounding Per- and Polyfluorinated Substances (PFAS), commonly known as "forever chemicals," further underscore the need for advancements in waste treatment and destruction technologies.
374Water's AirSCWO system efficiently, continuously, cost-effectively, and with unprecedented reliability transforms a range of organic wastes - including biosolids, PFAS, AFFF, water and waste treatment residuals, landfill leachate, oily sludge, granulated activated carbon, and ion exchange resins - into clean water, safe minerals, and renewable energy. Leveraging the waste-agnostic AirSCWO technology, 374Water intends to tackle this global environmental challenge in a comprehensive and cost effective way, thereby redefining the waste management and water treatment industries.
Gannon further commented, "My immediate goal is to establish a growth-accelerating strategy and secure the essential tools and funding for implementation. Growing our revenue and team, investing in technology and our manufacturing platform are crucial for future success. As we progress, we will maintain active engagement with our key stakeholders. I am confident in 374Water and our AirSCWO technology's ability to revolutionize the waste management and water treatment industries."
Chris Gannon Background
Gannon brings extensive experience in scaling companies and deep expertise in capital markets and engineering. As the former President and CEO of Energy Recovery, Inc. (NASDAQ: ERII), he spearheaded the company's rapid growth in the core water business and its expansion into the wastewater and refrigeration markets. His leadership saw a quadruple increase in market capitalization and a tripling of annual revenue, achieved through expanding manufacturing, building a top-tier R&D&E division, and forging strategic partnerships. Later, as CEO of National Fire and Safety, he transformed and scaled the company, growing to over 900 employees and expanding its operational footprint through strategic acquisitions and a revamped revenue model. He holds an MBA from the University of Chicago Booth School of Business and a BSE from the University of Michigan's College of Engineering.
Austin Meyermann, founder and President of Hunter Crown, LLC, with a specialization in the water and wastewater industry, led the CEO search on behalf of 374Water.
About 374Water
374Water Inc. (NASDAQ:SCWO) is a global cleantech company with innovative solutions to wastewater treatment and waste management issues. 374Water's AirSCWO technology transforms organic "wastes" into minimal impact, value-added products, effectively shifting the waste management paradigm from disposal to resource recovery. 374Water is leading a new era of creating value in sustainability, eliminating PFAS and protecting our communities. Follow us on LinkedIn.
Cautionary Language
This press release contains "forward-looking statements," as that term is defined under the Private Securities Litigation Reform Act of 1995 (PSLRA), which statements may be identified by words such as "expects," "plans," "projects," "will," "may," "anticipates," "believes," "should," "intends," "estimates," and other words of similar meaning.
Investor Contact:
Heather Crowell
ir@374water.com
Media Contact:
Christian Rizzo
media@374water.com
SOURCE: 374Water Inc.
View the original press release on accesswire.com
Chris Gannon has been appointed as the new CEO of 374Water Inc.
374Water plans to deploy its AirSCWO technology in major projects.
Chris Gannon has leadership experience in environmental technology, industrial, commercial, defense, and medical industries.
The AirSCWO technology transforms organic wastes into clean water, safe minerals, and renewable energy.
Chris Gannon aims to establish a growth-accelerating strategy, secure essential tools and funding, grow revenue and team, invest in technology, and maintain active engagement with key stakeholders.
