Executive Team

David Moon

David Moon

President and Chief Executive Officer, Director

David W. Moon was appointed Energy Recovery’s President and Chief Executive Officer in January 2024, after previously being named Interim President and CEO in October 2023. Mr. Moon joined Energy Recovery’s Board of Directors in July 2023. Mr. Moon was previously President of Carrier Commercial Refrigeration (CCR), a division of Carrier Global Corporation, from 2020-2021. Based in Paris, CCR is a leading supplier of high-efficiency CO2 turnkey refrigeration systems and services to the food retail, processing, and storage segments and pharmaceutical segment in EMEA and Asia. Prior to that, Mr. Moon worked as an Advisor for Ares Management LLC on the acquisition of CoolSys, the U.S. market leader in commercial refrigeration and HVAC services. He joined the CoolSys Board of Directors post-acquisition.

Mr. Moon was President and Chief Operating Officer of Heatcraft Worldwide Refrigeration, a division of Lennox International, Inc., from 2006-2017. Heatcraft was the global OEM leader in commercial refrigeration equipment. Mr. Moon joined Lennox International, Inc. in 1998 holding various management positions in the United States, Singapore, and Australia.

Prior to that, Mr. Moon held various management positions at Allied Signal, Inc., Case Corporation, and Tenneco Oil Company in the United States, Hong Kong, Taiwan and Germany. Mr. Moon served on the Board of Directors of American Woodmark Corporation from 2015-2020.

Mr. Moon brings 25 years of commercial/industrial refrigeration and commercial HVAC leadership, having served the global leaders in food retail, food processing, cold storage, pharmaceuticals, and telecom. He received a Bachelor of Science in Civil Engineering and an MBA from Texas A&M University.

Joshua Ballard

Joshua Ballard

Chief Financial Officer

Joshua Ballard is the Chief Financial Officer at Energy Recovery, where he is responsible for the finance, accounting, information technology, human resources, and investor relations organizations for the Company. He brings more than 20 years of finance and operations experience, both domestically and internationally, working across a variety of industries within complex organizations to successfully navigate high growth.

Previously, Mr. Ballard held senior positions for nearly 15 years at private equity fund managers, including Orox Capital Management and SigmaBleyzer Investment Group, investing in the United States, Eastern Europe and the former Soviet Union. During this time he was responsible for directly leading as well as collaborating with portfolio company teams to develop and implement long-term strategic plans, and to improve finance, back office and manufacturing operations in private and public companies. As Executive Director at SigmaBleyzer, he was also responsible for fund operations and investor relations. Mr. Ballard also held multiple CFO roles with pre-IPO venture-backed companies as Managing Director of Lanterne Advisors, LLC.

Mr. Ballard is a Certified Financial Analyst and Chartered Management Accountant, holds a Global MBA in Finance from Arizona State University Thunderbird School of Global Business, and a BA in Russian Studies from the University of Iowa.

Farshad Ghasripoor

Farshad Ghasripoor

Chief Technology Officer

Farshad Ghasripoor is the Chief Technology Officer at Energy Recovery, where he has been responsible for the evolution and growth of the PX®. Pressure Exchanger® beyond seawater reverse osmosis into a platform for products that span several new applications and industries. He has built a world-class engineering organization that has become the driving force behind Energy Recovery’s product development efforts with a focus on future derivatives of the Pressure Exchanger technology. He has been instrumental for the rapid growth and diversification of the business into multiple segments. He has extensive knowledge in various facets of engineering including mechanics of materials, fluid dynamics and turbomachinery in general.

Previously, he served as Energy Recovery’s Managing Director of Engineering. Previous to joining Energy Recovery, he served a 12-year term at General Electric Company, starting at the General Electric Global Research Center, where he led the development of abradable seals for steam and gas turbines. Dr. Ghasripoor also developed a solid particle erosion protection system for steam path airfoils, which is currently implemented in GE steam turbines to substantially extend the life of turbine blades. Prior to joining General Electric, he spent 9.5 years at Sulzer’s R&D division in Switzerland as a Mechanical Engineer leading projects to improve performance of large marine engines, compressors & pumps. He is the named inventor on 67 US patent applications, of which 37 have been granted to date, and has authored articles for 20 peer-reviewed publications.

Dr. Ghasripoor earned his PhD and MS in Mechanical Engineering from Brunel University of West London in the United Kingdom.

William Yeung

William Yeung

Chief Legal Officer

William Yeung is Chief Legal Officer at Energy Recovery, bringing extensive knowledge and sound judgement to the legal, corporate governance and intellectual property functions. Previously, he served as the General Counsel and Secretary for SharesPost, Inc. and a senior legal executive for Thomas Weisel Partners Group Inc. and Socialutions, Inc.

Mr. Yeung’s 20 years of experience encompass securities laws, corporate governance and compliance, corporate strategy, SEC reporting and regulatory compliance, mergers and acquisitions, and general contracts. His clients have included Goldman Sachs, JP Morgan, Credit Suisse, Citigroup Global Markets, Lehman Brothers, UBS, Salomon Smith Barney, BNP Paribas, Del Monte, Sony Capital Corporation, McDonald’s Corporation, KBC Bank, The Interpublic Group of Companies, The Bank of New York, United Technologies Corporation, and Nortel Networks. He began practicing law at Cleary, Gottlieb, Steen & Hamilton LLP in New York and practiced at Morrison & Foerster LLP in San Francisco.

Mr. Yeung earned a JD from New York University School of Law and a BA in Asian Studies from Boston College.

Rodney Clemente

Rodney Clemente

Senior Vice President, Water

Rodney Clemente is the Senior Vice President of Water at Energy Recovery, where he leads the Company’s water business unit with responsibility for water sales, strategy and business development activities, as well as development and engineering for existing and new water solutions. A 20+ year veteran of Energy Recovery, Mr. Clemente brings deep experience in the water business and an intimate knowledge of global desalination markets, both of which have been integral to the Company’s global market leadership.

Mr. Clemente has extensive international experience with expertise spanning several verticals, including operations, business development, sales and marketing, and he continues to provide a high level of system design, technical consultation, and commercial support for customers worldwide. He is an active member of many of the leading industry organizations, such as the International Desalination Association and the American Membrane Technology Association.

Mr. Clemente earned an Executive MBA at the University of Virginia Darden School of Business and a BS in Industrial Engineering from California State University, East Bay.

Kuo-Chiang (K-C) Chen

Kuo-Chiang (K-C) Chen

Vice President, CO2

Kuo-Chiang (K-C) Chen is Vice President of CO2 at Energy Recovery, where he leads a multi-disciplinary team through the research and development, product delivery, and go-to-market strategy of our PX G1300® device for CO2 systems. Mr. Chen brings years of new product development expertise to Energy Recovery and has managed over 20 commercialized engineering projects from concept to production, working cross-functionally to align technology efforts with strategic business needs.

Mr. Chen holds more than 50 patents. Prior to joining Energy Recovery, Mr. Chen had extensive experience in the energy space, most recently as Vice President of Upwing Energy. He also served in a variety of leadership roles at Halliburton, CNPC, and Schlumberger. He holds a Ph.D. and M.S. in Mechanical Engineering from the Massachusetts Institute of Technology, a Bachelor’s in Mechanical Engineering from the National Taiwan University, and an MBA from Erasmus University in Rotterdam.

Nocair Bensalah

Nocair Bensalah

Vice President, Operations

Nocair Bensalah is the Vice President of Operations at Energy Recovery, where he is responsible for the development and execution of the Company’s operations strategy, including all processes involved in the procurement and provision of the Company’s products. He is a Six Sigma Black Belt, well versed in lean principles, and an expert at identifying and capitalizing on process improvement opportunities in any business environment.

Previously, Mr. Bensalah held senior positions with ABB Inc. and Aegion Corporation, where he gained global experience in the power equipment manufacturing, automotive parts production, infrastructure rehabilitation, and oil and gas industries. He brings 20 years of experience in a variety of technical and operational leadership roles, including quality assurance, application engineering, new product development, project management, mergers & acquisitions, and field service & manufacturing operations.

Mr. Bensalah earned an Executive MBA from Washington University in St. Louis Olin Business School, an MS in Engineering Management from Western Michigan University, and a BS in Mechanical Engineering from Temple University.

James Siccardi

James Siccardi

Vice President, Investor Relations

James Siccardi is Vice President of Investor Relations at Energy Recovery, where he is responsible for ensuring that management’s strategy is understood by the investment community. He serves as a liaison between Company management and Wall Street analysts, and between Company management and Main Street institutional investors. He is responsible for ensuring that Energy Recovery’s Executive management team and its Board of Directors understands, and adequately responds to, the needs of its external stakeholders.

Mr. Siccardi brings extensive equity investment experience, having spent over 20 years on the energy equity research teams of Morgan Stanley and Credit Suisse, in institutional equity sales at Societe Generale, as portfolio manager and Global Head of Energy for HSBC Asset Management, and in Investor Relations at Occidental Petroleum. Additionally, Mr. Siccardi launched and managed a Natural Resource Hedge Fund at PAW Capital Partner in Greenwich, CT.

Mr. Siccardi’s sell-side, buy-side and corporate background provides him a unique perspective to understand the various needs of the diverse group of Energy Recovery stakeholders with whom he regularly interacts. He takes great pride in initiating and building the relationships that have helped Energy Recovery surge to record levels, and positioning Energy Recovery’s Investor Relations Department to be recognized as Runner-up in Investor Relation Magazine’s Top Small Cap Investor Relations Department (2020).

Mr. Siccardi earned an MBA in Finance, with a focus in Investments, from the University of Notre Dame’s Mendoza College of Business, and a BA in Finance, with a minor in Accounting, from Villanova University.

Kelley Vendeland

Kelley Vendeland

Vice President, Marketing and Sustainability

Kelley Vendeland is the Vice President of Marketing and Sustainability at Energy Recovery, where she oversees the company’s sustainability program, corporate communications, branding, market intelligence, and product marketing, and drives strategy to maintain a position of leadership in our core markets and expand to new ones.

After leading the successful launch of Energy Recovery’s sustainability program, Kelley continues to oversee the program’s development across all departments and geographies. Under her leadership, the program has been awarded an MSCI ESG Rating of “AAA,” and won IR Magazine’s award for “Best ESG Communications” and “Best ESG Reporting among small to mid-cap companies.”

Kelley joined Energy Recovery from Recurrent Energy, one of the largest solar project developers in the United States, where she oversaw marketing, community and stakeholder engagement, public affairs, media relations and communications strategy. Prior to Recurrent Energy, Kelley kicked off her career with NBC’s special projects team in San Jose, California and communications agencies in New York and San Francisco, with a focus on technology policy and communications.

Kelley previously served on for the board for the International Desalination Association’s Young Leaders Program and the Young Professionals in Energy leadership committee. She holds a bachelor’s degree from Tufts University.

Board of Directors

Pamela Tondreau

Pamela Tondreau

Chairperson of the Board

Pamela L. Tondreau joined Energy Recovery’s Board of Directors in July 2019. Ms. Tondreau was unanimously elected Chairperson of the Board in October 2023.

Ms. Tondreau has over three decades of experience in the technology industry and private practice as a litigation and corporate attorney. In addition to her extensive experience navigating intellectual property, contract negotiation, domestic and international mergers and acquisitions, enterprise risk management, and corporate governance matters, she brings a proven history of cultivating excellence in company culture, ensuring diversity and inclusion, and establishing programs to grow and retain corporate talent.

Ms. Tondreau joined ON Semiconductor Corporation, also known as onsemi, as Executive Vice President and Chief Legal Officer in Oct. 2021. Prior to that, from Apr.-July 2020, she served as a consultant to Infineon Technologies AG, which purchased Cypress Semiconductor Corporation. Prior to her consulting role, Ms. Tondreau served as Chief Legal Officer, Corporate Secretary and Executive Vice President of Human Resources at Cypress from 2014-2020.

Prior to joining Cypress, Ms. Tondreau spent 13 years at Hewlett-Packard Company in various roles, including Chief Intellectual Property Counsel and Deputy General Counsel to the CTO, HP Labs, HP Networking, IP Licensing, Strategic Initiatives, Global Alliances, counsel to the Technology Committee of the Board, and counsel for the networking business including leading the acquisition of 3Com and integrating the China entity into HP. In addition, she supported the Chief Marketing Officer, the Chief Information Officer, and the EVP of Personal Systems, as well as serving as Corporate Secretary to the Technology Committee of the Board of Directors. Ms. Tondreau began her career as an associate at Thelen, Marrin, Johnson & Bridges.

Ms. Tondreau holds a bachelor’s degree from UC Berkeley and a J.D. from McGeorge School of Law.

Alexander Buhler

Alexander Buhler

Director

Alexander J. Buehler most recently served as President and CEO of the Brock Group, a leading provider of soft-craft services to the petrochemical, oil and gas refining, power, pharmaceutical, and LNG industries. From 2017-2021, he served as Executive Vice President for Global Resources at Intertek, a global, publicly traded company headquartered in London and major provider of assurance, testing, inspection, and certification services.

Previously, he served at Energy Maintenance Services (“EMS”) from 2014-2017, first as Chief Financial Officer and then as President and Chief Executive Officer, during which time he steered the company through the market downturn in oil and gas, repositioned the business as a leading integrity maintenance company, and led the marketing and sale of the business to First Reserve, a leading private equity company in the oil and gas space.

He became a member of the Company’s Board of Directors in Feb. 2015. From 2004-2011, Mr. Buehler held executive-level positions at Insituform Technologies, Inc. (now Aegion Corporation), a global leader in water infrastructure technology and services for municipalities and industry, including oil and gas. While at Insituform, Mr. Buehler worked in the U.S and abroad, most recently as Vice President of Europe, leading all European operations from its regional headquarters in Paris.

With substantial experience across industrial end markets (water, energy) including products and services, and multiple C-level roles at publicly traded and private equity-backed companies, Mr. Buehler is a highly impactful business executive with years of experience in leadership, general management, strategy, financial oversight, and operational execution. He currently serves as a board member and Chair of the Audit Committee for LiqTech Systems (NYSEMKT:LIQT) and has previously served as a board member and Chair of the Audit Committee for Viscount Systems.

Mr. Buehler received a B.S. in Civil Engineering from the United States Military Academy at West Point and an M.B.A. in Finance from the Wharton School at the University of Pennsylvania.

Joan Chow

Joan Chow

Director

Joan Chow joined Energy Recovery’s Board of Directors in 2021. Ms. Chow has extensive leadership experience in retail and marketing, consumer insights, and human resources matters, and has served as senior leader at some the world’s most recognizable companies.

Ms. Chow is the former Executive Vice President and Chief Marketing Officer at ConAgra Foods, now known as Conagra Brands – one of North America’s leading packaged food companies. Prior to that, Ms. Chow spent extensive time with Sears Holdings Corporation in various marketing roles, including Senior Vice President and Chief Marketing Officer for the company. She has also held executive positions with Information Resources Inc., Johnson & Johnson Consumer Products, Inc. and the Greater Chicago Food Depository.

Ms. Chow is a director at High Liner Foods and Spectrum Brands, where she is on their Audit Committees. She has previously served as a Chair of the Compensation Committee and a member of the Governance Committee at Welbilt, Inc., and as a board member of The Manitowoc Company, RC2 Corporation, and Feeding America.

Ms. Chow holds an M.B.A. from the Wharton School of the University of Pennsylvania and a B.A. with Distinction from Cornell University.

Arve Hanstveit

Arve Hanstveit

Director

Arve Hanstveit has been a member of Energy Recovery’s Board of Directors and an investor in the company since Aug. 1995. Mr. Hanstveit’s early investment in the company, his experience as an investment advisor and securities analyst, his understanding of global financial markets, the global desalination market, and his extensive knowledge of Energy Recovery’s products make him a tremendous asset to the company’s board of directors.

From 2007 to 2010, Mr. Hanstveit also served as a member of the board at Kezzler AS, a privately held Norwegian company that delivers secure track-and-trace solutions to the pharmaceutical and consumer goods industry. His 20 years of experience as a professional investor and analyst includes serving as a partner, vice president and secretary of the board at A&G Sundel Collins, Inc., a Scandinavian investment bank. Mr. Hanstveit also sits on the board of the Norwegian American Chamber of Commerce and is a member of the New York Angels, an independent consortium of individual accredited angel investors that provides equity capital for early-stage companies in the New York City area.

Mr. Hanstveit holds a bachelor’s degree in Business and Accounting from the Norwegian School of Management as well as a master’s degree in Finance and Marketing from the University of Wisconsin, Madison.

Robert Mao

Robert Mao

Director

Robert Y. L. Mao joined Energy Recovery’s Board of Directors in September 2010. Mr. Mao has previously served as Energy Recovery President and Chief Executive Officer from November 2019 to October 2023, and Chairman of the Board from June 2019 through October 2023.

Mr. Mao brings to Energy Recovery extensive experience helping and directing equipment manufacturers to successfully expand into new product and geographic markets. His strong strategic and analytic skills can guide the diversification of Energy Recovery’s product line and its growth into new global markets.

Mr. Mao served as CEO of 3Com Corporation (Nasdaq: COMS) from 2008-2010 and was on the company’s Board of Directors from 2007-2010. Mr. Mao successfully completed the sale of 3Com to Hewlett-Packard Company in Apr. 2010 and later served as the Chairman of HP China from 2013-2016. Prior to 3Com Corporation, Mr. Mao held executive positions at Norte Networks, Alcatel, and the U.S. multinational ITT in Asia and the United States. He also held CEO positions at Asian private companies selling industrial products into global markets.

Mr. Mao currently serves on the Board of the privately-held Ubee Interactive Corporation, a supplier of broadband access equipment and devices to multimedia and telecom service providers worldwide. Mr. Mao also served as a Board Director of Hon Hai Precision Ind. Co. Ltd., from 2018-2019, Foxconn Industrial Internet Co. Ltd. (FII) from 2017-2018, Cypress Semiconductors Corporation from 2014-2015, and Yulon-Nissan-Nissan Motor Company from 2004-2018.

The companies whose Boards Mr. Mao has served on cover an extensive range of industries and global markets including telecommunication, networking and information equipment and devices, semiconductors, automotive vehicles, software service, and other industrial products. Mr. Mao had also served as board member of international and national industry and trade associations.

Mr. Mao is a graduate of Cornell University with a bachelor’s degree in Materials Science and a master’s degree in Metallurgical Engineering. He also holds a master’s degree in Management from the Massachusetts Institute of Technology.

David Moon

David Moon

President and Chief Executive Officer, Director

David W. Moon was appointed Energy Recovery’s President and Chief Executive Officer in January 2024, after previously being named Interim President and CEO in October 2023. Mr. Moon joined Energy Recovery’s Board of Directors in July 2023. Mr. Moon was previously President of Carrier Commercial Refrigeration (CCR), a division of Carrier Global Corporation, from 2020-2021. Based in Paris, CCR is a leading supplier of high-efficiency CO2 turnkey refrigeration systems and services to the food retail, processing, and storage segments and pharmaceutical segment in EMEA and Asia. Prior to that, Mr. Moon worked as an Advisor for Ares Management LLC on the acquisition of CoolSys, the U.S. market leader in commercial refrigeration and HVAC services. He joined the CoolSys Board of Directors post-acquisition.

Mr. Moon was President and Chief Operating Officer of Heatcraft Worldwide Refrigeration, a division of Lennox International, Inc., from 2006-2017. Heatcraft was the global OEM leader in commercial refrigeration equipment. Mr. Moon joined Lennox International, Inc. in 1998 holding various management positions in the United States, Singapore, and Australia.

Prior to that, Mr. Moon held various management positions at Allied Signal, Inc., Case Corporation, and Tenneco Oil Company in the United States, Hong Kong, Taiwan and Germany. Mr. Moon served on the Board of Directors of American Woodmark Corporation from 2015-2020.

Mr. Moon brings 25 years of commercial/industrial refrigeration and commercial HVAC leadership, having served the global leaders in food retail, food processing, cold storage, pharmaceuticals, and telecom. He received a Bachelor of Science in Civil Engineering and an MBA from Texas A&M University.

Colin Sabol

Colin Sabol

Director

Colin Sabol joined Energy Recovery’s Board of Directors in July 2023. Mr. Sabol is an accomplished business leader, strategist and dealmaker with over 20 years of experience in the global water and energy markets. From 2017-2022, Mr. Sabol was President of Measurement & Control Solutions at Xylem, a global water technology provider. From 2013-2017, he led a wide range of global business at Xylem including Analytical Instrumentation, Water Treatment, and the Dewatering pump rental businesses.

In 2006, Mr. Sabol joined ITT as VP Growth for the Fluid & Motion Control segment, where he led the transformation of a mechanical equipment portfolio into a technology and services leader and was instrumental in effecting the spin-off of Xylem from ITT in 2011.

Mr. Sabol first entered the water industry at General Electric, where he served as Chief Growth Officer of GE Water from 2003-2006.

He served on the board of Faradyne Motors, a JV between Xylem and Pentair from 2009-2017, and was Board Chair of Xylem Watermark, Xylem’s corporate social responsibility program from 2009-2017.

Colin holds a B.S. in Materials Engineering from Alfred University.