Energy Recovery Inc’s board of directors has appointed Chris Gannon as the company’s new president and CEO.

Gannon, who also joins Energy Recovery’s board of directors, has served as interim president and CEO of the company since February 2018 following Joel Gay’s resignation, and as chief financial officer since June 2015.

“The board and I believe this is a perfect time for Chris to become our new chief executive officer. Chris has been instrumental in the development and execution of Energy Recovery’s long-term strategy, and under his leadership, we are confident that the company will be able to realize the many goals we’ve set for ourselves,” said Hans Peter Michelet, chairman of the Energy Recovery board. “We conducted an extensive search throughout multiple industries, including oil & gas, and concluded that Chris is the best executive to lead our company forward. Throughout his tenure and especially during this transition, Chris has demonstrated the leadership attributes and broad business acumen that the board of directors believe are central to the company’s growth and continued success.”

Gannon said: “I truly believe the opportunities that lie ahead for Energy Recovery are tremendous, and I am thrilled and humbled to lead the company and the talented men and women at Energy Recovery as we execute against our key strategic initiatives. I am focused on continuing the company’s culture of innovation and execution.”