Business
Energy Recovery Announces Appointments of CO2 Refrigeration Leader and Chief Human Resources Officer
SAN LEANDRO, Calif.--(BUSINESS WIRE)-- Energy Recovery, Inc. (Nasdaq: ERII) today announced key hires in support of the company’s growth strategy with the
About this update from Energy Recovery, Inc.
[{"type":"text","content":" SAN LEANDRO, Calif.--(BUSINESS WIRE)--\nEnergy Recovery, Inc. (Nasdaq: ERII) today announced key hires in support of the company’s growth strategy with the appointment of Ricardo Freitas as Vice President and General Manager of the company’s CO2 refrigeration business and Matt Hostetler as Chief Human Resources Officer (CHRO).\n\n\n“Energy Recovery is entering a new phase, and optimizing our product, processes, and talent is critical to fueling our future growth plans,” said David Moon, Energy Recovery President and CEO. “Ricardo and Matt are proven global leaders with unique experience and skills that will help us capture the opportunities before us. Both will play an integral role in executing our strategy and accelerating our growth into new markets.”\n\n\nMr. Freitas, Vice President and General Manager, CO2, will lead Energy Recovery’s expansion into commercial and industrial refrigeration markets and other related industry verticals. He will join the company on June 3 and will be based in Europe. Mr. Freitas possesses deep commercial and industrial experience in the heating and cooling industry, honed over a three-decade executive, operations, and sales career. He most recently led Lennox International’s EMEA business for seven years as Vice President and General Manager. He was previously General Manager of Lennox’s South American refrigeration business and served in various leadership roles with Carrier Corporation. Mr. Freitas holds bachelor’s and master’s degrees in engineering as well as an MBA from Fundação Getulio Vargas.\n\n\n“The global CO2 refrigeration business is poised for tremendous growth, and Energy Recovery is uniquely positioned to capitalize on the opportunity,” Mr. Freitas said. “The company’s proven pressure exchanger technology and early successes in CO2 refrigeration present a compelling solution for an established marketplace that needs more innovation to meet evolving regulatory, commercial, and stakeholder expectations. I am honored to join this talented team and look forward to helping Energy Recovery realize its full potential.”\n\n\nMr. Hostetler, the company’s first CHRO, brings more than 20 years’ experience implementing talent strategies that drive business performance, including organizational design, leadership optimization, and retention-focused workforce culture programs. Mr. Hostetler w...