Friday, November 22, 2024

Energy Recovery Names David Moon President and CEO

Energy Recovery, Inc., a recognized global leader in energy efficiency technology, announced the appointment of David Moon as President and CEO. David Moon has served as Interim President since October 2023 and will continue to serve on the Board of Directors.

“David Moon is the right leader to continue our long-term growth,” said Pamela Tondreau, Board Chair. “The board conducted a comprehensive search and unanimously agreed that David Moon has the experience and skills the company needs to focus on commercializing new applications on our PX technology platform. We were particularly impressed by his extensive leadership experience in commercial and industrial technologies, including CO 2 refrigeration and its advancements.”

David Moon stated: “I would like to thank the Board for their vote of confidence and Robert Mao and the entire Energy Recovery team for building a strong business that is well positioned for continued growth. I have great confidence in this company’s unique ability to develop reliable and trustworthy technology.”

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He added: “I am honored to lead our world-class team to capitalize on our growth opportunities in refrigeration and wastewater treatment. I look forward to engaging with stakeholders in the coming months to expand our position as a leading technology innovator, creating value for customers and financial results for shareholders.”

David Moon has more than 25 years of leadership experience in commercial and industrial technology development, manufacturing and marketing and joined Energy Recovery’s Board in July 2023. Previously, he served as President of Carrier Commercial Refrigeration (CCR), a division of Carrier Global Corporation. CCR is a leading supplier of high-performance turnkey CO 2 refrigeration systems and services to the food retail, processing, storage and pharmaceutical segments in EMEA and Asia. As President of CCR, David Moon developed a long-term strategy for the $2 billion business, rebuilt its leadership team and drove cultural improvements, achieving double-digit earnings growth despite the market impact of COVID-19. Prior to joining CCR, he served as Advisor for Ares Management LLC for the CoolSys acquisition and as Director for the CoolSys post-acquisition.

David Moon’s professional career includes serving as President and Chief Operating Officer of Heatcraft Worldwide Refrigeration, a division of Lennox International, Inc., where he held a key role from 2006 to 2017. During this time, Heatcraft was the global OEM leader in commercial refrigeration equipment. David Moon joined Lennox International, Inc. in 1998 where he held various leadership positions in the United States, Singapore and Australia. He has also held various leadership positions in prestigious organizations such as Allied Signal, Inc., Case Corporation and Tenneco Oil Company in the United States, Hong Kong, Taiwan and Germany.

SOURCE : BusinessWire

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