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Posted 05 January, 2024

CADIZ INC appointed Susan Kennedy as new CEO

Nasdaq:CDZI appointed new Chief Executive Officer Susan Kennedy in a 8-K filed on 05 January, 2024.


  As part of the management transition plan, the Board appointed Susan Kennedy as Chief Executive Officer of the Company effective as of January 1, 2024.  

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Overview of CADIZ INC
Agriculture • Farming
Cadiz, Inc. is a land and water resource development company, which engages in the acquisition and development of land with water resources for various uses such as groundwater supply, groundwater storage, and agriculture. The firm’s project includes the Cadiz Valley Water Conservation, Recovery and Storage. The company was founded by Keith Brackpool in 1983 and is headquartered in Los Angeles, CA.
Market Cap
$193M
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CADIZ INC by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 

 

 In connection with the management transition plan of Cadiz Inc. (the "Company") previously approved by the Company's Board of Directors (the "Board") and reported in the Company's Current Report on Form 8-K filed on December 8, 2023 (the "Prior Current Report"), Scott Slater submitted his resignation on December 31, 2023, as Chief Executive Officer, President and a director of the Company effective as of such date. Mr. Slater's resignation was not because of a disagreement with the Company on any matter relating to its operations, policies or practices. Mr. Slater will continue to serve as a senior advisor to the Company.

 

 As part of the management transition plan, the Board appointed Susan Kennedy as Chief Executive Officer of the Company effective as of January 1, 2024. The information required by Items 401(b), (d), (e) and Item 404(a) of Regulation S-K with regard to Ms. Kennedy is contained in the Prior Current Report and is incorporated herein by reference. 

 

 There is currently no plan, contract or arrangement or any grant or award made in connection with Ms. Kennedy's appointment as Chief Executive Officer, and any such plan, contract or arrangement, or grant or award, will be reported when determined. Ms. Kennedy's previously reported compensatory arrangements, grants and awards remain in effect without modification.