Chris Gannon Appointed Interim President and CEO of Energy Recovery

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Energy Recovery (ERII) Defended at B.Riley/FBR

February 27, 2018 12:02 PM EST

B.Riley/FBR analyst Thomas Curran is out defending Energy Recovery (NASDAQ: ERII) amid weakness following the CEO change.

Curran said they caught up with management who (1) emphasized that Gay resigned "entirely for personal reasons", and (2) intimated that those reasons have nothing to do with ERII's fundamentals and that the... More