Cadiz’s ATEC Water Systems Hires Chief Commercial Officer

Fortune 500 industry veteran Steve Green to drive business development aimed at growth

LOS ANGELES, CALIFORNIA (09.27.24) – Cadiz, Inc. (NASDAQ: CDZI / CDZIP) (“Cadiz” or the “Company”), a California water solutions company, today announced the Company’s operating subsidiary ATEC Water Systems, LLC (“ATEC”) expanded its leadership team, hiring Steve Green as its Chief Commercial Officer. Green brings decades of water industry experience including business development leadership for Fortune 500 water tech companies in North America.

“With his extensive water industry experience, Steve is a valuable addition to the ATEC team,” said Susan Kennedy, Cadiz CEO and Board Chair. “Groundwater contamination is a massive growing threat and Steve’s proven leadership in business development will drive Cadiz’ water treatment segment to new levels of growth.

Mr. Green is an accomplished sales, marketing and business development leader with extensive experience in both the public and corporate sectors with a track record of achieving growth targets and expanding sales and market share. Green built his expertise and 25-year career at several global leaders in manufacturing and engineering consulting specializing in commercializing water treatment technologies. He has worked with a range of public entities and private/public partnerships and assembled design-build-finance-operate teams to deliver comprehensive solutions to both water utilities and industries in 7 countries.

Prior to joining ATEC, Green served in several Business Development management roles at industry leading engineering and water technology firms including Stanley Consulting, where he served as Practice Leader for Digital Water Technology Service, and Xylem Inc., a Fortune 500 global water technology provider, where Green was Business Development Leader for water utilities in the Americas region. Green also has held business development leadership positions at NW Natural Water, a private utility that provides water and wastewater services in the Pacific Northwest, Texas and Arizona, and WaterTectonics, a full-service water treatment solutions firm focused on utility and industrial applications.

“ATEC offers innovative options for communities striving to access clean water,” said Steve Green, ATEC’s Chief Commercial Officer. “ATEC’s treatment system has successfully removed contaminants such as iron and manganese from groundwater for over 30 years, and we are also pioneering solutions for new contaminants of concern including arsenic, PFAS and chromium-6 that are impacting water quality for so many communities.  I look forward to bringing all of ATEC’s innovative solutions to new markets and growing ATEC’s market presence across the country.”

The ATEC treatment system uses filter media to remove common groundwater contaminants by adsorption. The filters and systems are fully scalable and can be manufactured to different sizes and specifications depending on the volume of groundwater treated, from small rural systems to systems treating up to 60 mgd per day. ATEC has manufactured and delivered more than four hundred treatment systems over the last three decades in communities in 10 US states and Canada.

 

About ATEC

ATEC Water Systems, LLC is a wholly owned subsidiary of Cadiz, Inc. (NASDAQ: CDZI) and a leading producer of specialized water treatment solutions for contaminated groundwater sources. ATEC’s treatment solutions are affordable, highly scalable, and easy to maintain, making them practical for a variety of applications from small, underserved communities to large municipalities. ATEC’s filters have been installed at over 450 locations, including community, municipal, agricultural, and industrial sites and used to successfully reduce and remove iron, manganese, arsenic, chromium-6 and other contaminants of concern, solving some of the toughest groundwater treatment challenges. To learn more, visit www.atecwater.com.

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