The estimated Net Worth of Farshad Ghasripoor is at least $3.98 Milion dollars as of 29 July 2024. Mr. Ghasripoor owns over 4,079 units of Recovery Inc stock worth over $2,129,674 and over the last 7 years he sold ERII stock worth over $1,129,674. In addition, he makes $719,908 as Chief Technology Officer at Recovery Inc.
Farshad has made over 13 trades of the Recovery Inc stock since 2020, according to the Form 4 filled with the SEC. Most recently he sold 4,079 units of ERII stock worth $59,676 on 29 July 2024.
The largest trade he's ever made was exercising 51,131 units of Recovery Inc stock on 29 August 2023 worth over $387,062. On average, Farshad trades about 8,973 units every 67 days since 2018. As of 29 July 2024 he still owns at least 137,487 units of Recovery Inc stock.
You can see the complete history of Mr. Ghasripoor stock trades at the bottom of the page.
Farshad Ghasripoor serves as Chief Technology Officer of the Company. Mr. Ghasripoor has been instrumental for the rapid growth and diversification of the business into multiple segments. He has built a world class engineering organization that has become the driving force behind Energy Recovery’s product development efforts. The focus of the engineering team is on further expanding the Pressure Exchanger Technology into other applications and industrial sectors as well as expanding the portfolio of pumps and other energy recovery devices. Prior to joining Energy Recovery, he served a 12-year term at GE, starting at the General Electric Global Research Center, where he led the development of abradable seals for steam and gas turbines. Today, the seals he developed are installed in more than 250 GE gas turbines and all of GE’s reaction steam turbines. He also developed a solid particle erosion protection system for steam path airfoils, which is currently implemented in GE steam turbines to substantially extend the life of turbine airfoils. His first position was at Sulzer’s Research and Development division in Switzerland, where he improved the performance of large marine diesel engines, industrial pumps and compressors, and led the development of a new generation of abradable seals for gas turbines. He is a named inventor on 64 US patent applications, of which 32 have been granted to date, and has authored articles for 20 peer-reviewed publications. He received his PhD from Brunel University of West London in the UK.
As the Chief Technology Officer of Recovery Inc, the total compensation of Farshad Ghasripoor at Recovery Inc is $719,908. There are 3 executives at Recovery Inc getting paid more, with Yu-Lang Mao having the highest compensation of $868,407.
Farshad Ghasripoor is 60, he's been the Chief Technology Officer of Recovery Inc since 2012. There are 6 older and 9 younger executives at Recovery Inc. The oldest executive at Energy Recovery Inc is Yu-Lang Mao, 77, who is the Pres, CEO & Chairman.
Farshad's mailing address filed with the SEC is C/O ENERGY RECOVERY, INC., 1717 DOOLITTLE DRIVE, SAN LEANDRO, CA, 94577.
Over the last 16 years, insiders at Recovery Inc have traded over $145,958,928 worth of Recovery Inc stock and bought 3,151,581 units worth $15,056,868 . The most active insiders traders include As Arvarius, Ole Peter Lorentzen a Alexander J Buehler. On average, Recovery Inc executives and independent directors trade stock every 23 days with the average trade being worth of $1,247,596. The most recent stock trade was executed by Alexander J Buehler on 19 August 2024, trading 19,841 units of ERII stock currently worth $57,936.
energy recovery (nasdaq:erii) recycles and converts wasted pressure energy into a usable asset and preserves pumps that are subject to hostile processing environments. with award winning technology, energy recovery simplifies complex industrial systems while improving productivity, profitability, and efficiency within the oil & gas, chemical processing, and water industries. energy recovery products save clients more than $1.5 billion (usd) annually. headquartered in the bay area, energy recovery has offices in ireland, shanghai, and dubai. for more information about the company, please visit our website at www.energyrecovery.com.
Recovery Inc executives and other stock owners filed with the SEC include: