374Water Inc. 8-K
Research Summary
AI-generated summary
374Water Inc. Appoints President & CEO Danny Bogar
What Happened
- 374Water Inc. announced in an 8-K that it appointed Danny Bogar as President and Chief Executive Officer, effective February 23, 2026. Mr. Bogar, age 66, has been in a business development role at 374Water since 2021 and previously served as President & COO of PowerVerde Inc. prior to its merger with 374Water. In connection with his appointment, the company agreed to a base salary and signing bonus.
Key Details
- Appointment effective date: February 23, 2026.
- Compensation: $225,000 base salary per year plus a $50,000 signing bonus.
- Interim CEO Stephen Jones resigned as Interim President & CEO effective February 23, 2026.
- Background: Bogar served as President & COO of PowerVerde (through its merger with 374Water), led several other companies, and was an adjunct professor at Texas State University (Jan 2019–Jan 2025). No related-party transactions or family relationships requiring disclosure were reported.
Why It Matters
- A named, permanent CEO can affect leadership stability and execution of 374Water’s strategy after an interim period. Mr. Bogar’s prior roles with PowerVerde and his internal experience since 2021 suggest continuity with recent company developments (including the PowerVerde merger). The disclosed compensation gives investors a clear, concrete view of the cost of the leadership change.