374Water Appoints Stephen Jones to Board of Directors
374Water Inc. (NASDAQ: SCWO) has appointed Stephen J. Jones to its Board of Directors, expanding the board to seven members with four independent directors. This appointment satisfies Nasdaq's independent director requirement under Rule 5605(b)(1).
Jones, former President and CEO of Covanta Holding , brings extensive experience in environmental services and industrial sectors. His background includes senior management positions at Air Products and Chemicals, Inc., including serving as China president. He currently serves as a director at Tronox Holdings plc, Badger Infrastructure Solutions , and as Special Advisor to Kanadevia Inova AG.
The appointment aims to leverage Jones' industry expertise and relationships to accelerate 374Water's commercial rollout of AirSCWO Technology for waste destruction in municipal, federal, and industrial markets.
374Water Inc. (NASDAQ: SCWO) ha nominato Stephen J. Jones nel suo Consiglio di Amministrazione, portando il numero dei membri a sette, di cui quattro direttori indipendenti. Questa nomina soddisfa il requisito di Nasdaq relativo ai direttori indipendenti secondo la Regola 5605(b)(1).
Jones, ex Presidente e CEO di Covanta Holding, apporta una vasta esperienza nei settori dei servizi ambientali e industriali. Il suo percorso professionale include ruoli dirigenziali in Air Products and Chemicals, Inc., dove ha ricoperto anche la carica di presidente per la Cina. Attualmente è direttore presso Tronox Holdings plc, Badger Infrastructure Solutions e Consigliere Speciale di Kanadevia Inova AG.
La nomina mira a sfruttare l’esperienza e le relazioni di Jones nel settore per accelerare il lancio commerciale della tecnologia AirSCWO di 374Water per la distruzione dei rifiuti nei mercati municipali, federali e industriali.
374Water Inc. (NASDAQ: SCWO) ha nombrado a Stephen J. Jones en su Junta Directiva, ampliándola a siete miembros con cuatro directores independientes. Este nombramiento cumple con el requisito de Nasdaq para directores independientes según la Regla 5605(b)(1).
Jones, ex Presidente y CEO de Covanta Holding, aporta una amplia experiencia en los sectores de servicios ambientales e industriales. Su trayectoria incluye cargos ejecutivos en Air Products and Chemicals, Inc., donde fue presidente para China. Actualmente es director en Tronox Holdings plc, Badger Infrastructure Solutions y Asesor Especial de Kanadevia Inova AG.
El nombramiento busca aprovechar la experiencia y relaciones de Jones en la industria para acelerar el despliegue comercial de la tecnología AirSCWO de 374Water para la destrucción de residuos en los mercados municipales, federales e industriales.
374Water Inc. (NASDAQ: SCWO)는 이사회 멤버로 Stephen J. Jones를 임명하여 이사회를 7명으로 확대했으며, 그 중 4명이 독립 이사입니다. 이번 임명은 Nasdaq의 독립 이사 요건인 규칙 5605(b)(1)를 충족합니다.
전 Covanta Holding 사장 겸 CEO인 Jones는 환경 서비스 및 산업 분야에서 풍부한 경험을 보유하고 있습니다. 그는 Air Products and Chemicals, Inc.에서 중국 지사장 등 고위 경영진을 역임했으며, 현재 Tronox Holdings plc, Badger Infrastructure Solutions의 이사이자 Kanadevia Inova AG의 특별 고문으로 활동 중입니다.
이번 임명은 Jones의 업계 전문성과 네트워크를 활용하여 374Water의 AirSCWO 기술을 지방 자치, 연방 및 산업 시장에서 폐기물 처리 상용화 속도를 높이기 위한 것입니다.
374Water Inc. (NASDAQ : SCWO) a nommé Stephen J. Jones à son conseil d'administration, portant celui-ci à sept membres dont quatre administrateurs indépendants. Cette nomination répond à l'exigence de Nasdaq concernant les administrateurs indépendants selon la règle 5605(b)(1).
Jones, ancien président et PDG de Covanta Holding, apporte une vaste expérience dans les secteurs des services environnementaux et industriels. Il a occupé des postes de direction chez Air Products and Chemicals, Inc., notamment en tant que président pour la Chine. Il est actuellement administrateur chez Tronox Holdings plc, Badger Infrastructure Solutions et conseiller spécial auprès de Kanadevia Inova AG.
Cette nomination vise à tirer parti de l’expertise et des relations de Jones dans le secteur pour accélérer le déploiement commercial de la technologie AirSCWO de 374Water pour la destruction des déchets sur les marchés municipaux, fédéraux et industriels.
374Water Inc. (NASDAQ: SCWO) hat Stephen J. Jones in den Vorstand berufen, wodurch das Gremium auf sieben Mitglieder mit vier unabhängigen Direktoren erweitert wird. Diese Ernennung erfüllt die Nasdaq-Anforderung für unabhängige Direktoren gemäß Regel 5605(b)(1).
Jones, ehemaliger Präsident und CEO von Covanta Holding, bringt umfangreiche Erfahrung im Bereich Umweltservices und Industrie mit. Seine Laufbahn umfasst Führungspositionen bei Air Products and Chemicals, Inc., darunter die Funktion als Präsident für China. Derzeit ist er Direktor bei Tronox Holdings plc, Badger Infrastructure Solutions und Sonderberater bei Kanadevia Inova AG.
Die Ernennung soll Jones’ Branchenexpertise und Kontakte nutzen, um die kommerzielle Einführung der AirSCWO-Technologie von 374Water zur Abfallvernichtung in kommunalen, bundesstaatlichen und industriellen Märkten zu beschleunigen.
- Appointment satisfies Nasdaq listing compliance requirements
- Addition of experienced executive with relevant industry expertise
- Strategic relationships that could accelerate commercial growth
- Enhanced board oversight for operational execution and growth strategy
- None.
Former CEO of Covanta Holding Corporation & Veteran Industrial Executive to Advance Commercial Rollout of 374Water’s AirSCWO Technology to Municipal, Federal, and Industrial Waste Destruction Markets
DURHAM, N.C., April 17, 2025 (GLOBE NEWSWIRE) -- 374Water Inc. (NASDAQ: SCWO) ("374Water") (the "Company"), a global leader in waste destruction technology for the municipal, federal, and industrial markets, today announced the appointment of Stephen J. Jones to the company’s Board of Directors, effective immediately. Mr. Jones’ appointment as an independent director increases the total number of board members to seven, with four independent directors and now satisfies Nasdaq’s independent director requirement as set forth in Nasdaq Listing Rule 5605(b)(1) filed on Form 8-K on March 13, 2025.
Mr. Jones brings extensive experience in corporate leadership, board roles, and expertise in environmental services and industrial gases and chemicals. Jones was previously President, CEO and a director of Covanta Holding Corporation (formerly listed on the NYSE, now owned by private equity), a world leader in developing, building, owning, and operating Energy-from-Waste facilities and providing environmental and cleantech services. Prior to joining Covanta, Mr. Jones was employed by Air Products and Chemicals, Inc., a global supplier of industrial gases, chemicals, and equipment. He held a variety of senior-level management positions at Air Products including in the company’s tonnage gases, equipment, energy and industrial chemicals businesses, culminating with his role as Air Products’ China president based at the company’s office in Shanghai. Mr. Jones is a director of Tronox Holdings plc, a NYSE-listed company which is a global leader in the mining, production, and marketing of inorganic minerals and chemicals. Mr. Jones is a member of the board of directors of Badger Infrastructure Solutions Ltd., a TSE-listed Canadian infrastructure solutions company specializing in nondestructive excavation services. Mr. Jones also serves as a Special Advisor to the Supervisory Board of Kanadevia Inova AG, a global cleantech company. Prior to joining Air Products, he practiced corporate law at Dechert LLP in Philadelphia, PA, primarily in the area of mergers and acquisitions.
Mr. Jones holds a Bachelor of Science (Economics) degree from Bloomsburg University of Pennsylvania, a Master of Business Administration (Finance) from Temple University and a Juris Doctor from the University of Pennsylvania. In addition, Mr. Jones participated in the Institut European d’Administration des Affairs (INSEAD) Advanced Management Program in Fontainebleau, France. Mr. Jones is also Chairperson of the Bloomsburg University Foundation.
“Steve brings valuable business and strategy experience in the industrial and chemical markets industry with a strong track record of driving revenue and profitable growth, and we welcome him to the Board,” said Chris Gannon, President and CEO of 374Water. “He joins us at an opportune time with his firsthand knowledge of the waste and recycling industry and relevant end markets, and his experience as a corporate director guiding global strategy, operational excellence, cost reduction, risk management, and corporate governance. We look forward to his insights and contributions as the management team strives to create sustainable, long-term value for our shareholders.”
Rene Estes, Board Chair of 374Water stated, “Steve’s appointment adds critical and valuable components to the board with his decades of industry experience and, equally important, his key relationships that will open doors with new partners accelerating 374Water’s commercial trajectory. We look forward to Steve leveraging his successful career in the waste-to-energy industry as 374Water navigates the rollout of AirSCWO products and Waste Destruction services across the U.S. and globally.”
Mr. Jones added: “It is truly a privilege to join 374Water at such an exciting point in its journey to become a leader providing innovative solutions for organic waste destruction and treatment. The company’s near-term focus on its robust, actionable backlog and pipeline, and deployment of the AirSCWO System within municipal, federal and industrial markets, position it for success in the quarters and years to come. I am eager to work closely with Chris and the Board as they steward the company along its journey of operational execution.”
About 374Water
374Water Inc. (NASDAQ: SCWO) is a global industrial technology and services company providing innovative solutions addressing wastewater treatment and waste management issues within the municipal, federal and industrial markets. 374Water's AirSCWO technology is designed to efficiently destroy and mineralize a broad spectrum of organic non-hazardous and hazardous organic wastes producing safe dischargeable water streams, safe mineral effluent, safe vent gas, and recoverable heat energy. 374Water's AirSCWO technology has the potential to assist its customers to meet discharge requirements, reduce or eliminate disposal costs, remove bottlenecks, and reduce litigation and other risks. 374Water continues to be a leader in innovative waste treatment solutions, dedicated to creating a greener future and eradicating harmful pollutants. Learn more by visiting www.374water.com and follow us on LinkedIn.
Cautionary Language on Forward-Looking Statements
Certain statements in this communication are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to future events or our future financial performance, including statements relating to our ability to execute on our strategic plan, our ability to process a range of waste and contaminants at scale, our progress toward commercialization, the timing to complete our demonstration in Orlando, the timing to manufacture and deploy AirSCWO systems, demand for our products, including capital sales, leases, and waste destruction services, whether we will receive additional AFFF to destroy from North Carolina, whether we will be successful in converting our pipeline to revenue, and whether we will be able to scale our business to meet demand, and involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or our achievements or those of our industry to be materially different from those expressed or implied by any forward-looking statements. In some cases, forward-looking statements may be identified by the use of words like "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "project," "consider," "predict," "potential," "feel," or other comparable terminology. The Company has based these forward-looking statements on its current expectations, assumptions, estimates, beliefs, and projections. While the Company believes these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which involve factors or circumstances that are beyond the Company's control. These and other important factors, including those discussed under "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024, as well as the Company's subsequent filings with the SEC, may cause actual results, performance, or achievements to differ materially from those expressed or implied by these forward-looking statements. The forward-looking statements herein are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Relations and Media Contact
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
SCWO@mzgroup.us
www.mzgroup.us
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