Energy Recovery (ERII) details compensation package for Interim CEO Alex Buehler
Rhea-AI Filing Summary
Energy Recovery, Inc. filed an amended report to disclose compensation terms for Interim President and Chief Executive Officer Alex Buehler. His employment letter provides an annual base salary of $645,000 and eligibility for a success bonus, payable 30 days after the next permanent CEO’s start date if earned.
Mr. Buehler is also eligible for the company’s standard benefits. The amendment adds these compensation details to the previously filed report announcing his interim appointment, and the employment letter is filed as an exhibit and incorporated by reference.
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Interim CEO base salary: $645,000 per year
1 metrics
Interim CEO base salary
$645,000 per year
Annual salary for Interim President and Chief Executive Officer Alex Buehler under employment letter
Key Terms
Interim President and Chief Executive Officer, success bonus, Offer of Employment, Inline XBRL
4 terms
Interim President and Chief Executive Officer financial
"the appointment of Mr. Alex Buehler as the Company’s Interim President and Chief Executive Officer"
success bonus financial
"eligible for a success bonus to be paid, if at all, 30 days after the start date"
Offer of Employment financial
"set forth in that certain Offer of Employment dated June 5, 2026, by and between the Company and Mr. Buehler"
Inline XBRL technical
"Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What executive change does Energy Recovery (ERII) describe in this 8-K/A?
Energy Recovery’s 8-K/A updates details for Alex Buehler, who serves as Interim President and Chief Executive Officer. The amendment does not change his role, but adds information about his compensation package through an employment letter filed as an exhibit.
What is Alex Buehler’s base salary as Interim CEO of Energy Recovery (ERII)?
Alex Buehler’s base salary as Interim President and Chief Executive Officer is $645,000 per year. This amount is specified in his Offer of Employment, which is attached as an exhibit and incorporated by reference into the compensation disclosure.
Does Energy Recovery (ERII) offer a bonus to Interim CEO Alex Buehler?
Yes. Alex Buehler is eligible for a success bonus that may be paid 30 days after the next permanent CEO’s start date. The amendment describes eligibility but does not detail the bonus amount within this summarized disclosure.
What other benefits will Interim CEO Alex Buehler receive at Energy Recovery (ERII)?
In addition to base salary and potential success bonus, Alex Buehler is eligible to receive Energy Recovery’s standard company benefits. These are not itemized in the summary but are provided under the same benefit programs available to similarly situated executives.
What document governs Alex Buehler’s compensation at Energy Recovery (ERII)?
Alex Buehler’s compensation is governed by an Offer of Employment between him and Energy Recovery. This employment letter is filed as Exhibit 10.1, and the amendment states that its terms are incorporated by reference into the compensation disclosure.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
Current Report
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 5, 2026
(Exact Name of Registrant as Specified in its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of Principal Executive Offices) (Zip Code)
(510 ) 483-7370
(Registrant’s telephone number, including area code)
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Interim President and Chief Executive Officer
On May 28, 2026, Energy Recovery, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Original Report”) to announce the appointment of Mr. Alex Buehler as the Company’s Interim President and Chief Executive Officer. At the time of the filing of the Original Report, Mr. Buehler’s compensation as Interim President and Chief Executive Officer had not yet been determined by the Company’s Compensation Committee. Pursuant to Item 5.02(e) of Current Report on Form 8-K, the Company is filing this Amendment No. 1 to the Original Report (the “Amendment”) solely for the purpose of disclosing a brief description of Mr. Buehler’s compensation arrangements as Interim President and Chief Executive Officer. The information contained in the Amendment should be read in conjunction with the information contained in the Original Report.
Mr. Buehler’s compensation as Interim President and Chief Executive Officer are set forth in that certain Offer of Employment dated June 5, 2026, by and between the Company and Mr. Buehler (the “Employment Letter”). Pursuant to the terms of the Employment Letter, Mr. Buehler will receive an annual salary of $645,000. In addition, Mr. Buehler will be eligible for a success bonus to be paid, if at all, 30 days after the start date of the next permanent President and Chief Executive Officer. Mr. Buehler will also be eligible to receive standard Company benefits.
The foregoing description of the Employment Letter does not purport to be complete and is qualified in its entirety by reference to the Employment Letter, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference into this Item 5.02.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description | |||||||
10.1 | Offer of Employment with Energy Recovery, Inc as Interim President and Chief Executive Officer | |||||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | |||||||
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Energy Recovery, Inc. | ||||||||||||||
| Date: | June 11, 2026 | By: | /s/ William Yeung | |||||||||||
| William Yeung | ||||||||||||||
| Chief Legal Officer | ||||||||||||||