374Water Announces the Appointment of Russell Kline as Chief Financial Officer
374Water Inc. (NASDAQ:SCWO) has appointed Russell Kline as Chief Financial Officer, effective December 16, 2024. Kline will lead the company's Finance, Investor Relations, and Capital Markets operations as it commercializes its AirSCWO system and launches its Waste Destruction-as-a-Service business.
Kline brings over 20 years of strategic, financial, and operational experience. He previously served as Senior Vice President of Finance at Ole Distribution and held senior positions at Sony Pictures Latin America. His expertise includes managing channel operations, business development initiatives, and joint venture partnerships.
The appointment aims to support 374Water's expansion plans and scale its organic waste destruction technology across municipal, federal, and industrial markets.
374Water Inc. (NASDAQ:SCWO) ha nominato Russell Kline come Chief Financial Officer, con effetto dal 16 dicembre 2024. Kline guiderà le operazioni di Finanza, Relazioni con gli Investitori e Mercati dei Capitali dell'azienda mentre commercializza il sistema AirSCWO e lancia il suo servizio di Distruzione dei Rifiuti come Servizio.
Kline vanta oltre 20 anni di esperienza strategica, finanziaria e operativa. In precedenza, ha ricoperto il ruolo di Senior Vice President of Finance presso Ole Distribution e ha ricoperto posizioni dirigenziali presso Sony Pictures Latin America. La sua esperienza include la gestione delle operazioni di canale, iniziative di sviluppo commerciale e partnership in joint venture.
La nomina mira a supportare i piani di espansione di 374Water e a scalare la sua tecnologia di distruzione dei rifiuti organici nei mercati municipali, federali e industriali.
374Water Inc. (NASDAQ:SCWO) ha nombrado a Russell Kline como Director Financiero, con efecto a partir del 16 de diciembre de 2024. Kline dirigirá las operaciones de Finanzas, Relaciones con Inversores y Mercados de Capital de la empresa mientras comercializa su sistema AirSCWO y lanza su negocio de Destrucción de Residuos como Servicio.
Kline aporta más de 20 años de experiencia estratégica, financiera y operativa. Anteriormente, se desempeñó como Vicepresidente Senior de Finanzas en Ole Distribution y ocupó puestos de alto nivel en Sony Pictures América Latina. Su experiencia incluye la gestión de operaciones de canal, iniciativas de desarrollo comercial y asociaciones de empresas conjuntas.
La contratación tiene como objetivo apoyar los planes de expansión de 374Water y escalar su tecnología de destrucción de residuos orgánicos en los mercados municipales, federales e industriales.
374Water Inc. (NASDAQ:SCWO)는 Russell Kline을 최고재무책임자(CFO)로 임명하며, 2024년 12월 16일부터 발효됩니다. Kline은 회사의 금융, 투자자 관계 및 자본 시장 운영을 이끌며 AirSCWO 시스템을 상용화하고 폐기물 파괴 서비스 비즈니스를 시작할 예정입니다.
Kline은 20년 이상의 전략적, 재무 및 운영 경험을 보유하고 있습니다. 이전에는 Ole Distribution의 재무 부사장으로 재직하였으며 Sony Pictures Latin America에서 고위직을 역임하였습니다. 그의 전문 분야에는 채널 운영 관리, 비즈니스 개발 이니셔티브 및 합작 투자 파트너십이 포함됩니다.
이번 임명은 374Water의 확장 계획을 지원하고 도시, 연방 및 산업 시장 전반에 걸쳐 유기 폐기물 파괴 기술을 확대하는 것을 목표로 합니다.
374Water Inc. (NASDAQ:SCWO) a nommé Russell Kline au poste de directeur financier, à compter du 16 décembre 2024. Kline dirigera les opérations de finance, de relations avec les investisseurs et de marchés de capitaux de l'entreprise alors qu'elle commercialise son système AirSCWO et lance son activité de destruction de déchets en tant que service.
Kline apporte plus de 20 ans d'expérience stratégique, financière et opérationnelle. Il a précédemment été vice-président senior des finances chez Ole Distribution et a occupé des postes de direction chez Sony Pictures Amérique Latine. Son expertise comprend la gestion des opérations de canaux, des initiatives de développement commercial et des partenariats de coentreprise.
La nomination vise à soutenir les plans d'expansion de 374Water et à étendre sa technologie de destruction des déchets organiques sur les marchés municipaux, fédéraux et industriels.
374Water Inc. (NASDAQ:SCWO) hat Russell Kline zum Chief Financial Officer ernannt, wirksam ab dem 16. Dezember 2024. Kline wird die Finanz-, Investor Relations- und Kapitalmarktoperationen des Unternehmens leiten, während es sein AirSCWO-System commercialisiert und sein Geschäft mit Abfallzerstörung als Dienstleistung startet.
Kline bringt über 20 Jahre strategische, finanzielle und operationale Erfahrung mit. Zuvor war er Senior Vice President of Finance bei Ole Distribution und hatte leitende Positionen bei Sony Pictures Lateinamerika inne. Zu seinen Kompetenzen gehören das Management von Kanaloperationen, Geschäftsentwicklungsinitiativen und Joint-Venture-Partnerschaften.
Die Ernennung zielt darauf ab, die Expansionspläne von 374Water zu unterstützen und die Technologie zur Zerstörung organischer Abfälle in städtischen, föderalen und industriellen Märkten zu skalieren.
- Appointment of experienced CFO with over 20 years of financial and operational expertise
- Strong background in scaling businesses and managing international operations
- Experience in joint venture partnerships and capital market operations
- Track record in growing revenue streams in challenging market conditions
- None.
DURHAM, NC / ACCESSWIRE / December 17, 2024 / 374Water Inc. (NASDAQ:SCWO), a global leader in organic waste destruction technology for the municipal, federal, and industrial markets, today announced the appointment of Russell Kline as Chief Financial Officer, effective December 16, 2024. In this role, Mr. Kline will lead 374Water's Finance, Investor Relations, and Capital Markets operations as the company fully commercializes and scales adoption of its AirSCWO system across markets and waste streams, launches and grows its AirSCWO Waste Destruction-as-a-Service (DaaS) business, expands operations domestically and internationally, as well as evaluates future product and solution expansion through organic and inorganic means.
Mr. Kline brings more than two decades of domestic and international strategic, financial, operational, and capital market experience to 374Water from his time with large public and private companies. Most recently, he served as Senior Vice President of Finance at Ole Distribution , a Latin American media company that was spun out of WarnerMedia. Mr. Kline played a pivotal role in launching the company in 2020 and rapidly scaling the business throughout the Americas. Mr. Kline successfully led strategic and financial operations, was instrumental in developing and maintaining capital market and joint venture partnerships, and growing revenue streams while navigating challenging market conditions.
"We are excited to welcome Russell to the 374Water team," said Chris Gannon, CEO of 374Water. "Russell brings a strong finance, operations, investor relations, and business development background which will support our organization as we rapidly scale our business. He has tremendous experience, both domestically and internationally, working across industries within complex organizations to successfully navigate high growth. I am confident in Russell and his abilities to immediately enhance the execution of our strategic business plan. His track record of leading large-scale finance functions and optimizing financial performance will be instrumental as we scale the business to tackle some of the world's more critical waste challenges."
"It's a privilege to join 374Water during such a transformative period in its journey," said Mr. Kline. "The Company's AirSCWO technology represents a groundbreaking solution to one of the world's most pressing environmental challenges-organic waste destruction. As we address this critical need, the opportunity to create meaningful environmental and economic impact is enormous. I'm aligned with the leadership team's strategic vision for the future and thrilled to work alongside this passionate team to help drive 374Water's mission forward and position the company for further success."
Previously, Mr. Kline served as Senior Vice President of Channel Operations and Business Development and Vice President of Finance and Operations, at Sony Pictures Latin America, where he managed channel operations, led business development initiatives, joint venture partnerships (e.g. Disney, WarnerMedia, HBO, etc.), content and technology services, and drove operational improvements across the region. He also held senior financial roles at Sony Pictures Entertainment, overseeing financial planning, corporate audits, and global financial consolidations. Mr. Kline began his career in business consulting and audit for multiple domestic and international manufacturing, distribution and service businesses.
Mr. Kline earned his Bachelor of Business Administration in Accounting and Finance from Western Michigan University and holds a CPA certification.
About 374Water
374Water Inc. (NASDAQ:SCWO) is a global cleantech 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 the commercialization and adoption of our AirSCWO technology, expansion of our operations and product offerings, our ability to process a range of waste and contaminants at scale, the timing and success of our DaaS offering, and our future prospects 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 Quarterly Report on Form 10-Q for the quarter ended September 30, 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.
CONTACT:
Investor Contact:
Heather Crowell
ir@374water.com
Media Contact:
Christian Rizzo
media@374water.com
SOURCE: 374Water Inc.
View the original press release on accesswire.com
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