James Pawloski joins 374Water as advisor and director nominee

DURHAM, N.C. - 374Water Inc. (NASDAQ: SCWO), a global provider of waste destruction technology currently valued at $40.5 million, has announced the appointment of James Pawloski as an advisor to the company, with a nomination to serve as an Independent Director pending a stockholder vote at the upcoming Annual Meeting. According to InvestingPro data, the company maintains a strong liquidity position with a current ratio of 4.76, though its stock has faced significant pressure, declining over 80% in the past year. The virtual meeting is scheduled for June 11, 2025.

Pawloski, with his extensive background in environmental services, brings a wealth of experience to 374Water. His most recent role was as President & CEO of Regeneration and Recovery Solutions at Veolia North America, LLC, where he managed a significant portfolio focusing on liquid waste management and led the growth of the regeneration business’s EBITDA from $40 million to $80 million.

Before his tenure at Veolia, Pawloski spent 25 years at DuPont, where he advanced through various leadership roles, including managing the Clean Technologies business. He holds a BS in chemical engineering from the University of Delaware and an MBA from the State University of New York at Buffalo.

Chris Gannon, President and CEO of 374Water, expressed confidence that Pawloski’s experience would bolster the company’s commercial trajectory, citing his proven track record in enhancing profitability and spearheading technology and service offerings that have transformed business models.

Pawloski shared his enthusiasm for 374Water’s AirSCWO System, recognizing its potential to meet unmet needs in wastewater treatment and waste management. He is poised to assist the company with its growth objectives, both domestically and internationally.

374Water’s AirSCWO technology aims to efficiently destroy and mineralize a wide range of organic wastes, producing safe dischargeable water streams and recoverable heat energy. The company is focused on creating sustainable solutions for wastewater treatment and waste management challenges.

The information regarding Pawloski’s advisory role and director nomination is based on a press release statement from 374Water. The company continues to position itself as a leader in innovative waste treatment solutions, with a commitment to a greener future and the eradication of harmful pollutants. Investors should note that 374Water’s next earnings report is scheduled for May 9, 2025. For deeper insights into 374Water’s financial health, growth prospects, and 16 additional exclusive ProTips, visit InvestingPro, where you’ll find comprehensive research reports covering over 1,400 US stocks.

In other recent news, 374Water Inc. reported its fourth-quarter 2024 earnings, revealing a decline in revenue and a larger-than-expected net loss. The company generated $445,000 in revenue, down from $743,000 the previous year, and reported a net loss of $12.4 million compared to $8.1 million in the prior year. Despite these setbacks, 374Water remains optimistic about its growth potential, projecting revenue between $4 million and $6 million for 2025. The company is also focused on expanding its manufacturing capacity and pursuing strategic partnerships. Additionally, 374Water recently settled an employment-related lawsuit with its former CEO, Kobe Nagar, allowing both parties to focus on shared objectives. The terms of the settlement remain confidential, but both sides expressed satisfaction with the outcome. These developments come amid the company’s efforts to advance its waste destruction technology and contribute to environmental sustainability.

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