The estimated Net Worth of Sherif Foda is at least $1.3 Milhão dollars as of 14 September 2022. Mr. Foda owns over 15,879 units of Recovery Inc stock worth over $394,964 and over the last 11 years he sold ERII stock worth over $767,084. In addition, he makes $135,000 as Independent Director at Recovery Inc.
Sherif has made over 12 trades of the Recovery Inc stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 15,879 units of ERII stock worth $134,813 on 14 September 2022.
The largest trade he's ever made was exercising 20,000 units of Recovery Inc stock on 24 November 2021 worth over $171,000. On average, Sherif trades about 3,983 units every 133 days since 2013. As of 14 September 2022 he still owns at least 25,498 units of Recovery Inc stock.
You can see the complete history of Mr. Foda stock trades at the bottom of the page.
Sherif Foda is an Independent Director of Energy Recovery, Inc. Mr. Foda is an experienced executive with more than two decades of oil and gas industry experience from around the globe. Mr. Foda currently serves as the Chairman and Chief Executive Officer of National Energy Services Reunited (NASDAQ: NESR), roles that he has held since June 2017. Previously since 2016, Mr. Foda was the Senior Advisor to the Chairman of Schlumberger. Previously from 2013 to 2016, Mr. Foda served as an Executive Officer and the Group President of Schlumberger Production, based in Houston, managing the different business segments of Schlumberger related to oil & gas producing fields, including Fracturing business, cementing, Well Services and Interventions, Completions, Artificial Lifts, and production businesses. From 2011 to 2013, Mr. Foda was the President of Schlumberger Europe and Africa, based in Paris. In this capacity, he managed all the different businesses, activities and operations for Schlumberger from South Africa to Norway. Prior to that, Mr. Foda held several other senior corporate and operations positions with Schlumberger in Houston, Texas, the Middle East and Europe. In addition, Mr. Foda worked in the information technology and computer industries in Egypt. He serves on the board of trustees of Awty International School in Houston, and is a board member of Al Fanar Venture Philanthropy in London. Mr. Foda holds a BSc in Electronic from Ain Shams University, and a BAC in Science from College de la Salle, both in Cairo. The Board selected Mr. Foda as a director because he brings a unique perspective to the Board and has significant experience with issues, trends and opportunities within the oil & gas industry that enable Mr. Foda to provides valuable expertise when evaluating the Company’s oil & gas business.
As the Independent Director of Recovery Inc, the total compensation of Sherif Foda at Recovery Inc is $135,000. There are 11 executives at Recovery Inc getting paid more, with Yu-Lang Mao having the highest compensation of $868,407.
Sherif Foda is 51, he's been the Independent Director of Recovery Inc since 2016. There are 9 older and 7 younger executives at Recovery Inc. The oldest executive at Energy Recovery Inc is Yu-Lang Mao, 77, who is the Pres, CEO & Chairman.
Sherif's mailing address filed with the SEC is C/O ENERGY RECOVERY, INC., 1717 DOOLITTLE DRIVE, SAN LEANDRO, CA, 94577.
Over the last 16 years, insiders at Recovery Inc have traded over $145,958,928 worth of Recovery Inc stock and bought 3,151,581 units worth $15,056,868 . The most active insiders traders include As Arvarius, Ole Peter Lorentzen, eAlexander J Buehler. On average, Recovery Inc executives and independent directors trade stock every 23 days with the average trade being worth of $1,247,596. The most recent stock trade was executed by Alexander J Buehler on 19 August 2024, trading 19,841 units of ERII stock currently worth $57,936.
energy recovery (nasdaq:erii) recycles and converts wasted pressure energy into a usable asset and preserves pumps that are subject to hostile processing environments. with award winning technology, energy recovery simplifies complex industrial systems while improving productivity, profitability, and efficiency within the oil & gas, chemical processing, and water industries. energy recovery products save clients more than $1.5 billion (usd) annually. headquartered in the bay area, energy recovery has offices in ireland, shanghai, and dubai. for more information about the company, please visit our website at www.energyrecovery.com.
Recovery Inc executives and other stock owners filed with the SEC include: