This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cadiz Names Scott Slater Chief Executive Officer

Cadiz Inc. (NASDAQ:CDZI) (“Cadiz”, “the Company”) announced today that it has appointed Company President Scott Slater to the additional role of Chief Executive Officer effective February 1, 2013. Keith Brackpool, a co-founder of the Company who has served as CEO since 1991, will remain as Chairman of the Board of Directors. Mr. Brackpool has been a member of the Company’s Board since 1986 and Chairman since 2001.

Mr. Slater, one of the nation’s foremost experts in water policy and groundwater law, joined the Company as General Counsel in 2008 to oversee land and water resource management activities, including development of the Cadiz Valley Water Conservation, Recovery and Storage Project (“Project”). Since that time Slater has led the Project through many significant milestones, including last year’s Project approval and certification of the California Environmental Quality Act (“CEQA”) documents by the Santa Margarita Water District. Mr. Slater is now leading the Project’s economic and pre-construction phase and, as CEO, will also oversee the long-term development and holistic management of the Company’s various resource assets.

“Scott Slater is a proven leader who can bring our Project over the finish line,” said Keith Brackpool. “We have made tremendous progress since Scott joined the Company and we could not have a more qualified person to steer Cadiz through its next phase.”

Mr. Slater, who is also on the Company’s Board of Directors, is a veteran water rights attorney with over 25 years of experience in the water industry. In addition to his positions at the Company, Mr. Slater is also a shareholder in Brownstein Hyatt Farber Schreck, L.L.P. (“Brownstein”), the nation’s leading water practice firm. He has served as lead negotiator on a number of important water transactions, including the negotiation of the largest conservation-based water transfer in U.S. history on behalf of the San Diego County Water Authority. Mr. Slater is also the author of California Water Law and Policy, a two-volume treatise on the subject, and has taught law and graduate courses at Pepperdine University, the University of California, Santa Barbara and the University of West Australia.

“I am proud to take on this important role at such an exciting time,” Mr. Slater commented. “We’ve envisioned a multi-faceted business including water conservation and storage, organic agriculture, desert land conservation, and tourist investments to sustainably manage our vast resources in the desert and provide long-term benefits. I look forward to implementing these worthy programs and achieving our objectives.”

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,790.19 +13.76 0.08%
S&P 500 1,979.92 -7.13 -0.36%
NASDAQ 4,748.3610 -32.9030 -0.69%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs