Former Microsoft Executive Dave O'Hara Appointed to Cadiz Board of Directors for Strategic Growth

Dave O'Hara Joins Cadiz Board of Directors

In a significant development, Cadiz, Inc. (NASDAQ: CDZI / CDZIP) has appointed Mr. Dave O'Hara to its Board of Directors, effective immediately. This move comes at a time when the company is positioning itself for robust growth within the water solutions sector. Mr. O'Hara brings to the table more than 20 years of experience in corporate finance and commercial strategy, honed during his tenure at Microsoft, where he most recently served as Executive Vice President and Chief Financial Officer of the Commercial Business Group.

Mr. O'Hara’s impressive background includes responsibilities for investment strategies, budgeting, and financial analysis at Microsoft. He played a key role in managing substantial capital investments, specifically concerning data centers, cloud infrastructure, and global platform expansions. Additionally, his earlier roles within Microsoft involved leading operations in the advertising sector and directing business development initiatives.

In a statement regarding his new position, Susan Kennedy, Chairman and CEO of Cadiz, expressed her confidence in Mr. O'Hara's global expertise, particularly in corporate strategy and financial discipline. She noted, "Dave brings a passion for high-impact innovation in industries currently undergoing massive transformations. His experience in managing capital-intensive growth initiatives will greatly benefit our executive team and shareholders."

Mr. O'Hara himself expressed excitement about joining Cadiz at such a pivotal moment in its journey. He noted the company's unique portfolio, especially its initiatives surrounding water and energy, is timely given the accelerating demand for these vital resources in emerging industries. "I look forward to helping the company navigate this exciting phase and positively impacting the people and communities we serve," he stated.

Educationally, Mr. O'Hara is well-equipped for his role, holding a Bachelor's degree in Economics alongside an MBA from the University of South Dakota. His diverse experience makes him a strategic asset for Cadiz as it seeks to capitalize on growing market opportunities in the water solutions field.

Cadiz, Inc., established in 1983 and headquartered in California, is dedicated to providing accessible, clean, and affordable water through innovative solutions. The company manages an expansive 45,000 acres of land and has a water supply capacity of 2.5 million acre-feet, alongside an impressive 220 miles of pipeline infrastructure. Cadiz also prides itself on offering the most cost-effective filtration technology in the sector, allowing it to address the pressing impacts of climate change on water access.

As Cadiz continues to evolve, Mr. O'Hara’s extensive corporate finance expertise is expected to guide the company toward a sustainable future, navigating challenges and harnessing opportunities in the critical resource landscape. The board believes his strategic insights will help position Cadiz prominently as it ventures into new operational realms, ultimately enabling the company to better serve its communities.

For more details about Cadiz and its initiatives, visit www.cadizinc.com. Such appointments and strategic shifts reflect the company's commitment to innovation and responsible resource management, emphasizing its role in addressing significant environmental challenges facing the globe today.