Core Viewpoint - 374Water Inc. has appointed Stephen J. Jones as Interim President and CEO to lead the company through its next phase of commercialization and project deployments, succeeding Chris Gannon who has stepped down [1][4]. Company Leadership Change - Stephen J. Jones, a current board member, has extensive experience in corporate leadership and environmental services, previously serving as President and CEO of Covanta Holding Corporation [2][4]. - Jones will also oversee the search for a permanent CEO while focusing on the commercialization of the company's super critical water oxidation (SCWO) technology [1][4]. Compensation Details - Mr. Jones has agreed to a nominal base salary of $1.00 and has received stock options to align his incentives with shareholder interests [3]. Strategic Focus - The Board believes this leadership change is timely as the company aims to commercialize its SCWO technology and pursue strategic partnerships related to its Waste Destruction Services (WDS) business model [4]. - Jones expressed confidence in the company's potential for value creation and emphasized the importance of employee dedication in achieving shared success [6]. Upcoming Financial Update - A strategic update and business performance review will be provided during the third quarter results conference call scheduled for November 12, 2025 [1][7].