Cadiz Inc. announced that Mr. Stan Speer, who has been a financial consultant to the Company for five years, will take over as Chief Financial Officer. In the CFO position, Mr. Speer will assume the company’s financial management and reporting responsibilities and maintain oversight of operational budgets. Speer brings decades of financial management experience to this position, including previous tenure as Cadiz CFO from 1997-2003, and roles as a Managing Director with global professional services firm Alvarez & Marsal, and as a partner with Coopers & Lybrand (now PricewaterhouseCoopers), where he spent 14 years specializing in business reorganizations.