H. P. Michelet

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HP Michelet is a Norwegian entrepreneur. Michelet is the Executive Chairman of Energy Recovery Inc.(ERI). since March 2008. ERI is the world’s leading manufacturer of energy recovery devices such as the PX Pressure Exchanger used for seawater desalination that reduces energy consumption of up to 98%.^[1]

Prior to being named the executive chairman of our board, Mr. Michelet had served chairman of the ERI board since September 2004 and a member of the board of directors since 1995. Mr. Michelet’s other current directorships include serving as the chairman of the board of directors of SynchroNet Marine Inc., a maritime technology service provider, since 2000 and a member of the board of directors of Arvarius AS, a privately held Norwegian investment company, since 1997. In 1997, “HP” joined Delphi Asset Management as a Director, where he was instrumental in turning Delphi into one of the fastest growing Norwegian asset management companies. In 1992 he was promoted to Deputy Managing Director of Fiba Nordic Securities AS and ultimately became CEO in 1994. There, he was instrumental in positioning the firm as a major Scandinavian investment bank previously in 1989, he became Director of Finanshuset AS, where he was responsible for creating the Scandinavian fixed income department. In his From 1986-1989 H P worked as Portfolio Manager for Storebrand Insurance Corp. (Norway). At Storebrand, Mr. Michelet’s managed the company’s “non-life” cash position, equity portfolios and fixed income portfolio valuing approximately $5 billion. Mr. Michelet holds a B.A. in Finance from the University of Oregon.^[2]

He was also involved with 8 different types of business from software to cleantech to cod farm.

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