– USA, CA – Cadiz, Inc. (NASDAQ: CDZI / CDZIP) today announced the appointment of Barbara Lloyd to its Board of Directors effective immediately.
Barbara Lloyd will join the Audit & Risk and Compensation committees.
About Barbara Lloyd
Barbara Lloyd is the Founder and CEO of IMPACTS USA Advisory Services, a private consulting firm advising governments, developers, and investors on innovative capital asset strategies, including public-private partnerships for complex infrastructure projects such as California High-Speed Rail. IMPACTS advisory clients include the University of California and the California Departments of Transportation and Veterans Affairs. She also advised the state Department of Water Resources and the cities of Los Angeles, Oakland, and San Jose at prior employers.
“I have built my career creating financial solutions at the critical nexus between public policy, infrastructure, and capital markets. Large-scale infrastructure development requires coordination, vision and innovative financing strategies. I am excited to join the Cadiz Board and be part of the solution in addressing the impacts of climate change on California’s infrastructure and access to clean, affordable water,” said Barbara Lloyd.
Before founding IMPACTS, Barbara Lloyd served as a Managing Director for KPMG Corporate Finance, a global leader in alternative financing and delivery options for complex infrastructure projects and governmental facilities. Previously, Lloyd served as Chief Deputy Treasurer and Deputy Treasurer for Public Finance for the California State Treasurer’s Office where she led multiple high-profile, complex bond transactions, such as California’s $11 billion Power Supply Revenue Bonds, then the largest municipal bonds ever issued (2002), and $12.3 billion Economic Recovery Bonds, including the largest single-day issuance in municipal bond history, at $7.9 billion (2004). In her role at the State Treasurer’s Office, Lloyd also served as chief negotiator and senior spokesperson with rating agencies, credit enhancement providers, investors, governmental agencies, and other bond market participants.
Her expansive financial career also includes roles in senior executive public finance positions at Lehman Brothers Public Finance, acquired by Barclays, and Leifer Capital, now KNN Public Finance. She led banking transactions for the State of California, Los Angeles Department of Water and Power; California Department of Veterans Affairs; Irvine Ranch Water District; San Diego County; City of Oakland; and California Communities JPA. Lloyd began her career as chief of staff in the 14th California State Assembly district and also served as treasury manager for the City of Oakland.
Barbara Lloyd holds an MBA from Stanford University and a B.A. in Political Science from UC Davis.
About Cadiz, Inc.
Founded in 1983, Cadiz, Inc. is a California water solutions company dedicated to providing access to clean, reliable, and affordable water for people through a unique combination of water supply, storage, pipeline, and treatment solutions. With 45,000 acres of land in California, 2.5 million acre-feet of water supply, 220 miles of pipeline assets, and the most cost-effective water treatment filtration technology in the industry, Cadiz offers a full suite of solutions to address the impacts of climate change on clean water access.
SOURCE: https://cadizinc.com/
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