Leadership

Executive Officers

Board of Directors

Keith Brackpool is a co-founder of Cadiz Inc. and has served as a member of Cadiz' Board of Directors since September 1986 and as President and Chief Executive Officer since December 1991.  Mr. Brackpool assumed the role of Chairman of the Board of Cadiz in 2001. Mr. Brackpool has extensive expertise in Western water policy.   He was appointed by former California Governor Gray Davis to co-chair his Agriculture and Water Transition Task Force and also served on the Governor’s Commission on Building for the 21st Century, a diverse panel that developed long-term policy proposals to meet the state’s future water, housing, technology and transportation needs.  In addition to his position at Cadiz Inc., since 1989, Mr. Brackpool has been a principal of 1334 Partners L.P., a partnership that owns commercial real estate.  Previously, Mr. Brackpool served as director and chief executive officer of North American Operations for Albert Fisher Group, a multi-billion dollar food company.

Timothy J. Shaheen serves as Chief Financial Officer of Cadiz Inc. and is also on the Board of Directors, a position he has held March 1999.   From September 1996 to April 2005, Mr. Shaheen served as the President, Chief Executive Officer and a director of Sun World International, a major agricultural grower with desert operations and former Cadiz Inc. subsidiary.  Earlier in his career, Mr. Shaheen worked with the accounting firm of Ernst & Young LLP; he is a certified public accountant.  Mr. Shaheen is also a private investor and principal of Difinity Capital Partners LLP.

Richard E. Stoddard serves as CEO and Chairman of the Board of Managers of Cadiz Real Estate LLC, a wholly-owned subsidiary of Cadiz Inc.  In this position he directs the development of the Cadiz Valley Groundwater Storage Project and oversees Cadiz Inc.’s other land assets.  Mr. Stoddard also serves as the Assistant Secretary of the Company.  In addition to his position at Cadiz, since 1988, Mr. Stoddard has served as the Chairman and CEO of Kaiser Ventures LLC, an unrelated company involved in real estate development and waste management projects in southern California.

Stephen E. Courter was appointed a director of Cadiz in October 2008. Mr. Courter is currently on the faculty of the McCombs School of Business, University of Texas and serving on the board of a private company. He is also Managing Partner of the Courter Group, providing strategic advisory services to mid size companies, and serves on the Investment Committee for the State of Texas Emerging Technologies Fund. Mr. Courter has over 20 years of experience in management positions in the technology/telecommunications industry, serving most recently as CEO of Broadwing Communications. Mr. Courter began his career as a captain in the U.S. Army and has also held positions at KPMG, IBM and Sprint.

Geoffrey Grant was appointed a director of Cadiz in January 2007. Mr. Grant is presently the Chief Executive Officer and Managing Partner of Grant Capital Partners, LLC, which manages a global macro hedge fund. Previously , Mr. Grant was with Peloton Partners LLP, a global asset management firm he co-founded in 2005. Prior to Peloton, Mr. Grant was Head of Global Foreign Exchange and Co-head of the Proprietary Trading Group at Goldman Sachs' London office.  Mr Grant was with Goldman Sachs for 15 years, from 1989 to 2004. Mr. Grant began his career at Morgan Stanley, working in New York and Tokyo from 1981 to 1989.

Murray H. Hutchison was appointed a director of Cadiz in June 1997. From 1976 to 1996, Mr. Hutchison served as Chief Executive Officer and Chairman of International Technology, a publicly traded diversified environmental management company.  Mr. Hutchison currently serves as Chairman of the Board of TEPPCO Partners, L.P., a publicly traded partnership operating in refined petroleum products, liquefied petroleum gases and petrochemical transportation and storage.  He also serves as a director on the boards of Jack in the Box, Inc., a fast food restaurant chain, and Cardium Therapeutics, Inc., a medical technology company.

Raymond J. Pacini was appointed a director of Cadiz in June 2005.  Since May 1998, Mr. Pacini has been the President, Chief Executive Officer and a Director of California Coastal Communities, Inc. (CALC), a publicly traded (NASDAQ:CALC) residential land development and homebuilding company operating in Southern California. 

Stephen J. Duffy was appointed a director of Cadiz in July 2006.  Mr. Duffy is currently a Managing Director with Moss Adams Capital LLC, a provider of investment banking services.  Prior to joining Moss Adams Capital LLC, Mr. Duffy served as a Managing Principal for KayEl Capital LLC, a real estate investment company. In 2007, Mr. Duffy was a Principal/Senior Vice President with IHP Capital Partners, a leading institutional investor in residential housing.  From 2004 - 2006 Mr. Duffy served as Chief Operating Officer for Western National Realty Advisors, an apartment acquisition, development and investment management company.   Previously, Mr. Duffy was the Partner-in-Charge of Real Estate Capital Markets for the Western U.S. with Ernst & Young, LLP.   Mr. Duffy joined Ernst & Young in 1995 when it merged with Kenneth Leventhal & Company where he was Managing Partner of the Real Estate Consulting Practice in Newport Beach, California.

Winston Hickox was appointed a director of Cadiz in October 2006.   From 2004 – 2006, Mr. Hickox served as Senior Portfolio Manager with the California Public Employees’ Retirement System (CalPERS), designing  a series of environmentally- oriented investment initiatives for the fund’s $211 billion investment portfolio.  Prior to CalPers, from 1999 - 2003, Mr. Hickox served as Secretary of the California Environmental Protection Agency (CalEPA) and a member of the Governor’s cabinet.  Mr. Hickox’ environmental policy experience also includes membership on the board of the California League of Conservation Voters (CLCV), including a four-year term as Board President (1990 - 1994); and two years on the boards of Audubon California and Sustainable Conservation (2004 - 2006).  Mr. Hickox is currently a partner at California Strategies, a public policy consulting firm, and is also serving as a member of the board of Thomas Properties Group, a publicly traded full service real estate investment firm.