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Posted 01 February, 2024

ADDVANTAGE TECHNOLOGIES GROUP INC appointed new CEO

CEO Change detected for ticker Nasdaq:AEY in a 8-K filed on 01 February, 2024.


  Concurrent with the Bankruptcy Filing, Joseph E. Hart, the Company's Chief Executive Officer and President; and Michael Ramke, the Company's Interim Chief Financial Officer, resigned as executive officers of the Company.  

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Overview of ADDVANTAGE TECHNOLOGIES GROUP INC
Technology • Networking
ADDvantage Technologies Group, Inc. engages in the provision of turn-key wireless infrastructure services for wireless carriers, tower companies, and equipment manufacturers. It also distributes and services a line of electronics and hardware for the telecommunications industry. The firm operates through the Wireless Infrastructure Services (Wireless) and Telecommunications (Telco) segments. The Wireless segment provides turn-key wireless infrastructure services such as installation and upgrade of technology on cell sites and the construction of new smart cells for 5G. The Telco segment offers new and used telecommunication networking equipment, including both central office and customer premise equipment, and customer repair and testing services for telecommunications networking equipment. The company was founded in September 1989 and is headquartered in Carrollton, TX.
Market Cap
$105K
View Company Details
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Concurrent with the Bankruptcy Filing, Joseph E. Hart, the Company's Chief Executive Officer and President; and Michael Ramke, the Company's Interim Chief Financial Officer, resigned as executive officers of the Company. As of January 31, 2024, neither the Company nor any of the Subsidiaries have officers, consultants or employees.


Concurrent with the Bankruptcy Filing, directors David E. Chymiak, Joseph E. Hart, Timothy S. Harden, James C. McGill, John M. Shelnutt, and David W. Sparkman have effectively resigned as members of the Company's Board of Directors. Neither the Company nor any of the Subsidiaries currently have members of their respective Boards of Directors.