x

Posted 18 March, 2022

LIQTECH INTERNATIONAL INC appointed Mr. Mathiesen as new CEO

Nasdaq:LIQT appointed new Chief Executive Officer Mr. Mathiesen in a 8-K filed on 18 March, 2022.


  In connection with Mr. Mathiesen's leave of absence, the Company's Board of Directors (the "Board") has appointed Alexander Buehler, a current member of the Board, as the Company's Interim Chief Executive Officer, effective March 17, 2022.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of LIQTECH INTERNATIONAL INC
Industrial Goods • Industrial Electronics
LiqTech International, Inc. is a clean technology company, which engages in the provision of gas and liquid purification products by manufacturing ceramic silicon carbide filters. It operates through the following segments: Water, Ceramics, Plastics, and Other. The firm specializes in ceramic membranes for liquid filtration systems and diesel particulate filters (DPFs) to control soot exhaust particles from diesel engines. The company was founded by Lasse Andreassen on July 1, 2004 and is headquartered in Ballerup, Denmark.
Market Cap
$17.4M
View Company Details
LIQTECH INTERNATIONAL INC by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Leave of Absence of Chief Executive Officer

 

Sune Mathiesen, Chief Executive Officer of LiqTech International, Inc. (the "Company"), has begun a medical leave of absence. In connection with Mr. Mathiesen's leave of absence, the Company's Board of Directors (the "Board") has appointed Alexander Buehler, a current member of the Board, as the Company's Interim Chief Executive Officer, effective March 17, 2022.

 

At this time, any changes to Mr. Buehler's compensation arrangements with the Company have not been determined. The Company will file an amendment to this Current Report on Form 8-K disclosing such additional information when it has been determined. 

 

Board of Director Transitions

 

In connection with his appointment as Interim Chief Executive Officer, Mr. Buehler tendered his resignation as a member and Chair of the Audit Committee and as a member of the Compensation and the Governance and Nominating Committees, effective as of March 17, 2022. In connection with Mr. Buehler's resignation, the Company's Board of Directors appointed Richard Meeusen to serve as the Chair of the Audit Committee. The Company's Board of Directors has determined that Mr. Meeusen is an "audit committee financial expert" as defined in Item 407(d)(5) of Regulation S-K.