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Posted 29 June, 2022

LIQTECH INTERNATIONAL INC appointed Alexander J. Buehler as new CEO

Nasdaq:LIQT appointed new Chief Executive Officer Alexander J. Buehler in a 8-K filed on 29 June, 2022.


  As previously disclosed, the Company's board of directors (the "Board") appointed Alexander J. Buehler, a member of the Company's Board, to act as Interim Chief Executive Officer and on March 22, 2022, the compensation committee of the Board approved that Mr. Buehler will be granted on his last day of service as Interim Chief Executive Officer, $17,957 of restricted shares of the Company's common stock for each week of service (a total of $933,750 annualized), all of which shall vest on January 1, 2023.  

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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.

 

As previously disclosed, the Company's board of directors (the "Board") appointed Alexander J. Buehler, a member of the Company's Board, to act as Interim Chief Executive Officer and on March 22, 2022, the compensation committee of the Board approved that Mr. Buehler will be granted on his last day of service as Interim Chief Executive Officer, $17,957 of restricted shares of the Company's common stock for each week of service (a total of $933,750 annualized), all of which shall vest on January 1, 2023. The number of restricted shares to be granted will be determined on Mr. Buehler's last day of service as Interim Chief Executive Officer. The number of restricted shares that Mr. Buehler will receive on such date was to be calculated based on the closing sale price of the Company's common stock on the NASDAQ Stock Market on March 29, 2022. On June 23, 2022, the compensation committee of the Board approved an amendment to the terms of this grant, such that the number of restricted shares that Mr. Buehler will receive will be calculated based on the average closing sale price of the Company's common stock on the NASDAQ Stock Market for May 13, 2022 through June 2, 2022.