Posted 13 September, 2022
LIQTECH INTERNATIONAL INC appointed new CEO
CEO Change detected for ticker Nasdaq:LIQT in a 8-K filed on 13 September, 2022.
As previously announced, Fei Chen has begun her role as Chief Executive Officer of the Company starting on September 12, 2022. Mr. Buehler has stepped down as Interim CEO effective upon Ms. Chen's assumption of the role, and therefore his Interim CEO Agreement was to terminate.
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
$17.4M
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 9, 2022, LiqTech International, Inc. (the "Company") and Alexander J. Buehler, agreed to certain amendments of Mr. Buehler's Interim CEO Agreement. As previously announced, Fei Chen has begun her role as Chief Executive Officer of the Company starting on September 12, 2022. Mr. Buehler has stepped down as Interim CEO effective upon Ms. Chen's assumption of the role, and therefore his Interim CEO Agreement was to terminate. The Company and Mr. Buehler have agreed, however, that Mr. Buehler should stay on full time for a short period to assist with the transition and therefore his Interim CEO Agreement will now terminate on September 30, 2022. Additionally, Mr. Buehler, who continues to serve on the board of directors of the Company, has agreed to provide additional CEO transition services from October 1, 2022 through November 11, 2022. As compensation for such services, the Company will issue Mr. Buehler $47,753 of restricted stock units of the Company.
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