x

Posted 17 September, 2021

Odyssey Semiconductor Technologies, Inc. appointed Richard Brown as new CEO

OTC:ODII appointed new Chief Executive Officer Richard Brown in a 8-K filed on 17 September, 2021.


  During such transition period, the Board of Directors of the Company appointed (i) Richard Brown, co-founder, Chief Technology Officer and Director of the Company, as Interim Chief Executive Officer; and (ii) John Edmunds, Director of the Company, as Chairman of the Board of Directors.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Odyssey Semiconductor Technologies, Inc.
N/A • N/A
Odyssey Semiconductor Technologies, Inc. engages in developing revolutionary high-voltage power switching components and systems based on proprietary Gallium Nitride processing technology. The company was founded by Richard J. Brown and James R. Shealy on April 12, 2019 and is headquartered in Ithaca, NY.
Market Cap
$987K
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.


On September 13, 2021, Alex Behfar tendered to Odyssey Semiconductor Technologies, Inc. (the "Company") his resignation as Chief Executive Officer, Chairman of the Board of Directors and Director of the Company, effective as of September 22, 2021. The Company accepted Mr. Behfar's resignation. Mr. Behfar's resignation from the aforementioned positions was not a result of any disagreements with the Company regarding its operations, policies or practices.


In light of the resignation of Mr. Behfar, the Company is searching for Mr. Behfar's replacement. During such transition period, the Board of Directors of the Company appointed (i) Richard Brown, co-founder, Chief Technology Officer and Director of the Company, as Interim Chief Executive Officer; and (ii) John Edmunds, Director of the Company, as Chairman of the Board of Directors.