Crown Electrokinetics Appoints New Chief Money Officer
CORVALLIS, Ore., June 21, 2021 /PRNewswire/ — Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Firm”), a leading sensible glass technological innovation enterprise that has created and is commercializing patented skinny-movie remedies, right now introduced the appointment of Joel Krutz as Main Fiscal Officer (CFO), productive June 21, 2021. Mr. Krutz succeeds Phil Anderson, who has made the decision to pursue new prospects after efficiently major Crown via crucial capital raises and an uplisting.
“We are happy to have Joel Krutz join Crown’s leadership team as Chief Monetary Officer. As we diligently get ready to start gross sales and rollout our DynamicTint™ Sensible Glass Inserts, we look forward to Joel’s advice and assistance during this vital time of operational transform for Crown. Joel has in depth knowledge across strategic economical functions and operations wherever he constructed and optimized monetary infrastructure. I search forward to Joel earning an influence by driving our strategic initiatives and foremost the finance and accounting functions,” stated Doug Croxall, Crown Chairman & CEO.
“On behalf of the Board of Administrators and administration crew, we would like to thank Phil Anderson for his tireless difficult operate and considerable contributions to Crown as we transitioned to a Nasdaq listed firm. Also, we search forward to our ongoing connection with Phil as he remains a expert for Crown performing on a few certain initiatives,” concluded Mr. Croxall.
Joel Krutz is an knowledgeable government in finance and operations, with a historical past in building and acquiring economic reporting. Most a short while ago, Mr. Krutz experienced served as CFO for ViacomCBS Networks Worldwide (VCNI), the premium material firms international division since 2015. As CFO, VCNI, Mr. Krutz productively steered the company via a transformational period of enlargement, diversification, and growth. Prior to his job as CFO of VCNI, Mr. Krutz held a number of progressive London and New York based mostly CFO and senior strategic finance roles for Viacom wherever he crafted and created financial infrastructure to assistance companies via a assortment of immediate advancement, turnaround, and portfolio optimization worries. Initially from New Zealand, Mr. Krutz acquired a Bachelor of Management Research with an Accounting major from Waikato College, attained his experienced CIMA qualification from the UK’s Affiliation of Chartered Management Accountants, and CTAMU certification from Harvard Business School’s Government plan.
“The chance to join Crown at this thrilling stage to enable Doug and the staff make a company that can substantially lower carbon emissions and develop immense shareholder benefit, is unusual without a doubt. It truly is an honor to be signing up for this kind of a gifted staff and superior potential business enterprise in the rapidly developing good glass market,” stated Joel Krutz, Crown CFO.
About Crown Electrokinetics
Crown is a clever glass technological innovation company and the creator of DynamicTint – We Make Your Glass Smarter™. Originally invented by Hewlett-Packard (HP, Inc.), our know-how lets any glass surface area to changeover in between distinct and dark in seconds. With apps to a large array of home windows, together with industrial buildings, automotive sunroofs, and household skylights, we husband or wife with main glass and movie companies for mass manufacturing and distribution. At the main of our technology is a slim film that is driven by electrically-charged pigment which not only replaces typical window tints but is also a a lot more sustainable alternate to classic window treatment options. With its distinctive potential to be retrofitted to existing glass, DynamicTint™ offers myriad gains relevant to lowering carbon emissions. The business is supported by a strong patent portfolio. For more data, make sure you check out WWW.CROWNEK.COM.
Forward-Seeking Statements
This push release is made up of ahead-hunting statements as described in Section 27A of the Securities Act of 1933, as amended, and Area 21E of the Securities Exchange Act of 1934, as amended. These ahead-hunting statements, and terms this kind of as “anticipate,” “assume,” “intend,” “may possibly,” “will,” “really should” or other comparable phrases, entail risks and uncertainties for the reason that they relate to events and depend on circumstances that will come about in the long run. Those people statements include statements pertaining to the intent, perception or latest anticipations of Crown Electrokinetics and customers of its management, as very well as the assumptions on which such statements are primarily based. Future buyers are cautioned that any these forward-searching statements are not guarantees of upcoming functionality and contain hazards and uncertainties, which includes those described in Crown Electrokinetics’ periodic studies filed with the SEC, and that true benefits may perhaps vary materially from those people contemplated by this kind of ahead-wanting statements. Other than as demanded by federal securities legislation, Crown Electrokinetics undertakes no obligation to update or revise ahead-searching statements to reflect altered circumstances.
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