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Avant Technologies Announces Leadership Shake-Up and New CEO

Avant Technologies Announces Leadership Shake-Up and New CEO

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The latest announcement is out from Avant Technologies (AVAI).

Avant Technologies, Inc. has appointed Kenneth L. Waggoner as its new CEO effective July 10, 2024, with a wealth of experience spanning 45 years in management and law, including leadership roles at Chevron and PharmaCyte Biotech. Waggoner, who isn’t related to the company’s current directors or executives and doesn’t hold a significant stock share, will earn a base salary paid in stock, potentially doubling if the company lists on a national stock exchange. Additionally, he’s entitled to a bonus based on successful capital raising. Concurrently, the company has repositioned its senior management, with Mr. Hisey becoming the CFO and Mr. Racius taking on the COO role while maintaining his positions as Director and Treasurer.

For an in-depth examination of AVAI stock, go to TipRanks’ Stock Analysis page.

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