|
Cap-XX Ltd - Sydney-based supercapacitor and energy management system manufacturer - Names Lars Stegmann as its new chief Executive Officer, start date unconfirmed. Says Stegmann will be based in Hamburg, Germany to be closer to many of CAP-XX’s customers and investors. Stegmann has international business and market development experience in electronics and semi-conductors in senior sales management and business development roles. Prior to Cap-XX, he worked as vice president and general manager of C&K, the electronic switch and component manufacturer which is now part of Littelfuse Inc. Says his appointment will be subject to approval. Chair Patrick Elliott says: ‘We are delighted to announce the appointment of Lars Stegmann as chief executive of CAP-XX. Lars has an extensive results and customer focussed background in power electronics and international sales and marketing. He joins CAP-XX as we drive the expansion of our sales and distribution channels, having largely completed the integration and commissioning of our capacity expansion at Seven Hill, Sydney.’ Current stock price: 1.33 pence each, up 1.2% on Thursday afternoon in London 12-month change: down 72% Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
