Altair names new CEO and COO, receives Nasdaq warning

Altair (NASDAQ:ALTI) interim CEO Guo-Hua Sun has resigned due to "time constraints and the identification of a suitable replacement candidate." He'll remain on the company's board.

Replacing Sun as CEO is James Zhan, who (before joining Altair last year) previously worked at Chinese financial advisory firm Sun Hung Kai. Altair has also appointed Thomas Reddington, formerly the COO of the Altairnano subsidiary, its COO.

Altair simultaneously announces it has received a Nasdaq non-compliance warning over its failure to file its Q2 10-Q on time.

Comments (1)
  • jstack6
    , contributor
    Comments (111) | Send Message
    Their nano technology is some of the best. They make world leading lithium batteries that others wish they could make. I hope things work out with the new COO and vision so they can continue to be a world leader.
    19 Aug 2014, 06:02 PM Reply Like
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