Australis Capital Inc. announced that on January 5, 2021, with the closing of the ALPS transaction. Dr. Duke Fu, who had been serving as the company's Interim CEO since the November 2020 leadership transition, has been appointed the company's COO. Dr. Fu will remain on the AUSA board of directors. Terry Booth was also appointed to the board of directors of AUSA. Dr. Fu is CEO of GT, a company in the process of being acquired by Australis.