Eguana Technologies Inc. announced that the company has appointed Justin Holland to the position of Chief Executive Officer, replacing Michael Carten, who will remain as a director of the company. In addition, at the request of the board of directors, George W. Powlick has been appointed to and has agreed to assume the position of interim Chairman of the board of directors. He is Managing Director of Doughty Hanson Technology Ventures and has been a director since 2009.

Justin Holland was previously the company's Chief Operating Officer where he has been instrumental in developing the company's operations and supply chain model. He will continue to work closely with Chief Technology Officer Brent Harris to execute the company's recently announced AC Battery business.