Energous Corporation announced that Cesar Johnston is no longer serving in his role as President of Energous, effective immediately. The Board of Directors has initiated a search to identify a permanent successor. He will remain on the Company?s Board of Directors.

Mallorie Burak, Chief Financial Officer, who has also been named Principal Executive Officer for the interim period. The Office will oversee strategic planning and direction, working closely with the Company?s Board of Directors, Board of Advisors, senior leadership, partner ecosystem and other stakeholders to deliver on its mission to unleash the full potential of IoT through wireless power networks.