EnSync, Inc. announced the resignation of Bradley Hansen as the Company's Chief Executive Officer and as a member of the Board of Directors. The Company further announced that the Board of Directors has appointed Sandeep Gupta as interim CEO and Chief Restructuring Officer and also as a member of the company's Board of Directors. Mr. Gupta is a principal and founder of Novo Advisors and his expertise ranges from the development of short-term liquidity forecasts, break-even analyses, and performance/profit improvement studies to mergers and acquisitions and liquidation analyses for healthy and distressed businesses across a wide array of industries.

Prior to founding Novo Advisors Mr. Gupta was a Managing Director in FTI Consulting's Corporate Finance practice based in Chicago.