Liquidmetal Technologies, Inc. Announces Executive Changes
July 09, 2021 at 04:30 pm EDT
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Liquidmetal Technologies, Inc. announced that Professor Lugee Li, Chairman of the company’s Board of Directors, has resigned as CEO. Citing the company’s readiness for the next phase of its development and the ongoing restrictions on international travel, Professor Li reiterated his support for the company and its management team. Following Professor Li’s resignation, the Board of Directors appointed Mr. Tony Chung as Interim CEO. Mr. Chung will take responsibility for the strategic direction of the company, while Mr. Bresnick will take responsibility for its day-to-day operations and customer service. Professor Li will stay on as the company’s Chairman.
Liquidmetal Technologies, Inc. is a materials technology company that develops and commercializes products made from amorphous alloys. The Company's Liquidmetal family of alloys consists of a variety of bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. The Company designs, develops, and sells custom products and parts from bulk amorphous alloys to customers in various industries. The Company also partners with third-party manufacturers and licensees to develop and commercialize Liquidmetal alloy products. The Company is engaged in product development efforts relating to various medical devices and automotive components that could be made from bulk Liquidmetal alloys. The Company work with partners to design, develop, and supply components for non-consumer electronic devices utilizing its bulk Liquidmetal alloys. The Company is developing a variety of applications for Liquidmetal alloys in the sporting goods and leisure products area.