Ascent Solar terminates CEO Jeffrey Max; appoints CFO Paul Warley as CEO

Ascent Solar Technologies, Inc.

Jeffrey Max terminated as President & CEO effective April 26, 2023.
Paul Warley appointed President & CEO effective May 1, 2023; remains interim CFO.
Warley joined Ascent in Dec 2022 as CFO; previously led Warley & Company LLC.
Warley served as CEO/CFO of 360Imaging (2018-2019); held senior roles at GE Capital, Deloitte, Bank of America.
Warley previously provided corporate finance consulting to BD1 Investment Holding, ASTI's largest stockholder.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Jeffrey Max

President and Chief Executive Officer

ASTI · Ascent Solar Technologies, Inc.

Effective: 2023-04-26
Successor: Paul Warley
Filed: May 2, 2023, 7:59 PM ET

On April 26, 2023, the board of directors of Ascent Solar Technologies, Inc. (“ASTI” or the “Company”) terminated Jeffrey Max as the Company’s President and Chief Executive Officer.

Appointed

Paul Warley

President and Chief Executive Officer

ASTI · Ascent Solar Technologies, Inc.

Effective: 2023-05-01
Filed: May 2, 2023, 7:59 PM ET

On May 1, 2023, the Company’s board of directors appointed Paul Warley as the Company’s President and Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey Max was terminated as President and Chief Executive Officer at Ascent Solar Technologies, Inc..

Action: terminated
Role: President and Chief Executive Officer

Exact text from the filing

On April 26, 2023, the board of directors of Ascent Solar Technologies, Inc. (“ASTI” or the “Company”) terminated Jeffrey Max as the Company’s President and Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Warley was appointed as President and Chief Executive Officer at Ascent Solar Technologies, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On May 1, 2023, the Company’s board of directors appointed Paul Warley as the Company’s President and Chief Executive Officer.

View on SEC.gov

Ascent Solar Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001079973-23-000598

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