Crown Announces Leadership Change
March 26 2025 - 9:00AM
Crown Electrokinetics Corp. (OTC: CRKN)
("Crown" or the "Company”), a leading provider of
innovative technology infrastructure solutions that benefit
communities and the environment, today announced that Andrew “Andy”
Mayer, President of Construction, has submitted his resignation,
effective Tuesday, March 25, 2025.
“We thank Andy for his time at Crown and wish him all the best
in his future endeavors,” said Doug Croxall, CEO and Chairman,
Crown. “Crown remains focused on executing across all areas of our
diversified business. Our Smart Windows, Fiber Optics, Water
Service Lines, and Water Intake Solutions businesses continue to
move forward with great purpose. We will provide an update on the
leadership structure and progress within the Crown Construction
division at a future date.”
Crown remains committed to delivering long-term value by driving
innovation across its critical infrastructure businesses.
About CrownCrown is an innovative
infrastructure solutions provider dedicated to benefiting
communities and the environment. Operating across multiple
businesses – Smart Windows, and Construction – Crown is developing
and delivering cutting edge solutions that are challenging the
status quo and redefining industry standards. For more information,
please visit www.crownek.com.
Forward Looking StatementsCertain statements in
this news release may be "forward-looking statements" (within the
meaning of Section 27A of the Securities Act of 1933, Section 21E
of the Securities Exchange Act of 1934 and the Private Securities
Litigation Reform Act of 1995) regarding future events or Crown’s
future financial performance that involve certain contingencies and
uncertainties, including those discussed in Crown’s Annual Report
on Form 10-K for the year ended December 31, 2023, and subsequent
reports Crown files with the U.S. Securities and Exchange
Commission from time to time, in the sections entitled
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” . Forward-looking statements include, but
are not limited to, statements that express our intentions,
beliefs, expectations, strategies, predictions, or any other
statements relating to our future activities or other future events
or conditions. These statements are based on current expectations,
estimates and projections about our business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and are likely to, differ materially from
what is expressed or forecasted in forward-looking statements due
to numerous factors. Any forward-looking statements speak only as
of the date of this news release and Crown Electrokinetic
Corporation undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
news release.This press release does not constitute a public offer
of any securities for sale. Any securities offered privately will
not be or have not been registered under the Act and may not be
offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
For more information, please contact:
Investor Relations ir@crownek.com
Public Relations pr@crownek.com
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