ALBANY, N.Y., Aug. 24, 2020 /PRNewswire/ — Mechanical Expertise, Included (“MTI” or the “Firm”), a publicly traded firm (OTC Pink: MKTY) headquartered in Albany, New York, declares that Mr. Rick Jones has notified the MTI Board that he shall be resigning from his place as President and Chief Govt Officer efficient September 11, 2020.
“Since endeavor the mixed position of President, CEO and CFO in January 2017, I’m extremely pleased with the accomplishments we now have achieved right here at MTI, together with the present three-year stretch of profitability, the primary ever money dividend to our shareholders and the latest record-setting orders exercise at our MTI Devices subsidiary,” mentioned Mr. Jones. “After almost 28 years with the Firm, it’s now time for me to maneuver on to the subsequent alternative in my profession and I depart MTI on strong footing, with a wholesome money stability, a document orders backlog and the help of an incredible group devoted to the persevering with success of the group. I wish to thank the MTI Board of Administrators – each present and previous members – for all of the steerage and help over time and I stay up for following the longer term development of MTI!”
The Firm will announce a brand new President/CEO at a later date.
Please go to https://www.mechtech.com below Information & Occasions.
MTI is the father or mother firm of MTI Devices, Inc. and EcoChain, Inc. By means of MTI Devices, MTI is engaged within the design, manufacture and sale of take a look at and measurement devices and techniques that use a complete array of applied sciences to unravel complicated, actual world functions in quite a few industries, together with manufacturing, electronics, semiconductor, photo voltaic, business and navy aviation, automotive and knowledge storage. By means of EcoChain, MTI is creating a pilot cryptocurrency mining facility powered by renewable vitality that integrates with the bitcoin blockchain community. For extra details about MTI, please go to https://www.mechtech.com.
SOURCE Mechanical Expertise, Included