American Battery Technology (ABAT) has issued an announcement.
American Battery Technology Company has announced the appointment of Steven Wu as the new Chief Operating Officer, starting September 16, 2024. Wu brings extensive experience from high-profile companies in the automotive and tech industries, such as Rivian and Apple, and is expected to drive operational efficiency and scale up the company’s battery materials manufacturing technologies. He will be compensated with a $300,000 base salary, potential bonuses, and stock options. This change follows the resignation of the former COO, Andrés Meza, who left amicably and will receive severance benefits in line with his release agreement.
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