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Desert Control Announces Leadership Transition with New CEO Appointment

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Desert Control AS ( (DE:8KT) ) has provided an announcement.

Desert Control AS has announced a leadership transition with Ole Kristian Sivertsen stepping down as CEO, to be succeeded by James E. Thomas. Thomas, a seasoned executive with extensive experience in private equity and deep-tech industries, is expected to drive the company’s next phase of growth, particularly in the United States and the Middle East, reinforcing its commercial momentum and strengthening its foundation for long-term growth and value creation.

More about Desert Control AS

Desert Control is a company focused on developing innovative solutions to enhance soil health, conserve water, and promote ecosystem resilience. Their mission is to combat desertification, soil degradation, and water scarcity through their patented Liquid Natural Clay (LNC), which transforms sandy soils to retain water and nutrients, thereby improving soil health, crop yields, and ecosystem vitality.

YTD Price Performance: 25.24%

Average Trading Volume: 13,366

Technical Sentiment Signal: Hold

Current Market Cap: €30.12M

For an in-depth examination of 8KT stock, go to TipRanks’ Stock Analysis page.

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