Expion360 CFO Aydelott resigns

Expion360 (XPON) announced the resignation of Greg Aydelott, Chief Financial Officer of the company, effective December 31, 2024, due to family health concerns. Aydelott intends to remain available to the company on an ongoing basis as a consultant to ensure a smooth transition. The company’s Board of Directors has appointed the company’s Chief Executive Officer, Brian Schaffner, as interim Chief Financial Officer, and Principal Financial and Accounting Officer, effective December 31, 2024, and is conducting a search process to identify a new CFO. Schaffner previously served as the CFO of Expion360 from March 2021 through January 2023. “On behalf of our Board of Directors, leadership team and employees, I would like to thank Greg for his outstanding service and commitment over the past three years,” said Mr. Schaffner. “He has made significant contributions to Expion360’s success, including managing our growth, strengthening our balance sheet, enhancing our planning and budgeting process, and overseeing investments in new technologies and batteries.”