Investorideas.com

Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS




Share on StockTwits

Cleantech / Cryptocurrency Stock News: Mechanical Technology, Incorporated (OTC Pink: $MKTY) President/CEO Resigns

 

ALBANY, N.Y. - August 25, 2020 (Investorideas.com Newswire) Mechanical Technology, Incorporated ("MTI" or the "Company"), a publicly traded company (OTC Pink: MKTY) headquartered in Albany, New York, announces that Mr. Rick Jones has notified the MTI Board that he will be resigning from his position as President and Chief Executive Officer effective September 11, 2020.

"Since undertaking the combined role of President, CEO and CFO in January 2017, I am incredibly proud of the accomplishments we have achieved here at MTI, including the current three-year stretch of profitability, the first ever cash dividend to our shareholders and the most recent record-setting orders activity at our MTI Instruments subsidiary," said Mr. Jones. "After nearly 28 years with the Company, it is now time for me to move on to the next opportunity in my career and I leave MTI on solid footing, with a healthy cash balance, a record orders backlog and the support of an amazing team dedicated to the continuing success of the organization. I would like to thank the MTI Board of Directors – both current and past members – for all the guidance and support over the years and I look forward to following the future growth of MTI!"

The Company will announce a new President/CEO at a later date.

Please visit https://www.mechtech.com under News & Events.

About MTI

MTI is the parent company of MTI Instruments, Inc. and EcoChain, Inc. Through MTI Instruments, MTI is engaged in the design, manufacture and sale of test and measurement instruments and systems that use a comprehensive array of technologies to solve complex, real world applications in numerous industries, including manufacturing, electronics, semiconductor, solar, commercial and military aviation, automotive and data storage. Through EcoChain, MTI is developing a pilot cryptocurrency mining facility powered by renewable energy that integrates with the bitcoin blockchain network. For more information about MTI, please visit https://www.mechtech.com.

Contact Information:

Lisa Brennan
518-218-2592
lbrennan@mtiinstruments.com


More Info:


Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp


That's all it takes to get an article published on Investor Ideas - Learn More





RenewableEnergyStocks.com: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks

Buy a renewable energy guest post on Investorideas.com