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Janus Electric Reshapes Board to Steer Next Phase of Zero-Emission Truck Growth

Story Highlights
  • Janus Electric’s chairman and a non-executive director resigned after taking demanding US-based executive roles.
  • The company promoted Tony Fay to chairman and added Saurabh Jain, strengthening leadership for expansion of its truck electrification model.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Janus Electric Reshapes Board to Steer Next Phase of Zero-Emission Truck Growth

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ReNu Energy Limited ( (AU:JNS) ) just unveiled an update.

Janus Electric Holdings has announced a reshuffle of its board, with Chairman Dennis Lin and Non-Executive Director Kristy Carr resigning after accepting executive roles at a US-based company that limit their capacity to serve the Australian group. The company has elevated existing director and Audit and Risk Committee chair Tony Fay to Non-Executive Chairman and appointed technology and SaaS specialist Saurabh Jain as a new Non-Executive Director, leaving the board comprised of Fay, Jain and Managing Director Ben Hutt. The changes install a leadership team with deep experience in financial markets, technology commercialisation and energy, which is expected to support Janus Electric’s next phase of growth as it seeks to broaden adoption of its battery swapping model in the heavy transport industry.

More about ReNu Energy Limited

Janus Electric Holdings Limited is an Australian innovator in heavy vehicle electrification, providing a turnkey, zero‑emission solution for the freight and logistics sector. Its offering spans a patented battery swap platform, truck conversion kits, charging infrastructure and integrated fleet management software, supported by a Central Coast production facility that underpins operations across New South Wales, Victoria, Queensland, South Australia and Western Australia.

YTD Price Performance: 32.73%

Average Trading Volume: 784,460

Technical Sentiment Signal: Sell

Current Market Cap: A$7.61M

See more data about JNS stock on TipRanks’ Stock Analysis page.

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