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NWTN ( (NWTN) ) just unveiled an announcement.
On May 9, 2025, NWTN Inc. announced the resignation of Mr. Alan Nan Wu as CEO, effective May 13, 2025, with no disagreements cited. Mr. Wu will continue as Executive Chairman of the Board. Benjamin Bin Zhai has been appointed as the new CEO, transitioning from his role as Non-Executive Director. Mr. Zhai’s extensive experience in global executive roles positions him well for this leadership role. His appointment is accompanied by a four-year employment contract with ICONIQ Green Technology FZCO, including a substantial equity incentive plan tied to performance metrics. This leadership change is expected to strengthen NWTN’s strategic direction and operational efficiency.
More about NWTN
NWTN Inc. operates in the technology sector, with a focus on green technology solutions. The company is based in Dubai, UAE, and engages in various innovative technological services through its subsidiary, ICONIQ Green Technology FZCO.
Average Trading Volume: 580,223
Technical Sentiment Signal: Sell
Current Market Cap: $175.6M
See more data about NWTN stock on TipRanks’ Stock Analysis page.
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