SharonAI Holdings Appoints Co-Founder James Manning as CEO

An announcement from SharonAI Holdings ( (SHAZ) ) is now available.

On January 22, 2026, SharonAI Holdings Inc. announced that Chief Executive Officer and director Wolfgang Schubert resigned from both roles and terminated his employment agreement under a separation deal that grants him 318,240 restricted stock units and a continuing consulting role paid in stock and monthly fees; the company emphasized that his departure did not stem from any dispute or concerns over performance, and he will remain involved as Country Manager – USA to support U.S. development and Asia-Pacific sales opportunities. Effective January 23, 2026, co-founder, non-executive chairman and major shareholder James Manning was appointed Chief Executive Officer under a new employment agreement that provides a base salary of AUD$200,000 plus incentive eligibility, adding to his existing consulting arrangement for data center site development and strategic advisory services, a move that consolidates leadership around an executive with deep experience in digital infrastructure and high-performance compute and is intended to sharpen the company’s focus on its core Neocloud operations following the sale of its interest in Texas Critical Data Centers.

More about SharonAI Holdings

SharonAI Holdings Inc., which trades on the OTC Markets as SHAZ and SHAZW, is an Australian-based “Neocloud” and high-performance computing company focused on artificial intelligence and cloud GPU compute infrastructure. Through its cloud GPU platform and related data center operations, the group targets the build-out of AI factories and sovereign AI solutions, supplying scalable, high-performance compute capacity to research and enterprise customers, particularly across the Asia-Pacific region.

Average Trading Volume: 37

Technical Sentiment Signal: Sell

Current Market Cap: $13.02K

See more insights into SHAZ stock on TipRanks’ Stock Analysis page.