Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Azenta appoints board member Martin Madaus interim CEO as John Marotta exits

Taiwan-based ProLogium has announced the appointment of Antony Sheriff, CEO of Rimac Group, to its board of directors. This move comes following the pending business combination with Translational Development Acquisition Corp. (NASDAQ:TDAC). Sheriff, who has been leading Rimac Group since 2024, oversees the development of electric vehicle technologies and brings over 40 years of leadership experience in the automotive and advanced manufacturing sectors.

Prior to Rimac Group, Sheriff served as CEO of McLaren Automotive, where he spearheaded the development of various road-car models. His board experience also includes positions at Rivian Automotive, Aston Martin Lagonda, and Pininfarina. ProLogium, known for manufacturing lithium ceramic batteries and holding over 1,200 patents, is gearing up for a public listing on NASDAQ under the ticker PRLG.

The company's Taoke Gigafactory in Taoyuan, Taiwan, and its upcoming facility in Dunkirk, France, are set to significantly boost its production capacity by 2030.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at seekingalpha.com →

More in Finance & Markets

More from Monday 24 August →