Liquidmetal Technologies Inc (LQMT)

[Jharty]

This is the OTC that you posted and when you read the last sentence Professor Li will stay on as the Company’s Chairman.
Now the last time I looked Chairman of the Company’s Board of Directors is not the same as CEO or President.

A chair is an executive elected by a company's board of directors who is responsible for presiding over board or committee meetings. A chair often sets the agenda and has significant sway as to how the board votes.

A chief executive officer (CEO) is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate operations and being the public face of the company. A CEO is elected by the board and its shareholders.

The President does day-to-day EXECUTION of the strategy while a CEO the boss sets the vision and the strategy. The highest job is that of a CEO.


Liquidmetal Technologies Announces Changes to Management Structure
Press Release | 07/09/2021
Liquidmetal® Technologies, Inc. (OTCQB: LQMT) (the “Company”), a leading developer of amorphous alloys and composites, today announced that Professor Lugee Li, Chairman of the Company’s Board of Directors, has resigned as CEO and President. Citing the company’s readiness for the next phase of its development and the ongoing restrictions on international travel, Professor Li reiterated his support for the Company and its management team. Following Professor Li’s resignation, the Board of Directors appointed Mr. Tony Chung as Interim CEO, and Mr. Isaac Bresnick as President. Mr. Chung will take responsibility for the strategic direction of the Company, while Mr. Bresnick will take responsibility for its day-to-day operations and customer service. Professor Li will stay on as the Company’s Chairman.