Executive Chairman, Titomic
| Role | Organisation | Sources |
|---|---|---|
| Director | Titomic | @AuManufacturing |
| Executive Chairman | Titomic | Dealroom, @AuManufacturing (Sun 20 Oct 2024), @AuManufacturing (Mon 14 Oct 2024), @AuManufacturing (Wed 18 Nov 2020), @AuManufacturing (Wed 1 Jul 2020) |
Stories naming Dag W.R. Stromme. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Cold spray manufacturer Titomic has locked in A$16.5 million via a share placement, funding expansion at its Alabama plant and a planned shift of corporate domicile to the United States.
Weekly roundup of five popular stories: a Victorian hydrogen plant groundbreaking, Titomic's CEO change and $30 million raise, a defence laser contract, a WA shipbuilding precinct, and Civmec's framework to take over Luerssen Australia.
Also @AuManufacturing
Titomic is handing its top job to aerospace veteran Jim Simpson: the incumbent CEO leaves at year's end, the chairman goes executive, and brokers are reportedly lining up investors for a raise.
Titomic appoints Norbert Schulze interim CEO while founder Jeff Lang shifts to executive director and CTO, completing a year of board and senior leadership changes including a new chairman and directors.
Titomic names Andreas Schwer chairman after Philip Vafiadis resigned, with Dag Stromme and Humphrey Nolan also joining the board; founder Jeff Lang welcomes Schwer's defence and aerospace background.
Titomic's chairman Philip Vafiadis retires, founder Jeff Lang becomes interim executive chairman, and Dag Stromme and Humphrey Nolan join the board, with Vafiadis remaining as strategic advisor under a two-year agreement.