NANOPHASE TECHNOLOGIES CORPORATION (OTCMKTS:NANX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
On December 3, 2019, Nanophase Technologies Corporation (the “Company”) approved changes in responsibilities and corresponding changes in title of certain officers. The title of Chief Financial Officer was added for Jess Jankowski, the Company’s President, Chief Executive Officer, Secretary and Treasurer. This change was made to reflect Mr. Jankowski’s assumption on an indefinite basis of responsibilities as the Company’s principal financial officer and principal human resources officer. In addition to his responsibilities as President, Chief Executive Officer, Secretary and Treasurer, Mr. Jankowski has served as the Company’s principal financial officer on an interim basis since April 5, 2019. The Company changed the title of Kevin Cureton to Chief Operating Officer from Chief Commercial Officer. This change was made to reflect a change in reporting structure for the Company’s manufacturing and engineering organizations, which will report to Mr. Cureton, who will direct the Company’s operations, research & development and sales & marketing functions. Biographical information regarding Messrs. Jankowski and Cureton was disclosed in Part III, Item 10 of the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2018, which was filed with the Securities and Exchange Commission on April 4, 2019. Such biographical information regarding Messrs. Jankowski and Cureton is incorporated into this Item 5.02.
About NANOPHASE TECHNOLOGIES CORPORATION (OTCMKTS:NANX)
Nanophase Technologies Corporation is a materials and applications developer and commercial manufacturer with an integrated family of materials technologies. The Company produces engineered nano and sub-micron materials for use in a range of markets, including personal care, including sunscreens, architectural coatings, industrial coating applications, abrasion-resistant additives, plastics additives, medical diagnostics, energy, and a range of surface finishing technologies (polishing) applications, including optics. The technologies are designed to offer nanomaterial solutions for a targeted market or a specific customer application. The Company’s nanomaterials platform includes over two distinct manufacturing processes (Plasma Vapor Synthesis (PVS) and NanoArc Synthesis (NAS)) to make nanomaterials or nanoparticles. The Company’s products include Aluminum Oxide, Antimony Tin Oxide, Bismuth Oxide, Cerium Oxide, Iron Oxide and Zinc Oxide.