Advent Technologies (ADN) Terminates CEO for Cause

On October 24, 2024, the Board of Directors (the “Board”) of Advent Technologies (NASDAQ: ADN) approved the termination of the employment of Vassilios Gregoriou, the Chief Executive Officer, Acting Chief Financial Officer, for cause, effective immediately.

Further to the said termination, in connection with Mr. Gregoriou’s termination, the Company’s board of directors appointed Mr. Gary Herman, who is currently serving as the Company’s Class I Director, to the additional role of interim chief executive officer, effective immediately, until a new Chief Executive Officer is appointed. Information regarding Mr. Herman’s age, background, and experience is incorporated by reference to the Company’s Current Report on Form 8-K filed on September 4, 2024.

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