Avalon GloboCare Corp. (NASDAQ: ALBT) announced the appointment of Sam Knipper as Chief Financial Officer, effective June 1, 2026, according to a company statement.

Knipper replaces Luisa Ingargiola, who served as CFO since February 2017 and will transition to Chief Strategy Officer to support strategic initiatives and capital markets activities.

The new CFO brings experience in financial reporting, capital markets, and SEC compliance across emerging growth companies and public company environments. He most recently served as an outsourced CFO for a private AI company through Brio Financial Group, where he worked on IPO readiness initiatives, audit compliance, and a $40 million equity financing transaction.

Knipper previously held finance and accounting positions at Calabrese Consulting, Cantor Fitzgerald, and KPMG. He holds a Bachelor of Science in Business Administration & Accounting and a Master of Accountancy from Rider University.

"His strong background in finance, capital markets, and emerging growth companies, particularly his recent experience supporting a private AI company through complex strategic and financing initiatives, should be highly valuable as Avalon advances its growth strategy," said Meng Li, Avalon's Interim Chief Executive Officer and Chief Operating Officer.

Avalon GloboCare describes itself as a technology-innovation company developing products and services for consumer health and technology markets. The company operates through its subsidiary Avalon Quantum AI LLC, which develops AI systems including automated video generation and workflow automation solutions. The company also distributes the KetoAir breathalyzer device in North America.