Akoustis Technologies, Inc. announced that it named John T. Kurtzweil as chief financial officer. Mr. Kurtzweil replaces Cindy Payne, who will remain with the company as its vice president of finance and corporate controller. Concurrent with his appointment as CFO, Mr. Kurtzweil has resigned as a director on the company.

Kurtzweil brings to the company significant senior-executive leadership and financial experience, including 19-years as the CFO of publicly-traded technology companies, as well as the placement of an aggregate $1.9 billion in equity and debt-financing instruments. He was previously VP Finance at Cree, Inc. In addition, he served as CFO of Wolfspeed. John currently serves on the Board of Directors of Axcelis Technologies.