Cool Technologies, Inc. Announces Chief Financial Officer Changes
April 13, 2023 at 12:01 pm EDT
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On April 9, 2023, the Board of Directors of Cool Technologies, Inc. removed Quentin Ponder from his position as Chief Financial Officer of the Company due to an unexpected illness. On April 9, 2023, CoolTech's Board of Directors appointed Judson Bibb interim Chief Financial Officer of the Company effective immediately. Mr. Bibb currently serves as Vice President and Secretary of the Board -- positions he has held with the Company since 2012.
Cool Technologies, Inc. is engaged in the designing and development of its technologies. The Companyâs core technologies are thermal dispersion and mobile power generation. Thermal dispersion technologies deliver liquid-cooled results for rotating equipment, multi-plate clutches, brakes and rotors without the use of liquid. Mobile power generation is a patent pending in-chassis system that outputs electrical power in amounts equal to or greater than skid-mounted generators or tow-behind generators from a package. The Company offers its products in the consumer, industrial and military markets, both in the United States and worldwide. Its initial target markets include those involved in moving materials and moving people, such as Motors/Generators, Mobile auxiliary power, Water purification and desalination, Electric vehicle charging, Compressors, Turbines (Wind, Micro), Bearings and other.