The Board of Directors of Volt Carbon Technologies Inc. appointed V-Bond Lee, P. Eng, to the role of President, and Chairman of the Board in Dr. Pfaffenberger's place. V-Bond Lee and Dr. Pfaffenberger have worked extremely closely since 2020 to steer the company and this appointment will ensure the company is managed by a proven results driven leader. V-Bond is a Professional Engineer with 30 years of leading edge product development and management experience.

During his career, he has successfully developed, patented and commercialized new innovations and technologies for various multi-national OEM companies. V-Bond is the Founder of Advanced Mobility Products Inc., a highly successful engineering firm providing niche engineering services in development of drivelines and electrification. In 2019, V-Bond joined Volt Carbon and has been in the Chief Technology Officer role since Sept 2021.