On September 18, 2026, Solidion Technology, Inc. (NASDAQ: STI) announced an update to its Board of Directors' leadership structure. The Company reported that effective September 16, 2026, Chief Executive Officer Jaymes Winters was appointed to also serve as Chairman of the Board, combining the roles of Chairman and CEO.
In a separate appointment, the Board named Mark N. Schwartz as Lead Independent Director, effective September 16, 2026. Mr. Schwartz is described as an accomplished CEO, CFO, and board director with over 36 years of leadership experience across the consumer, technology, and healthcare sectors. His background includes co-founding Bodega Latina Corporation, leading the IPO of DD Group plc, and serving on the board of Starbucks Coffee Company.
The Company stated that the updated leadership structure is intended to centralize and align strategic direction, corporate governance, and business operations. The Board expressed appreciation to Dr. Bor Jang for his service as former Chairman and noted that he remains a valued Director on the Board.
Regarding the Company's business, Solidion is headquartered in Dallas, Texas, with pilot production facilities in Dayton, Ohio. Its core business includes manufacturing battery materials and components, as well as developing next-generation batteries for energy storage systems, including UPS systems for the artificial intelligence data center market and electric vehicles.
