Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has announced a forthcoming organizational change to support the company's growth. CEO Brian Tenner will be leaving the company to pursue new opportunities after leading it through a period of significant change and delivering financial stability. The Board and Tenner have agreed that he will stay in his role until a successor is appointed, providing a period of handover and consultation.

The company is currently conducting a search for a new CEO with a proven track record of commercial success in the sector. Chris Richards, who was set to step down as chairman, has committed to staying in his role to provide continuity until a new CEO is in place.

Christopher Richards, Chairman of Nanoco Group plc, expressed gratitude to Brian for leading the business through challenging times and achieving significant milestones, including the settlement of litigation with Samsung. Brian Tenner, CEO of Nanoco Group plc, expressed his honor in leading the talented team at Nanoco and building the business for six years.

Nanoco Group plc specializes in the production of patented cadmium-free quantum dots and other nanomaterials for use in the electronics industries. The company continues to build a world-class, patent-protected IP portfolio and scale production for commercial orders. Nanoco's CFQD® quantum dots are free of cadmium and other toxic heavy metals, making them useful for a wide range of display applications. Additionally, Nanoco's HEATWAVE™ quantum dots can be tuned for applications including cameras and image sensors.

The company's future CEO will be able to focus on further developing the company's commercial traction and building on the strong foundation established by Tenner. For further information, interested parties can contact Nanoco Group plc.