Meta Materials Inc. announced that its Board of Directors has appointed Mr. Jim Fusaro as Chief Executive Officer, effective immediately. George Palikaras has been removed as President and CEO and is no longer with the Company. Mr. Fusaro is a business leader with 35 years of experience in solar, semiconductor, advanced materials, and aerospace.

He brings significant experience and success leading large change management initiatives and developing and implementing strategies to transform businesses and to drive value. Mr. Fusaro has led a number of large-scale global businesses, including serving as CEO of Array Technologies Inc. from 2018 to 2022. During his tenure with Array, he led a return to growth and profitability, took the company public in 2020 in the largest solar IPO of that year, raised substantial additional capital, and acquired STI Norland in 2022, making Array a global leader in utility scale solar trackers.

Prior to joining Meta Materials, Mr. Fusaro held leadership positions at Nanostone Water, Avnet, Honeywell, and Amkor Technology. He served as CEO of Nanostone Water and while at Avnet he was the SVP of IOT Business. During his time with Honeywell he served as President, Advanced Materials, Vice President Honeywell Operating System, and Vice President & GM, Mechanical Subsystems. At Amkor, Mr. Fusaro was Executive Vice President, Assembly & Test Business, and served in several other global management roles.

Mr. Fusaro holds a Master of Science in Mechanical Engineering from Rensselaer Polytechnic Institute and a Bachelor of Science in Mechanical Engineering from Arizona State University.