Quantum Blockchain Technologies PLC (AIM:QBT) has announced the appointment of Peter Fuhrman as a non-executive director with immediate effect, and said trading in the company’s shares will resume today.
The company noted that Fuhrman has extensive experience in the high-tech, semiconductor, financial and investment industries. He is currently the Chairman and CEO of China First Capital, which advises and invests in the technology sector with expertise in China’s semiconductor industry, advanced manufacturing, robotics, precision automation, nano-positioning and photonics, among others.
In a statement, Francisco Gardin, CEO and Executive Chairman of Quantum Blockchain, commented: “I have known Peter for some time and I have always been impressed by his views on technology and its economic impact. I believe that Peter’s appointment to the Board will have a strong positive impact, not only because of his experience, but also because of his vast network that he has developed over 30 years of international business in the US, Europe and China.”
Fuhrman is also a strategic adviser on advanced technology and market expansion to the board and chairman of one of China’s largest listed high-tech manufacturing companies and to one of Germany’s largest semiconductor technology companies. He was previously CEO of Los Angeles-based Awareness Technologies, a cloud-based enterprise security software company (which he successfully sold in 2008) and head of Europe for publisher Forbes Inc.
Fuhrman graduated summa cum laude with a bachelor’s degree in Chinese history from Tufts University in 1980, and with a master’s degree in international relations from Cambridge University in 1985. He did graduate studies at Nanjing University and as a Yale-in-China Fellow at the Chinese University of Hong Kong.
In addition to the appointment of Fuhrman, the company said it has committed to appointing an additional non-executive director to the board within the next three months. Further announcements on such appointment will be made in due course, it added.
Following the appointment of Fuhrman, trading in the company’s AIM-listed securities will resume with effect from 07.30 on 12 September 2022.
Quantum Blockchain ordinary shares were suspended in August as a result of the company having only one director (Francesco Gardin) and therefore unable to comply with the Companies Act’s requirement to have at least two directors.
