Trutankless, Inc. Announces Chief Executive Officer Changes
April 04, 2024 at 10:27 pm
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On April 2, 2024, Michael Stebbins submitted to the Board of Directors of Trutankless, Inc. his resignation as an officer and director the Company. On the same day, the company appointed Mr. Guy Newman to serve as Chief Executive Officer of the Company. Mr. Newman, age 59, has over thirty-five (35) years of experience in financial markets and he excels in nurturing early-stage companies, driving product development and implementing sound product to market strategies.
Between 2016 and 2021 he was instrumental in the development, distribution, and marketing of Twin Vee PowerCats Co.?s new line of catamarans and aided the initial trading of the Twin Vee?s shares on the Nasdaq exchange. Mr. Newman graduated from Marlborough College in England in 1983.
Trutankless, Inc. operates through its subsidiary, Bollente, Inc. The Company is involved in sales, marketing, research and development of whole-house, smart electric tankless water heaters. Its trutankless water heaters are designed to provide an endless hot water supply as they are designed to heat water as it flows through the system. The Companyâs trutankless water heaters are available through wholesale plumbing distributors, including Home Depot Pro, Ferguson, Hajoca, WinSupply locations, Morrison Supply, and several regional distributors. Through its app, residential and commercial users can obtain real-time status reports, adjust unit temperature settings, view water usage data, and change notification settings from anywhere in the world on their mobile device. Home.trutankless.com is available as a service to consumers of trutankless water heaters. The Company's primary markets include Florida, Texas, Arizona, and the rest of the Sunbelt region.