Sintx Technologies Names CEO Eric Olson Chairman, Succeeding Sonny Bal; Stock Down

(RTTNews) - Sintx Technologies, Inc. (SINT), an advanced ceramics firm for medical device and technical applications, announced Monday the appointment of Eric Olson, the company's Chief Executive Officer, as its new Chairman, effective immediately.

Olson succeeds Sonny Bal, who has retired as Chairman of the Board. He has served as Chairman since 2015. Bal will continue to support the company as a member of the Board of Directors, ensuring continuity as Sintx executes on its strategic objectives.

The company noted that Olson, since being appointed CEO in August 2024, has refocused the firm on high-growth opportunities in biomedical and medical device applications.

Olson said, "As we move into the next phase of execution, I am excited to lead the Company in advancing our commercial strategy, optimizing our asset portfolio.."

In pre-market activity on the Nasdaq, Sintx shares were losing around 6.1 percent to trade at $3.2100.