Helix Wind Replaces CEO

San Diego’s Helix Wind (NASDAQ OTC Bulletin Board: HLXW), which makes vertical-axis wind turbines, today named Scott Weinbrandt, the president and board chairman, to replace co-founder Ian Gardner as CEO. Gardner also resigned from the company’s board, along with another director, Gene Hoffman. In its statement, Helix Wind also says it also has been in discussions with an investor to complete a financing of up to $1 million to be used for general working capital needs and for professional fees.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

Trending on Xconomy