Crown Electrokinetics Corp, a smart glass technology company that has developed and is commercializing patented thin-film solutions, announced the appointment of Joel Krutz as chief financial officer (CFO), effective June 21. Krutz succeeds Phil Anderson, who has decided to pursue new opportunities.
“We are pleased to have Joel Krutz join Crown’s leadership team as chief financial officer. As we diligently prepare to commence sales and rollout our DynamicTint Smart Glass Inserts, we look forward to Joel’s guidance and support during this crucial time of operational change for Crown. Joel has extensive expertise across strategic financial functions and operations where he built and optimized financial infrastructure. I look forward to Joel making an impact by driving our strategic initiatives and leading the finance and accounting functions,” said Doug Croxall, Crown chairman and CEO.
“On behalf of the board of directors and management team, we would like to thank Phil Anderson for his tireless hard work and significant contributions to Crown as we transitioned to a Nasdaq listed company. Also, we look forward to our continued relationship with Phil as he remains a consultant for Crown working on a few specific projects,” said Croxall.
Joel Krutz is an experienced executive in finance and operations, with a history in building and developing financial reporting. He had served as CFO for ViacomCBS Networks International (VCNI) since 2015. Prior to his role as CFO of VCNI, Krutz held a number of progressive London and New York based CFO and senior strategic finance roles for Viacom where he built and developed financial infrastructure to support businesses through a range of rapid growth, turnaround, and portfolio optimization challenges.
Originally from New Zealand, he received a Bachelor of Management Studies with an accounting major from Waikato University, obtained his professional CIMA qualification from the U.K.’s Association of Chartered Management Accountants and CTAMU certification from Harvard Business School’s Executive program.
“The opportunity to join Crown at this exciting stage to help Doug and the team build a business that can significantly reduce carbon emissions and create immense shareholder value, is rare indeed. It’s an honor to be joining such a talented team and high potential business in the rapidly developing smart glass market,” said Krutz.