Halio appointed Doug Schendt, pictured, as its new CEO. He replaces former CEO Bruce Sohn, who retires after three years in the role. Photo courtesy of Halio.

Halio appointed Doug Schendt as its new CEO. He replaces former CEO Bruce Sohn, who retires after three years in the role. Halio officials say the company also received around $70 million in funding from SKC Ltd., a South Korea-based materials solutions company.

Sohn says the money enabled Halio to “accelerate innovation in our smart glass technology and expand our reach in key markets like Asia, Europe and the Middle East.

“This is an incredibly exciting time for Halio,” he adds. “I’m proud of what we’ve accomplished and am confident that with Doug as CEO, the company is in great hands to continue our mission and bring our products to customers globally.”

Officials say the funding will help Halio develop glass technology focusing on energy savings and environmental impact.

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