Akoustis Appoints Michelle L. Petock, CEO of W Greig & Company, to its Board of Directors

Charlotte, N.C., March 23, 2023 (GLOBE NEWSWIRE) -- Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has appointed Michelle L. Petock as a new member of its board of directors. The appointment brings the total number of board members to eight. Ms. Petock will serve on the Strategic Development Committee and the Audit Committee of the Company’s board of directors.

Jerry Neal, co-Chairman of the board, stated, “Ms. Petock is a welcome addition to our board given her extensive accomplishments in finance, operations, tax and corporate law. Her substantial knowledge, experience and leadership will be significant assets to the Akoustis board and management team.”

Michelle L. Petock has 25 years of legal, tax, investment banking, hedge fund, and investment management experience in both the United States and the United Kingdom. Ms. Petock currently serves as the Chief Executive Officer of W Greig & Company, an investment platform which invests and manages the capital of a single-family office. Ms. Petock has served in this role since May 2017 and is responsible for sourcing and performing due diligence for investment opportunities, allocating capital, and managing a portfolio of private equity, private credit, venture, real estate, and commodity related investments. Ms. Petock previously served as the Chief Operating Officer of Datum 9 Analytics LLC, an SEC-registered investment management firm which offered hedge fund investment opportunities to institutions and qualified clients. Ms. Petock has also worked at both Morgan Stanley and Citigroup, where she was a trader on the Global Structured Products and the Global Capital Structuring desks. A corporate tax lawyer by training, Ms. Petock also spent many years practicing law in the tax group at Shearman & Sterling LLP and in the international and cross-border transactions group at Holland & Knight LLP, where she focused on the taxation of financial products and cross-border structured finance. Ms. Petock earned a bachelor’s degree, cum laude, from the University of Pennsylvania and a Juris Doctorate, summa cum laude, from the George Washington University Law School.