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 was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow

• Share on Facebook
• Share on Twitter
• LinkedIn
• Email
• Reprints

Trending on Xconomy

• Deeper Dive: Amarin Fish-Oil Study Gives Eager Doctors More to Ponder
• CEOs and Scientific Founders: Tips for a Long and Successful Marriage
• Eyeing $500M, Moderna Outlines Plans for Biotech’s Biggest IPO Ever