Expion360 Inc. (XPON), a lithium battery storage manufacturer, Tuesday announced that Brian Schaffner, its chief executive officer and Paul Shoun, President and Chairman of the Board, have both stepped down from their respective roles.
Joseph Hammer replaced both their roles in the company on October 16.
Hammer has over 20 years of experience as a financial executive and was most recently the Chief Investing Officer at LHX Corp., a family office service company.
In premarket activity, XPON shares are trading at $1.37, up 0.74% on the Nasdaq.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.