TLDRSTI stock surges 10.13% to $7.50 during late-morning trading Monday.CEO Jaymes Winters adds the Chairman role under Solidion’s board shakeup.Mark Schwartz becomes Lead Independent Director to support board oversight.Former Chairman Bor Jang remains a director following the leadership change.Solidion holds over 385 patents covering advanced battery technologies.Solidion Technology (STI) stock surged 10.13% to $7.50 during late-morning trading, extending its recovery from earlier session lows. The move came as Solidion announced changes to its board leadership structure. Chief Executive Officer Jaymes Winters has also taken the Chairman role as the company aligns management with strategic priorities.Solidion Technology Inc., STIJaymes Winters Takes Chairman Role at Solidion TechnologySolidion Technology appointed Winters as Chairman of the Board, effective September 16, while he continues serving as Chief Executive Officer. The combined position places corporate strategy and daily execution under the same executive leader. Solidion said the structure aims to strengthen alignment between its governance, operations, and broader business priorities.Winters brings more than 15 years of chief executive experience across telecommunications, energy, and retail businesses. Before joining Solidion, he served as CEO of special purpose acquisition company Nubia Brand International. He also founded United Energy, which expanded to nearly $100 million in revenue under his leadership.His previous experience includes directing mergers and acquisitions involving private equity firms and other corporate parties. Winters also spent more than nine years teaching business subjects at Portland State University. His academic work covered business strategy, venture capital, and mergers and acquisitions.Solidion Names Mark Schwartz Lead Independent DirectorSolidion also appointed independent director Mark N. Schwartz as Lead Independent Director, effective September 16. The position gives the board an independent leadership role alongside Winters’ combined Chairman and CEO responsibilities. Schwartz will work with board members while supporting independent oversight of the company’s leadership.Schwartz brings more than 36 years of executive and board experience across technology, healthcare, and consumer businesses. He co-founded Bodega Latina Corporation, which developed into a multibillion-dollar grocery business. He also led DD Group’s public listing and oversaw Bartell Drug Company’s sale to Rite Aid.His board experience includes positions at more than a dozen public and private companies, including Starbucks Coffee Company. Meanwhile, former Chairman Dr. Bor Jang remains a director following the leadership changes. Jang previously supported the development of Solidion’s technology and intellectual property portfolio.STI Stock Rises as Solidion Advances Battery StrategySolidion Technology develops battery materials, components, and next-generation energy storage technologies from its Dallas headquarters. The company also operates pilot production facilities in Dayton, Ohio. Its technologies target electric transportation, energy storage, and uninterruptible power systems serving artificial intelligence data centers.The company’s technology portfolio includes more than 385 patents covering several battery materials and energy storage technologies. These include graphene-enabled silicon anodes, biomass-based graphite, lithium-sulfur batteries, and advanced lithium-metal technologies. Solidion also develops high-capacity silicon anodes designed without silane gas during production.STI stock’s 10.13% late-morning gain accompanied the company’s latest board leadership announcement. The stock reached $7.50 after rebounding sharply from lower levels earlier in the trading session. The leadership changes place Winters at the center of Solidion’s strategy while preserving independent oversight through Schwartz. The post Solidion Technology (STI) Stock: Climbs as CEO Jaymes Winters Adds Chairman Role appeared first on Blockonomi.