
Basanite Inc. (OCTQB: BASA) is pleased to announce that the company has appointed Ali Manav as Interim Chief Executive Officer.
Mr. Manav is a seasoned business professional that has over 30 years of business experience in a multitude of industries including building materials, banking, IT, healthcare, and manufacturing. Mr. Manav is a specialist in lean manufacturing and has displayed his abilities to take companies from start-up to commercialization throughout his career.
“I would like to thank the Board of Directors at Basanite for this incredible opportunity,” stated Mr. Manav. “I see enormous value in the products that Basanite has developed, and I am thoroughly enthused to utilize my network and experience to lead this company. I give my full commitment to Basanite to execute to the best of my abilities and establish regular, transparent and concise communications with its shareholders.
Ali holds an MBA in Management and Entrepreneurialism from the Weatherhead School of Management at Case Western Reserve University and has a bachelor’s in business administration with majors in Accounting and Finance from the James B. Nance College of Business Administration at Cleveland State University.
About Basanite
Basanite, Inc. (OTCQB: BASA), through its wholly owned subsidiary Basanite Industries, LLC, is a manufacturer and developer of a range of environmentally friendly, high-performance basalt fiber composite products used by the construction industry. Superior to traditional steel elements, Basanite’s sustainable products are non-corrosive, lighter, stronger and longer lasting. For more information, please visit www.BasaniteIndustries.com.