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Armada ETFs Hires New CEO

Photo of business partners shaking hands.

The founder of Exponential ETFs, Phil Bak has just been appointed as the new CEO of Armada ETFs. Bak sold Exponential ETFs back in 2020 but has been a board member of Armada ETFs since late 2021 and is known for his atNav technology which was created to improve ETF liquidity.

ETF Newz Says:

Armada ETFs launched the Home Appreciation U.S. REIT ETF (HAUS) earlier this year but with Bak as CEO he stated he would like to switch to more active ETFs.