Dotz Nano Lands Experienced CEO to Push Carbon Capture Tech Into Revenue
Dotz Nano (ASX: DTZ) appoints Nati Harpaz as CEO to drive commercial push
Dotz Nano Limited (ASX: DTZ, OTC: DTZZF/DTZNY) has appointed Nati Harpaz as Chief Executive Officer, effective 1 June 2026, succeeding Sharon Malka who steps down from the role for personal reasons after three years of service. The appointment comes as Dotz advances from technical validation toward commercial validation of its proprietary DotzEarth carbon capture sorbent technology. Notably, Harpaz is an existing shareholder in the company, bringing a level of insider conviction that distinguishes this appointment from a standard external hire.
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From technical validation to commercial traction — where Dotz stands today
Harpaz does not inherit an early-stage concept. The company has assembled a credible commercial foundation over recent years, and his mandate is to convert that foundation into revenue-generating outcomes.
The validation milestones underpinning Dotz’s current position include:
- Validation from more than 15 independent industrial end-users
- Paid customer evaluations completed
- First commercial purchase order received from Volkswagen Innovation
- Strategic Memoranda of Understanding (MoUs) with CarbonCapture Inc. and Hengst SE
- A growing partner network across the carbon capture value chain
This pipeline positions the incoming CEO at what the company describes as the cusp of commercialisation, making the depth of Harpaz’s commercial execution experience directly relevant to the challenge ahead.
Who is Nati Harpaz?
Harpaz brings a background spanning deep tech, e-commerce, fintech, and business-to-business (B2B) platforms, with a consistent emphasis on commercial strategy, partnerships, deal execution, and international growth. His most prominent executive role was as CEO of Catch, an Australian e-commerce platform he led for four years before overseeing its sale to Wesfarmers.
Over the past five years, his focus has shifted toward investing in and supporting start-ups. His current portfolio interests include BridgerPay, a Software-as-a-Service (SaaS) payment infrastructure company, and Glasswing, a deep-tech company. Both reflect an investor orientation toward technology businesses at the intersection of infrastructure and scale.
His existing shareholding in Dotz is a meaningful alignment signal. He is already working closely with the Dotz team ahead of his formal 1 June 2026 commencement date, supporting commercial strategy and execution planning.
Nati Harpaz, Incoming Chief Executive Officer
“I am genuinely excited to be joining Dotz as CEO at such a pivotal moment in the Company’s journey… the technology is proven, the team is excellent, the commercial pipeline is real, and the opportunity is significant. My focus will be on translating that position into commercial outcomes and delivering value for our customers and shareholders.”
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Board refreshed for Dotz’s next chapter
In conjunction with the CEO transition, the board has reviewed its composition to ensure it is appropriately structured for the commercial execution phase ahead. Three changes take effect on 31 May 2026:
- Sharon Malka transitions from CEO and Executive Director to Non-Executive Director, preserving institutional knowledge and ensuring continuity through the handover period.
- Kerry Harpaz, spouse of the incoming CEO, voluntarily resigned from the board to avoid any perceived conflict of interest arising from her husband’s appointment, reflecting a governance-positive action.
- Mitchell Board resigned as part of a mutual decision to streamline the board’s composition as the company moves into its next phase.
The resulting board configuration is intended to provide a focused and experienced foundation aligned to the commercial priorities now facing the company.
Bernie Brookes AM, Chairman
“He knows this Company well as a long-standing shareholder, and he brings exactly the commercial experience, skills, and energy that are directly relevant to where Dotz is headed.”
Understanding CEO remuneration and alignment structure
For ASX investors, the structure of an incoming CEO’s remuneration package often signals how closely the executive’s financial interests are aligned with shareholders. A contract weighted toward performance-linked equity and salary sacrifice in shares suggests the executive is incentivised to grow the share price rather than simply collect a fixed salary.
Harpaz’s contract reflects this design. The options tranches require both sustained tenure and meaningful share price appreciation above pre-appointment levels before they can vest, meaning dilution is conditional on shareholder value being created first. The equity-in-lieu-of-cash component further reinforces this alignment by directing a portion of his annual remuneration into DTZ shares. The number of shares issued under the equity award will depend on the 30-day volume weighted average price (VWAP) at the time of each grant and cannot be determined in advance.
| Component | Detail | Alignment Signal |
|---|---|---|
| Base salary | NIS 60,000/month (~A$28,800/month) on contractor basis | Fixed cost base |
| Annual bonus | Up to 30% of per-annum base remuneration | Performance linked |
| Options Tranche 1 | 10M options; 12 months service + 50% above 30-day VWAP pre-appointment; escrowed 12 months; expires 60 months from commencement | Share price must rise to vest |
| Options Tranche 2 | 10M options; 24 months service + 100% above 30-day VWAP; same escrow/expiry terms | Long-term horizon required |
| Options Tranche 3 | 10M options; 36 months service + 100% above 30-day VWAP; same escrow/expiry terms | 3-year commitment required |
| Equity award (salary sacrifice) | NIS 600,000 worth of DTZ shares per annum for 3 years, calculated by 30-day VWAP at time of grant | CEO paid in DTZ shares |
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