Extension of Executive Directors' Contracts and Appointment of Group COO and CTO
Confirmation of Executive Arrangements
The Company is also delighted to announce that Dr Chris Burns and Dr David Stevens, the founders of the battery testing services business acquired by the Company in June 2017, will transition from their current roles as Chief Executive Officer and Chief Technology Officer within that business to Chief Operating Officer and Chief Technology Officer, respectively, of the NOVONIX Group. Both Chris and David have significant capacity to drive value creation for the Company.
NOVONIX Chairman, Tony Bellas said "Extending employment contracts with our Executive Directors Philip St Baker and Greg Baynton and formally appointing Dr Chris Burns and Dr David Stevens to the roles of Group COO and Group CTO respectively, ensures the company's executive leadership is well positioned for the future."
About NOVONIX Ltd
NOVONIX Ltd (ASX:NVX) (FRA:GC3) is an integrated developer and supplier of high performance materials, equipment and services for the global lithium-ion battery industry with operations in the USA and Canada and sales in over a dozen countries.
NOVONIX is 50% owner of the PUREgraphite Joint Venture – established in 2017 by NOVONIX and Coulometrics to develop and exclusively commercialise ultra-high purity, high-performance graphite anode materials for the lithium-ion Battery market, focused on the electric vehicle, energy storage and specialist markets and applications.
The Company also owns a world-class, large and high-grade natural graphite deposit in an established mining province in Australia.
NOVONIX's mission is to support the global deployment of Lithium Ion Battery technologies for a cleaner energy future.