From GlobeNewswire: 2025-01-20 17:30:05

NOVONIX Limited announced the planned transition in the CEO role, with Dr. Chris Burns stepping down effective January 24, 2025. Dr. Burns will continue as Special Advisor to the Board to ensure a smooth transition. The Board is searching for a new CEO with experience in manufacturing and operations to lead the Company’s growth in synthetic graphite production. Interim CEO Robert Long will maintain momentum and strategic goals during the transition period. NOVONIX has positioned itself for growth as it plans to begin production at its Riverside facility this year.

Dr. Chris Burns expressed pride in NOVONIX’s accomplishments during his tenure and looks forward to supporting the company’s continued success. The Board has confidence in Mr. Long’s leadership during the transition. NOVONIX is revolutionizing the lithium-ion battery industry with innovative technologies and sustainable practices. The Company aims to power a cleaner energy future through advanced R&D and strategic partnerships.

Forward-looking statements by the Company include plans to commence commercial scale production at the Riverside facility and grow synthetic graphite production in the coming years. Risks and uncertainties, such as technical specifications, market size, and regulatory developments, may impact the Company’s results. NOVONIX encourages investors to review SEC filings for more information on potential risks and factors affecting business performance.



Read more at GlobeNewswire: NOVONIX Announces Transition of Chief Executive Officer