NOVONIX Announces Transition of Chief Executive Officer

Written by Emily J. Thompson, Senior Investment Analyst

NVX-0.89%

Source: Newsfilter

Updated: Jan 20 2025

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Source: Newsfilter

CEO Transition at NOVONIX: Dr. Chris Burns will step down as CEO of NOVONIX on January 24, 2025, after leading the company since September 2020; he will remain as a Special Advisor to ensure a smooth transition while Mr. Robert Long, the current CFO, will serve as interim CEO.
Company Growth Plans: Under Dr. Burns' leadership, NOVONIX has positioned itself for growth, with plans to begin production at its Riverside facility this year and an ongoing search for a new CEO experienced in manufacturing and operations to lead future expansions in synthetic graphite production.

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About NVX

NOVONIX Limited is a battery materials and technology company. The Company manufactures battery cell testing equipment, is growing its high-performance synthetic graphite material manufacturing operations, and has developed a patented all-dry, zero-waste cathode synthesis process. The Company's segments include Battery Materials and Battery Technology. The Battery Materials segment develops and manufactures battery anode materials. The Battery Technology segment develops battery cell testing equipment, performs consulting services and carries out research and development in battery development (inclusive of cathode technology). The Company's Riverside facility, located in Chattanooga, Tennessee, is a production site focused on high-performance synthetic graphite for the battery sector in North America. The Company's battery technology solutions include battery testing equipment and research and development services. It provides ultra-high precision coulometry systems.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.