NOVONIX announces CEO transition as Dr. Chris Burns steps down

BRISBANE: NOVONIX Limited (NASDAQ: NVX, ASX: NVX), a prominent battery materials and technology company, announced Tuesday that Dr. Chris Burns will step down as Chief Executive Officer, effective January 24, 2025. Dr. Burns will continue to support the company in an advisory role as Special Advisor to the Board of Directors to ensure a smooth transition and ongoing operations.

Dr. Burns, who has led NOVONIX since September 2020, has positioned the company for substantial growth, including scaling up operations at its Chattanooga, Tennessee production facilities. As part of this growth, NOVONIX plans to commence production at its Riverside facility this year. With Burns’ departure, the Board has initiated a search for a new CEO, who will be based at the company’s Chattanooga headquarters and will have experience in manufacturing, operations, and scale-up.

“I am incredibly proud of everything that NOVONIX has accomplished during my time as CEO,” said Dr. Burns. “As we move towards commercial scale production at Riverside this year, it is a great opportunity for the Board to appoint a new CEO with the right skill set to lead the company into the next phase of its journey.”

The Board of Directors has appointed Robert Long, NOVONIX’s Chief Financial Officer, as interim CEO, effective January 24, 2025, until a permanent CEO is named. Long will work closely with the Board to ensure a seamless transition and maintain the company’s strategic momentum.

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