NOVONIX Limited Appoints Michael O’Kronley as | U.S. Finance News
NOVONIX appoints Michael O’Kronley as CEO, efficient May 19, 2025, succeeding Interim CEO Robert Long.Quiver AI SummaryNOVONIX Limited has appointed Michael O’Kronley as its new Chief Executive Officer, efficient May 19, 2025. O’Kronley brings over 30 years of automotive expertise, together with 15 years within the Lithium-ion battery sector, and beforehand served as CEO of Ascend Elements, the place he considerably elevated the company’s worth. Admiral Robert J Natter, Chairman of NOVONIX, expressed pleasure about O’Kronley’s appointment, citing his experience in manufacturing and scaling essential minerals manufacturing as key belongings for the company’s growth. O’Kronley’s purpose is to reinforce NOVONIX’s successes and assist the development of a North American graphite provide chain. He succeeds Robert Long, who will return to his position as Chief Financial Officer after serving as Interim CEO since January 2025. The press release highlights NOVONIX’s concentrate on revolutionary battery applied sciences and sustainable practices within the electric vehicle and power storage sectors.
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FAQWho has been appointed as the new CEO of NOVONIX?Michael O’Kronley has been appointed as the new Chief Executive Officer, efficient May 19, 2025.What expertise does Michael O’Kronley deliver to NOVONIX?He brings over 30 years of automotive expertise, together with 15 years within the lithium-ion battery sector.What position did Robert Long play earlier than Michael O’Kronley’s appointment?Robert Long served as Interim CEO since January 2025 and can proceed as Chief Financial Officer.What are NOVONIX’s major focuses within the battery industry?NOVONIX focuses on revolutionary battery applied sciences, sustainable supplies, and environment friendly manufacturing strategies for lithium-ion batteries.Where is NOVONIX headquartered?NOVONIX is headquartered in Chattanooga, Tennessee.Disclaimer: This is an AI-generated abstract of a press release distributed by GlobeNewswire. The model used to summarize this release might make errors. See the total release right here.
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CHATTANOOGA, Tenn., April 27, 2025 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or the “Company”), a main battery supplies and technology company as we speak introduced the appointment of Michael O’Kronley as Chief Executive Officer, efficient May 19, 2025.
With a sturdy technical basis in engineering, Mr. O’Kronley brings over 30 years of automotive expertise, together with 15 years within the Lithium-ion battery and battery supplies space. Most lately, Mr. O’Kronley served as Chief Executive Officer of Ascend Elements the place he elevated the enterprise worth of the company by US$1.6 Billion in 5 years.
Admiral Robert J Natter, USN Ret., Chairman of NOVONIX mentioned “We are thrilled to welcome Mr. O’Kronley to the NOVONIX team. His professional accomplishments as well as his extensive experience in manufacturing, operations, and scaling critical minerals production, makes him an ideal choice. We’re confident in his ability to lead the Company into its next phase of growth from our headquarters in Chattanooga, Tennessee.”
Michael O’Kronley, incoming Chief Executive Officer mentioned “It’s an honour to join NOVONIX at such a pivotal time. I look forward to working with the team to build on recent successes and ultimately onshore the graphite supply chain in North America.”
Mr. O’Kronley succeeds Mr. Robert Long, who has served as Interim CEO since January 2025. He will now resume his position as Chief Financial Officer, persevering with to play a key position within the Company’s strategic and financial management.
“I’d like to extend our sincere thanks to Mr. Long for his leadership over the past several months. He has provided invaluable stability and strategic direction during this important time and we’re grateful he will continue in his role as CFO,” added Admiral Natter.
This announcement has been authorised for release by Admiral Robert J Natter, USN Ret., Chairman.
About NOVONIX
NOVONIX is a main battery technology company revolutionizing the worldwide lithium-ion battery industry with revolutionary, sustainable applied sciences, high-performance supplies, and more environment friendly manufacturing strategies. The Company manufactures industry-leading battery cell testing tools, is growing its high-performance artificial graphite materials manufacturing operations, and has developed a patented all-dry, zero-waste cathode synthesis course of. Through superior R&D capabilities, proprietary technology, and strategic partnerships, NOVONIX has gained a outstanding place within the electric vehicle and power storage systems battery industry and is powering a cleaner power future.
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For NOVONIX Limited
Scott Espenshade,
(traders)Stephanie Reid,
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Cautionary Note Regarding Forward-Looking Statements
This communication comprises forward-looking statements in regards to the Company and the industry wherein we operate. Forward-looking statements can usually be recognized by use of phrases such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or different related expressions. Examples of forward-looking statements on this communication embody statements we make relating to our plans to start business scale manufacturing at our Riverside facility and grow our artificial graphite manufacturing over the approaching years.
We have based mostly such statements on our present expectations and projections about future occasions and trends that we imagine might have an effect on our financial situation, outcomes of operations, business strategy and financial wants. Such forward-looking statements contain and are subject to identified and unknown dangers, uncertainties and different components which can trigger our precise outcomes, efficiency or achievements to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements. Such components embody, amongst others, the well timed deployment and scaling of our furnace technology, our skill to fulfill the technical specs and demand of our present and future clients, the accuracy of our estimates relating to market dimension, bills, future income, capital necessities, wants and entry for added financing, the provision and influence and our compliance with the relevant phrases of authorities financing assist, our skill to acquire patent rights efficient to guard our applied sciences and processes and efficiently defend any challenges to such rights and stop others from commercializing such applied sciences and processes, and regulatory developments within the United States, Australia and different jurisdictions. These and different components that might have an effect on our business and outcomes are included in our filings with the U.S. Securities and Exchange Commission (“SEC”), together with the Company’s most up-to-date annual report on Form 20-F. Copies of these filings could also be obtained by visiting our Investor Relations web site at
www.novonixgroup.com
or the SEC’s web site at www.sec.gov.
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