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Highlights
- Altech has appointed Daniel Raihani as incoming CEO/MD and Joe Graziano as Chairman.
- Existing Executives Hansjoerg Plaggemars and Martin Stein will continue their roles.
- Leadership changes follow the resignations of four senior board members, including the Chairman and CEO/MD.
- New board confirms ongoing strategic focus on Silumina Anodes™ and CERENERGY® battery technologies and efforts to secure key commercial partners.
Altech Batteries Limited (ASX:ATC) (FRA:A3Y) has announced the appointment of new leadership to guide the next phase of the company’s development. Daniel Raihani has been named incoming Managing Director and Chief Executive Officer, while Giuseppe (Joe) Graziano has been appointed Chairman.
The company has announced a refresh of its leadership team following a strategic shareholder initiative. Major shareholder Altech Advanced Materials AG, which holds a 20% stake, together with the Deutsche Balaton Group’s combined 28% holding, indicated its intention to issue a notice under section 249D of the Corporations Act to convene a General Meeting proposing changes to the board. To avoid a potentially disruptive and costly corporate contest, most of the previous board determined that a structured and orderly transition would best preserve operational stability, safeguard shareholder value, and support the company’s ongoing battery-materials initiatives.
As part of this transition, several senior leaders have stepped down, including Chairman Daniel Tenardi, Non-Executive Directors Tunku Yaacob Khyra and Peter Bailey, and CEO and Managing Director Iggy Tan. Hansjoerg Plaggemars will continue as a Non-Executive Director, while Chief Financial Officer and Company Secretary Martin Stein will remain in his role to work closely with the incoming board. The outgoing board and management team have committed to supporting a smooth handover and ensuring continuity across all operations and major initiatives.
Strategic Direction Maintained
The incoming board has confirmed that the company will continue to focus on its key technology developments. These include:
- Silumina Anodes™, a silicon-enhanced anode material designed to enhance lithium-ion battery performance.
- CERENERGY® sodium-solid-state battery systems, a lithium-free and cobalt-free solution for industrial and grid applications.
- Ongoing efforts to secure strategic partners to advance both technologies to market.
The new board has expressed appreciation for the contributions of the outgoing directors, acknowledging the role they played in advancing the company’s technological programs and strategic repositioning.
ATC shares were trading at AUD 0.028 per share at the time of writing on 28 November 2025.
