Lithium Australia (ASX:LIT) welcomes Simon Linge onboard as new CEO

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Lithium Australia (ASX:LIT) welcomes Simon Linge onboard as new CEO

 Lithium Australia (ASX:LIT) welcomes Simon Linge onboard as new CEO
Image source: © Iqoncept | Megapixl.com

Highlights

  • Lithium Australia has announced the appointment of Simon Linge as the new Chief Executive Officer of the company.
  • Mr Linge will take over the charge as LIT’s CEO on or before 1 January 2023.
  • He brings with him over 25 years of experience in global manufacturing, recycling, and engineering services.
  • Mr Linge is expected to drive the company forward in its continued pursuit of battery recycling efforts within Envirostream and becoming a LFP cathode powder producer through VSPC.

Lithium Australia Limited (ASX:LIT) has appointed highly experienced industry executive, Mr Simon Linge as its new Chief Executive Officer (CEO). He will take over the charge as the company’s CEO on or before 1 January 2023.

Mr Linge will be based in Melbourne alongside the company’s lithium battery recycling business, Envirostream.

Image Source: ©2022 Kalkine Media® | Data Source: Company Announcement

The ASX-listed company is focused on advanced materials development that can help build a sustainable future for the global battery industry. The new appointment will support this vision and help the firm forge ahead to achieve greater success and higher business goals.

To find the right candidate for the position, a renowned search firm was engaged to carry out a global executive search after LIT’s former Managing Director Mr Adrian Griffin’s retirement, as announced on 31 May 2022.

An insight into Mr Linge’s extensive profile

With over 25 years of experience in global manufacturing, recycling, and engineering services, Mr Linge has gained a global perspective of the industry.

As a proven and highly credentialed executive, he has served various organisations. During his career years, he has delivered as EGM Contract Manufacturing for Pact Group Holdings Ltd (ASX:PGH).

Pact is one of the leading players in the circular economy, mainly in minimising waste in plastic packaging via reuse and recycle. The firm works in collaboration with government as well as industry to stay ahead in sustainability, recycling plastics, minimising waste, and steering the plastic packaging stewardship in Australia. Mr Linge was taking care of P&Ls with annual revenues over AU$1 billion, huge capital expenditure programs and wide workforce.

Within the Bluescope Group, he holds 25 years of senior management experience as President ASEAN for the Nippon Steel-Bluescope Steel JV and BHP.

Before serving at Bluescope, Mr Linge was appointed as MD & CEO of Bradken Limited, a global manufacturer of designed alloyed steel components, particularly engaged in supplying market segments. Its prime focus remains on mining, as it is one of the leading firms in wear-resistant solutions to the global resources industry.

Image Source: ©2022 Kalkine Media® | Data Source: Company Announcement

LIT shares were trading at AU$0.060 midday on 20 September 2022, up more than 1.6% from the last close.

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