AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Livium's non-executive chair George Bauk resigns to pursue a new executive role.
- Phil Thick steps in as interim chair while the board evaluates its future composition.
- Livium (LIT) transitions smoothly under new leadership amid ongoing advancements.
Livium (ASX:LIT), a leader in battery materials and technology, has announced the resignation of its non-executive chair George Bauk, effective January 3, 2025. Bauk, who has been with the company since 2015, is stepping down to take on a new executive role. This transition requires him to resign from all board positions in publicly listed companies.
Stepping into the interim chair role is non-executive director Phil Thick. The board of Livium has expressed its commitment to evaluating the necessary skills and expertise required for its future composition as they prepare to appoint a permanent successor.
Acknowledging Bauk’s Legacy
During his tenure, Bauk played a pivotal role in transforming Livium from a mining exploration company into a thriving player in the battery materials and technology sector. Interim chair Phil Thick praised Bauk’s contributions, stating, “Since his appointment in 2015, George has made an outstanding contribution to the company. He successfully guided Livium through a significant transition, leaving a lasting impact on its strategic direction.”
Thick further emphasized the board’s appreciation for Bauk’s leadership and extended gratitude for his unwavering commitment to the company’s growth.
Bauk Reflects on His Tenure
George Bauk, reflecting on his nine-and-a-half years as chair, shared his pride in witnessing Livium’s evolution under the guidance of managing director Simon Linge. Bauk expressed confidence in the company’s ability to further develop its innovative technologies and achieve future milestones.
In his statement, Bauk said, “It has been an honour to serve as chairman of Livium. I am proud of the progress the company has made and remain confident in its bright future. I extend my gratitude to the board, the team, and stakeholders for their support throughout my tenure.”
A Smooth Transition Ahead
As Livium continues to focus on advancing its technologies and market presence, the appointment of Phil Thick as interim chair ensures stability during this transitional phase. The board remains committed to strategic growth and fostering leadership that aligns with its vision for innovation and success in the battery materials sector.
With Bauk’s departure marking the end of an era, Livium stands poised for continued progress under its restructured leadership.
