Piedmont Lithium Adds Governance and Operational Experience to Board Following U.S. Incorporation
June 02 2021 - 6:30AM
Business Wire
Piedmont Lithium Inc., (“Piedmont” or the “Company”) (NASDAQ:
PLL; ASX: PLL), a clean energy company focused on the integrated
production of lithium hydroxide to support the U.S. electric
vehicle supply chain, today announced the election of two new
Non-Executive Directors to its Board, Mr. Claude Demby and Ms.
Susan Jones, along with the retirements of long-serving Directors
Anastasios Arima and Levi Mochkin. “We are extremely fortunate to
have individuals with the leadership and operating experience of
Claude and Susan join our Board. Their relevant executive and
governance backgrounds will play a key role in helping guide our
organization as the demand for electric vehicles and lithium
hydroxide rapidly increases in the United States and around the
world,” said Piedmont Board Chairman, Jeff Armstrong.
Mr. Demby, currently President of Cree LED, a Smart Global
Holdings, Inc. company, brings exceptional governance experience
through his current service as Chair of the Governance and
Nominating Committee and Director on the board of Brown Capital
Management Mutual Fund Trust and prior service as Director on the
board of the Federal Reserve Bank of Richmond - Charlotte branch,
including Chairman from 2012 to 2017. He also has a strong record
of community service through his founding and running of Valour
Academy Schools, Inc., in Raleigh, NC, and serving as an advisory
board member of Duke Raleigh Hospital.
Mr. Demby has extensive executive and operational leadership
experience, having served as CEO and Director of the Noël Group, a
$250 million manufacturer of synthetic foam materials, and
President and COO of L&L Products, after beginning his career
in engineering roles with Procter & Gamble and GE Plastics.
“Claude’s work leading the LED Products business at Cree,
developing technologies and services that have a broad
environmental, social and governance impact, will be extremely
valuable to Piedmont given our focus on serving the electric
vehicle market, which will play a critical role in helping reduce
the world’s carbon footprint,” said Mr. Armstrong. Mr. Demby
received an MBA from Rensselaer Polytechnic Institute and a
Bachelor of Chemical Engineering from the University of
Delaware.
Ms. Jones spent 15 years of her career at Nutrien Ltd., a
multibillion-dollar global mining and agricultural enterprise. Her
most recent role prior to retirement in 2019 was serving as
Executive Vice President and CEO – Potash, the world’s largest
underground soft-rock miner. Ms. Jones has a wealth of board
experience, having advised the boards of both Agrium and Nutrien,
both NYSE publicly traded companies, as an executive, and currently
serving on the board of TC Energy, a $50 billion market cap NYSE
company, and Arc Resources. She has also served on the Boards of
Gibson Energy and Canpotex.
Ms. Jones brings valuable legal experience combined with
operating responsibilities over the course of her career with roles
ranging from Chief Legal Officer to Managing Director of European
Operations, and several other critical leadership positions.
“Susan’s experience leading a global, vertically integrated,
commodity company, combined with her extensive background in a
variety of operational roles at Nutrien, will be an asset to
Piedmont Lithium as we look to expand our business in the future,”
added Mr. Armstrong. Ms. Jones received her JD from the University
of Ottawa (Canada) and a BA in Political Science from the
University of Victoria (Canada).
Piedmont CEO Keith Phillips commented, “As we welcome Susan and
Claude, it is difficult to express how much we will miss and
appreciate the vision and contributions that Taso and Levi brought
to our organization to help us get to this point as a company. Mr.
Arima is a visionary entrepreneur and was a co-founder of Piedmont
Lithium, having identified both the economic and national security
advantages of operating on the Carolina Tin-Spodumene Belt versus
remote global locations. Taso is also the founder and CEO of
Hyperion Metals, and is stepping back from the Piedmont board to
dedicate all of his time to leading that new critical minerals
venture. Mr. Mochkin has been a Board member and the Mochkin family
trust has been Piedmont’s largest individual shareholder since the
Company’s inception; his entrepreneurial guidance and wisdom
together with being an unrelenting advocate of our story resonated
with institutional and individual investors worldwide. We would not
be where we are without them.”
About Piedmont:
Piedmont is developing a world-class integrated lithium business
in the United States, enabling the transition to a net zero world
and the creation of a clean energy economy in America. Our location
in the renowned Carolina Tin Spodumene Belt of North Carolina,
positions us to be one of the world’s lowest cost producers of
lithium hydroxide and the most strategically located to serve the
fast-growing U.S. electric vehicle supply chain. The unique
geographic proximity of our resources, production operations and
prospective customers, places Piedmont on the path to be the most
sustainable producer of lithium hydroxide in the world and allow
Piedmont to play a pivotal role in supporting America’s move to the
electrification of transportation and energy storage. Additional
information is available at www.piedmontlithium.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210602005295/en/
Keith Phillips President & CEO T: +1 973 809 0505 E:
kphillips@piedmontlithium.com
Brian Risinger VP - Investor Relations and Corporate
Communications T: +1 704 910 9688 E:
brisinger@piedmontlithium.com
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