PHILADELPHIA, Feb. 3, 2020 /PRNewswire/
-- Livent Corporation (NYSE: LTHM) announced today
the appointment of Dr. Christina
Lampe-Önnerud and Pablo
Marcet as new members of its Board of Directors.
"We are delighted to welcome Christina and Pablo to the Livent
Board," said Pierre Brondeau, chairman of Livent's Board
of Directors. "Christina is a highly respected
business leader and scientist in the energy storage space, with
deep expertise in lithium battery development for electric
vehicles, grid storage, portable electronics and industrial
applications, as well as climate change and environmental
sustainability. Pablo is an accomplished executive with
extensive experience operating in Argentina and in the mining industry
globally. With their diverse backgrounds, Christina and Pablo
will bring highly relevant, complementary perspectives that will
strengthen the work of our Board and help advance Livent's position
as a leading, global, fully integrated producer of lithium
products."
Brief biographies for each of the new Livent Board members are
available below.
Dr. Lampe-Önnerud is the founder and CEO of Cadenza Innovation,
Inc., which has developed a new generation of safer, higher-energy
density, lower-cost batteries. The company's patented
"supercell" platform is available for license to global
manufacturers. Previously, she served as founder, CEO and
international chairman of Boston-Power, where she grew the battery
company from a start-up into a global organization backed by more
than $360 million in investment,
along with technology centers in Boston and Beijing and multiple Asia-based manufacturing locations. She
has also held executive positions with Bridgewater Associates and
Arthur D. Little.
A member of the Royal Swedish Academy of Sciences, Dr.
Lampe-Önnerud is a two-time World Economic Forum Technology Pioneer
winner and chairs the Forum's Global Futures Council on Energy
Technologies. An advocate for women entrepreneurs, she is
featured among Inc.'s inaugural list of Top 100 Female Founders and
is an Ernst & Young Entrepreneur of the Year for the New
England region.
Mr. Marcet is founder and president of Geo Logic S.A., an
Argentina-based provider of
consulting and management services to the mining industry.
Previously, he served as Exploration and Development director for
Orosur Mining, a South American gold mining company primarily
operating in Uruguay. He
also served as an executive on the company's Board of Directors.
Mr. Marcet joined Orosur when it acquired his previous
company, Waymar Resources, where he served as president and CEO.
Prior to Waymar, Mr. Marcet served as president of two
subsidiaries of Northern Orion Resources and oversaw their
operations in Argentina.
Earlier, Mr. Marcet was country manager for BHP Argentina,
responsible for managing project development activities of a joint
venture operated by BHP Billiton in Argentina, including field operations,
environmental monitoring, government and community relations, human
resources, divestment strategies, and legal and tax issues.
Over the course of his career, he also held roles of
significant responsibility at other large mining and exploration
projects for various metals and minerals in South America, Canada, Mexico and Africa.
Mr. Marcet currently serves on the public Boards of Esrey
Resources, a company engaged in recovering zinc, lead and other
metal by-products from waste materials; and U3O8 Corp., a uranium
and battery commodities company. In addition, he serves on
the Board of St. George's College,
a leading private school in Argentina.
About Livent
For more than six decades, Livent has
partnered with its customers to safely and sustainably use lithium
to power the world. Livent is one of only a small number of
companies with the capability, reputation, and know-how to produce
high-quality finished lithium compounds that are helping meet the
growing demand for lithium. The company has one of the broadest
product portfolios in the industry, powering demand for green
energy, modern mobility, the mobile economy, and specialized
innovations, including light alloys and lubricants. Livent employs
approximately 800 people throughout the world and operates
manufacturing sites in the United
States, England,
India, China and Argentina. For more information, visit
livent.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Certain statements in this news release are
forward-looking statements. In some cases, you can identify
these statements by forward-looking words such as "may," "might,"
"will," "should," "expects," "intends," "plans," "anticipates,"
"believes," "estimates," "predicts," "potential," or "continue,"
the negative of these terms and other comparable terminology. These
forward-looking statements, which are subject to risks,
uncertainties and assumptions about Livent, may include projections
of Livent's future financial performance, Livent's anticipated
growth strategies and anticipated trends in Livent's business.
These statements are only predictions based on Livent's current
expectations and projections about future events. There are
important factors that could cause Livent's actual results, level
of activity, performance or achievements to differ materially from
the results, level of activity, performance or achievements
expressed or implied by the forward-looking statements, including a
decline in the growth in demand for electric vehicles; adverse
global economic conditions; the success of Livent's research and
development efforts; volatility in the price for performance
lithium compounds; risks relating to Livent's planned production
expansion and related capital expenditures; reduced customer
demand, or delays in growth of customer demand, for higher
performance lithium compounds, the potential development and
adoption of battery technologies that do not rely on performance
lithium compounds as an input; risks inherent in international
operations and sales, including political, financial and
operational risks specific to Argentina, China and other countries where Livent has
active operations; customer concentration and the possible loss of,
or significant reduction in orders from, large customers; failure
to satisfy customer quality standards; fluctuations in the price of
energy and certain raw materials; failure to achieve the expected
benefits of Livent's separation from FMC as well as the other
factors described under the caption entitled "Risk Factors" in
Livent's 2018 Form 10-K filed with the Securities and Exchange
Commission on February 28, 2019, the
first quarter 2019 Form 10-Q filed with the Securities and Exchange
Commission on May 8, 2019, the second
quarter 2019 Form 10-Q filed with the Securities and Exchange
Commission on August 7, 2019, and the
third quarter 2019 Form 10-Q filed with the Securities and Exchange
Commission on November 6, 2019.
Although Livent believes the expectations reflected in the
forward-looking statements are reasonable, Livent cannot guarantee
future results, level of activity, performance or achievements.
Moreover, neither Livent nor any other person assumes
responsibility for the accuracy and completeness of any of these
forward-looking statements. Livent is under no duty to update any
of these forward-looking statements after the date of this news
release to conform its prior statements to actual results or
revised expectations.
Media contact: Juan Carlos
Cruz +1.215.299.6170
juan.carlos.cruz@livent.com
Investor contact: Daniel
Rosen +1.215.299.6208
daniel.rosen@livent.com
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SOURCE Livent Corporation