Li-Cycle Provides Business Update; Tim Johnston Will Transition To The Role Of Interim Non-Executive Board Chair; Expects To Reduce ~60 Positions, Representing 17% Of Its Global Workforce
Li-Cycle Provides Business Update; Tim Johnston Will Transition To The Role Of Interim Non-Executive Board Chair; Expects To Reduce ~60 Positions, Representing 17% Of Its Global Workforce
The company has made the strategic decision to transition from its regional management structure to a centralized model to better position the Company for future success and increase efficiencies. Tim Johnston, Executive Chair, will transition to the role of interim non-executive Board Chair. It is expected that these changes will include identifying an independent Board Chair. Conor Spollen, who has been with Li-Cycle since January 2022, has assumed the role of Chief Operating Officer (COO). Li-Cycle expected to generate approximately $10 million in cost savings on an annualized basis through workforce reduction. Debbie Simpson, Chief Financial Officer, will be leaving the Company to pursue new opportunities. The Company is pleased to announce that Craig Cunningham has joined Li-Cycle as its interim Chief Financial Officer, effective immediately.
該公司已做出戰略決策，從區域管理結構過渡到集中管理模式，以更好地爲公司未來的成功做好準備，並提高效率。執行主席蒂姆·約翰斯頓將轉任臨時非執行董事會主席。預計這些變更將包括確定獨立的董事會主席。康納·斯波倫自2022年1月起在Li-Cycle工作，現已擔任首席運營官（COO）。Li-Cycle預計將通過裁員每年節省約1000萬美元的成本。首席財務官黛比·辛普森將離開公司尋求新的機會。該公司很高興地宣佈，克雷格·坎寧安已加入Li-Cycle擔任其臨時首席財務官，立即生效。