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.
该公司已做出战略决策，从区域管理结构过渡到集中管理模式，以更好地为公司未来的成功做好准备，并提高效率。执行主席蒂姆·约翰斯顿将转任临时非执行董事会主席。预计这些变更将包括确定独立的董事会主席。康纳·斯波伦自2022年1月起在Li-Cycle工作，现已担任首席运营官（COO）。Li-Cycle预计将通过裁员每年节省约1000万美元的成本。首席财务官黛比·辛普森将离开公司寻求新的机会。该公司很高兴地宣布，克雷格·坎宁安已加入Li-Cycle担任其临时首席财务官，立即生效。