NOVONIX Announces CEO Transition as Company Prepares for Next Growth Phase

NOVONIX Limited (NASDAQ: NVX, ASX: NVX), a leader in battery materials and technology, has announced the planned transition of its Chief Executive Officer (CEO). Dr. Chris Burns will step down as CEO, effective January 24, 2025, and transition to the role of Special Advisor to the Board of Directors. This move aims to ensure continuity and support as NOVONIX scales its operations and prepares for the next phase of growth.

Key Leadership Transition Details

  • New Interim Leadership: Robert Long, NOVONIX’s Chief Financial Officer, has been appointed interim CEO effective January 24, 2025, while the search for a permanent CEO is underway.
  • Focus for New CEO: The Board is seeking a Chattanooga-based leader with expertise in manufacturing, operations, and large-scale production to guide NOVONIX through its growth in synthetic graphite production.

Dr. Chris Burns Reflects on Tenure

Dr. Burns, who has served as CEO since September 2020, leaves behind a strong legacy of innovation and progress:

  • Key Achievements: Development of groundbreaking battery materials technology, strategic partnerships, and securing significant U.S. government and investor support.
  • Milestone Projects: Under Dr. Burns’ leadership, NOVONIX is set to commence production at its Riverside facility in Chattanooga, Tennessee, this year.

“I am incredibly proud of everything we’ve achieved during my time as CEO,” Dr. Burns stated. “With the company poised for commercial-scale production, now is the right time for the Board to appoint a leader with the skills to drive NOVONIX’s continued growth.”

Board’s Confidence in Interim Leadership

Admiral Robert J. Natter, Chairman of the Board, expressed gratitude to Dr. Burns for his contributions:
“The Board thanks Dr. Burns for his exceptional leadership in a dynamic market environment. We have full confidence in Robert Long to maintain momentum and guide the company through this transition period.”

About NOVONIX

NOVONIX is at the forefront of revolutionizing the lithium-ion battery industry with sustainable, high-performance materials and innovative manufacturing methods. The company specializes in synthetic graphite production, patented zero-waste cathode synthesis, and battery testing technologies. NOVONIX is committed to advancing the clean energy future through innovation and strategic partnerships.