Business
Aqua Metals Announces Changes to its Board of Directors
Independent Chairman Shariq Yosufzai Retiring, Role to be Filled by Existing Independent Director Vincent Divito RENO, Nev., March 30, 2022 (GLOBE NEWSWIRE)
About this update from Aqua Metals, Inc.
[{"type":"text","content":"Independent Chairman Shariq Yosufzai Retiring, Role to be Filled by Existing Independent Director Vincent Divito\nRENO, Nev., March 30, 2022 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS) (\"Aqua Metals\" or the \"Company\"), a leading innovator in metals recycling with its AquaRefining™ technology, announced that the Company’s Independent Chairman Shariq Yosufzai will not be standing for re-election at the Annual Shareholders Meeting, taking place in June of 2022 (date and timing of meeting to be announced). Succeeding Mr. Yosufzai will be Vincent Divito, who has been an Independent Director for the Company since the Board of Directors was formed in early 2015. Mr. Divito also serves as Chair of the Audit Committee for the Company. “Since joining our Board in May of 2018, Shariq has been instrumental in leading the Company’s Board of Directors through a very positive transformation in governance and has provided expert guidance especially in the areas of strategy, diversity and inclusion and steady and reliable leadership for our Board,” said Steve Cotton, President and Chief Executive Officer of Aqua Metals. “We wish Shariq the best in his decision to focus his efforts on his growing venture, Accordant Advisors and have planned for an orderly transition of the Chairman role from Shariq to Vincent in the coming months.” “This was a difficult decision for me, but after deeply reflecting on my capacity to serve, I have chosen to focus my efforts in creating inclusive cultures for many more companies through Accordant Advisors. I have truly enjoyed working with Steve and the entire Board of Directors to transform governance, build an incredibly capable team of Management and deepen stakeholder engagement transforming the culture of the company. With the addition and onboarding in the past year of Molly Zhang with her technology and licensing track record and Edward Smith with his expertise in rapidly growing technology companies, I feel that I am leaving the company well equipped for its next phase of development and will continue to be watching and supporting the company with great interest and enthusiasm.” He added, “I nominated and congratulate Vincent as the natural successor, given his tenure with the Company since the earliest days and his thoughtful approach to working with the Board and Management team.” Vincent Divi...