Business
Aqua Metals Strengthens Board of Directors to Advance Sustainable Battery Recycling and Critical Minerals Production
Industry Leader Steve Henderson and Finance Expert Eric Gangloff Bring Strategic Expertise to Support Growth RENO, Nev., Feb. 06, 2025 (GLOBE NEWSWIRE) --
About this update from Aqua Metals, Inc.
[{"type":"text","content":"Industry Leader Steve Henderson and Finance Expert Eric Gangloff Bring Strategic Expertise to Support Growth\nRENO, Nev., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Aqua Metals, Inc. (NASDAQ: AQMS), a leader in clean metals recycling, today announced the appointment of Steve Henderson and Eric Gangloff to its Board of Directors. These additions bring deep industry expertise and financial leadership, supporting the Company’s mission to scale its cost leading and low-carbon lithium battery recycling technology and accelerate the development of a domestic critical minerals supply chain. Strengthening Industry Reach and Commercial Execution Steve Henderson joins Aqua Metals’ Board with over four decades of experience in automotive, specialty chemicals, and manufacturing. Most recently, he served as Executive Vice President at Leggett & Platt, overseeing businesses that accounted for over half of the company’s total revenue and EBITDA. Previously, at Dow Chemical, Henderson led the company’s automotive division and played a key role in advancing battery material innovations, working directly with industry leaders like Tesla, Ford, and Magna. “Aqua Metals is building a cleaner, more cost-efficient solution for battery recycling and critical minerals production,” said Steve Cotton, CEO of Aqua Metals. “I look forward to leveraging Steve’s experience and network to help the company establish a strong position in the global battery supply chain ecosystem.” Expanding Financial and Investment Expertise Eric Gangloff has extensive experience in capital markets, debt financing, and investment management. As the Founder of Summit Alternative Investments and Chairman and CEO of AmeriFirst Finance, he has structured and executed complex debt and equity financial transactions across multiple asset classes with counterparties such as Goldman Sachs, Deutsche Bank, First National Bank of Omaha, Bayview Asset Management, Credigy, Fortress Investment Group and many others. His background includes leadership roles in both consumer finance and strategic lending, making him well-equipped to support Aqua Metals' growth and commercialization strategy. “Eric’s expertise in structuring financing solutions will be a major asset as Aqua Metals moves toward commercial-scale operations,” said Steve Cotton, CEO of Aqua Metals. “His ability to connect financial strategy w...