Business
Board changes to advance next phase of development
Board changes to advance next phase of development.
About this update from Cleantech Lithium Plc
[{"type":"text","content":"\n \n \n \n 28 March 2023\n \n \n \n \n \n \n \n \n \n CleanTech Lithium PLC (\"CleanTech Lithium\" or the \"Company\")\n \n \n \n \n Board changes to advance the Company into the next phase of development\n \n \n \n \n \n \n \n \n CleanTech Lithium PLC (AIM:CTL, Frankfurt:T2N, OTC:CTLHF), an exploration and development company advancing the next generation of sustainable lithium projects in Chile, announces changes to the Board of Directors with the Non-Executive Chairman, Steve Kesler, moving to the role of Executive Chairman and the appointment of a new independent non-executive director, Maha Daoudi, as the Company moves into the next phase of growth.\n \n \n \n Highlights:\n \n \n \n ·\n Current non-executive Chairman of CleanTech Lithium, Steve Kesler, moves to the position of Executive Chairman after joining the Company in September 2021. Dr Kesler's background in developing major mining projects in Chile and elsewhere over 45 years will provide support and relevant experience to the CEO, Aldo Boitano, and at a time when the Company is intent on moving from exploration to the development and production phase. His particular focus will be on guiding the Company through the various strategic options in production, partnerships, offtake and financing.\n \n \n ·\n To further strengthen the Company's Board, Maha Daoudi has been appointed as an independent non-executive director. Ms Daoudi brings extensive industry experience to the Board, having held several Board and senior level positions across commodities, energy transition, finance and tech-related industries. Ms Daoudi's experience in offtake agreements with different commodities, especially in her previous senior role at Trafigura, and her ability to strike up international alliances is a key strategic advantage for the Company as it looks to establish a relationship with a strategic partner/s over the next year. In this new role, Ms Daoudi will be replacing Dr Kesler's position on the audit and remuneration committees.\n \n \n ·\n Both appointments have been made with immediate effect to support the CEO, Aldo Boitano, and his executive team as the Company aims to bring the Laguna Verde lithium project into production in late 2025. These appointments demonstrate the Board's commitment to building a team that will help to fulfil the C...