Andrew N. Liveris Joins the Board of Directors
Brisbane, July 2, 2018 AEST (ABN Newswire) - ASX-listed NOVONIX Limited (
ASX:NVX) ("NOVONIX" or the "Company") is pleased to confirm the commencement of Mr Andrew N. Liveris AO on its Board of Directors today.
HIGHLIGHTS
- As announced on 16 May 2018, Andrew N. Liveris AO, former Chairman and Chief Executive Officer of The Dow Chemical Company and former Executive Chairman of DowDuPont, has joined the Board of Directors of NOVONIX, effective today.
- The commencement of Mr Liveris today as a Non-Executive Director, follows the transition from his roles with Dow and DowDuPont and aligns with his commencement on the Board of Saudi Aramco (formally known as Saudi Arabian Oil Co.).
- Mr Liveris will be instrumental in supporting NOVONIX's international business development and alliance efforts and relationships in the US$20 billion high-value battery materials sector.
As previously announced, the appointment of Mr Liveris is a further step in the implementation of the Company's downstream integration strategy.
The appointment follows Mr Liveris' retirement from his roles with Dow and DowDuPont on 30 June 2018, and coincides with his commencement on the Board of Saudi Aramco (formally known as Saudi Arabian Oil Co.).
Mr Liveris was most recently the Chairman of and Chief Executive Officer of The Dow Chemical Company and a director of DowDuPont, a nearly US$80 billion holding company comprised of The Dow Chemical Company and DuPont.
He also served as Executive Chairman of DowDuPont. DowDupont is traded on the NYSE under the stock ticker symbol "DWDP", with a current market capitalisation of US$153 billion.
Mr Liveris was a member of Dow's Board of Directors since February 2004, CEO since November 2004 and was elected as Dow's Chairman of the Board effective 1 April 2006. He was appointed Executive Chairman of DowDuPont in May 2016, and assumed that role until recently, following the close of the merger transaction between Dow and DuPont on August 31, 2017.
Mr Liveris also currently sits on the Board of Directors of IBM, is Vice Chair of the Business Roundtable, an Executive Committee Member and Past Chairman of the U.S. Business Council, and a member of the Concordia Leadership Council and the Australian government's Industry Growth Centres Advisory Committee. He serves on the Board of Trustees of The King Abdullah University of Science and Technology, California Institute of Technology and the United States Council for International Business.
On 29 April this year, Saudi Aramco announced that Mr Liveris will join its Board of Directors, also effective as of July 1, 2018.
Born in Darwin, Australia, Mr Liveris attended the University of Queensland in Brisbane, graduating with a bachelor's degree (first-class honors) in Chemical Engineering. Earlier this year, he and his wife Paula donated $13.5 million to help establish the Liveris Academy in the University's Faculty of Engineering, Architecture and Information Technology.
He is a Chartered Engineer and a Fellow of The Institute of Chemical Engineers as well as a Fellow of the Australian Academy of Technological Sciences and Engineering.
Mr Liveris will serve as a Non-Executive Director of NOVONIX and will particularly assist with international business development, market entry and strategic opportunities.
NOVONIX Chairman, Mr Tony Bellas, said that the Board of Directors was very pleased to welcome Mr Liveris to the Board of Directors today.
"The Board and senior executive team plan to work closely with Andrew as we scale-up our from pilot-scale production in North America, deepen our customer relationships and pursue new opportunities in the international battery materials sector."
About NOVONIX Limited
NOVONIX Limited (ASX:NVX) (FRA:GC3) (OTCMKTS:NVNXF) is an integrated developer and supplier of high-performance materials, equipment and services for the global lithium-ion battery industry with operations in the USA and Canada and sales in more than 14 countries. NOVONIX's mission is to support the global deployment of lithium-ion battery technologies for a cleaner energy future.
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