Li-Cycle Holdings (LICY) has provided an update.
Li-Cycle Holdings Corp. has announced significant executive changes with Mr. Tim Johnston stepping down as Executive Chair and his intention to resign from the Board to pursue other ventures, signaling no disputes with the company. Additionally, Mr. Richard Storrie has also parted ways with the firm. Concurrently, Glencore plc has secured the right to nominate two additional directors to the Board, potentially filling the vacancy following Mr. Johnston’s departure. These shifts come as part of broader corporate restructuring within Li-Cycle.
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