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HOUSTON, March 21, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, is pleased to advise that it has appointed Ms. Susan Seilheimer Brennan as the Company's new Chief Executive Officer commencing April 24, 2023.
Ms. Brennan has an extensive global leadership background, particularly in the battery technology and electric vehicle industries. Most recently, as the CEO of NYSE listed Romeo Power (NYSE:RMO), she was responsible for leading an organization which developed a suite of battery technology products designed for commercial vehicles. She also led the successful sale of Romeo Power to Nikola Corporation, a provider of zero-emissions transportation and energy infrastructure solutions. Prior to her role at Romeo Power, Ms. Brennan was the COO of Bloom Energy, a leader in fuel cell technology, that completed a successful IPO after the leadership team grew the business to almost $1B USD.
Ms. Brennan has had extensive experience in successful project delivery and operations, including Director of Manufacturing Operations for Ford Motor Company, and then at Nissan North America, as Vice President of Manufacturing. Earlier in her career Ms. Brennan had experience with chemical process development at Hoechst Celanese.
Ms. Brennan holds a Bachelor of Science from University of Illinois-Champaign-Urbana and a Master of Business Administration from University of Nebraska at Omaha. She is a Non-executive Director of Senior PLC, Founder and Board member of the Southern Automotive Women's Forum and a former advisor of The Pathways Group at Stanford University. Ms Brennan is also an advisor to the Dean of Engineering at University of California at Long Beach, as well as Ambassador for DoE flagship C3E program – Clean Energy, Education and Empowerment.
As CEO, Ms. Brennan will lead all facets of the Company as it progresses its business strategy to become a fully integrated globally significant producer of boron, lithium and advanced materials based in the United States of America.
The Company's Principal Executive Officer, Mr. Anthony Hall, will commence an immediate process, aided by Chairman, Mr. David Salisbury, to transition the CEO function to Ms. Brennan and ensure a quick and effective handover.
Commenting on Susan's appointment, David Salisbury, 5E Advanced Materials Chairman noted:
"We are delighted with the appointment of Ms. Brennan as CEO, she has an ideal mix of leadership experience across large and small company operations, substantial hands-on results at pre-revenue business buildout and delivering successful outcomes for all stakeholders. The Board of 5E ran a rigorous process to ensure we were able to secure the best possible CEO to progress the Company's strategy forward to become a fully integrated, globally significant producer of boron and lithium.
We look forward to working with Susan and the broader senior management team to deliver positive outcomes for our shareholders and broader stakeholders."
