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- 5E Advanced Materials (5EA) appoints experienced executive Susan Seilheimer Brennan as its new CEO, effective from April 24, 2023
- Ms Brennan’s appointment will bolster the company’s efforts to become a globally-significant producer of boron, lithium and advanced materials
- Previously, Ms Brennan was President and CEO of NYSE-listed Romeo Power
- 5E says she has vast experience in successful project delivery and operations
- Shares in 5EA are rising on Wednesday, up 5.9 per cent and trading at 94 cents at 1:05 pm AEDT
5E Advanced Materials (5EA) has appointed experienced executive Susan Seilheimer Brennan as its new CEO, effective from April 24, 2023.
Investors have responded positively to the news, with 5EA up more than 5 per cent in afternoon trade.
5EA Chairman David Salisbury said Ms Brennan brought the right mix of leadership to guide the company moving forward.
“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,” Mr Salisbury said.
5EA confirmed Ms Brennan would lead all areas of the company moving forward as it progressed towards its goal of becoming a fully-integrated globally-significant producer of boron, lithium and advanced materials.
Before 5EA, Ms Brennan held the position of President and CEO of NYSE-listed Romeo Power, a leader in advanced electrification solutions for commercial vehicles.
The company said Ms Brennan had wide experience in successful project delivery and operations.
In the past, she also served as Director of Manufacturing Operations for Ford Motor Company and Nissan North America, as Vice President of Manufacturing.
Shares in 5EA were up 5.9 per cent and trading at 94 cents at 1:05 pm AEDT.
