Gratomic Inc. (TSX-V:GRAT, OTCQX:CBULF) announced that it has named Bruno Baillavoine chair of its board of directors.
Baillavoine was originally appointed to the board as an independent director in May 2021, the company said.
This move was done with the goal of becoming a leading global graphite supplier to the fast-growing electric vehicle market, the company said. The appointment of Baillavoine enhances the company’s corporate governance with an independent director acting as Chair.
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"It is with great pride that I take on the role of chair of the board of this exciting and challenging project at such an opportune time," Baillavoine said in a statement. "Gratomic has valuable assets in the form of high-quality vein graphite. It has management, commercial and technical teams with a proven record that is world class in the graphite sector. In addition, I am confident that Gratomic has the right strategy to become a key partner in the electric vehicle battery supply chain."
Baillavoine serves as UK managing director of the Paris-headquartered Pericles Group, a consulting firm in the fields of banking, finance, asset management and insurance.
He also is a director of ESG.AI Technologies Inc, an ESG data analytics company, and Cel-Sci, a biotech company listed on the NYSE working toward a cure for head and neck cancer patients
"We chose Bruno to fill this role based on his experience and expertise,” CEO Arno Brand said."...Having Bruno Chair the Board will give me more time to focus on my role as CEO. This separation of duties will allow us to streamline the day-to-day operations within the Company, providing everyone more time to focus on various important business items simultaneously."
Gratomic has projects in Namibia, Brazil and Canada and is focused on becoming a leading global graphite supplier. The company aims to secure a strong position in the electric vehicle battery supply chain.
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