Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) has announced that Joseph Grosso will retire from the roles of chairman and director after guiding the company’s development since its inception, marking a leadership transition as the firm continues to advance its lithium exploration portfolio.
The company said Grosso has been named Director Emeritus while remaining involved as an advisor.
Grosso played a central role in building the company’s presence in Argentina’s lithium sector, overseeing the establishment of a portfolio of exploration projects, including the resource-stage Rincon West project, the company said.
"Joe's insight to establish a lithium company has led to significant value creation through discovery and lucrative partnerships,” Argentina Lithium & Energy CEO Niko Cacos said.
Cacos also credited Grosso with guiding the company through various market conditions, including the COVID-19 pandemic and periods of financial instability.
"Most importantly, he has built a team both here in Canada and in South America who are committed to continuing his legacy of exploration, discovery and value creation,” he said.
“Joe remains a large shareholder who is dedicated to the company's future, and we look forward to his contributions as an advisor while we all wish him the very best in retirement."