US lead-acid battery-recycling start-up Aqua Metals has named Frank Knuettel as its next chief financial officer— the latest move in the firm’s leadership shake-up.
Knuettel will join the company from 16 April and “will formally assume the role” after the filing of upcoming quarterly results.
The CEO of US lead-acid battery-recycling start-up Aqua Metals, Dr Stephen Clarke, is being replaced.
The Aqua Metals board said a search for a replacement is under way— but did not say whether Clarke (pictured), who is also president, chairman and a co-founder of the firm, will stay on in those roles or leave.
Aqua Metals, the US lead-acid battery-recycling start-up, is ramping up its commercial fightback by completing its “first24-hour run of continuous operations” of lead production after months of production setbacks.
The company confirmed on 5 March it had completed the move following modifications to its AquaRefining facility in Nevada to resolve a “sticky lead” condition that had hampered production.
US lead-acid battery-recycling start-up Aqua Metals has successfully modified equipment to resolve a “sticky lead” condition that had hampered production at its facility in Nevada.
The company, which is working to commercialise a water-based recycling process, revealed last December that lead recovered during its AquaRefining process was sticking to the exit chutes of processing equipment.
US lead-acid battery-recycling start-up Aqua Metals has pledged to “vigorously” defend itself against allegations that it has been “misleading” investors about its technology.
Aqua Metals has previously declined to comment on class action complaints made towards the end of 2017— after the company admitted it was “significantly behind schedule” with production and was “retrofitting” equipment to tackle production problems.