Li-Cycle Holdings Corp. (NYSE: LICY), a leading global resource recovery company for lithium-ion batteries, is excited to announce the appointment of Craig Cunningham as Chief Financial Officer (CFO), effective July 20, 2024. Mr. Cunningham, who has been serving as the interim CFO since March 2024, brings nearly 20 years of expertise in accounting, finance, operations, and capital markets, coupled with a strong background in executive leadership.
Mr. Cunningham’s extensive experience includes spearheading financial strategies for publicly traded companies in the battery materials and mining sectors. As CFO, he will continue to oversee the Company’s finance operations, supporting Li-Cycle’s strategic goals and operational priorities.
Ajay Kochhar, President and CEO of Li-Cycle, commented, “Craig has proven to be a highly skilled executive in the battery materials and mining sectors. His contributions and expertise during his tenure as interim CFO have been exceptional. We eagerly anticipate Craig’s continued leadership as we pursue our key objectives, including advancing our collaboration with the U.S. Department of Energy on essential technical, financial, and legal aspects of our financing documentation and reviewing the Rochester Hub project.”
Before joining Li-Cycle, Mr. Cunningham served as CFO at Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM), where he played a crucial role in financial oversight and leadership for a company focused on electric vehicle battery materials. Prior to Electra, he was Vice President and Regional Financial Officer at Kinross Gold Corporation (TSX: K; NYSE: KGC), overseeing finance, IT, supply chain, and administration functions in Russia.
Mr. Cunningham holds a Bachelor of Accounting from Brock University and an MBA from Ivey Business School at Western University. He is also a Chartered Public Accountant and a Chartered Accountant.
Mr. Cunningham remarked, “Li-Cycle’s recent strategic investment, expansion of its commercial network, and ongoing cash preservation efforts highlight the Company’s resilience and capabilities. The long-term market opportunities for Li-Cycle remain strong, and I am excited to contribute to its growth and deliver long-term value to shareholders.
