After more than 10 years of dedicated service, Paul Atherton has decided to step down as Chairman of the Nexeon Board of Directors. Paul was a founder and early investor in the company, and has overseen its evolution from start-up to the world class silicon anode materials company it is today. The Board, the company and its investors would like to thank Paul for his stewardship and support during this time. Christina McComb OBE, senior independent director, will take Paul’s place as Chairman of the Board. Paul will take up a new position as Chairman of the Scientific Advisory Board. These changes are effective from today.

Paul Atherton said: “I am pleased to leave the company in a stronger position commercially and technically than at any time since I collaborated in founding it 12 years ago. I remain a passionate supporter of the business and its management team in their mission to dramatically improve the performance of Li-ion batteries.”