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- Xerion Advanced Battery Corp. Appoints Jim Thompson as CFO
Xerion Advanced Battery Corp. Appoints Jim Thompson as CFO
Slice of Manufacturing Team
June 24, 2024
Key Highlights:
Jim Thompson joins Xerion as Chief Financial Officer, effective June 10, 2024.
Thompson previously served as CFO for Relyion Energy, Inc., and Our Next Energy, Inc.
His experience includes securing significant funding and leading financial operations in Fortune 500 companies.
Thompson's appointment aligns with Xerion's ambitious commercialization plans for innovative lithium-ion battery technology.
Xerion's patented technologies promise lower-cost, high-performance batteries with reduced carbon emissions.
Source (Business Wire)
Notable Quotes
“We are incredibly pleased to welcome Jim, whose depth of expertise in overseeing financial operations and raising capital for growing companies will be invaluable to Xerion’s ongoing commercialization efforts.”
“I am honored to join the impressive leadership team at Xerion during such a pivotal growth period for the company. With the demand for innovative battery and energy storage technologies continuing to grow, and the need to develop a robust battery materials supply chain mounting, Xerion is well-positioned to capitalize.”
Our Take:
The appointment of Jim Thompson as Chief Financial Officer at Xerion Advanced Battery Corp. signifies a strategic move to bolster the company's financial leadership during a critical phase of commercialization. Thompson's extensive background in securing substantial funding and his leadership roles across both established corporations and innovative startups make him a valuable addition to the Xerion team. His expertise will be crucial as Xerion aims to scale its revolutionary lithium-ion battery technology, which promises significant advancements in performance and sustainability. This move positions Xerion to capitalize on the growing demand for advanced energy storage solutions and to strengthen domestic battery supply chains.