Lake Resources NL (ASX:LKE, OTCQB:LLKKF) has strengthened its executive team through the appointment of Scott Munro, who has a proven track record in project financing and delivery, to the new position of senior vice president – Technology, Strategy and Risk.
The company said this was a key appointment “to strengthen and broaden the experience of the Lake Resources management team and build the business for the long term”.
Munro’s skillset is expected to benefit Lake as it makes the transition from explorer to producer. He has:
- A proven track record in project financing and delivery;
- is skilled in strategic growth and expansion planning; and
- has clean energy technology experience.
Executive chairman Stuart Crow said: “This role will lead technology engagement for the company as it transitions towards development of resources and will support the continuing evolution of Strategy and Risk processes in support of long-term value creation for stakeholders.
“This is part of Lake’s aspirational target to produce 100,000 tonnes per annum of high purity lithium; underpinning Lake’s aim to become a leading lithium producer globally."
This role forms part of the new executive structure at Lake to work alongside the COO and the newly appointed CDO.
Broad experience and skills
Munro has significant experience and skills in strategic partnerships, corporate strategic planning and technology development.
In addition, he has experience in creating new business units and growing them rapidly to deliver large-scale industrial developments.
“Lake recognises the need for long-term planning and the value of strategic relationships to support corporate growth as the company transitions from exploration to development and production in the high-growth lithium market,” Crow added.
The new executive team member has overseen the successful delivery of large-scale industrial projects in international markets and has broad experience including general management, strategic planning, partnership development and overseeing technology development.
Previous roles
Munro’s prior roles included corporate development officer at McDermott International with responsibility for Strategy Development following a period as Business Unit leader for the company’s Americas, Europe and Africa (AEA) Business Unit and overseeing its re-entry into these geographical areas.
In addition, Munro also sat on the board of directors of the McDermott/Baker Hughes Joint Venture consultancy company, io consulting, and the Low Carbon Technology development business NETPower as it moved through pilot plant delivery.
New CEO/MD
READ: Lake Resources new CEO to help fast-track lithium project milestones in Americas
The appointment follows the appointment of David Dickson who assumed the role of CEO and managing director.
Dickson is an industry leader with more than 30 years of experience in engineering, construction and EPC cost management, across the energy sector.
He has a proven track record in successfully delivering multi-billion-dollar resource projects.