Carbon Revolution plc announced Robert A. (Bob) Lutz will become Chair of the Board. Mr. Lutz has an extensive background in the automotive industry including as Vice Chairman of General Motors. The appointment of Mr. Lutz as Chair follows the appointment in November 2023 of Mr. Lutz and three other US-based experienced automotive executives Jacqueline A. Dedo, Burt Jordan and Matti Masanovich to the Board.

With the listing complete, James Douglas will step down as Chair and will retire from the Board. Lucia Cade and Mark Bernhard will also be retiring. Mr. Lutz has served as a director since November 2023 and brings to the Board significant board and executive experience in the automotive industry.

In additional to his role as Vice Chairman of General Motors, Mr. Lutz held various positions at General Motors from September 2001 through May 2010, including Chairman of General Motors North America, Vice Chairman of Product Development and Vice Chairman of Marketing and Communications. Mr. Lutz also served as Chairman and Chief Executive Officer of Exide Technologies from 1998 until 2002 and served on its board of directors until May 2004. Prior to his service at Exide Technologies, Mr. Lutz served in a variety of positions at Chrysler between 1986 and 1998, including as President and Chief Operating Officer, and at Ford Motor Company between 1974 and 1986.

Mr. Lutz earned a Bachelor?s degree in Production Management and a Master?s degree in Marketing, both from the University of California-Berkeley. Mr. Lutz served as a jet-attack aviator in the United States Marine Corps from 1954 to 1965 and attained the rank of captain. To complete the Board transition, and as contemplated in the Structured Equity Facility with Orion Infrastructure Capital (OIC), Chris Leary and Jonathan Magaziner of OIC will shortly be appointed to the Board.

Following this transition the members of the Board will be Bob Lutz (incoming Chair), Jake Dingle (CEO and Managing Director), Jacqueline A. Dedo, Burt Jordan, Chris Leary, Jonathan Magaziner, Matti Masanovich and Dale McKee (Chair of Audit and Risk Committee).