Princeton NuEnergy appoints president, chief financial officer

Princeton NuEnergy (PNE), a Princeton, New Jersey-based lithium-ion battery (LIB) recycler, has named Joseph Park president and chief financial officer (CFO).  

In this role, Park will oversee the company's financial strategy, capital formation and strategic partnerships as PNE transitions from pilot operations to large-scale commercial production.  

The company says his appointment reflects its commitment to accelerating U.S. critical minerals security and supply chain resilience through proprietary, capital-efficient and closed-loop production processes. 

Park is an experienced executive with leadership experience across the global battery industry and international capital markets. He brings experience in financing large-scale manufacturing expansions, executing global joint ventures and leading corporate strategy for battery manufacturers. 

RELATED: PNE battery recycling facility now fully operational 

Prior to joining PNE, Park served as a senior executive at SK On with more than six years as CFO and chief strategy officer and two years as head of global strategy, where he played a central role in the company's global expansion across the U.S., Europe and Asia.  

During his tenure, SK On executed multi-billion-dollar capital raises, strategic partnerships and manufacturing scale-up initiatives that established the company as a global leader in LIB production. 

Prior to joining SK On, Park held senior leadership positions in global investment banking, serving as head of Korea investment banking at Barclays Corporate & Investment Bank and Daiwa Securities. Earlier in his career, he was an investment banker with Goldman Sachs and Morgan Stanley, and a management consultant with the Boston Consulting Group. Throughout his career, Park has advised multinational corporations on strategy, mergers and acquisitions and large-scale financing across the energy, industrial and technology sectors. 

“We are thrilled to welcome Joe to the Princeton NuEnergy leadership team,” Chao Yan, co-founder and CEO of Princeton NuEnergy says. “Joe's experience in battery manufacturing expansion, global partnerships and capital strategy will be invaluable as we continue to scale our commercial operations and deliver reliable, high-quality production for our customers."