RecycLiCo appoints Dr. Yi Hyon Paik to advisory board

RecycLiCo Battery Materials Inc., Surrey, British Columbia, a company that focuses on developing lithium-ion battery recycling and upcycling technologies, has announced the appointment of Dr. Yi Hyon Paik to its advisory board. The company says Paik is a renowned industry expert who brings a wealth of knowledge and experience in multinational companies, the electronic materials industry and the energy storage sector.

Paik currently serves as a senior advisor at Ace Equity Partners, a position he has held since 2020. Previously, he was president and chief strategy officer of South Korean lithium-ion battery and electronic materials producer Samsung SDI and oversaw various business units and played a pivotal role in driving strategic initiatives. He also served as executive vice president and head of the electronic materials business at Samsung Cheil Industries and worked at Dow Chemical Co. and Rohm and Haas as business group vice president and president of electronic materials business.

RecycLiCo says Paik has demonstrated his expertise in strategic planning, global business operations and technological innovation throughout his career, and has played a key role in numerous mergers and acquisitions, driving the expansion of businesses into new profitable segments. The company notes Paik served as a board member of Versum Materials Inc., contributing to its successful acquisition by Merck KGaA in a $5.8 billion transaction.

Paik holds a doctorate chemistry from the University of Pittsburgh, a master’s in chemistry from Seoul National University and has pursued postdoctoral research at Columbia University.

“We are thrilled to welcome Dr. Yi Hyon Paik to our advisory board,” RecycLiCo CEO Zarko Meseldzija says. “His vast leadership experience, global business acumen and expertise in electronic materials and energy storage will undoubtedly enhance our strategic decision-making processes. Dr. Paik’s unique insights will play a crucial role in shaping our future growth and positioning us as an industry leader.”

The company says Paik’s appointment to the board reinforces its commitment to fostering innovation and driving excellence in the battery recycling industry, adding that his extensive network in Korea and Japan, as well as his knowledge of the strengths and weaknesses of both business systems and cultures, will prove invaluable in advancing the company’s global initiatives.