September 1 will be a day of transition for the executive cabinet at Canadian miner Standard Lithium: it is the effective date of the retirement of CEO Robert Mintak and the start date for his replacement, David Park.
In a transition that it said aligns with the company’s growth strategy and next steps in value creation, Standard confirmed Mintak will remain engaged as an advisor for the coming year.
Park has been actively engaged with Standard Lithium as a strategic advisor over the last year, working closely with the senior management team. He was extensively involved in corporate, project, and strategic developments, ensuring alignment and effective execution of initiatives, including helping to secure Equinor ASA as a strategic partner.
Prior to his advisory role, Park was president of Koch Strategic Platforms (KSP), which invested in Standard Lithium in 2021. Before that, he was Senior Vice President, Strategy and Business Development of Georgia-Pacific, another subsidiary of Koch Industries. His past positions include President of TrueNorth Energy and Koch Exploration, and CFO of Koch’s Canadian exploration and production, pipeline, and energy trading business.
“The appointment of Park as the next CEO is the culmination of a thorough succession planning process by the company’s board of directors, which looked to bring in a candidate who could lead Standard Lithium in its next phase of growth and value creation for shareholders,” Standard Lithium officials said.
“This transition comes at a pivotal time, coinciding with the recent partnership with Equinor, which has significantly strengthened the Company’s position and set the stage for accelerated progress and innovation.”
Source: www.standardlithium.com