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Avalon Advanced Materials Appoints PJ Juvekar to Its Board of Directors

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Avalon Advanced Materials (AVL.TO) on Friday said it appointed PJ Juvekar to its board of directors, effective June 8.

Juvekar currently serves as a Senior Advisor with Boston Consulting Group and also serves as a Senior Advisor to Nouryon, a Carlyle-owned specialty chemicals company, said the company.

"Juvekar is a former top-ranked Wall Street analyst and accomplished business leader with more than 30 years of experience across capital markets, corporate strategy, and industrial sectors," stated the company.

During his more than two decades at Citigroup, Juvekar held several senior leadership positions, ultimately serving as Global Head of Research for Chemicals, Agriculture, and Climate Tech, the company added.

"PJ brings an exceptional combination of capital markets credibility, industrial sector expertise, and strategic advisory experience that is rarely accessible to a company of Avalon's size," said board chair Alan Ferry. "As Avalon advances toward the next stage of corporate and project development, including expanded engagement with institutional investors, government stakeholders, and strategic industry participants, PJ's perspective and network will be tremendously valuable.."

The company's shares were last seen up $0.005 tot $0.06 on the Toronto Stock Exchange.

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