---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-138800"
form_type: "8-K"
ticker: null
cik: "0001828811"
company_name: "Li-Cycle Holdings Corp."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:29:53.708107+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Executive Chair Tim Johnston resigns from Board; separation includes 18-month salary continuance

## Summary
- Tim Johnston to resign as director after May 23 annual meeting, effective May 31, 2024.
- Separation agreement provides bi-weekly salary continuance of $76,153.85 for 18 months through Nov 2025.
- Richard Storrie, former Regional President EMEA, entered separate separation agreement on April 26, 2024.
- Glencore gains right to nominate an additional director to fill vacancy from Johnston's departure.
- Board determined not to award STIP payments for Nov 2022-Dec 2023 performance period.

## SEC filing metadata
- accession: 0001193125-24-138800
- form_type: 8-K
- cik: 0001828811
- company_name: Li-Cycle Holdings Corp.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828811/000119312524138800/0001193125-24-138800-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828811/000119312524138800/d826129d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-138800
- JSON: https://secwatch.observer/filing/0001193125-24-138800.json
- Plain text: https://secwatch.observer/filing/0001193125-24-138800.txt

## Key facts
- Executive change
  Tim Johnston resigned as Director at Li-Cycle Holdings Corp..
  - Action: resigned
  - Role: Director
  source text: On May 8, 2024, Mr. Johnston notified the Chair of the Nominating and Governance Committee of the Board and the other Board members of his intention to resign as a director of the Company, following the conclusion of his employment with the Company on May 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828811/000119312524138800/0001193125-24-138800-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.