February 27, 2026: Swiss energy storage group Leclanché said on February 25 Jens Emrich had been appointed chief financial officer effective March 1.

Emrich succeeds Hubert Angleys, who left the company last November, on completion of what Leclanché said was his temporary assignment to the post.

Emrich brings more than 25 years of international finance leadership experience across industrial and energy-related sectors, the firm said.

Most recently, he was a senior executive at Li-Cycle Europe — part of the troubled lithium ion battery recycling group that was acquired by mining giant Glencore last year.

Pierre Blanc, CEO of the Leclanché Group, said Emrich’s expertise will be instrumental as the firm continues to bolster its financial structure.

The appointment was announced five days after Leclanché said it had concluded a financing arrangement with strategic partners in the amount of CHF 16.7 million ($22 million) to support its near-term operational requirements.

Leclanché said the arrangement provides additional liquidity for the coming months and enables the company to meet its ongoing obligations, including employee salaries, suppliers and project-related commitments.

The agreement also provides operational stability and allows teams and management to focus on execution of current activities, the firm said.

Meanwhile, the board and executive committee continue to assess options aimed at strengthening the company’s capital structure in the long term.

Batteries International reported last June that Leclanché was pushing ahead with efforts “to achieve and maintain a positive equity position” and to demonstrate the firm’s ability to continue as a going concern through at least June 2026. The company had said previously that it was in a situation of negative equity as of the end of 2024.