The boardroom drama began when Braidy Industries said Thursday that its chairman and CEO, Craig Bouchard, would step down from that role but remain a member of the company’s board of directors. The company offered no reason for the change, which comes at a crucial time for efforts to build the mill near Ashland. Bouchard disputed the company announcement Friday, saying on social media that he did not authorize the company release and had not relinquished his job. Word of the company’s shakeup brought responses from the top levels of state government. Braidy’s Kentucky project drew widespread attention when the company forged a partnership with Russian aluminum giant Rusal, which previously faced U.S. sanctions for connections to a Russian oligarch.

Source: thestar January 31, 2020 19:30 UTC