– SWITZERLAND, Baar – Ferrexpo plc (LON: FXPO), a premium iron ore pellet supplier to the global steel industry, today announced the appointment of Stuart Brown to its Board as an Independent Non-Executive Director effective from 22 October 2023.
“We are pleased to welcome a Non-executive Director of Stuart’s caliber to the Board. His decades of experience in finance and the mining industry, in addition to operating in challenging geo-political circumstances, are competencies that will benefit Ferrexpo,” said Board Chair, Lucio Genovese.
Mr. Brown has also joined the Audit Committee.
The Company also announced the retirement of Graeme Dacomb from the Board at the end of this year.
About Stuart Brown
Stuart Brown is a seasoned mining executive with extensive board-level experience. He previously held both CFO and CEO roles at De Beers and its various subsidiaries, where he played a central role in reshaping the group and positioning it for the future. Most recently, Mr. Brown served as President and CEO at Mountain Province Diamonds Inc., a company listed on the Toronto Stock Exchange, and as CEO of Firestone Diamonds Plc, formerly listed on the AIM of the London Stock Exchange where he established a track record of building teams and leading business transformation to develop lean, agile, high performing organizations.
About Ferrexpo
Ferrexpo is a Swiss-headquartered iron ore company with assets in Ukraine and a premium listing on the London Stock Exchange in the FTSE 250 index (ticker FXPO). The Group produces high-grade iron ore pellets, which are a premium product for the global steel industry and enable reduced carbon emissions and increased productivity for steelmakers when the Group’s iron ore pellets are converted into steel, compared to more commonly traded forms of iron ore. Ferrexpo’s operations have been supplying the global steel industry for over 50 years. Before Russia’s invasion of Ukraine in February 2022, the Group was the world’s third-largest exporter of pellets to the global steel industry. The Group has a global customer base comprising premium steel mills around the world.
SOURCE: https://www.ferrexpo.com/
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