– AUSTRIA, Vienna – RHI Magnesita N.V. (LON:RHIM) today announced that Fiona Paulus and Janet Ashdown have accepted their nomination to the Board as independent Non-Executive Directors. As of the beginning of December, the Company will be benefitting from their valuable expertise and experience. Janet will chair the Corporate Sustainability Committee, which Fiona will join.

Herbert Cordt, Chairman, commented, “I am delighted that Fiona and Janet will be joining the Board of Directors. They bring a broad range of banking, energy, international business and corporate sustainability experience to the Board, which will be valuable to the Group’s further growth and development. These appointments demonstrate the Board’s commitment to further enhancing its composition both in terms of the skills and experience available as well as ensuring a balanced and diverse structure.”

About Fiona Paulus

Fiona Paulus has over 37 years’ investment banking experience, having held senior roles with a number of international investment banks based in London, Europe and Latin America. Since January 2018, Fiona has been Managing Director at Redcliffe Advice, an investing and consulting business.

About Janet Ashdown

Janet Ashdown had a distinguished career working for BP plc for over 30 years, holding a number of international positions. Until the end of 2012, Janet was Chief Executive Officer of Harvest Energy Ltd. Janet also has a wide range of board and committee experience as a non-executive director. These include the UK’s Nuclear Decommissioning Authority SIG plc, Victrex plc and Marshalls plc, where she is Senior Independent Non-Executive Director and Chair of the Remuneration Committee.

About RHI Magnesita

RHI Magnesita is the global leading supplier of high-grade refractory products, systems and solutions which are indispensable for industrial high-temperature processes exceeding 1,200°C in a wide range of industries, including steel, cement, non-ferrous metals and glass. With a vertically integrated value chain, from raw materials to refractory products and full performance-based solutions, RHI Magnesita serves more than 10,000 customers in nearly all countries around the world. The Company has broad geographic diversification with more than 14,000 employees in 35 main production sites and more than 70 sales offices. RHI Magnesita intends to use its global leadership position in terms of revenue, greater scale, complementary product portfolio and diversified geographic presence around the world to target opportunistically those countries and regions benefitting from more dynamic economic growth prospects.

For more information : https://www.rhimagnesita.com/en

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