– AUSTRIA, Vienna – RHI Magnesita N.V. (LON: RHIM), the leading global supplier of refractory products, systems and solutions, today announced that its Board has nominated John Ramsay, Independent Non-Executive Director and Chairman of the Audit & Compliance Committee, as Deputy Chairman and Senior Independent Director with effect from 1 October 2020.
John has been with the Company since listing in 2017, he has had a distinguished executive career with Syngenta AG and is currently on the Boards of Koninklijke DSM N.V., G4S plc and Croda plc.
The nomination is the consequence that James Leng, Deputy Chairman and Senior Independent Director, informed the Company that he will step down from the Board with effect from 30 September 2020.
“Jim has been with RHI Magnesita since the listing of the Company in 2017. He has been a fundamental part of the establishment of the Company, and we have benefited significantly from his extensive experience and counsel. He has supported the Board with energy and passion on our governance journey from listing to date. We thank him for his dedication and service in his three years on the Board and wish him all the very best for the future.” said Board Chairman, Herbert Cordt.
Jim Leng said: “I have been pleased to serve RHI Magnesita and the Board as Deputy Chairman and Senior Independent Director since its flotation in 2017. It has been stimulating and I look forward to seeing the Company go from strength to strength.”
About RHI Magnesita
RHI Magnesita is the leading global supplier of high-grade refractory products, systems and solutions which are critical 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 customers around the world, with around 13,000 employees in 35 main production sites and more than 70 sales offices. RHI Magnesita intends to leverage its global leadership in terms of revenue, scale, product portfolio and diversified geographic presence to target strategically those countries and regions benefitting from more dynamic economic growth prospects.
Its shares have a premium listing on the London Stock Exchange (symbol: RHIM) and are a constituent of the FTSE 250 index.
For more information: https://www.rhimagnesita.com
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