Ferrexpo Board Appointment

RNS Number : 2811O

Ferrexpo PLC

27 May 2015

 

27 May 2015

Ferrexpo plc

("Ferrexpo", the "Group" or the "Company")

Ferrexpo Board Appointment

Ferrexpo announces that Mary Reilly has been appointed as an independent non-executive director, with effect from 27 May 2015.   

Michael Abrahams, Chairman of Ferrexpo, said:

"I am very pleased to welcome Mary Reilly to the Ferrexpo Board. She brings with her extensive financial experience having worked as an audit partner at Deloitte before retiring, after nearly 40 years, in 2013. Mary has also served in a variety of non-executive roles in the private and public sectors in Britain and abroad. We look forward to her making a valuable contribution to our Board".

Mary Reilly is a Chartered Accountant and a former audit partner of Deloitte LLP, where she worked with a range of industrial and charitable organisations. She also ran Deloitte's Outsourcing Unit (offering payroll, accounting and back office services to multinational clients) and was the London audit practice's Corporate Responsibility Leader.

Ms Reilly has extensive non-executive experience in organisations including the London Development Agency (which she chaired) and LOCOG (the company established to run London's successful bid to hold the 2012 Olympic Games). She currently chairs the Audit and Risk Committees of the UK Department of Transport and of Crown Agents Ltd (an international supply chain services business), and is a non-executive director and chairs the Audit Committee of the NASDAQ-listed internet media company Travelzoo Inc.

For further information contact:

Ferrexpo:
Ingrid McMahon	[phone]
Maitland:
Peter Ogden	[phone]

Notes to Editors:

Ferrexpo is a Swiss headquartered iron ore company with assets in Ukraine. It has been mining, processing and selling high quality iron ore pellets to the global steel industry for over 35 years. Ferrexpo's resource base is one of the largest iron ore deposits in the world. The Group is the 5th largest supplier of pellets to the global steel industry and the largest exporter of pellets from the CIS. In 2014, it produced a record 11 million tonnes of pellets, a 2% increase compared to 2013. Ferrexpo has a diversified customer base supplying steel mills in Austria, Slovakia, the Czech Republic, Germany and other European states, as well as in China, India, Japan, Taiwan and South Korea. Ferrexpo is listed on the main market of the London Stock Exchange under the ticker FXPO. For further information, please visit www.ferrexpo.com

 

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