Appointment of CFO

RNS Number : 6302D

Iofina PLC

28 October 2015

 

28 October 2015

Iofina Plc

("Iofina" or "the Company")

(LSE AIM: IOF)

APPOINTMENT OF CHIEF FINANCIAL OFFICER

Iofina, specialists in the exploration and production of iodine and iodine specialty chemical derivatives, is pleased to announce the appointment of Neil K. Hekking as Executive Director to the Board with immediate effect.  Neil will also serve as the Company's Chief Financial Officer ("CFO").

Neil joins with a demonstrable track record following a myriad of senior finance roles, including Group Corporate Controller of TASI GROUP. TASI provides advanced test and inspection instrumentation & systems, flowmeters and flow control products, measurement instrumentation and automated assembly and test systems. Prior to this position, Neil served as European Controller at RTP Company, a manufacturer of engineered plastics with its European headquarters based in France. Neil also holds an International Finance MBA from the Moore School of Business, University of South Carolina, U.S.A.

In conjunction with today's appointment, Michael Coddington, who has held the position of Finance Director since April 2014, steps down from the Board but remains at the Company working alongside the senior team in a Finance Controller capacity. The Board would like to thank Mike for his support and work to date and welcomes him into his new role.

Commenting on the news, President and CEO Dr. Tom Becker, stated: "We are delighted to welcome Neil to the Board. Neil brings both local and international financial management experience to Iofina.  Neil will play an important role in controlling and managing the Company's finances and reporting structures - a role that is vital as Iofina continues its excellent recent growth and move towards becoming North America's second largest producer of iodine."

Additional information on Neil Hekking:

The following information is disclosed in accordance with Schedule 2(g) of the AIM Rules for Companies.

Full name: Neil Kirby Hekking

Age: 44

Shares held: None

Directorships/partnerships held in the last five years:

Current	Past
None	None

There are no other matters which are required to be announced for Neil Hekking pursuant to Schedule 2(g) of the AIM Rules for Companies.

Enquiries:

For further information, please contact:                                                                                            

Dr. Tom Becker, CEO & President

Iofina plc

Tel: [phone]

Christopher Raggett/Giles Rolls/Joanna Scott

finnCap Ltd

Tel: [phone]

Rob Collins/Emily Morris

GMP Securities

Tel: [phone]

Dominic Barretto/Harriet Jackson

Yellow Jersey PR Limited

Tel: [phone]

About Iofina:

Iofina specializes in the exploration and production of iodine, iodine specialty chemical derivatives and produced water. Iofina's business strategy is to identify, develop, build, own and operate iodine extraction plants currently focused in North America based on Iofina's WET® IOsorb® technology. Iofina has production operations in the United States, specifically in Montana, Kentucky and Oklahoma. It has complete vertical integration from the production of iodine in the field to the manufacture of the chemical end-products derived from iodine to the consumer and the recycling of iodine using iodinated side-streams from waste chemical processes. Iofina utilizes its portfolio of patented and patent pending technology, proprietary methods and trademarks throughout all business lines.

www.iofina.com 

 

END

 

 

BOAPGGWPUUPAGMM