PolyMet Leadership Team
Posted at: 07/17/2012 8:06 AM
PolyMet Mining Corp reported that it has strengthened its Minnesota-based executive management team.
PolyMet controls 100% of the development-stage NorthMet copper-nickel-precious metals ore-body and the nearby Erie Plant, located near Hoyt Lakes in the established mining district of the Mesabi Iron Range in northeastern Minnesota.
Jon Cherry has joined the Company as President, Chief Executive Officer, and a Director. Mr. Cherry has nearly 25 years experience in the mining industry, mainly within Rio Tinto plc, one of the world's largest mining companies, where he held positions of increasing responsibility. Among his achievements at Rio Tinto, he was General Manager responsible for permitting and initial development of the Eagle nickel-copper project in Michigan's Upper Peninsula.
Joe Scipioni stepped down as a Director of the Company and continues as Chief Operating Officer focused on operational matters at the NorthMet Project near Hoyt Lakes Minnesota. Mr. Scipioni joined the Company in 2006 and has more than 35 years experience in the Minnesota mining industry.
Douglas Newby continues as Chief Financial Officer. Mr. Newby joined PolyMet in 2005 and has 30 years experience in mine evaluation and finance, including increasingly senior positions in investment banking in London and New York, before becoming a corporate executive.
Brad Moore continues as Executive Vice President - Environmental and Government Relations. Mr. Moore joined the Company in early 2011. He has 25 years experience in Minnesota regulatory environment, including serving as Commissioner of the Minnesota Pollution Control Agency from 2006 to 2008. In addition, Mr. Moore has more than 17 years of experience at the Minnesota Department of Natural Resources.
Ryan Vogt CPA, Corporate Controller, joined the Company in April 2012. Mr. Vogt started his career as an audit manager with a Big Four accounting firm before serving as Assistant Controller of an electronics service company based in Minneapolis for eight years.
Jenny Knudson, Vice-President - Investor Relations joined the Company in July 2012. Ms. Knudson began working for Northwestern Mutual in 2005 where she received her securities license. Prior to joining PolyMet, she has spent the last five years with a wealth management firm in the Minneapolis area.
Following the recent Annual Shareholders' Meeting, the Board elected Ian Forrest as Chairman. In addition to Mr. Forrest and Mr. Cherry, the Board comprises six non-management directors: David Dreisinger, Al Hodnik, William Murray, Stephen Rowland, Frank Sims, and Michael Sill. In welcoming Mr. Cherry to PolyMet, Mr. Forrest observed that the Company is well placed to advance the NorthMet Project.
"I am excited to have joined the PolyMet team," Mr. Cherry said. "The team is making excellent progress working with State and Federal regulators. In the coming weeks and months, we expect to report successful achievement of significant milestones on the path to completion of the NorthMet environmental review and subsequent permitting."
He continued, "We have the key members of the team in place to be able to complete the permitting process and then build and operate Minnesota's first copper-nickel-precious metals mine. The continued support of Glencore, our strategic partner, financially, technically and as marketer of our product is an important part of the PolyMet project."
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