Edition:
United States

Boart Longyear Ltd (BLY.AX)

BLY.AX on Australia Stock Exchange

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9 Dec 2016
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Summary

Name Age Since Current Position

Marcus Randolph

58 2015 Executive Chairman of the Board, Interim Chief Executive Officer

Brendan Ryan

2016 Chief Financial Officer

Denis Despres

2016 Chief Operating Officer

Fabrizio Rasetti

2007 Senior Vice President, General Counsel, Company Secretary

Bradley Baker

2008 Senior Vice President - Human Resources

Terry Kirkey

2015 Vice President - Drilling Services Operations

Jeffrey Olsen

2016 Director

W. Peter Day

2014 Non-Executive Director

Jonathan Lewinsohn

2014 Non-Executive Director

Jeffrey Long

58 2015 Non-Executive Director

Gretchen McClain

53 2015 Non-Executive Director

Deborah O'Toole

59 2015 Non-Executive Director

Bret Clayton

2015 Non-Executive Independent Director

Rex McLennan

2015 Senior Independent Non-Executive Director

Nate Stubbs

2016 Director, Investor Relations

Biographies

Name Description

Marcus Randolph

Brendan Ryan

Mr. Brendan Ryan is appointed as Chief Financial Officer of the Company., effective 6 September 2016. He most recently served as Rio Tinto’s Global Head of Business Evaluation from 2012 to 2015. Prior to that time, he held a number of senior executive roles with the company. Mr Ryan’s experience also includes engineering and operations roles at Shell Coal in Australia. He holds a Bachelor of Mining Engineering from the University of Queensland and a Master of Business Administration from the University of Oxford.

Denis Despres

Mr. Denis Despres is re designated as Chief Operating Officer of the Company., effective 1 September 2016. He joined the Company in 1981 as a Design Engineer in Canada and has held numerous positions in the company including VP Global Services, Sales Representative, Contracts Manager, General Manager of Underground Division, and General Manager of USA and Peru. He received his B.S. in Mechanical Engineering from Lakehead University in Canada, and his MBA from Queens University in Kingston, Ontario.

Fabrizio Rasetti

Mr. Fabrizio Rasetti is Senior Vice President, General Counsel and Company Secretary of Boart Longyear Limited. He joined Boart Longyear in April 2006. Prior to that time, he worked at SPX Corporation (New York Stock Exchange), where he held various management roles in the legal department and for business development over a period of almost nine years. He also worked in the private law firms of Howrey & Simon and Towey & Associates in Washington, DC. He received his BS in Foreign Service and J.D. from Georgetown University.

Bradley Baker

Mr. Bradley (Brad) Baker is Senior Vice President - Human Resources of Boart Longyear Limited. Prior to joining Boart Longyear he worked for Milacron Inc. in Cincinnati, Ohio for 17 years in a variety of operational, divisional and global human resources roles including: Vice President of Human Resources, Director of Human Resources, North America, Director of Human Resources for the Plastics Technologies Group and leading the human resources and leadership integration of multiple acquisitions including the Michigan-based consumable tooling manufacturer, Valenite Inc. Mr Baker received his Bachelor of Science in Business Administration from Bowling Green State University and his Master of Business Administration from Xavier University.

Terry Kirkey

Jeffrey Olsen

Mr. Jeffrey Olsen is Director of Boart Longyear Limited. Prior to Boart Longyear, He worked for Rio Tinto for 18 years in a variety of locations and roles. Most recently, he was the Chief Commercial Officer for Rio Tinto Iron & Titanium in London. Prior roles at Rio Tinto included chief financial officer roles for Rio Tinto Minerals in Denver, Colorado, and Rio Tinto Borax in Los Angeles, California. Mr. Olsen's earlier roles at Rio Tinto include Manager of Rio Tinto's Financial Planning and Analysis Group and Financial Executive for Rio Tinto's global Copper Group. Earlier in his career, Mr. Olsen worked in various financial roles for General Chemical Corporation and Xerox Corporation. Mr. Olsen received his Bachelor of Arts degree in International Politics from the University of Utah, and his Master of Business Administration from the University of Rochester.

W. Peter Day

Mr. W. Peter Day is Non-Executive Director of Boart Longyear Limited. He is a member of the Audit, Compliance and Risk and Remuneration Committees. Mr Day currently serves as a non-executive Director of, Alumina Limited, Ansell Limited and SAI Global Limited. Mr Day was formerly a Chairman and Director of Orbital Corporation Limited, a Director of Federation Centres Limited. He was Chief Financial Officer for Amcor Limited for seven years and has also held senior executive positions with Bonlac Foods, the Australian Securities and Investments Commission, Rio Tinto, CRA and Comalco. He has a background in finance and general management across diverse industries. Mr Day received his LL.B (hons.) from the Queen Victoria University of Manchester (UK) and MBA from Monash University (Australia). He also holds FCPA, FCA and FAICD designations.

Jonathan Lewinsohn

Mr. Jonathan Lewinsohn is Non-Executive Director of the Company. He was appointed a Director of the Company on 23 October 2014. Mr Lewinsohn is a Partner at Centerbridge Partners, LP., a major shareholder in the Company that manages approximately $25 billion of assets with a focus on credit, special situations, and private equity. Prior to joining Centerbridge Partners, L.P., Mr Lewinsohn was Head of Research and a permanent member of the Investment Committee at Anchorage Capital Group. He was previously a law clerk to Judge Richard A. Posner of the US Court of Appeals and began his career at Morgan Stanley in the Mergers & Acquisitions Group. Mr Lewinsohn received his J.D. from Yale Law School, where he was an editor of the Yale Law Journal, and his BA, summa cum laude, from Cornell University's College of Arts and Sciences as a Merrill Presidential Scholar. He is a Term Member of the Council on Foreign Relations and a member of Economic Club of New York. He previously served on the board of Martinrea-Honsel BV.

Jeffrey Long

Mr. Jeffrey W. Long is Non-Executive Director of the Company. Mr. Long brings a wealth of operational experience to the Board. He currently serves as Chief Executive Officer of Penhall Company, a Centerbridge Partners portfolio company and North America’s largest provider of concrete cutting, coring and removal services. He also was employed by Centerbridge Partners as Senior Managing Director from 2010 to 2015, where he focused on improving portfolio company operations. Prior to joining Centerbridge, Mr Long was a Managing Director at Vestar Capital Partners from 2005 to 2010 and a Principal at McKinsey and Company from 1993 to 2005, where he similarly focused on assisting companies in a diverse range of industries drive operational improvements. A graduate of the United States Military Academy at West Point, Mr Long also served as a Cavalry Officer in the US Army for fourteen years. He holds Masters degrees from Harvard University’s John F. Kennedy School of Government and the US Army’s Command and General Staff College.

Gretchen McClain

Ms. Gretchen W. McClain is Non-Executive Director of the Company. Ms. McClain has more than 25 years of global experience in both Fortune 500 corporations and government service. Most recently, from 2011 to 2013 she served as President and CEO of Xylem, Inc., an S&P 500 company and global water technology company with revenues of $3.8 billion, overseeing the successful creation and spin-off of the company from ITT Corporation. At ITT, she served as President of ITT Fluid Motion and Control, a diversified leading manufacturing company of highly engineered technology and equipment. Prior to ITT, Ms. McClain held a number of executive positions at Honeywell Aerospace (formerly AlliedSignal), including Vice President and General Manager of the General Aviation and Helicopter Electronics Systems Division and Vice President, Engineering and Technology of Aerospace Engines, Systems and Services. Earlier in her career, Ms. McClain spent nine years with NASA and received the NASA Distinguished Service Medal for her leadership role in the development of the International Space Station and Shuttle/Mir programmes. Ms. McClain currently serves on the boards of two publicly traded companies, AMETEK, Inc. and Booz Allen Hamilton Holding Corporation, both of which are listed on the New York Stock Exchange. She graduated from the University of Utah with a Bachelor of Science in Mechanical Engineering and received the university’s prestigious Founders Award in 2015.

Deborah O'Toole

Ms. Deborah M. O'Toole is Non-Executive Director of the Company. Ms O’Toole brings hands-on experience with major business transformations to the Board in addition to significant business development and financial skills. She served as the Chief Financial Officer and Executive Vice President of Aurizon Holdings Limited (QR Limited) from 2007 through 2012. Prior to that time, she was at Queensland Cotton Holdings from 2003 to 2005, where she held roles as Chief Financial Officer and Head of the Business Development Unit. Ms. O’Toole also has nearly twenty years of experience in the mining industry, having held a number of senior management positions with MIM Holdings, including as its Chief Financial Officer, from 1982 through 2001. Ms O'Toole currently is an independent Non-Executive Director at Credit Union Australia Limited and Sims Metal Management Limited. She has held several other independent directorships during her career and is a Member of the Australian Institute of Company Directors. She holds a Bachelor of Laws from the University of Queensland and was admitted as a Solicitor of the Supreme Court of Queensland in 1981.

Bret Clayton

Mr. Bret K. Clayton is Non-Executive Independent Director of the Company. Mr Clayton joins us after a distinguished career at Rio Tinto, where he worked for 20 years and served on the Executive Committee for seven years. He joined Rio Tinto in 1994 and held a series of management positions, including Chief Executive of Rio Tinto's global Copper and Diamonds groups, president and Chief Executive Officer of Rio Tinto Energy America (now Cloud Peak Energy) and Chief Financial Officer of Rio Tinto Iron Ore. He also served as the Group Executive for Business Support and Operations, which included Rio Tinto's global exploration, procurement, information systems, shared services, internal audit, risk management and economics groups. Prior to joining Rio Tinto, Mr Clayton worked for PricewaterhouseCoopers for nine years, providing auditing and consulting services to the mining industry. Mr Clayton also has served as a non-executive Director for several for-profit and non-profit entities, including Praxair, Constellium Holdco B.V. and Ivanhoe Mines Limited (now Turquoise Hills Resources).

Rex McLennan

Mr. Rex J. McLennan is Senior Independent Non-Executive Director of Boart Longyear Limited. He was appointed a Director of the Company on 24 August 2013. He serves as Chairman of the Finance Committee and also is a member of the Audit, Compliance & Risk Committee and Environmental, Health and Safety Committee. Mr McLennan currently serves on the Board of Endeavour Silver Corp. (TSX, NYSE) and is Chairman of its Audit Committee. He most recently served as Chief Financial Officer for Viterra, Inc., a leading global agricultural products company primarily involved in the distribution, marketing and processing of grain and oilseeds, which was acquired by Glencore International in December 2012. He has held finance roles in the resources and other industries, including serving as Executive Vice President and Chief Financial Officer for Placer Dome, Inc. prior to its acquisition by Barrick Gold Company, and the Vancouver Organising Committee (VANOC) for the 2010 Olympic Winter Games. He also has significant experience in the energy resources industry, having held progressive leadership roles earlier in his career at Imperial Oil Limited, Exxon's Canadian public oil company. Mr McLennan received his Master of Business Administration from McGill University in Finance/Accounting, and a Bachelor of Science in Mathematics/Economics from the University of British Columbia. He is also a member of the Institute of Corporate Directors (Canada) and received his ICD.D designation in June 2013 having completed all of the institution's certification requirements.

Nate Stubbs

Basic Compensation