74eda6fd-62cd-4ec9-9455-6367c36903da.pdf
ASX Announcement 6 June 2016
A p p o i n t m e n t o f C h a i r m a n
Atlas Iron Limited (ASX: AGO) (Atlas or the Company) is pleased to advise that Eugene I Davis has been appointed as Chairman.
Mr Davis, who was appointed to the Board in May this year as part of the financial restructuring agreement, replaces Cheryl Edwardes, who will remain on the Board as a Non-executive Director. Mrs Edwardes will also be a member of the Board's Audit and Risk Committee, the Remuneration Committee and the Nomination and Corporate Governance Committee.
Mr Davis is a highly experienced company director and businessman. He has been a director and chairman of a number of companies in various sectors including mining, metals, energy, oil and gas, import-export, transportation and logistics.
"I look forward to working with the Atlas team to maximise returns for all shareholders," Mr Davis said.
Information about Mr Eugene I Davis
Information about Mr Eugene I Davis is set out in Annexure A to this announcement.
Investor Enquiries:
Atlas Iron +61 8 6228 8000
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Tony Walsh
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Company Secretary
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Media Enquiries:
Read Corporate +61 8 9388 1474
Paul Armstrong +61 421 619 084
Important Notice
This announcement does not constitute an offer to acquire or sell or a solicitation of an offer to sell or purchase any securities in any jurisdiction. In particular, this announcement does not constitute an offer, solicitation or sale to any U.S. person or in the United States or any state or jurisdiction in which such an offer, tender offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"), and neither such securities nor any interest or participation therein may not be offered, or sold, pledged or otherwise transferred, directly or indirectly, in the United States or to any U.S. person absent registration or an available exemption from, or a transaction not subject to, registration under the United States Securities Act of 1933.
Annexure A Information about Eugene I Davis
Chairman
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Details
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Mr Eugene I Davis
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Mr Davis is the founder, Chairman and Chief Executive Officer of PIRINATE Consulting Group, LLC, a privately held consulting firm specialising in turnaround management, merger and acquisition consulting, hostile and friendly takeovers, proxy contests and strategic planning advisory services for domestic and international public and private business entities.
Since forming PIRINATE in 1999, Mr Davis has advised, managed and served as a Chief Executive Officer, Chief Restructuring Officer, Director, Committee Chairman and Chairman of the board of a number of businesses operating in diverse sectors including metals, energy, oil & gas, import-export, mining and transportation and logistics. Previously, Mr Davis served as President, Vice Chairman and Director of Emerson Radio Corporation and Chief Executive Officer and Vice Chairman of Sport Supply Group, Inc. Mr Davis is also a director of Spectrum Brands, Inc., U.S. Concrete, Inc., WMI Holdings Corp, Hercules Offshore, Inc., and Genco Shipping & Trading Ltd.
Mr Davis began his career as an attorney and international negotiator with Exxon Corporation and Standard Oil Company (Indiana), and has also been as a partner at two Texas-based law firms, specialising corporate and securities law.
Mr Davis holds a bachelor's degree from Columbia College, a master of international affairs degree in international law and organisation from the School of International Affairs of Columbia University, and a Juris Doctor from the Columbia University School of Law, USA.
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