– UK – ZincOx Resources plc, (AIM:ZOX) the developer of one of the largest electric arc furnace dust recycling facilities in the world, is pleased to announce the appointment of Rod Beddows as the independent Interim Non-Executive Chairman with immediate effect. Dr Beddows’ appointment marks the separation of the roles of Chairman and Chief Executive Officer, in line with the undertaking made to the International Finance Corporation following its investment in the Company late in 2013. Dr Beddows, previously ZincOx’s Deputy Chairman, replaces Andrew Woollett who remains as Chief Executive Officer.
Rod Beddows has over 30 years of experience as a strategy consultant and financial adviser to mining and metals companies. He was the co-founder of Hatch Corporate Finance (now HCF International Advisers), acted as its CEO for seven years and now holds the position of Director and Senior Adviser. Prior to HCF, he founded and acted as Chairman and CEO of Beddows and Co, one of the steel industry’s foremost consultancy groups. Dr Beddows was appointed to the ZincOx Board in February 2008, chairs the Nomination Committee and also sits on the Remuneration Committee
Commenting on the announcement, Andrew Woollett, Chief Executive Officer, said: “As we complete the ramp-up to full production at the Korean Recycling Plant, we are beginning to focus on reshaping the Board to reflect the changing priorities and growth strategy of the Company. I am delighted that Rod Beddows has agreed to act as Chairman during this period of change. Rod is uniquely qualified to do so, combining a clear understanding of ZincOx’s business, with a strong track record as a resource industry strategist”
Rod Beddows, Interim Non-Executive Chairman, said: “I would like to thank Andrew Woollett for his hard work as Chairman over the past nine years. We all look forward to his continuing contribution as CEO. ZincOx is entering a new and exciting period of growth and I look forward to supporting the management during this transition”.
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