- American Pacific Borates (ABR) appoints Tyson Hall as chief operating officer and Chance Piptone as head of corporate development and investor relations
- Both appointments will be effective from the latter half of September
- CEO Henri Tausch says the executives will enhance ABR’s delivery of value engineering for the Fort Cady boron facility and ensure a successful US listing
- Shares are up 1.49 per cent to $1.70 apiece at 1:12 pm AEST
American Pacific Borates (ABR) has made two key appointments to its senior management team, effective later this month.
Joining the company as chief operating officer, Tyson Hall is poised to bring substantial experience to ABR, having previously been held the position of global business director for performance materials at Albemarle Corporation.
The incoming leader was also responsible for the profits and losses of a business unit comprising US$3 billion (A$4.07 billion) of sales per annum, eight plants and 10,000 employees.
Alongside Mr Hall, Chance Piptone has been appointed as ABR’s head of corporate development and investor relations.
He previously managed and invested more than US$10 billion (A$13.57 billion) capital while serving as portfolio manager and a senior investment professional at investment management firms and hedge funds in the US.
Commenting on the news, CEO Henri Tausch said ABR was excited to welcome Mr Hall and Mr Piptone to the executive management team.
“Both executives bring substantial experience in their fields that will enhance the company’s delivery on value engineering for the Fort Cady Integrated Boron Facility development plan and our complementary US listing,” he said.
“Tyson will also serve as the interface between construction and operations and the specialty boron and advanced materials business, given his experience with Albemarle Corporation performing a similar function.
“Chance’s mandate includes advancing the company’s US market presence heading into the US listing by leveraging his experience in US and global equity and debt capital markets.”
American Pacific Borates’ shares were up 1.49 per cent to $1.70 apiece at 1:12 pm AEST.