- American Pacific Borates (ABR) appoints Henri Tausch as its new Chief Executive Officer, effective from August 9
- The role comes with a base salary of US$390,000 (around A$503,000) and a bonus of up to 80 per cent based on hitting KPIs
- In the new role, Mr Tausch will be responsible for managing all facets of project delivery at the company’s wholly owned Fort Cady Borate Mine Project in Southern California
- American Pacific Borates shares last traded at $1.40 on June 10
American Pacific Borates (ABR) has appointed Henri Tausch as its new Chief Executive Officer.
In the new role, Mr Tausch will be responsible for managing all facets of project delivery at the company’s wholly owned Fort Cady Borate Mine Project in Southern California. The role comes with a base salary of US$390,000 (around A$503,000) and a bonus of up to 80 per cent based on hitting KPI’s.
Mr Tausch comes with prior business experience as a Board of Director, CEO and COO, most recently holding the role of Senior Vice President and COO at global infrastructure and energy technology services company Shawcor.
“I was drawn to ABR as there are very few times in your career you have an opportunity to be involved in such a unique project that has the potential to make a real difference to arguably the largest issue facing humanity — decarbonisation,” said Henri Tausch.
“ABR is destined to become one of only three meaningful global producers of borates which are a necessary input into so many global decarbonisation applications, from micro nutrients to increase yield to stop deforestation, to permanent magnets for electric vehicles and wind turbines, to lithium-ion and lithium-sulfur batteries, to solar PhotoVoltic modules and nuclear power plants.”
Henri Tausch will assume the role from August 9.
American Pacific Borates shares last traded at $1.40 on June 10.