Henri Tausch appointed CEO of American Pacific Borates Limited

SYDNEY, AUSTRALIA: American Pacific Borates Limited (ASX:ABR) has appointed Henri Tausch as the Company’s new Chief Executive Officer, commencing 9 August 2021, a news release said.

It is the intention of the Board to appoint Henri as the Managing Director of the Company in the short term to coincide with a planned complementary listing in the US for ABR’s securities.

Henri has broad global business experience at Board of Director, CEO and COO level. Most recently he was a Senior Vice President and COO at TSX listed Shawcor Ltd, a global infrastructure and energy technology services company where he worked between 2011 and 2021.

As COO he had global operations ownership with responsibility for the financial performance of all operating businesses. Prior to Shawcor Ltd, Henri worked at Honeywell International Inc between 1995 and 2011, finishing as Vice President and General Manager of Honeywell Field Solutions. Throughout his career he has worked in the United States, Europe and Australia.

Henri holds a Masters of Science in Electrical Engineering and Control Systems from the Technical University of Eindhoven, the Netherlands, a Six Sigma Greenbelt and has attended the Thunderbird School for Global Management.

As CEO, Henri will primarily be responsible for managing all facets of project delivery and working with key US stakeholders to complete and then manage a complementary listing in the US for ABR’s securities.

Commenting on his appointment, Mr Tausch said:“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.

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 Photo Voltic modules and nuclear power plants.

ABR has established an amazing project team supported by some of the sharpest minds in global decarbonisation and US public markets in the Advisory Board and we now have an amazing opportunity to become a really special company delivering a very scarce but very necessary commodity into the US.”.

American Pacific Borates Ltd

1.40 AUD 0.00 (0.00%)today

11 Jun, 3:35 pm GMT+10 · Disclaimer

ASX: ABR

www.americanpacificborates.com

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