Business
Management Appointments
Management Appointments.
About this update from Iofina Plc
[{"type":"text","content":"\n RNS Number : 1591X Iofina PLC 10 August 2009 \n \n10 August 2009 \nIofina plc\n ('Iofina' or 'the Company')\n\nManagement Appointments \n\nThe Directors of Iofina are pleased to announce the appointment of Forest D. Dorn as CEO and President of Iofina Natural Gas, Inc, a subsidiary of Iofina PLC. Mr. Dorn brings over thirty (30) years of broad oil and gas experience. This experience will further progress the Company in its production of iodine and natural gas in the Atlantis Prospect and third party brine streams.\nMr. Dorn began his oil and gas career with Forest Oil Corporation (NYSE:FST US$1.773 bn cap). in 1977 as a Landman. Mr. Dorn was Division Manager of Forest's Gulf Coast Operations overseeing all aspects of exploration and production. He subsequently held several senior management and business development positions in Denver, Colorado, and ultimately earning the title of Senior Vice President. \nPrior to his Appointment as CEO and President of Iofina Natural Gas, Inc., Forest D. Dorn was a Member/Manager of Avanti Exploration, LLC since 2004. Mr. Dorn developed and managed an exploration program in the Illinois basin utilizing full tensor gradiometry in conjunction with traditional exploration tools and a multi-well exploitation programme in South Louisiana. \nFollowing the recent acquisition of H&S Chemical, Iofina's CEO David Schneider will assume the role of CEO and President of H&S Chemical in addition to his role as CEO of Iofina plc. H&S Chemical will be renamed Iofina Chemical. The acquisition will give the Company a strategic platform with complete vertical integration into iodine derivatives and a particular strength in the higher margin organic iodine derivatives markets.\nDr Chris Fay, Non-Executive Chairman of Iofina plc commented:\n'We are delighted to welcome Forest Dorn to the Company and believe his strong experience and knowledge will ensure our ambitious production targets are met. This allows David Schneider, Ph.D. to exploit his significant experience in iodine derivates and integrate H&S Chemical with Iofina...