Business
The Metals Company Announces Appointment of Michael Hess and Alex Spiro to its Board of Directors
Michael Hess, an experienced investor and operator in the energy sector, brings deep networks and expertise in financing and developing businesses focused on th
About this update from Tmc The Metals Company Inc.
[{"type":"text","content":" Michael Hess, an experienced investor and operator in the energy sector, brings deep networks and expertise in financing and developing businesses focused on the U.S. energy supply chain Alex Spiro, a high-profile U.S. attorney and investor, joins with extensive regulatory, governance and capital markets experience across sectors including energy, technology, and mining Appointments strengthen TMC’s Board as the Company executes on its U.S. strategy and accelerates progress toward commercial recovery of polymetallic nodules in international waters under the existing U.S. seabed mining code NEW YORK, June 16, 2025 (GLOBE NEWSWIRE) -- TMC the metals company Inc. (Nasdaq: TMC) (TMC or the Company), a leading explorer of the world’s largest undeveloped resource of critical metals essential to energy, defense, manufacturing, and infrastructure, today announced the appointment of Michael Hess and Alex Spiro to its Board of Directors as it advances its plans to begin commercial recovery of polymetallic nodules in international waters under the existing U.S. Deep-Seabed Hard Mineral Resources Act of 1980 and implementing regulations. An experienced investor and operator with a focus on the U.S. energy supply chain, Michael Hess brings over 15 years of experience evaluating, financing and developing energy infrastructure, logistics and services businesses. Having started his career in the energy groups at Goldman Sachs and KKR, Hess then co-founded the Bison Companies, where he has helped lead the companies’ efforts in strategy, finance and business development across Bison’s portfolio—spanning oil and gas development, water infrastructure, and payments for the U.S. energy supply chain. He currently serves as the Chief Investment Officer of Hess Capital, a private and public investment arm of the Hess family. Following his appointment, Hess commented: “I have been closely following the critical minerals space, looking for opportunities that align with America’s strategic interests. TMC is uniquely positioned to help unlock a multi-generational domestic supply of key metals, and I look forward to contributing to the Board as the company advances toward commercial production and helps chart a new course for U.S. mineral independence.” Alongside Mr. Hess, TMC also announced the appointment of a well-known litigator and investor Alex Spiro ...