Constantine Karayannopoulos, Chairman of the Board
Constantine Karayannopoulos is Chairman of the Molycorp Board of Directors. In addition to starting his service as the Board’s Vice Chair in June 2012, he served as interim President and Chief Executive Officer of Molycorp from December 2012 until December 2013. Prior to Molycorp’s acquisition of Neo Material Technologies in 2012, he was President and Chief Executive Officer of Neo Material Technologies, a position he held since 2005. Prior to that, Mr. Karayannopoulos served as Executive Vice President and Chief Operating Officer of Neo Materials, in addition to serving as Vice President and General Manager of Neo’s rare earths business unit and as Vice-President, Sales. Before joining Neo Materials, Mr. Karayannopoulos was Manager, Business Development, for Praxair Canada Inc., and managed their new business acquisition efforts in Eastern Canada, as well as their commercial development activities in the Chemical, Petrochemical and Refining industries across Canada. From 1986 to 1994, he was in the Linde Division of Union Carbide Canada (now, Praxair Canada Inc.) as a Market Development Specialist, assuming successively more senior roles. Mr. Karayannopoulos is a Director of the Canada China Business Council, a Director of Lithium Americas Corp., and is a member of the Advisory Board at the University of Toronto’s Department of Chemical Engineering and Applied Chemistry. A professional engineer, he holds Bachelor and Master of Applied Science degrees in Chemical Engineering from the University of Toronto.
Mr. Russell Ball is a Director of Molycorp. Mr. Ball serves as Executive Vice President, Capital Management, for Goldcorp, Inc. Previously, he served as Chief Financial Officer and Executive Vice President of Newmont Mining Corporation. Before becoming CFO at Newmont, Mr. Ball held a variety of senior positions there, including Vice President and Controller from 2004 until 2007. Mr. Ball is both a Chartered Accountant in South Africa and a Certified Public Accountant in the United States. Mr. Ball brings a unique and important understanding of finance and accounting in the international mining industry to the board of directors.
Geoff Bedford became Molycorp’s President and Chief Executive Officer and a Board Director in December 2013. Previously, he served as Executive Vice President and Chief Operating Officer for Molycorp, which followed his role as Executive Vice President of Molycorp’s Rare Earths and Magnetics segment. Mr. Bedford served as Executive Vice President and Chief Operating Officer of Neo Material Technologies until Molycorp acquired Neo Materials in June 2012. Prior to that, he served as Executive Vice President of the Performance Materials Division of Neo Materials from 2005 to 2011, and as Executive Vice President, Finance, and Chief Financial Officer, from 1999 to 2005. Before joining Neo Materials, Mr. Bedford held successively senior financial positions with The Woodbridge Group and Champion Road Machinery. He began his professional career with Price Waterhouse and has a broad range of operating, management and financial experience. He is a Canadian Chartered Accountant holding a Bachelor of Science degree from the University of Western Ontario and a Masters of Business and Administration from Northwestern University through the Kellogg-Schulich Executive Masters of Business Administration program.
Brian T. Dolan is a Director of Molycorp and currently serves as the Chair of the Compensation Committee and as a member of the Audit and Ethics and Health, Safety and Sustainability Committees. From 2002 to 2011 Mr. Dolan was a partner at RCF Management, L.L.C., a company that provides management services to the several Resource Capital Funds private equity funds. Prior to that time he was a partner at the Denver law firm, Davis, Graham & Stubbs for 30 years, specializing in natural resources-related financings and transactions. Mr. Dolan also serves as a member of the board of directors of First Drilling, a mining industry drilling services company, and has previously served on various corporate boards. He is an undergraduate and law school graduate of Stanford University.
Charles R. Henry is a Director of Molycorp. Mr. Henry is currently the president of CRH, Inc., a consulting firm specializing in government and defense organizational and acquisition issues; he has been associated with CRH since its formation in 1993. In 2012, he was appointed by the U.S. Secretary of the Army to serve on the Army science board. In 1990, he received charter from the Bush Administration to reorganize Department of Defense Contract Administration. He led a successful consolidation team and consolidated the defense industry’s approximately $780B contracts organization while reducing overall contract management cost by $500M from pre-consolidation annual costs. In 1996, he authored a book on leadership and management that detailed effective organizational changes in fast-moving environments. From 1997-2001, he lead an Environmental Engineering company in California, and from 2001-2003 he was appointed by a Presidential-appointed board to organize and lead the congressionally chartered “Veterans Corporation,” a non-profit designed to promote entrepreneurial activities of veterans. From 2005 to 2007, Mr. Henry was the chief operating officer of CEG Company, a producer of wiring harnesses for military vehicles. He has served on the board of directors of Gaming Partners International, a gaming products company, since June 2006. Mr. Henry is a retired two-star general who served 32 years in the U.S. Army. With his background in management, Mr. Henry brings organizational acumen to the Molycorp board of directors.
James J. Jackson
Mr. James Jackson was appointed as a director of Molycorp on March 5, 2014. Mr. Jackson served on the Board of Neo Material Technologies Inc. (“Neo”) from November 2005 until Neo’s acquisition by Molycorp in June 2012, and was Chair of Neo’s Audit Committee and Vice Chairman of the Board from August 2009 until June 2012. He also served as Neo’s Chairman from April 28, 2008 until August 2009. Mr. Jackson was previously Senior Vice President and Chief Financial Officer of MobiFon S.A., a leading cellular telephone provider in Romania and a wholly-owned subsidiary of Vodafone Group plc. On May 31, 2005, Vodafone Group plc purchased MobiFon from Telesystem Wireless International Inc. As an employee of Telesystem Wireless International Inc., Mr. Jackson served in numerous senior financial roles from 1997 onwards, including since July 2004 as Senior Vice President Corporate Affairs while he continued to act as MobiFon’s Senior Vice President and Chief Financial Officer. From 1995 to 1997, Mr. Jackson was Vice Chairman, Finance, for Quadrant Amroq Bottling Co. Ltd., a venture capital firm holding the franchise for Pepsi-Cola in Romania. Prior to that, he worked for fifteen years at Alcan Aluminium Ltd. Mr. Jackson is a member of the Supervisory Council of Bite Lietuva, a mobile telephone company based in Lithuania, serving Lithuania and Latvia. He is also a board member, chair of the audit committee and lead independent director of Duluth Metals Limited. Mr. Jackson is a member of the Institute of Chartered Accountants of Ontario, a registered Certified Public Accountant in the United States and a certified director as a graduate of the Institute of Corporate Directors. Mr. Jackson is also a director of Miocene Metals Limited (a mineral exploration company).
Mr. Mark S. Kristoff is a Director of Molycorp. Since April 2005, Mr. Kristoff has been the chief executive officer of the Traxys Group, a global metal trading, marketing and distribution company with annual revenues of approximately $4 billion. Before becoming chief executive officer, Mr. Kristoff was the chief operating officer of the Traxys Group from its founding in January 2003 until April 2005. Prior to the formation of the Traxys Group, Mr. Kristoff was the president of Considar Inc. from 1991 until 2003. Mr. Kristoff s experience in global trading, financing, supply chain management, and distribution of metals and REE’s provides insight to our board of directors regarding existing and potential opportunities in the rare earths markets. Mr. Kristoff graduated from Cornell University with a BA in Economics in 1984.
Mr. Alec Machiels is a Director of Molycorp. Mr. Machiels has served as a partner at Pegasus Capital Advisors, L.P., a private equity fund manager, since May 2006. Prior to becoming a partner at Pegasus, Mr. Machiels was a vice president from June 2004 until May 2006 and an associate from August 2002 until June 2004. Mr. Machiels served as a member of the board of directors of Coffeyville Resources, LLC, an oil refinery and ammonia plant in Coffeyville, KS, from 2003 until 2005 as well as a member of the board of directors of Merisant Company, a manufacturer and distributor of sugar substitute sweeteners, from 2005 until 2008. He has served on the board of directors of Traxys S.A., a global metal trading and distribution company, since January 2006. He started his career as a financial analyst in the Financial Services Group at Goldman Sachs International in London and in the Private Equity Group at Goldman, Sachs & Co. in New York from July 1996 until June 1999. From July 2001 to July 2002, Mr. Machiels served as chief executive officer and chairman of Potentia Pharmaceuticals, Inc. Mr. Machiels attended Harvard Business School from August 1999 to June 2001 and received an MBA. Mr. Machiels also received a masters in law from KU Leuven Law School in Belgium and a masters in international economics from Konstanz University in Germany. His background in financial management and investment in commodity-related businesses provides board of directors with a perspective on strategic, financial and capital raising matters.