22 August 2012

5N Plus makes changes to management team

5N Plus Inc of Montreal, Quebec, Canada, a producer of specialty metal and chemical products, has made the following appointments to its management team: Jean Mayer as director, legal affairs & corporate secretary; Sean Fuller as VP, strategic supply; and Zhang Wen as VP, commercial activities China.

5N Plus focuses on specialty high-purity metals such as tellurium, cadmium, selenium, germanium, indium and antimony and also produces related II-VI semiconducting compounds such as cadmium telluride (CdTe), cadmium sulphide (CdS) and indium antimonide (InSb) as precursors for the growth of crystals for electronic applications, including solar photovoltaic, radiation detector and infrared markets. In addition, in April 2011, 5N Plus paid $317m to acquire MCP Group SA of Tilly, Belgium, a producer and distributor of bismuth and bismuth chemicals (with a 50% global market share) as well as other specialty metals (including gallium, indium, selenium and tellurium).

With 15 years of business and legal experience, Mayer has served as general counsel, has held senior executive positions, and has been director with various public companies in the mining and technology sectors.

Fuller has served at 5N Plus and MCP for the last 12 years. He initially acted as general manager in the UK for 7 years and then as director in Hong Kong for the last 5 years. Fuller has a degree in Production Engineering from the University of Aston, UK and more than 20 years of experience in metal sourcing and significant international experience.

Wen has served as general manager, CIR since the acquisition of MCP and is based in Shenzhen (having been involved in metal sourcing and commercial activities in China over the last decade).

5N Plus has also announced that Laurent Raskin and Frank Fache have ceased to act as managers of the firm but will remain on its board of directors, continuing to provide insight and guidance.

“The new appointments and changes made to our senior management team are in line with our vision of sustainable growth aimed at maximizing long-term shareholder value,” says president & CEO Jacques L’Écuyer.

See related items:

5N Plus’ revenue falls 14% in Q2

Tags: 5N Plus

Visit: www.5nplus.com