Coeur Announces Nomination of Randolph E. Gress to Board of Directors
COEUR D’ALENE, Idaho -- April 02, 2013
Coeur d’Alene Mines Corporation (the “Company” or “Coeur”) (NYSE: CDE)(TSX:
CDM) today announced that Randolph E. Gress has been nominated for election to
the Board of Directors at the Company’s 2013 annual meeting of shareholders to
be held May 14, 2013. Upon his election, Mr. Gress is expected to be appointed
to the Audit Committee and the Nominating and Corporate Governance Committee.
Mr. Gress, an experienced industrial CEO with a wide range of international
exposure, brings over 34 years of experience to Coeur’s Board. Mr. Gress is
Chairman, Chief Executive Officer, and Director of Innophos Holdings, Inc., a
leading international producer of performance-critical and nutritional
specialty ingredients for the food, beverage, dietary supplements,
pharmaceutical and industrial end markets. Mr. Gress has been with Innophos
since its formation in 2004 when Bain Capital purchased Rhodia SA’s North
American specialty phosphate business. Prior to his time at Innophos, Mr.
Gress was with Rhodia since 1997 and held various positions including Global
President of Specialty Phosphates (with two years based in the U.K.) and
Vice-President and General Manager of the NA Sulfuric Acid and Regeneration
businesses. From 1982 to 1997, Mr. Gress served in various roles at FMC
Corporation including Corporate Strategy and various manufacturing, marketing,
and supply chain positions. Mr. Gress has a B.S.E. in Chemical Engineering
from Princeton University and an M.B.A. from Harvard Business School.
“We are pleased to have Randy join Coeur’s Board of Directors,” said Robert E.
Mellor, Coeur’s Chairman of the Board. “Mr. Gress brings significant corporate
leadership experience, having guided his company through the challenges of
private equity ownership and an IPO. He has led Innophos Holdings, Inc. as a
public company since its IPO in 2006.”
Coeur d'Alene Mines Corporation is the largest U.S.-based primary silver
producer and a growing gold producer. The Company has four precious metals
mines in the Americas generating strong production, sales and cash flow in
continued robust metals markets. Coeur produces from its wholly owned
operations: the Palmarejo silver-gold mine in Mexico, the San Bartolomé silver
mine in Bolivia, the Rochester silver-gold mine in Nevada and the Kensington
gold mine in Alaska. The Company also owns a non-operating interest in a mine
in Australia, and conducts ongoing exploration activities in Mexico,
Argentina, Nevada, Alaska and Bolivia.
Coeur d'Alene Mines Corporation
Wendy Yang, Vice President, Investor Relations
Stefany Bales, Director, Corporate Communications
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