Directors & Management

BOARD OF DIRECTORS

 

Lance J Baller, Non-Executive Chairman

Mr. Baller was co-founder, CEO and President (2010-2013) of Iofina Plc since prior to his departure for health reasons in June 2013. Mr. Baller returned to Iofina plc as Non-Executive Chairman April 2014. Mr. Baller is the former managing partner of The Elevation Fund and Elevation Capital Management. Mr. Baller is the former managing partner of Shortline Equity Partners, Inc., a mid-market merger and acquisitions consulting and investment company in the United States. He has actively served on the investment, audit, corporate governance, and compensation committees, while on the board of directors of companies in Asia and North America. Mr. Baller is also a former vice president of mergers and acquisitions, financing and corporate development at Integrated Biopharma, Inc. and prior to this a vice president of the investment banking firms UBS AG and Morgan Stanley. He has served as Chairman to various companies and has lead successful restructurings. Mr. Baller is on the board of trustees of Index Funds and also serves as the chairman of the audit committee and as the audit committee financial expert under the Sarbanes-Oxley Act of the United States for Index Funds. Mr Baller is Chairman of the Audit Committee and Member of the Compensation Committee.

 

Dr. Thomas M. Becker, CEO and President

Dr Becker has served as President/CEO of Iofina plc since September 2014 and has led Iofina Chemical since March 2010. Dr. Becker is a recognized expert in the global iodine market and has extensive production knowledge of iodine and iodine derivatives. Dr. Becker holds a PhD from the University of Cincinnati and a BS from Indiana University, both in Chemistry. Prior to Iofina/H&S Chemical, Dr. Becker worked as an Oak Ridge Scholar on behalf of the US EPA and worked for various other chemical manufacturing companies. He has extensive experience in scale-up of chemical processes from laboratory to pilot to full scale production.

 

Malcolm T. Lewin, CFO

Mr. Lewin is based in the UK and has over 30 years of experience in finance and accounting for both public and private companies. As well as being a partner in a chartered accounting firm for 11 years, he has acted for various companies listed on AIM and other exchanges. In particular, from 2000 to 2003 he was the Finance Director of Oxford Metrics plc, an AIM company supplying motion capture and visual geometry systems. From 2004 to 2006 he was the Finance Director of Real Estate Investors plc, an AIM property investment company with interests in quality commercial and industrial properties. From 2006 to 2011 he was a Director and CFO of Hunter Bay Mineralo Venture Exchange with interests in South America and Canada. From 2011 to 2014 he was CFO and Treasurer of VolitionRX Limited, an OTC life sciences company focused on developing blood tests for a broad range of cancer types and other conditions. Mr. Lewin has an MA in Classics from Oxford University and qualified as a chartered accountant with Coopers & Lybrand.

 

J. Frank Mermoud, Non-Executive Director

Mr. Mermoud has extensive government and private sector experience and is currently President of Orpheus International, a Washington DC based strategic advisory firm. Mr. Mermoud also serves on the Board of Cub Energy, a Houston based oil and gas company. Mr. Mermoud’s service for the US government has spanned more than three decades, where he has held positions under numerous administrations, including serving as the Secretary of State’s Special Representatives for Commercial and Business Affairs from 2002 to 2009. In this position Mr. Mermoud directed and managed the State Department’s trade and business advocacy programs in Washington DC and in more than 180 countries, and the annual deal flow equated to over US$20 billion. Mr. Mermoud is a graduate of Georgetown University’s School of Foreign Service.

 

Dr. William D. Bellamy, Non-Executive Director

Dr. Bellamy is the former Senior Vice President of the Water Business Group at CH2M HILL, Inc. (“CH2M”), a company he had worked at for 30 years until his recent retirement. CH2M is one of the largest consulting engineering companies in the world providing leadership and strategic direction for the water business and application of technologies worldwide. Dr. Bellamy has participated in energy and sustainability forums, including as a panellist at the World Future Energy Conference in Abu Dhabi, the World Bank Sustainable Cities Symposium and the Future of Water Economic Forum. Dr. Bellamy serves as Professor of Practice at the University of Wyoming, where he teaches graduate courses and is responsible for securing grants and research funding in the areas of water resources, water treatment and sustainable energy development. Dr. Bellamy has a PhD in Civil Engineering from Colorado State University, an MSc in Civil (Environmental) Engineering from the University of Wyoming and a BSc in Electrical (Bio-Medical) Engineering from the University of Wyoming. Dr Bellamy is Chairman of the Compensation Committee and Member of the Audit Committee.

Mary C. Fallin, Non-Executive Director

Mary Fallin has served the State of Oklahoma for over 30 years. She was elected the first female Governor of the State in 2010, and was re-elected for a second term in 2014. Prior to serving as Governor she held a number of state and federal positions, including serving as US Congresswoman for Oklahoma’s 5th district between 2007-2011 and serving as Lieutenant Governor of Oklahoma between 1995-2006. Mary has been a major contributor to natural resources industries in Oklahoma, and implemented the State’s first comprehensive energy plan as well as its State-wide water plan. She has held several positions, including Chair of the Southern State Energy Board, Chair of the Interstate Oil & Gas Compact Commission, and has served on the natural resource committee of the National Governors Association (NGA). Previously, she also served on the United States House of Representatives Committee on Small Business, was Small Business Chairman on the Republican Policy Committee, and was named the “Guardian of Small Business” by the National Federation of Independent Business. Mary has also served on numerous Boards of Directors for both commercial organizations and non-profits.

 

MANAGEMENT TEAM

 

Forest D. Dorn, COO, Iofina Resources Inc.

Mr. Dorn brings over 30 years of broad oil and gas experience to Iofina. Prior to Mr. Dorn’s appointment he was a Member/Manger of Avanti Exploration, LLC since 2004. Mr. Dorn began his career with Forest Oil Corporation as a scout in Midland, Texas in 1977. He later became a landman in Midland, and in 1980 became Assistant Division Manager of the Company’s MAFLA (Mississippi, Alabama and Florida) Division located in Jackson, Mississippi. In 1984 he was appointed Assistant Division Manager of the Company’s Southern Division located in Lafayette, Louisiana. In 1990 he assumed the position in Denver of Division Manager – Onshore Division, and was appointed a Vice President of the Company in 1991, General Business Manager in December 1993, and Senior Vice President of the Gulf Coast Region in 1996, and Senior Vice President Corporate Services in 2000 until his departure in 2004. Mr. Dorn holds a Liberal Arts Degree from the University of Arizona in Tucson where he graduated in 1977.

 

Kurt Jones, COO, Iofina Chemical Inc.

Mr. Jones began his service with Iofina/H&S Chemical in 1997. Mr. Jones has held various roles in many departments including operations, research, sales and business development. In March 2010, Mr. Jones was named Vice President of Sales and Business Development at Iofina Chemical and was subsequently named COO of Iofina Chemical in September of 2014. He is also a named inventor on a patent for the production of IPBC. Mr. Jones has extensive knowledge of the global iodine and specialty chemicals market and is well-known throughout the industry. Prior to his career at Iofina he served as a chemist at Shepherd Chemical. Mr. Jones earned a Bachelor’s Degree in Chemistry from Eastern Kentucky University.

 

Scott Formolo, VP of Operations, Iofina Resources Inc.

Mr. Formolo began his service with Iofina in 2008. Mr. Formolo has held various roles across many departments including geologic research and field development, business development, facility design and commissioning, and operations. He was appointed Vice President of Operations in 2014 and has widespread understanding of extracting iodine from co-produced brine supplies. Mr. Formolo is a registered Professional Geologist and earned a B.S. in Geology from the University of Wisconsin-Eau Claire and an M.S. in Hydrology from the Colorado School of Mines.

 

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