Cliffs Natural Resources Appoints John Baldwin to Board of Directors
09/11/2014 - Cliffs Natural Resources Inc. announced that it has appointed John T. Baldwin to its Board of Directors, effective immediately.
Lourenco Goncalves, chairman, president and chief executive officer of Cliffs stated, "John is a highly experienced and respected executive who represents an outstanding addition to our Board of Directors. He brings decades of operational experience, deep strategic capabilities, and overall financial acumen, adding a unique and important perspective to our Board."
Commenting on his appointment, Mr. Baldwin said, "I am honored to have the opportunity to join the Cliffs Board. I look forward to working constructively with my fellow Directors and the company's seasoned management team and to contributing to the future of Cliffs."
Since 2006, Mr. Baldwin has served as a director and chairman of the Audit Committee of Metals USA, which provides a wide range of products and services in the heavy carbon steel, flat-rolled steel, specialty metals, and building products markets. Previously, he was Senior vice president and chief financial officer of Graphic Packaging Corporation, and vice president and chief financial officer of Worthington Industries, Inc. Prior to Worthington, Mr. Baldwin served in various financial capacities at Tenneco Inc. in both the U.S. and the U.K. Mr. Baldwin previously served on the Board of The Genlyte Group Incorporated, where he also was chairman of the Audit Committee. He holds a B.S. degree from the University of Houston and a J.D. from the University of Texas School of Law.
In addition to Mr. Baldwin's appointment, Cliffs also announced that Douglas Taylor was appointed lead director of the Cliffs Board. Following the resignations of Timothy W. Sullivan, Gary B. Halverson and Richard K. Riederer, the Cliffs Board is now comprised of nine directors, including Mr. Goncalves as chairman and eight independent directors.
Commenting on his appointment, Mr. Baldwin said, "I am honored to have the opportunity to join the Cliffs Board. I look forward to working constructively with my fellow Directors and the company's seasoned management team and to contributing to the future of Cliffs."
Since 2006, Mr. Baldwin has served as a director and chairman of the Audit Committee of Metals USA, which provides a wide range of products and services in the heavy carbon steel, flat-rolled steel, specialty metals, and building products markets. Previously, he was Senior vice president and chief financial officer of Graphic Packaging Corporation, and vice president and chief financial officer of Worthington Industries, Inc. Prior to Worthington, Mr. Baldwin served in various financial capacities at Tenneco Inc. in both the U.S. and the U.K. Mr. Baldwin previously served on the Board of The Genlyte Group Incorporated, where he also was chairman of the Audit Committee. He holds a B.S. degree from the University of Houston and a J.D. from the University of Texas School of Law.
In addition to Mr. Baldwin's appointment, Cliffs also announced that Douglas Taylor was appointed lead director of the Cliffs Board. Following the resignations of Timothy W. Sullivan, Gary B. Halverson and Richard K. Riederer, the Cliffs Board is now comprised of nine directors, including Mr. Goncalves as chairman and eight independent directors.
