01 Miklos (Mike) Salamon
02 Klaus-Dieter Beck
03 Marek Jelínek
04 Zdeněk Bakala
05 Peter Kadas
06 Alex T. Krueger
07 Hans Jürgen Mende
08 Milan Jelinek
09 Christiaan Norval
10 Pavel Telička
11 Steven Schuit
12 Paul Everard
13 Bessel Kok
14 Barry Rourke
15 Hans-Jörg Rudloff
16 Ján Fabián
01 Miklos (Mike) Salamon
Executive Chairman of the Board, NWR
Mike Salamon was appointed a Director and Executive Chairman of NWR on 1 September 2007. Mr. Salamon also serves as a non-executive member of the Board of Directors of OKD, Co-President of AMCI Capital and Non-Executive Director of Central Rand Gold and Gem Diamonds. In March 2009, Mr. Salamon was appointed Non-Executive Director of Ferrexpo plc. He has extensive knowledge of the international mining and extractive industries. His career spans more than 30 years, the latter part of which was spent with BHP Billiton, the world’s largest diversified resources company.
Between 2003 and 2006, Mr. Salamon served as an Executive Director of BHP Billiton with responsibilities for the aluminium, copper and nickel businesses. From 2001 to 2006, he also chaired BHP Billiton’s Operating Committee which was accountable for inter alia the BHP Billiton group’s health, safety and environment, projects, purchasing and operating excellence. In 2001, Mr. Salamon oversaw the merger integration of Billiton plc and BHP Limited. He was a co-founding Director of Billiton plc in 1997, and oversaw the Company’s listing on the London Stock Exchange in 1997. Between 1985 and 1997, Mr. Salamon worked for Gencor Ltd, initially as marketing manager for coal. In 1989, he was appointed Managing Director of Gencor Ltd’s coal business, Trans-Natal Coal Corporation, and was then appointed Director of Gencor Ltd from 1993 to 1997. During this time, he was also Executive Chairman of Samancor Ltd and Chairman of Columbus Stainless Steel. Previously, Mr. Salamon was with the coal division of Shell Group in various capacities between 1981 and 1985. Prior to that, he worked for the Anglo-American group, both in the Gold Division and at De Beers in trainee and junior management capacities. He commenced working for De Beers directly after graduation. Mr. Salamon graduated in 1975 from The University of the Witwatersrand, Johannesburg with a degree in Mining Engineering (Cum Laude) and obtained an MBA from the London Business School, University of London in 1981.(British)
02 Klaus-Dieter Beck
Executive Director of NWR, CEO of OKD, Chairman of the Board of Directors of OKD
Klaus-Dieter Beck is a Director of NWR and was appointed on 12 June 2007. He has served as CEO and Chairman of the Board of Directors of OKD since 1 July 2007. He acquired significant management experience from his previous jobs in prominent managerial posts in international coal companies in both Europe and the U.S. He gained a doctorate in mining engineering at the Rhine Westphalia University in Aachen, Germany. He started his professional career in 1976. From 1996 to 1998, he was general manager at a mine at Ruhrkohle Bergbau AG (nowadays called Mine West of RAG-Deutsche Steinkohle). He moved to the U.S. in 1998 to take on the position of Vice-President of Riverton Coal, Inc. Prior to joining OKD, he was Senior Vice-President for Planning and Engineering at Foundation Coal Holdings, Inc. His expertise helped the Company achieve strong growth and opened the way to further expansion. (German)
03 Marek Jelínek
Executive Director and Chief Financial Officer of NWR
Marek Jelínek is a Director of NWR and was appointed on 6 March 2007. A member of the Board of Directors of OKD since his appointment on 1 November 2007. Since March 2007, he has been Chief Financial Officer of NWR and, in such capacity, is responsible for the restructuring activities within the NWR Group, the build up of NWR’s headquarters team, including the Group-wide finance and treasury functions. In 2007 and 2008, Mr. Jelínek led the Group’s bond issue and the successful Initial Public Offering in London, Prague and Warsaw. In March 2009, Mr. Jelínek was appointed Non-Executive Director of Ferrexpo plc. Mr. Jelínek was a Director of Bakala Crossroads Partners a.s. (formerly RPG Advisors) from 2005 to 2006. He joined the RPG Group in December 2004 as Financial Officer and was responsible for a variety of areas including group financing, restructuring and divestitures. Prior to that, Mr. Jelínek served as an Analyst and Associate of the Corporate Finance department at Patria Finance, a Prague based investment banking boutique, from 1995 to 2004, where he managed merger and acquisition transactions for domestic and international clients. Mr. Jelínek graduated from the Anglo American College in Prague in 1995 with a Bachelor of Science degree in Business Administration. (Czech)
04 Zdeněk Bakala
Vice-Chairman and Non-Independent Non-Executive Director
Zdeněk Bakala is a Director of NWR and was appointed on 15 August 2006. Mr. Bakala was appointed Vice-Chairman of NWR’s Board on 22 October 2007. He has served as a member of the Supervisory Board of OKD since May 2008, as a Director of New World Resources Transportation since June 2007, as a Director of RPG Real Estate since October 2006, as Director of RPG Property since December 2008 and as Chairman of the Supervisory Board of Bakala Crossroads Partners a.s. (formerly RPG Advisors) since May 2006. Mr. Bakala has also been a member of the Supervisory Board of the Prague Stock Exchange since 2005. In 1994, he founded Patria Finance, an investment banking company in the Czech Republic, which was sold to KBC, a Belgian banking group, in 2001. Between 1990 and 1994, Mr. Bakala worked as Head of the Czech Desk for Credit Suisse First Boston and was responsible for establishing a branch office in Prague in 1991. Prior to that, he worked in the Corporate Finance department of Drexel Burnham Lambert (New York) from 1989 to 1990. Mr. Bakala graduated from the University of California, Berkeley USA in 1986 with an A.B. degree (with honours) in Economics, and obtained a Master of Business Administration degree from the Amos Tuck School of Business Administration, Dartmouth College USA, in 1989. (Czech)
05 Peter Kadas
Vice-Chairman and Non-Independent Non-Executive Director
Peter Kadas is a Director of NWR and was appointed on 15 August 2006. On 22 October 2007, he was appointed Vice-Chairman of NWR’s Board. He served as Vice-Chairman of the Board of Directors of OKD from September 2006 to November 2007. Since October 2006, he has served as Director of RPG Real Estate. Mr. Kadas has been a Director of Bakala Crossroads Partners Ltd (formerly Crossroads Capital (UK) Ltd), an affiliate of Crossroads Capital Investments Inc, since 2000. Between 1997 and 2000, he was Managing Director of Croesus Central Europe, a joint venture between Croesus of New York and Central European Partners. From 1996 to 1997, Mr. Kadas worked as a Managing Director for MC Securities in London. In 1995, Mr. Kadas co-founded Renaissance Capital, Russia’s first private investment bank. In 1990, he worked as a Director for Credit Suisse First Boston’s branch office in Budapest. He also served on a number of corporate Boards in the region, including CSFB Budapest, the Management Committee of Renaissance Capital and, between 2002 and 2005, Vice-Chairman of the Board of Directors of Ceske Radiokomunikace. Mr. Kadas graduated from Trinity College, University of Toronto, in 1986, with a Bachelorof Arts degree in Economics and Politics and obtained a Master of Business Administration degree from the Amos Tuck School of Business Administration, Dartmouth College, in 1990. (Canadian)
06 Alex T. Krueger
Non-Independent Non-Executive Director
Alex T. Krueger is a Director of NWR and was appointed on 15 August 2006. He is a managing director of First Reserve Corporation which he joined in 1999. Prior to joining First Reserve Corporation, Mr. Krueger worked in the energy group of Donaldson, Lufkin & Jenrette in Houston, Texas, United States from 1997 to 1999. Mr. Krueger currently serves as a director on the boards of Whitehaven Coal Limited and Foundation Coal Holdings, Inc. Mr. Krueger formerly served as a director of Alpha Natural Resources, Inc. and Natural Resource Partners L.P. Mr. Krueger graduated from the University of Pennsylvania in 1996 with a bachelor of science degree in Chemical Engineering from the School of Engineering and Applied Science, and a Bachelor of Science degree in Finance and Statistics from the Wharton School. (American)
07 Hans Jürgen Mende
Non-Independent Non-Executive Director
Hans Jürgen Mende is a Director of NWR and was appointed on 15 August 2006. Mr. Mende is President of AMCI since he co-founded the company in 1986. Prior to founding AMCI, Mr. Mende was with the Thyssen Group in various Senior Executive positions including President of Thyssen Carbometal Inc. from 1968 to 1986. Mr. Mende has served as a Director of Alpha Natural Resources, Inc. and as Chairman of the Board of Directors of ANR Holdings from 2003 to 2005. Mr. Mende is currently a member of the Board of Directors of Excel Maritime Inc. (Nasdaq-U.S.), Felix Resources (ASX- Australia), Whitehaven Coal Co. (ASX-Australia), New World Resources (LSE - UK) and MMX in Brazil, all publicly traded entities. Mr. Mende was born in Lobositz, Czech Republic in 1944, was educated in Germany and the U.S. and has been living in the U.S. since 1968. (German)
08 Milan Jelinek
Non-Independent Non-Executive Director
Milan Jelinek is not a relative of Marek Jelinek. Milan is a Director of NWR and was appointed on 8 November 2006. He has served as a Director of AMCI Capital since February 2007 and, prior to that, he was a member of the Executive Board of OKD from 2005 to 2006. In 1990, Mr. Jelinek established ICS International AG, a trading company, and has served as its President since 1990. He also became the Chairman of the Advisory Board of Metalimex in 1990, a position he held until 2004. Mr. Jelinek joined Metalimex in 1953 and has held various positions such as Traffic Manager, Head of Iron and Manganese Ore Department, Head of Coal and Coke Department and Vice-Director of Coal and Coke division. In 1985, Mr. Jelinek established Trans Coal and Mineral Trading AG and was the company’s President until 1998 when he sold it. During this time, he was also a Non-Executive Director of Ingwe, a South African coal company and Billiton Marketing. Between 1969 and 1985, Mr. Jelinek was with Stinnes AG in various capacities within the group, including Director of Stinnes AG and Executive Chairman of Stinnes Intercoal. Mr. Jelinek was also Chairman of the Board of Directors of IKO, a German coal milling company; Chairman of Independence Coal Company in the United States; and Chairman of Agenzia Carbone in Italy. Mr. Jelinek graduated from the Charles University in Prague in 1952 with a Juris Doctorate degree in Law. (Swiss)
09 Christiaan Norval
Non-Independent Non-Executive Director
Chris Norval is a Director of NWR and was appointed on 12 June 2007. Mr. Norval is the co-founder, Chairman and CEO of Green Gas International, an affiliated company focused on climate mitigation through elimination of methane as a greenhouse gas and the production of green energy. He has served as a member of the Board of Directors of Green Gas DPB, a subsidiary to Green Gas International since January 2008. Prior to his involvement with Green Gas International, he was CEO and President of the SUAL International Group from 2002 to 2004, which was involved in Russian aluminium production, Kazakh coal and African Tantalum production. Mr. Norval spent a significant part of his career with what is today known as BHP Billiton. As Head of Corporate Finance from 1997 to 2002, he oversaw most of the transactions to create BHP Billiton, including the execution of the IPO of Billiton plc in 1997 and the merger with BHP in 2002. In addition, he was responsible for corporate venturing, innovation and the incubation of new businesses. Chris holds a certificate as a Chartered Accountant (SA) and is a member of the South African Institute of Chartered Accountants. He graduated from the Rand Afrikaans University in 1980 with a Bachelor of Commerce degree. (British)
In March 2009, Mr. Noval, Non-Independent Non-Executive Director resigned from the Board with immediate effect.
10 Pavel Telička
Non-Independent Non-Executive Director
Pavel Telička is a Director of NWR and was appointed on 11 September 2007. In 2004, Mr. Telička co-founded BXL Consulting, a consultancy on European Union affairs, where he currently serves as Director and is in charge of its Brussels office. Before that, also in 2004, he was nominated and held the position of Member of the European Commission co-responsible for the portfolio of health and consumer protection. Between 1991 and 2004, Mr. Telička had worked at the Czech Republic Ministry of Foreign Affairs, and occupied various positions during this time including Ambassador and Head of the Permanent Mission of the Czech Republic to the EC in Brussels, Secretary of State for European Affairs and First Deputy Minister of Foreign Affairs (during which time he was Chief Negotiator for the accession of the Czech Republic to the EU). Mr. Telička has also been a Senior Advisor to the European Policy Centre since 2005 as Member of the Administrative Council of the Notre Europe Foundation, established by Jacques Delors. In July 2005, he was appointed European Coordinator for one of the priority projects within TEN-T for the railway network Rail Baltica. Mr. Telička graduated from the Faculty of Law at the Charles University in Prague in 1986. (Czech)
11 Steven Schuit
Independent Director
Steven Schuit is a Director of NWR and was appointed on 20 November 2007. He is currently legal counsel to Allen & Overy LLP in its Amsterdam office, having served as partner to this firm and its predecessor firm between 1976 and 2005. He is also currently a part-time professor of International Commercial and Financial Law at Utrecht University and a part-time professor of Corporate Governance and Responsibility at the Strategy Center of Nyenrode Business University. He is currently a member of the Supervisory Board of ZBG Finance, Amodo, Breevast and Numico; he is a member of the advisory Board of Petercam S.A., Chairman of the Board of Directors of De Baak Management Center VNO-NCW and Stichting Giving Back and is a Director of Stichting Grotius Academy. Mr. Schuit has previously been member of the Supervisory Board of Cyanamid from 1975 to 1982, member of the Supervisory Board of Burroughs from 1977 to 1979, member of the Board of Directors of the Netherlands-U.S. Chamber of Commerce from 1983 to 1985, member of the Board of Governors (Algemene Raad) of the Dutch National Bar (Nederlandse Orde van Advocaten) from 1993 to 1999 and was a member of the Special Committee of the Dutch government to advise on commercial products of Dutch pension funds between 2003 and 2004. Mr. Schuit graduated in 1969 from Groningen University with a degree in Law and was admitted to the bar in the Netherlands in 1971. (Dutch)
12 Paul Everard
Independent Director
Paul Everard is a Director of NWR and was appointed on 20 November 2007. Between 2001 and 2005, when he retired, Mr. Everard served as Deputy President of Aluminium for BHP Billiton. From 1998 until 2001, up to Billiton’s merger with BHP, he was Executive Director of Billiton Aluminium responsible for business development and strategy. Between 1974 and 1998, Mr. Everard served at Billiton in a number of roles. From 1995 until 1998, he was Chief Executive of aluminium with responsibility for managing and developing the Company’s businesses outside South Africa. Prior to that and over a period commencing in 1986, he had responsibility as the Director inter alia for all business performance, strategic planning, research, HSE and public affairs for the Company. Mr. Everard joined Billiton International Metals in 1974 and was responsible for the global aluminium business until 1986, as Director from 1983. He began his career at the Shell Group in 1963, initially working in oil marketing in Kenya and Tanzania until 1970, thereafter he transferred to the London Central Office working within both the Audit and Personnel Divisions. Mr. Everard graduated in 1962 from Cambridge University and has an MA in Mechanical Sciences. He gained a Diploma of Management Studies from Greenwich University in 1973 and completed the Advanced Management Program at Harvard Business School in 1979. (British)
13 Bessel Kok
Senior Independent Director
Bessel Kok is a Director of NWR and was appointed on 11 September 2007. He has served as Chairman of Astelit/LIFE (Kiev), Scarlet Communications (Netherlands) and CV Warehouse (Belgium) since 2005. From 1995 to 2004, he was Vice-Chairman and Chief Operating Officer of Cesky Telecom (formerly SPT Telecom) and now Telefonica/02 (Czech Republic). In the same years, he was a Board member of Eurotel in Prague, and from 2002 to 2004, he also served as Chairman of the Board of Directors of Eurotel. Prior to that, Mr. Kok was the President of Belgacom from 1989 to the end of 1994 and oversaw its p rivatisation. In 1973, Mr. Kok joined SWIFT (Society for Worldwide Interbank Financial Telecommunication) in Belgium and became its President and CEO in 1981, positions which he held until 1989. Mr. Kok also served as Director of Business Intelligence Services (London) from 1968 to 1972. Mr. Kok graduated in 1963 from the Municipal University of Amsterdam with a degree in Economic Sciences. (Belgian)
14 Barry Rourke
Independent Director
Barry Rourke is a Director of NWR and was appointed on 20 November 2007. He served as partner at PricewaterhouseCoopers from 1984 until 2001, when he took early retirement. During his time at PricewaterhouseCoopers, Mr. Rourke undertook various roles including Chairman of the UK Construction and Property Group, member of the Oil and Gas Industry Group, member of the PricewaterhouseCoopers, PFI Board and he was for a time liaison partner for the Netherlands. Mr. Rourke is currently Chairman of the Board of Directors of 3Legs Resources plc, Independent member of the Board of Directors and Chairman of the Audit Committee for Columbus Acquisition Corp., Independent member of the Audit Committee for the Department for Business Enterprise and Regulatory Reform and Non-Executive Director and Chairman of the Audit Committee of Surrey and Borders Partnership NHS Trust. He is also an Independent Non-Executive member of the Audit Committee for DTEK (a Ukrainian power company) and Metinvest (a Ukrainian steel company). Between 2001 and 2007, he was also Chairman of the Board of Directors of Threshold Housing and of the Remuneration Committee, having previously served as Chairman of the Audit Committee and was the Independent Non-Executive Chairman of the Audit Committee for the SUAL Group between 2004 and 2007. Mr. Rourke is a Fellow of the Institute of Chartered Accountants in England and Wales, having qualified as a Chartered Accountant in 1973. (British)
15 Hans-Jörg Rudloff
Independent Director
Hans-Jörg Rudloff is a Director of NWR and was appointed on 11 September 2007. Since 1998, he has served as Chairman of Barclays Capital. Prior to that, he was Chairman of MC-BBL Eastern Europe between 1995 and 1998. Mr. Rudloff was Chairman and CEO of Credit Suisse First Boston Ltd from 1989 to 1995, having previously served as Vice-President since 1983 and Managing Director from 1980 to 1983. He was also a Member of the Executive Board for Credit Suisse, Zurich from 1986 and both Credit Suisse Holding & Credit Suisse First Boston Group Inc. from 1990 to 1995. Between 1968 and 1980, Mr. Rudloff served at Kidder Peabody International, where he became Chairman in 1978, having previously served as Managing Director. In 1980, he was also nominated to the Board of Kidder Peabody Inc. New York. Mr. Rudloff is currently Chairman of the Audit Committee for Rosneft, a position he has held since 2006. Mr. Rudloff has also served as Chairman of ICMA since 2005 and Bluebay Asset Management plc since 2001. He has been Vice-Chairman, member of the Audit Committee and Head of the Compensation Committee of Novartis since 1996. Mr. Rudloff also serves as Chairman to ICMA since 2005 and Bluebay Asset Management Ltd. since 2001. He has also been a Board member of Thyssen Bornemisza Group since 1995, Ros Business Consulting since 2002, ABD Capital SA since 2003, Energie Baden-Württemberg since 2000 and Landeskreditbank Baden-Württemberg since 1993. Mr. Rudloff is a Chairman of the Marcuard Group, a privately held asset management group of companies. Mr. Rudloff graduated from the University of Berne in 1965 with a degree in Economics. (German)
16 Ján Fabián
Chief Operating Officer
Ján Fabián was appointed Chief Operating Officer of NWR in November 2008. As part of his position, he has overall responsibility for the operations of OKK and the Polish business operations of KARBONIA PL. Mr. Fabián also serves as a Vice-Chairman of the Board of Directors of OKD where he oversees the strategic planning and organisational development of OKD. Prior to joining NWR, Mr. Fabián served as a Project Manager for Roland Berger Strategy Consultants in Prague from 1998 to 2007, where he managed transformation and restructuring projects focussing on production optimisation, process efficiency and growth strategies in CEE, Russia, Ukraine and Western Europe. He managed many of the largest strategic and privatisation projects on the Czech market and cooperated with the European Commission on national strategies for the Czech as well as Romanian steel industries. Mr. Fabián served as a research analyst for Colenco Power Consulting in Switzerland between 1991 and 1992. He graduated from the Technical University in Košice,Slovakia in 1988 with a degree in mining and gained a PhD in production optimisation for the underground mining from the Technical University in Berlin in 1998. (Slovakian)