MONTREAL, QUEBEC -- (Marketwired) -- 05/07/13 -- Orbite Aluminae Inc. (TSX: ORT)(OTCQX: EORBF) ("Orbite" or the "Company") today announced the appointment of Mr. Glenn R. Kelly as Executive Vice-President and Chief Operating Officer. The Company also announced a new Board of Directors committee, made changes to its Investor and Media Relations programs, and announced the date for the annual general meeting.
Executive Vice-President and Chief Operating Officer
Mr. Glenn R. Kelly will join Orbite in the newly created position of Executive Vice-President and Chief Operating Officer ("COO"), effective May 21, 2013. He will report to Richard Boudreault, President and Chief Executive Officer, while all other executive officers of the Company will report directly to Mr. Kelly.
"We are excited to add someone of Glenn Kelly's caliber to the Orbite management team," said Lionel Leveille, Chairman of the Board of Directors. "The common thread throughout Glenn's diverse career is his proven ability to successfully execute on projects that have created significant value for stakeholders."
"Glenn brings a depth of experience in the design and construction of industrial facilities as well as in project management" said Richard Boudreault, President and Chief Executive Officer. "As Orbite moves forward with its high-purity alumina plant, and its proposed red mud remediation and smelter-grade alumina projects, we anticipate that Glenn's experience in operations management as well as his proven record in growing successful enterprises will be crucial to the Company's success."
Mr. Kelly joins Orbite from CO2 Solutions where he was president and CEO since August 2008. Mr. Kelly holds a degree in civil engineering from Queen's University and an MBA from Laval University.
Mr. Kelly is an accomplished executive with more than 25 years of broad resource sector experience. His background includes project management, stakeholder relations and corporate development in both the upstream and downstream sectors of the energy industry. Mr. Kelly has played key roles in the development of Quebec's natural gas industry, notably as founder and President of Intragaz Inc., an underground natural gas storage developer, as well as President of Rabaska Inc., a $1 billion liquefied natural gas terminal project. While at Rabaska, he was instrumental in negotiating LNG supply agreements with Russia's Gazprom. Prior to his career in Quebec, Mr. Kelly worked throughout Canada as a facilities and drilling engineer for Chevron Canada Resources of Calgary.
Commenting on his appointment, Mr. Kelly added, "I am extremely excited to be joining Orbite at such an important moment in its development. Orbite has developed an innovative and multifaceted breakthrough technology whose market potential is truly large. My role will be to assist Richard to execute on this potential".
As part of his remuneration package, Mr. Kelly will be granted 800,000 options to purchase Orbite common shares.
Board of Directors Committees
Orbite is committed to the continuous improvement of its management practices and as such has created a new Board of Directors Executive Committee and restructured the Disclosure Committee.
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