Boart Longyear Limited (ASX: BLY) Share Price and News

Mr. Burt joined the Company's Board on 23 August 2019 and serves as Chair of the Remuneration Committee and is a member of the Audit and Risk Committee. His career includes more than 30 years of experience in the global mining and finance industries in both executive management roles and serving on several boards. From 2005 to 2012, He held the role of President and CEO of Kinross Gold Corporation. Prior to joining Kinross Gold, Mr. Burt held the position of Vice Chairman and Executive Director of Corporate Development at Barrick Gold Corporation. Other previous positions include: Chairman, Deutsche Bank Canada and Deutsche Bank Securities Canada; Global Managing Director, Global Metals and Mining for Deutsche Bank AG; and Managing Director and Co-head of the global mining group at BMO Nesbitt Burns. He is a graduate of Osgoode Hall Law School in Toronto and a member of the Law Society of Ontario. He holds a Bachelor of Arts from the University of Guelph. Mr. Burt has held several public and private company directorships and currently sits on the board of directors of ArcelorMittal.

Mr. Tochilin joined the Board of Directors of Boart Longyear on 17 January 2020 and is a member of the Remuneration Committee. He is a Managing Director at Centerbridge Partners, L.P., the Company's largest shareholder and investor. His prior experience includes being an Associate at TPG-Axon Capital Management in New York and London, and a Business Analyst in McKinsey & Company's Corporate Finance Practice in New York.He earned his Bachelor of Arts degree from Harvard College where he was elected to Phi Beta Kappa and graduated magna cum laude. He continued with his graduate studies and holds a Juris Doctor degree from Harvard Law School and an M.B.A. from Harvard Business School.He serves on the boards of American Bath Group, LLC, IPS Corporation, KIK Custom Products, Inc. (and affiliated entities) and Mauser Packaging Solutions.

Mr. Olsen was appointed President and Chief Executive Officer on 1 March 2016 after serving as Chief Financial Officer since 2014. Before joining Boart Longyear, he served as Chief Commercial Officer for Rio Tinto's Iron & Titanium business since 2010. Prior to that time, he was Chief Financial Officer for Rio Tinto's Borax and Minerals divisions for approximately eight years and held other financial roles at Rio Tinto. His experience also includes financial roles at General Chemical Corporation and Xerox Corporation in the United States. He holds a Bachelor of Arts degree from the University of Utah and a Master of Business Administration from the Simon School of Business at the University of Rochester.

Mr Sheahan is a Managing Director in Ares Management, where he focuses on special situations investing. Prior to joining Ares in 2010, he was a Senior Analyst and the Head of the Los Angeles office at Silver Point Capital, L.P. Previously, Mr. Sheahan was a Vice President at the Trust Company of the West, where he gained experience on distressed investments and restructurings. In addition, he was a member of the Investment Banking Group at Donaldson, Lufkin & Jenrette Securities Corporation.

Mr Dougal joined the Board of Directors on 1 March 2020 as Audit Committee Chair and was appointed Chair on 16 November 2021.He has senior executive experience across manufacturing, marketing and logistics industries in Asia, Europe and the Americas. He was CFO of Great Wolf Resorts from 2018 to 2021. Prior experience includes roles as Chief Financial Officer of CEVA Logistics, then NYSE listed CNH Global NV, and Whirlpool Europe. He held roles ranging from leading product development to heading up global business units. He is currently on the boards of Element Fleet Management and Speedcast, LLC. He holds a Master of Business Administration degree from Western Michigan University and a Bachelor of Arts degree from the University of Utah.

Mr. Truong joined the Company's Board on 16 November 2021 and is a member of the Audit and Risk Committee. He is a Senior Managing Director at Centerbridge Partners, L.P. He joined Centerbridge in 2010 and focuses on investments across a range of industries. From 2004 to 2010, He was a Managing Director and Partner in the credit business of Fortress Investment Group LLC where he was a Senior Member of the Corporate Securities Group that was engaged principally in public market investments across the corporate capital structure, with a focus on distressed and special situations. Previously, He was a member of the Distressed and High-Yield Research and Trading business of Lehman Brothers Inc. He serves on the Board of Directors of Ambrosia Holdings L.P., BGI Inc., Penhall Holding Company, Seitel Inc., and Speedcast Parent L.P. He holds a Master of Business Administration from Harvard Business School, a Bachelor of Science degree, magna cum laude, from the Wharton School of the University of Pennsylvania, and a Bachelor of Science degree, magna cum laude, from the University of Pennsy

Mr. Engstrom was appointed a Director of the Company on 16 November 2021 and serves as Chair of the Audit and Risk Committee. He has more than 30 years of senior management experience at leading Swedish mining and industrial companies. He is currently a Director on the Board of Samhall AB, Normet Group Oy and Alcadon Group. From 2016 to 2019, He was the Head of Sandvik's Mining and Rock Technology business segment and Head of Mining business segment from 2015 to 2016. From 2014 to 2015, he served as the acting CEO and President of BE Group. In addition, from 2006 to 2014, Mr. Engstrom was the CEO and President of Munters AB. Prior to 2006, he held several leadership positions with Atlas Copco and Seco Tools.He holds a Master of Science in Industrial Engineering and Management from the Linkoping Institute of Technology and a Mechanical Engineering Degree from Rinmanskolan, Eskilstuna.

Mr. McDonnell was appointed Director of the Company's Board on 17 November 2021 and serves as Chair of the Governance, Safety and Sustainability Committee and is a member of the Remuneration Committee. He has over 25 years of experience in the Construction Equipment Rental Industry and is the Chief Executive Officer of Maxim Crane Works. He previously served as Executive Vice President and Chief Commercial Officer at United Rentals from 2019 to 2020. From 2018 to 2019, he was Executive Vice President, Sales and Specialty Operations and from 2016 to 2018 he was Senior Vice President, Sales & Specialty Operations. From 2008 to 2016, He was Senior Vice President, Specialty Operations. His previous roles at United Rentals include Regional Vice President and District Manager. He joined United Rentals in1999 through the acquisition of D&E Steel Plate Rental.

Mr. Schulz was appointed as a Director of the Company on 16 November 2021 and is a member of the Audit and Risk and the Governance, Safety and Sustainability Committees. He brings more than 30 years of mining and construction experience and a Ph.D in mining. He currently serves as the Group Chief Executive Officer of BILFINGER SE. From 2013 to 2021, he served as Group Chief Executive Officer of FLSMIDTH. Since 2016 he is a Non-Executive Board Member of HYDRO A/S. From 2001 to 2012, Mr. Schulz held several leadership positions at SANDVIK, including President - Construction, Senior Vice President, Chairman of SJL SHAN BAO, SRP AB, Sandvik Extec, Sandvik Fintec, President - Construction Segment, Senior Vice President / Chairman of SRP AB, Sandvik Extec, Sandvik Fintec. From 1998 to 2001, he was Business Area Manager, Department Crushing, Screening, Grinding, Pyro at Swedish manufacturer SVEDALA INDUSTRI. He holds a Ph.D. in Mineral Mining and Quarrying and an Engineering Diploma in Mineral Processing from the Technical University of Aachen.

Ms. McCrae was appointed Director of the Company on 1 August 2022. She is a geologist and executive who brings over 25 years of experience in the resource industry. Her experience ranges from early-stage exploration to mine sites across multiple commodities, driving economic discoveries and delivering innovation. She was Director of Exploration and Growth for Barrick Gold, a global role operating as a member of the senior management team until 2019. Her experience also includes senior roles with De Beers Canada. She has recently been involved within mining and exploration through her company, Athena Geoscience, and as Vice President of Business Development with Novamera. She holds an Honors Bachelor of Science degree in Geology (BSc) from Western University and is a registered Professional Geoscientist (P.Geo.) in Ontario.

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