Ivanhoe Electric Announces Key Additions to its Senior Management Team Longtime External Counsel Quentin Markin Will Come In-House as Executive Vice-President, Business Development and Strategy Execution Jordan Neeser Joins the Company as Chief Financial Officer
November 21, 2022
Ivanhoe Electric Announces Key Additions to its Senior
Management Team
Longtime External Counsel Quentin Markin Will Come In-House as
Executive Vice-President, Business Development and
Strategy Execution
Jordan Neeser Joins the Company as Chief Financial Officer
NEW YORK , NEW YORK – Ivanhoe Electric (NYSE American : IE; TSX: IE) Executive
Chairman Robert Friedland and President and Chief Executive Officer Taylor Melvin are
pleased to announce key additions to Ivanhoe Electric’s senior management team.
Long serving external counsel Quentin Markin will come in -house as Executive Vice -
President, Business Development and Strategy Execution , while Jordan Neeser will join
as the Company’s Chief Financial Officer.
Concurrent with the addition of Mr. Markin and Mr. Neeser, several existing members of
Ivanhoe Electric’s management team will be assuming new roles.
• Catherine Barone, current Interim Chief Financial Officer , remains with the
Company as Senior Vice-President, Finance.
• Graham Boyd, current Vice-President, U.S. Projects, will be elevated to Senior Vice-
President, U.S. Projects.
• Glen Kuntz , current Chief Technical and Innovation Officer, will become Senior
Vice-President, Mine Development , where he will lead the Company’s efforts to
advance its exploration projects through the development stage.
These changes follow the recent announcement of Taylor Melvin ’s appointment as
President and Chief Executive Officer and former President Eric Finlayson assuming the
role of Chief of Global Exploration.
Robert Friedland will become the Executive Chairman of Ivanhoe Electric.
All appointments and changes are effective today, except Mr. Markin , who will join the
Company on January 1, 2023.
2
Robert Friedland commented: “ Today’s announcement completes the build-out of the
senior management team that will lead Ivanhoe Electric through its next stages of
development. We’ve come from a private company through our successful NYSE IPO and
have now put in place the necessary talent with the experience and skillsets to manage ,
sustain and grow the Company. We have at least two flagship projects – Santa Cruz and
Tintic, as well as significant investments in four listed companies, a n industry leading
portfolio of more t han half a dozen other exploration projects in the United States, a
world-leading grid-scale vanadium redox flow battery business, and our proprietary
geophysical survey technology , known as Typhoon ™, coupled with Computational
Geosciences Inc., our industry leading software company . This outstanding portfolio of
assets now has the leadership to grow it all.”
Taylor Melvin commented, “ With today’s announcements and the strong existing
management team that was already in place, we are confident that we have the dedicated
people to take Ivanhoe Electric to the next level. Creating shareholder value in the mining
industry requires not only high-quality assets but more importantly a high-quality team
focused on a disciplined business plan. We certainly have both.”
Mr. Markin is a seasoned mining lawyer with 24 year s’
experience, all with the Canadian firm Stikeman Elliott LLP,
where he has been a partner since 2008. Over his career, he has
lived and practiced in the world’s mining centers - Sydney,
London, Vancouver and Toronto. Mr. Markin’s practice focused
on M&A, project development and financing matters for mining
companies globally and has been recognized by international
legal consultancy Chambers for 11 yea rs as a mining law
expert. Mr. Markin has acted for Ivanhoe Electric since its
inception, as well as other Ivanhoe group companies, including
Ivanhoe Mines, but also senior producers, junior exploration
companies, and investment banks. His notable transactions outside of the Ivanhoe Group
include the 2007 C$1.2 billion IPO of Franco -Nevada and the 2015 acquisition by
OceanaGold of Romarco Minerals and its Haile Gold Mine located in South Carolina for
around C$856 million. Mr. Markin received his Bachelor of Law Degree from the University
of Ottawa, Canada, and holds an M.A. in International Relations from the Norman
Patterson School of International Affairs, Ottawa, Canada.
3
Mr. Neeser is a finance executive with 18 years of experience
in financial reporting, corporate development, and corporate
finance, primarily in the mining sector. Most recently Mr.
Neeser was CFO and Corporate Secretary at TSX listed Gold
Standard Ventures, which was acquired by Orla Mining
(TSX:OLA) in August, 2022. Mr. Neeser was previously CFO of
Conifex Timber (TSX:CFF), and before that spent eight years
with First Quantum (TSX:FM) as both Group Controller and
Director, Business Development. Mr. Neeser started his career
with KPMG, is a Chartered Public Accountant , Chartered
Accountant, and holds a Bachelor of Commerce degree from the University of British
Columbia, Vancouver, Canada.
About Ivanhoe Electric
Ivanhoe Electric is an American technology and mineral exploration company that is re -
inventing mining for the electrification of everything by combining advanced mineral
exploration technologies, renewable energy storage solutions and electric metals
projects predominantly located in the United States. Ivanhoe Electric uses its Typhoon™
transmitter, an acc urate and powerful geophysical survey system, together with
advanced data analytics provided by its subsidiary, Computational Geosciences, to
accelerate and de-risk the mineral exploration process as well as to potentially discover
deposits of critical metals that may otherwise be undetectable by traditional exploration
technologies. Through its controlling interest in VRB Energy, Ivanhoe Electric also
develops and manufactures advanced grid -scale vanadium redox battery storage
systems. Finally, through adv ancing its portfolio of electric metals projects located
primarily in the United States, headlined by the Santa Cruz Copper Project in Arizona and
the Tintic Copper-Gold Project in Utah, as well as projects in Montana, Oregon and North
Carolina, Ivanhoe El ectric is also well positioned to support American supply chain
independence by delivering the critical metals necessary for electrification of the
economy.
Contact Information
Investors
Evan Young, Vice President of Corporate Development
604-689-8765
Valerie Kimball, Director, Investor Relations
720-933-1150