Coeur Announces Nomination of Randolph E. Gress to Board of Directors
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Coeur d′Alene Mines Corporation (the 'Company? or 'Coeur?)(NYSE:
CDE)(TSX: CDM) today announced that Randolph E. Gress has been nominated
for election to the Board of Directors at the Company′s 2013 annual
meeting of shareholders to be held May 14, 2013. Upon his election, Mr.
Gress is expected to be appointed to the Audit Committee and the
Nominating and Corporate Governance Committee.
Mr. Gress, an experienced industrial CEO with a wide range of
international exposure, brings over 34 years of experience to Coeur′s
Board. Mr. Gress is Chairman, Chief Executive Officer, and Director of
Innophos Holdings, Inc., a leading international producer of
performance-critical and nutritional specialty ingredients for the food,
beverage, dietary supplements, pharmaceutical and industrial end
markets. Mr. Gress has been with Innophos since its formation in 2004
when Bain Capital purchased Rhodia SA′s North American specialty
phosphate business. Prior to his time at Innophos, Mr. Gress was with
Rhodia since 1997 and held various positions including Global President
of Specialty Phosphates (with two years based in the U.K.) and
Vice-President and General Manager of the NA Sulfuric Acid and
Regeneration businesses. From 1982 to 1997, Mr. Gress served in various
roles at FMC Corporation including Corporate Strategy and various
manufacturing, marketing, and supply chain positions. Mr. Gress has a
B.S.E. in Chemical Engineering from Princeton University and an M.B.A.
from Harvard Business School.
'We are pleased to have Randy join Coeur′s Board of Directors,? said
Robert E. Mellor, Coeur′s Chairman of the Board. 'Mr. Gress brings
significant corporate leadership experience, having guided his company
through the challenges of private equity ownership and an IPO. He has
led Innophos Holdings, Inc. as a public company since its IPO in 2006.?
About Coeur
Coeur d'Alene Mines Corporation is the largest
U.S.-based primary silver producer and a growing gold producer. The
Company has four precious metals mines in the Americas generating strong
production, sales and cash flow in continued robust metals markets.
Coeur produces from its wholly owned operations: the Palmarejo
silver-gold mine in Mexico, the San Bartolom? silver mine in Bolivia,
the Rochester silver-gold mine in Nevada and the Kensington gold mine in
Alaska. The Company also owns a non-operating interest in a mine in
Australia, and conducts ongoing exploration activities in Mexico,
Argentina, Nevada, Alaska and Bolivia.
Coeur d'Alene Mines Corporation
Wendy Yang, Vice President,
Investor Relations
208-665-0345
or
Stefany Bales,
Director, Corporate Communications
208-667-8263
www.coeur.com