Cleveland, Oh., USA - September 10, 2014, Cleveland, Oh., USA - Cliffs Natural Resources Inc. announced that it has appointed John T. Baldwin to its board of directors.
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Since 2006, Mr. Baldwin has served as a Director and Chairman of the Audit Committee of Metals USA, which provides a wide range of products and services in the heavy carbon steel, flat-rolled steel, specialty metals, and building products markets.
Previously, he was Senior Vice President and Chief Financial Officer of Graphic Packaging Corporation, and Vice President and Chief Financial Officer of Worthington Industries, Inc.
Prior to Worthington, Mr. Baldwin served in various financial capacities at Tenneco Inc. in both the U.S. and the U.K.
He previously served on the Board of The Genlyte Group Incorporated, where he also was Chairman of the Audit Committee. He holds a B.S. degree from the University of Houston and a J.D. from the University of Texas School of Law.
In addition to Mr. Baldwin's appointment, Cliffs also announced that Douglas Taylor was appointed Lead Director of the Cliffs Board.
Mr. Taylor has served as Chief Executive Officer and Co-Chief Investment Officer of Casablanca Capital LP, a hedge fund, since he co-founded it in 2010.
Prior to Casablanca, Mr. Taylor was a Managing Director at Lazard Freres & Co. LLC, a financial advisory and asset management firm, from 2002 until 2010.
From 2000 until 2001, he served as a Managing Director of Dresdner Kleinwort Benson, and from 1993 until 2000, he held various positions, including Managing Director at Wasserstein Perella, a global mergers and acquisitions advisory and investment firm, which was bought by Dresdner Bank.
Mr. Taylor began his investment banking career at Toronto Dominion Bank, a Canadian multinational banking and financial services corporation, where he served as Associate from 1990 until 1993.
From 2008 to 2010, he was the Chief Financial Officer and director at Sapphire Industrials Corp., a blank check company formed for the purpose of effecting business combinations with one or more operating businesses.
Mr. Taylor holds a Bachelor of Arts degree in Economics from McGill University and a Master of Arts degree in International Affairs from Columbia University School of International and Public Affairs. ■