Cleveland, Oh., USA - April 3, 2015, Cleveland, Oh., USA - Cliffs Natural Resources Inc. announced that it has named its current executive vice president of business development, P. Kelly Tompkins as the new EVP and CFO.
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Since joining Cliffs Natural Resources Inc. in May 2010, Mr. Tompkins has held many executive officer and senior leadership positions.
He brings several years of public company financial experience to his new role and has been involved with numerous debt and equity financings; M&A activity; participated in a management led leveraged buy-out; and initial public offerings and a hostile tender offer.
At Cliffs, he served in executive vice president roles in business development, commercial, legal and government affairs. He also was Chief Administrative Officer and President of Cliffs China for the Company.
Prior to joining the organization, Mr. Tompkins served as Executive Vice President and Chief Financial Officer of RPM International Inc., a NYSE-listed, global specialty chemical company from June 2008 to May 2010. He also served as RPM's Chief Administrative Officer and Senior Vice President and General Counsel.
Earlier in his career, Mr. Tompkins held various legal, management and investor relations positions with Reliance Electric Company and Exxon Corporation. Mr. Tompkins will replace Terrance Paradie, who announced his resignation to pursue an opportunity with another company.
Simultaneously with Mr. Tompkins's appointment as CFO, the Company's current Executive Vice President, Seaborne Iron Ore, Clifford Smith has been named Executive Vice President, Business Development. The position previously occupied by Mr. Smith has been eliminated.
Prior to Mr. Smith's new appointment, he held the role of Executive Vice President, Seaborne Iron Ore, where he had oversight for the Company's international operations in Australia and Canada.
Mr. Smith joined Cliffs in 2003, holding several senior level positions, including global responsibility for operations and business development.
He also led the exploration and development activities of the Company's global exploration group. In addition, Mr. Smith previously served as Vice President, Latin American operations and technical, and General Manager of business development for Cliffs. ■