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Message: James F. Kirsch Joins Cliffs Natural Resources Inc. Board of Directors

James F. Kirsch Joins Cliffs Natural Resources Inc. Board of Directors

posted on Mar 09, 2010 05:43PM

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Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced that its Board of Directors has elected James F. Kirsch as a director. Mr. Kirsch also currently serves as chairman, president and chief executive officer of Ferro Corporation (NYSE: FOE).

Joseph A. Carrabba, chairman, president and chief executive officer of Cliffs, said: "Jim brings to our board over 25 years' experience in technology-based materials, with broad-based knowledge acquired from such well-known industrial names as Ferro Corporation and The Dow Chemical Company. He is a proven strategic leader, highly accomplished executive and known change-agent. His insight will be extremely valuable to our board as we continue the execution of our strategic plans."

Mr. Kirsch, age 52, joined Ferro in 2004 as president and chief operating officer. He became president and chief executive officer in 2005 and added responsibilities as chairman in 2006.

Prior to joining Ferro, Mr. Kirsch served as president of Premix Inc. and Quantum Composites, manufacturers of thermoset molding compounds, parts and sub-assemblies for the automotive, aerospace, electrical and HVAC industries. Earlier, he served as president and a director for Ballard Generation Systems and vice president for Ballard Power Systems in Burnaby, British Columbia, Canada. Mr. Kirsch began his career with The Dow Chemical Company, where he spent 19 years in positions of increasing responsibility, including global business director of propylene oxide and derivatives and global vice president of electrochemicals.

"I am enthusiastic about joining Cliffs' board and being part of the Company's exciting growth story," said Mr. Kirsch. "I believe my experience in the materials space and with industrial companies will complement what I consider to be a very insightful and determined group of directors."

Mr. Kirsch received a bachelor's degree in marketing from Ohio State University. In addition to Cliffs, he currently serves as a member of the board of directors of the Greater Cleveland Partnership and John Carroll University in University Heights, Ohio.

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