he brought on to cliffs board for one thing only??? to drum up finances >>> that the guys job <<< so is he looking for money to buy the route or will he be looking for capital for kwg and my guess is the total package and good bye to pedros headache ??? i also think wes NOT boss is up to speed with what going on because as of today they are out of the gold business and focus on their nickle / chromite and that guys is straight from his moth with 10 million to put towards the rof and the things are about to roll ??? watch like i said there is something big coming and i believe joe made up his mind because the old game plan went into the fire place because i'm telling you the wild life risk is a BIG PROBLEM TO THE ENVIRO ASSESSMENT because they been asked 3 times and they have no fix is what i've been told

I THINK MY NEXT E MAIL IS TO FEDERAL ENVIRONMENTAL MINISTER ABOUT MIGRATION PATH THIS ROUTE HAS AND THAT DOES 300 TO 500 TRUCKS A DAY MEAN TO SPECIES AT RISK AND IF THE OIL PATCH THAT WAS DENIED BECAUSE OF IS IN THE SAME LEAGUE AS THIS ROUTE WITH SO MUCH FUTURE TRAFFIC AND WONDER WHAT THE RESPONCE WILL BE ???

like i said before something is up and expect some kind of bid or a partnership ??? with or without pedro because the signs are all there

http://www.ccmpcapital.com/

Cliffs Natural Resources Board Elects New Director

 
Cliffs Natural Resources Board Elects New Director

Timothy W. Sullivan to Join Company's Board

 

CLEVELAND, Dec. 3, 2012 /CNW/ - Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its Board of Directors has elected Timothy W. Sullivan, 59, executive advisor of CCMP Capital Advisors LLC and former president and chief executive officer of Bucyrus International Inc. to Cliffs Board. The appointment is effective Jan. 1, 2013. With the addition of Mr. Sullivan, Cliffs' Board will be comprised of a total of 11 directors.

(Logo: http://photos.prnewswire.com/prnh/20101104/CLIFFSLOGO )

Joseph Carrabba, Cliffs' chairman, president and chief executive officer, said: "I am pleased with the appointment of Tim to Cliffs' Board. His background and in-depth understanding of the global mining industry will be extremely beneficial to our board as we continue to execute our strategic growth plans in a challenging economic environment. Tim's understanding of the importance of capital allocation will only add to his contributions to our business."

Mr. Sullivan began his business career in the mining industry when he joined Bucyrus, a global designer and manufacturer of mining equipment, in 1976 where he spent 19 years in positions of increasing managerial responsibility for the company. He was named vice president of sales and marketing in 1995. Mr. Sullivan was later promoted to executive vice president before pursuing an opportunity outside of Bucyrus when in 1999 he joined United Container as president and chief executive officer. Within a year he was recruited back to Bucyrus as president, a position he held from 2000 to 2004, where he successfully transformed the company's financial position. In 2004, Mr. Sullivan was named president, chief executive officer and a director of the company, a role he held until 2011 when Bucyrus was acquired. Mr. Sullivan recently joined CCMP Capital Advisors LLC in 2012, a private equity firm after a 34 year career with Bucyrus International Inc.

Mr. Sullivan received a Master of Business Administration from American University and a Bachelor of Science from Carroll University. Currently, he serves as director for Generac Holdings Inc., Aurora Health Care Inc., and The Northwestern Mutual Life Insurance Company. Currently, he is a special consultant to the Wisconsin Governor and also the chairman of the Wisconsin Governor's Council for Workforce Investment, Council for College and Workforce Readiness. He is a past director for the National Mining Association.

About Cliffs Natural Resources Inc.

Cliffs Natural Resources Inc. is an international mining and natural resources company. A member of the S&P 500 Index, the Company is a major global iron ore producer and a significant producer of high- and low-volatile metallurgical coal. Cliffs' strategy is to continually achieve greater scale and diversification in the mining industry through a focus on serving the world's largest and fastest growing steel markets. Driven by the core values of social, environmental and capital stewardship, Cliffs associates across the globe endeavor to provide all stakeholders operating and financial transparency.