AMG Advanced Metallurgical Group N.V. Announces Appointment of New Chief Financial Officer

AMSTERDAM, Netherlands, Jan. 11, 2016 (GLOBE NEWSWIRE) -- AMG Advanced Metallurgical Group N.V. ("AMG", EURONEXT AMSTERDAM: "AMG") announced today that it has appointed Mr. Jackson M. Dunckel as Chief Financial Officer ("CFO"), effective 1 February 2016.  Mr. Dunckel succeeds Ms. Amy Ard, who will resign effective 31 January 2016, to pursue other professional opportunities. Ms. Ard will assist in an orderly transition of her responsibilities to Mr. Dunckel.

Mr. Mike Connor, head of controlling at AMG, has been promoted to Senior Vice President and Corporate Controller effective immediately. Mr. Connor is a Certified Public Accountant, since 2005, and completed his MBA in 2003 at LaSalle University.

Mr. Dunckel joins AMG from the Macquarie Group Limited where he has served as Managing Director and Head of Chemicals since 2010. Prior to this, Mr. Dunckel held various senior level positions at JP Morgan Chase since 1995, including Vice President, Global Chemicals and Executive Director, Investment Banking Coverage.

Mr. Dunckel graduated, Cum Laude, with a Bachelor's degree in European History from the University of California and completed his MBA in International Finance at the Leonard Stern School of Business in 1995.

"Amy Ard has been essential in the formation of AMG, the IPO in 2007 and the building of a strong corporate finance and controlling structure," said Dr. Heinz Schimmelbusch, CEO and Chairman of the Management Board. "All of us greatly appreciate these significant contributions to AMG over the past 10 years. We wish Amy the very best in her future endeavors."

  
About AMG

AMG is a global critical materials company at the forefront of CO₂ reduction trends. AMG produces highly engineered specialty metals and mineral products and provides related vacuum furnace systems and services to the transportation, infrastructure, energy, and specialty metals & chemicals end markets.

AMG Critical Materials produces aluminum master alloys and powders, titanium alloys and coatings, ferrovanadium, natural graphite, chromium metal, antimony, tantalum, niobium and silicon metal.  AMG Engineering designs and produces vacuum furnace equipment and systems used to produce and upgrade specialty metals and alloys for the transportation, automotive, infrastructure, and energy markets.

With approximately 3,000 employees, AMG operates globally with production facilities in Germany, the United Kingdom, France, Czech Republic, United States, China, Mexico, Brazil and Sri Lanka, and has sales and customer service offices in Russia and Japan (www.amg-nv.com).  

For further information, please contact:
AMG Advanced Metallurgical Group N.V.         +1 610 293 5804
Steve Daniels
Vice President of Investor Relations
[email protected]

Disclaimer
Certain statements in this press release are not historical facts and are "forward looking".  Forward looking statements include statements concerning AMG's plans, expectations, projections, objectives, targets, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans and intentions relating to acquisitions, AMG's competitive strengths and weaknesses, plans or goals relating to forecasted production, reserves, financial position and future operations and development, AMG's business strategy and the trends AMG anticipates in the industries and the political and legal environment in which it operates and other information that is not historical information.  When used in this press release, the words "expects," "believes," "anticipates," "plans," "may," "will," "should," and similar expressions, and the negatives thereof, are intended to identify forward looking statements.  By their very nature, forward looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward looking statements will not be achieved.  These forward looking statements speak only as of the date of this press release.  AMG expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statement contained herein to reflect any change in AMG's expectations with regard thereto or any change in events, conditions, or circumstances on which any forward looking statement is based.

January 11 2016 http://hugin.info/138060/R/1977813/724199.pdf

HUG#1977813