ShengdaTech Appoints A. Carl Mudd as Lead Independent Director

04-Feb-2011 - China

ShengdaTech, Inc. announced that the Company's board of directors has appointed A. Carl Mudd to the position of lead independent director.

Among his key responsibilities in this position, Mr. Mudd will coordinate the activities of the independent directors of the board, serve as a formal liaison between the Company's senior management and the independent directors, chair executive sessions of the board's independent directors, coordinate the activities of the Board's operating committees and assist management in maintaining effective communication with the Company's shareholders.

Mr. Mudd has been an independent member of ShengdaTech's board since 2007. He will continue to be chairman of the Company's audit committee as well as a member of the board's compensation committee and nominating and corporate governance committee.

With extensive management experience, especially in the financial area, he has spent over 18 years consulting with and mentoring CEOs and board of directors of major companies on global strategy, business processes and international operations. In addition, he has 27 years of experience in international companies holding the key executive positions of chief financial officer, chief operating officer, and president. Mr. Mudd currently and has previously served as a member of the board of directors and chairman of the audit committee of other China- and U.S.-based NASDAQ and AMEX listed companies and as an advisory director to a privately held company. He is also a Statutory Director of the National Association of Corporate Directors-North Texas Chapter and a Director in Residence with the Institute for Excellence in Corporate Governance-School of Management, University of Texas at Dallas. He is a Certified Public Accountant, holds a business degree from St. Edward's University in Austin, Texas and a Certification of Director Education from The National Association of Corporate Directors Institute.

https://www.chemeurope.com/en/news/130632/shengdatech-appoints-a-carl-mudd-as-lead-independent-director.html