2015-08-26 10:15 ET - News Release
Mr. Anthony Dutton reports
IBC ADVANCED ALLOYS APPOINTS CHRIS HUSKAMP ACTING PRESIDENT OF IBC ENGINEERED MATERIALS
Advanced Alloys Corp. has appointed Chris Huskamp as acting president
of its subsidiary IBC Engineered Materials Corp. (EMC). Mr. Huskamp is
an advanced automotive and aerospace materials expert and has been with
the company since 2011, initially as a consultant, and since 2014, as
vice-president of business and technical development.
"I am very
excited by the aerospace, automotive and wider market opportunities for
IBC and our Beralcast alloys," said Mr. Huskamp, "and look forward to
working closely with our growing customer base to realize the potential
of these important alloys. Design engineers are increasingly focused on
weight savings while cost-effectively maintaining strong materials
performance," continued Mr. Huskamp. "IBC's Beralcast alloys offer a
wide range of excellent benefits and represent an exciting growth
Prior to joining IBC, Mr. Huskamp was an associate
technical fellow at the Boeing Company in St. Louis where he developed
high-performance materials solutions for military and commercial
aerospace projects. At IBC he has focused on aerospace applications for
Beralcast, the company's proprietary beryllium aluminum casting alloys,
and has been a key member of IBC's team providing Lockheed Martin with
Beralcast components for the F-35 Lightning II program. "Chris has
proven himself an indispensable asset to IBC and its customers and we
are excited to be working with him in this new role," said Anthony
Dutton, president and chief executive officer of IBC Advanced Alloys.
"His experience, enthusiasm and leadership skills will be invaluable for
the growth of EMC and Beralcast."
Mr. Huskamp is replacing Ray
White who has resigned as president of EMC. "Ray White was critical in
establishing IBC as a leading supplier of beryllium aluminum cast
components," said Mr. Dutton. "I want to thank Ray for his role in
founding, developing and positioning EMC for growth."
compensation, Mr. Huskamp will be awarded an additional options package
with standard vesting provisions. The options, priced at 12 cents, are
being awarded as part of an aggregate award of 1.2 million options to
include other consultants, directors and officers.