Rosheen Garnon Appointed Alexium Chair
Perth, Australia and Greer, South Carolina – 29 March 2019 – Alexium International Group Limited (“Alexium,” “the Company”) (ASX: AJX, NASDAQ Designation: AXXIY) is pleased to announce the appointment of Rosheen Garnon as its new Board Chair. The appointment follows the retirement from the Board of Non-Executive Chair Sue Thomas with effect from 31 March 2019.
Ms Garnon, a former KPMG senior partner, was appointed to the Board in September 2018 and currently chairs the Audit and Risk Committee. Ms Garnon has extensive experience working with and advising C-Suite executives and has significant Board experience. Ms Garnon is a Director of Australian Rail Track Corporation, Member of the Board of Taxation, Director of The Smith Family, Director and Chair of the Audit & Risk Committee for Creative Partnerships Australia.
Commenting on her appointment as Alexium Chair, Ms Garnon said: “I would like to thank Sue for her contribution as Chair and a Director of Alexium. Sue has worked tirelessly as Chair over a period where the Board and a new Executive Team have been delivering on a turnaround cornerstone strategy to commercialise our flame retardant and thermal regulation products.
“I am honoured to have been appointed the new Chair at an important time for Alexium, where we are building positive momentum. I am passionate about growing the business sustainably and am very excited about scaling our growth via partnership opportunities. In the coming days we expect to provide an update on the commercialization of Alexiflam® NF technologies, which together with our recent exclusivity agreement to supply Pine Belt with flame-retardant treatment for military applications, positions us for long-term growth”.
About Alexium International Group Limited
Alexium International Group Limited (ASX: AJX, Nasdaq Designation: AXXIY) holds proprietary patent applications for novel technologies developed to provide flame retardancy for a wide range of materials. These environmentally friendly flame retardants have applications for several industries and can be customized. Further, Alexium develops proprietary products for advanced thermoregulation utilizing phase change materials. Alexium also holds patents for a process developed initially by the U.S. Department of Defense, which allows for the surface modification and attachment of nanoparticles or multiple chemical functional groups to surfaces or substrates to provide fire retardancy and various additional functionalities. Applications under development include but are not limited to textiles, packaging, electronics, and building materials. Alexium’s chemical treatments are currently marketed as Alexicool® and Alexiflam®. For additional information about Alexium, please visit www.alexiuminternational.com.
Vice President, Investor Relations