Sullivan selected to join Cliffs board

FORMER Bucyrus president and chief executive officer Timothy Sullivan, absent from the industry since the equipment maker was bought by Caterpillar in 2011, has resurfaced as the latest board director for Cliffs Natural Resources.
Sullivan selected to join Cliffs board Sullivan selected to join Cliffs board Sullivan selected to join Cliffs board Sullivan selected to join Cliffs board Sullivan selected to join Cliffs board

Timothy Sullivan

Donna Schmidt

The Ohio-based producer confirmed that Sullivan, 59, would join the board on January 1 and be its 11th director.

Sullivan, a graduate of American University and Carroll University, joined CCMP Capital Advisors in 2012.

He had a 34-year career with OEM Bucyrus.

Sullivan first entered the mining industry when he accepted his first Bucyrus position in 1976.

He was named vice-president of sales and marketing for the company in 1995, and was later promoted to executive vice-president.

He joined United Container in 1999 as president and chief executive officer, but returned to Bucyrus the following year.

In 2000-2004 he was its president, where he successfully transformed the company's financial position. In 2004 he was named president, chief executive officer and a director of the company, a role he fulfilled until last year.

“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,” Cliffs chairman, president and CEO Joseph Carrabba said.

“Tim's understanding of the importance of capital allocation will only add to his contributions to our business.”

Most read Archive

loader

Most read Archive