Baja Mining Corp. Announces Board Changes
May 03, 2012 at 04:34 pm EDT
Mount Kellett Capital Management LP announced another step in its effort to reconstitute the Board of Directors of Baja Mining Corp. and to obtain the resignation of John Greenslade. Tom Ogryzlo and Wolf Seidler, former directors of Baja who recently resigned over governance concerns impacting the company, have agreed with Mount Kellett to join a reconstituted board of Baja that would also include Lorie Waisberg and Stephen Lehner. Mr. Ogryzlo has indicated to Mount Kellett that, following the resignation of John Greenslade, he would be willing, as needed and as may be appropriate, to serve as interim chief executive officer of Baja while a search is carried out for a permanent replacement.