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New CEO Background notes

Background notes

Mr Andrew Ferrier has 18 years of experience at the senior executive level with nine years as Chief Executive. His CEO experience has been in both operating and holding companies.

The major part of his career, from 1994 to 1999, has been spent with Tate & Lyle and its subsidiaries. Tate & Lyle is a world leader in sweetener and starch production with operations in more than 50 countries worldwide.

1998-1999 President and Chief Executive Officer Tate & Lyle North American Sugars Inc., Toronto and New York. At this time TLNAS was North America’s second largest and most diverse sugar processing company with plants in Canada, the United States and Mexico.

1994-1998 President Redpath Industries Ltd, Toronto. This business comprised Redpath Sugars, Redpath Specialty Products and Redpath Custom Packing.

1990-1994 Vice President Lantic Sugar Ltd, Montreal, the market leader in Canada.

1985-1990 Vice President Refined Sugars Inc., Yonkers, New York. The Number Two refiner in the US Northeast.

1983-85 Financial Planning/Foreign Exchange and Sugar Trading Redpath Sugars, Montreal.

Throughout his career Mr Ferrier has dealt with international trade issues, operating in free trade and heavily regulated environments. He was principle witness and won an international trade case pitting Canada against the United States and the European Union on anti-dumping and subsidisation.

Mr Ferrier has held numerous portfolios including financial planning, international commodity trading, foreign exchange risk management, sales, marketing, logistics and government relations.

Currently heads GSW Inc. in Toronto, Canada a publicly traded Canadian company selling branded consumer building and water products with 75% of its revenue coming out of the United States. In 2002 GSW Inc. experienced its highest operating profits in its 155-year history.

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