Norsk Titanium Appoints Christopher E. Kubasik Chairman of the Board

Norsk Titanium AS (NTi), a manufacturer of titanium components for industrial applications, announced the appointment of Christopher E. Kubasik as Chairman of the NTi Board of Directors. Kubasik is expected to formally assume chairmanship in January 2016. John Andersen, Jr., who has been serving as the Executive Chairman of NTi since November 2014, will remain on the Board.

“We are very pleased that such an experienced industry leader as Chris will chair the NTi Board as our company enters a new, ground-breaking chapter in its history with the establishment of a U.S.-based manufacturing facility,” said John Andersen, Jr. “Since Chris joined the Board in June 2013, he has made many contributions to NTi through his extensive professional network and in-depth knowledge of the Aerospace & Defense (A&D) industries. We look forward to his continued leadership."

Christopher E. Kubasik heads New York-based Seabury Advisory Group as President & Chief Executive Officer. Seabury is a leading professional services firm serving the Aviation, Aerospace & Defense industries. Kubasik previously was President & Chief Operating Officer of Lockheed Martin Corporation.

"I look forward to my new position as we advance our quest to deliver a revolutionary disruptive technology across the globe,” commented Christopher E. Kubasik. "The titanium component manufacturing market is undergoing rapid growth, and I am delighted to continue to take NTi to the next level as we begin to deliver significant benefits to the global A&D sectors through affordable titanium components at the highest quality levels.”

In addition to Christopher E. Kubasik and John Andersen, Jr., the NTi Board of Directors includes Bart van Aalst (Forty2 Capital Limited), Jan Magnussen (Scatec), Shan Ashary (Limestone Capital), Tim Lintott (independent legal advisor), and Warren Boley Jr. (NTi President & Chief Executive Officer).

Norsk Titanium AS (NTi) has revolutionized the industry with its proprietary Direct Metal Deposition (DMD) technology that transforms titanium wire into complex components that are up to 70 – 80 percent complete. The 3D printing process involved reduces time from CAD drawings to manufacturing of finished titanium components by up to 90% and the cost by up to 70% compared to incumbent processes.

For more information, visit: www.norsktitanium.no

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