Norsk Titanium Continues Growth Momentum, Expands Commercial Leadership to Meet Robust Aerospace Demand

NEW YORK, NY — November 10, 2015 — Norsk Titanium AS (NTi), a global leader in manufacturing aerospace-grade titanium components using their patented Rapid Plasma Deposition™ (RPD™ ) process, announced today the appointments of three seasoned aviation and defense industry executives to round out its world-class commercial team in response to robust aerospace demand.

Steve Carrington joins NTi as Vice President of Sales; Tony Prezioso as Vice President of Contracts; and Nicholas Mayer as Vice President of Product Development. Alongside recently appointed Vice President of Marketing Chip Yates, the Sales and Marketing, Product Strategy, and Contracts team, led by NTi Chief Commercial Officer Chet Fuller, will drive the expansion of company’s sales, product development, and marketing activity.

“We have been inundated with titanium structural part drawings and quotation requests from our large aircraft OEM clients,” commented NTi Chief Commercial Officer Chet Fuller. “In response, we are aggressively growing our commercial organization to extend current supply contracts, drive new aerospace deals, and ensure we match our human resources to the escalating needs of our customers.”

Steve Carrington joins NTi from L-3 Communications, where he was Vice President, Business Development. In his career, Mr. Carrington has held executive and managerial positions for companies in high tech military components, systems, and applications for the U.S. defense and international defense markets, including Cincinnati Electronics and General Electric Aviation.

Tony Prezioso built his career at Bombardier Aerospace, where most recently he was Director Contracts, in addition to holding a number of progressive technical positions with the company. He is a senior executive with a strong track record of leading successful contract negotiations for the sale of aircraft and management of aircraft contracts worldwide.

Nicholas Mayer has held leadership positions with Northrop Grumman, Aerojet Rocketdyne, Lockheed Martin, and Seabury Global Aerospace & Defense prior to joining NTi. He has extensive experience in the aerospace and defense industries, standing up new organizations and significant programs with an emphasis on technology and systems development.

“We are excited to have Steve, Tony, and Nick join us to accelerate our company’s growth by bringing extensive experience through their successful aerospace careers and their expertise in building relationships with businesses across industries,” said NTi CEO Warren Boley. “They will be instrumental in our push to fundamentally change the aerospace titanium industry.”