What Happened?
Stamford, CT-based Tronox has Promoted Richard L. Muglia as General Counsel
About the Company
Tronox Limited is a global leader in the mining, production and marketing of inorganic minerals and chemicals. The company operates two vertically integrated divisions: Titanium dioxide (TiO2) and Alkali Chemicals. The TiO2 division mines and processes titanium ore, zircon and other minerals, and manufactures TiO2 pigments that add brightness and durability to paints, plastics, paper, and other everyday products. The division operates mines and mineral processing plants in South Africa and Australia, and pigment manufacturing plants in the USA, the Netherlands, and Australia. Tronox Alkali is the world`s largest producer of natural soda ash, offering a secure, reliable and diverse range of high-quality product choices. The Alkali division mines and processes trona ore and manufactures soda ash that is used in the production of glass, detergent formulation, chemical manufacturing, pulp and paper production, and water treatment. It also produces sodium bicarbonate and other chemical compounds used in common industrial and household applications. Our main Alkali operations are in Green River, Wyoming, home of the world`s largest trona ore deposit. Tronox also has an electrolytic and specialty chemicals division that provides innovative products to the energy storage, paper, automotive, and pharmaceutical industries. Tronox`s diverse global workforce of 4,400 employees is committed to safe and sustainable business practices that bring value to its shareholders, customers, employees, and the communities where we work and live. The company operates more than 20 locations around the world, with corporate offices in Stamford, Connecticut (USA), Bentley, Australia, Philadelphia, Pennsylvania (USA), and Sandton, South Africa. It has a research and development center in Oklahoma City, Oklahoma (USA). Tronox is listed on the New York Stock Exchange under the ticker symbol TROX.
About the Person
Richard L. Muglia has been Senior Vice President, General Counsel and Secretary since March 1, 2014 and Deputy General Counsel since February 2013. Prior to that he was a partner at Skadden, Arps, Slate, Meagher, and Flom LLP, the international law firm, since 1994 and has more than 30 years of legal experience. Mr. Muglia concentrates in the areas of public and private securities financings, with an emphasis on international and cross-border offerings, including privatizations. He has advised many non-U.S. companies in connection with their financings in the United States and abroad as well as numerous investment banking firms involved in U.S. and international financings. In addition, Mr. Muglia is experienced in offerings that are exempt from U.S. SEC registration provided by Regulation S and Rule 144A. In 2000, Mr. Muglia represented Morgan Stanley Dean Witter & Co. and UBS Warburg as joint global coordinators in the initial stage of the US$8.6 billion privatization of Telia AB, the national telecommunications company of Sweden. In addition, he represented Merrill Lynch International and Goldman Sachs International in the US$1.9 billion offering of Portugal Telecom, which was the fifth and final stage of its privatization. During 1999, Mr. Muglia represented Merrill Lynch International, Warburg Dillon Read and BES Investimento in the privatization of Portugal Telecom; the Government of Ireland and Eircom in the initial public offering of its shares; and The Republic of Italy (The Ministry of Treasury) in connection with the US$18 billion privatization of ENEL Societa per Azioni, the state-owned electric utility, via an initial public offering. In 1998, Mr. Muglia represented Merrill Lynch International and Merita Corporate Finance in the initial stage of privatization of Sonera Group plc, the national telecommunications company of Finland. In addition, he represented the global coordinators in the initial public offering of Panafon Hellenic Telecommunications Company S.A., the leading provider of mobile telecommunications services in Greece. In 1997, Mr. Muglia represented Morgan Stanley & Co., Argentaria Bolsa, Banco Bilbao Vizcaya and Caja de Ahorros y Pensiones de Barcelona as global coordinators in connection with the final stage of privatization of Telefónica de Espana, S.A. Also in 1997 he represented Credit Suisse First Boston and Merrill Lynch & Co. as global coordinators in the privatization of MATAV, the Hungarian telecommunications company, as well as Merrill Lynch & Co., UBS Limited, SBC Warburg Dillon Read and Banco ESSI in the multi-tranche privatization of Portugal Telecom. In 1996, Mr. Muglia represented the global coordinators and other underwriters in two transactions carried out pursuant to Regulation S/Rule 144A, offerings by Interpump S.p.A. and Telecel-Communicações Pessoais. In addition, during that year he represented the global coordinators in the second public offering of Portugal Telecom in connection with its continuing privatization. In 1995, Mr. Muglia represented Merrill Lynch & Co., UBS Limited, S.G. Warburg Securities and Banco ESSI as global coordinators in connection with the initial privatization of Portugal Telecom, a multi-tranche offering in Portugal, the United States and international markets. He also represented Merrill Lynch & Co., Argentaria Bolsa, S.V.B., Banco Bilbao Viscaya and Caja de Ahorros y Pensiones de Barcelona as global coordinators in the multi-tranche offering of shares and American Depositary Shares of Telefonica de Espana. He holds a J.D. from Columbia University School of Law, MPH from Yale University, and B.A. from Williams College.
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