Itafos has announced the appointments of Mhamed Ibnabdeljalil and G. David Delaney to the board of the company, effective on December 31, 2016 and February 6, 2017, respectively. In addition, Itafos announced the appointment of Marten Walters as Vice President of Operations, effective on January 16, 2017. In their new board positions, Dr. Ibnabdeljalil and G. David Delaney will provide governance best practice, strategic guidance and overall counsel to the Itafos management team. As Vice President of Operations Mr. Walters will oversee all aspects of the company's physical operations. Itafos also announced that David Andrew Parsons will be resigning from the board effective on February 6, 2017 to allow for the appointment of Mr. Delaney. Itafos confirmed that Mr. Parsons will continue to serve the company in an advisory role. Dr. Ibnabdeljalil is the Founder and Managing Partner at Spika Ventures LLC, a strategic advisory and corporate development firm based in New York City focused on natural resources, basic materials including fertilizers and industrials sectors. Dr. Ibnabdeljalil has broad sector expertise in a wide range of basic materials, chemicals, and industrials. He served as the EVP and Chief Commercial Officer of OCP Group S.A. Dr. Ibnabdeljalil has a track record in leading multi-billion dollar sales, marketing, raw material procurement, logistics and business development efforts across geographies in emerging and developed markets. Dr. Ibnabdeljalil served on the board of directors of several international companies and associations, including Prayon, Paradeep Phosphate Ltd., Bunge Maroc Phosphore (JV with Bunge Fertilizantes), Black Sea GUBRE TICARET A.S (JV with Toros Tarim A. S) as Chairman, IMACID (JV with Tata and Chambal Chemical), and EMAPHOS (JV with Prayon and Budenheim), and the International Plant Nutrition Institute as Vice Chairman. He also served on the boards of OCP's subsidiaries Marphocean S.A. and Societe de Transports et d'Affretement Reunis S.A. and OCP International Cooperatieve U.A. as chairman, Maroc Phosphore S.A, Phosboucraa S.A, OCP de Argentina SA, OCP do Brazil and OCP Foundation. Mr. Delaney serves as a Strategic Advisor for Paine & Partners, a private equity firm that focuses on the large and growing food and agribusiness sectors. He most recently was the EVP and Chief Operating Officer of Potash Corporation of Saskatchewan Inc. As President of Sales at Potash, Mr. Delaney led the centralization of the global sales function and had oversight of all PotashCorp's Sales, Marketing, Market Research, Transportation and Distribution activities. Prior to PotashCorp, he held various sales and product positions at Arcadian Corporation Ltd. until it was acquired by Potash Corp. in 1997. Mr. Delaney has served on numerous boards, including Arab Potash Company where he also served as a member of the Developmental Committee and as a Director at Canopex Limited. He has also served as Chairman for Fluid Fertilization Association and Phosphate Chemicals Expert Association (PhosChem) and was a Director for the International Plant Nutrition Institute. Mr. Marten Walters is a Chemical Engineer and President of KEMWorks, a company specializing in Phosphate Project Development based in Lakeland, Florida. He has more than 35 years' experience in the design, start-up and operation of fertilizer and chemical plants. Mr. Walters has designed and started up phosphoric acid, granulation, and animal feed plants in Australia, Brazil, China, Morocco, US and UK. He was Project Manager for beneficiation and fertilizer plant feasibility studies including: Minemakers, Australia (Bankable Feasibility Study); Cominco, DR Congo; VKG, Estonia; GB Minerals, Guinea-Bissau (Bankable); Sunkar, Kazakhstan; Texuna, Uzbekistan (Bankable); Vale, Peru and Mozambique; Wadi Group, Egypt. He served as Technical Manager at Jacobs Engineering Fertilizer Center for three years and was responsible for all aspects of process engineering and lab testing.