Title: Chair, Chief Executive Officer
Company: AMAX, Inc.
Location: Phoenix, Arizona, United States
Allen Born, formerly chairman and CEO of AMAX, Inc. has been recognized by Marquis Who’s Who Top executives for dedication, achievement and leadership in mining, mineral processing and production.
Having accrued an astounding 60 years of inimitable expertise in the field of mining administration, Allen Born has garnered a laudable reputation as the chairman and ceo of Born Investments LLC , a private investment enterprise with interests in venture capital and directional drilling fo natural gas production. He previously found success as chairman and CEO of AMAX, Inc from 1986 to 1993 And Alumax, Inc from 1993 to 1998. Whilst presiding over AMAX Mr. Born helmed the distribution of 100% of Alumax shares to AMAX shareholders at a value of $15 per share, while non-aluminum assets were merged with Cyprus Minerals Co. on a 50%-50% basis to form Cyprus-Amax Inc. for which he served as chairman of the newly created company. From 1993 through 1998, under Mr. BORN’s leadership Alumax continued to expand and prosper. Alumax, Inc. was acquired by Alcoa Inc. in July 1998 for $50 per share.
Born and raised in Durango, Colorado, Mr. Born attended Fort Lewis College to play basketball and was married in the spring to Pat Beaubien, before being drafted into the U.S. Army in 1953. Spending two years on active duty and six in the ready reserve, he completed his basic training at Fort Bliss in Texas and was sent to the Far East Command, where he served in Korea, Japan and Okinawa. His son Michael was born while he was on active duty in Okinawa and he was discharged from active duty in 1955.
Following this, Mr. Born applied and was accepted to the University of Texas at El Paso, and he and his family made the move to El Paso. As an Army veteran and full-time student, he was eligible for the G.I. Bill and was able to live at the veterans’ village on campus. He majored in geology and non-ferrus metallurgy, while also working the swing shift as a supervisor at the El Paso YMCA. Because he was still considered active in the Army Reserve, he was recalled due to the Vietnam War. Fortunately, his status was changed to inactive, because of his status as a full-time university student who was married with a child.
Graduating in 1958, Mr. Born then began his career and excelled as an exploratory geologist for the El Paso Natural Gas Co., after which he flourished for nine years with the Vanadium Corp. of America, Pima Mining Co., and MolyCorp Inc. Joining Amax in 1967 as a senior metallurgist at the Climax Molybdenum Mine in Colorado, he was soon raised to become the chief metallurgist and mine manager. Following these appointments, Mr. Born continued his career as the president and chief executive officer of Canada Tungsten Mining Corp. Ltd., and he was later named as the president of Amax in Canada and Climax Molybdenum Corp. of British Columbia.
Departing from Amax in 1981, Mr. Born accepted the position of the president and chief executive officer of Placer Development Ltd., additionally being named as the chairman of the board in 1983. While pursuing his responsibilities with Placer, he explored, developed and operated mines in Canada, the U.S., Mexico, the Philippines, Australia and Papua New Guinea. Likewise, Mr. Born assisted in advancing oil and natural gas interests through the creation of Placer CEGO Petroleum, a wholly owned subsidiary headquartered in Canada.
Following a decline in its commodities due to an overcapacity of metals in the global market, Amax brought back Mr. Born in 1985 to serve as the president and chief operating officer of the company. Elected as the chief executive officer in 1986, he shepherded Amax through a recovery which eventually led to the company’s merger with the Cyprus Minerals Co. Throughout its existence, Amax Inc. remarkably grossed more than $5 billion in annual revenue.
In additional career-related endeavors, Mr. Born formerly held the distinction as the chairman of the Aluminum Association and the American Mining Congress. Furthermore, he served on the board of directors for the Inmet Mining Corp., AK Steel Holding Corp., Cyra Technologies, Morgan Bank of Canada and the Business Council of British Columbia, among others. An avid civic citizen, Mr. Born has also sat on the board of trustees for such cultural touchstones as the Woodruff Arts Center and the Carter Center in Atlanta, Georgia, as well as the vice chairman of the corporate board for The Kennedy Center in Washington, D.C.
A testament to his exemplary accomplishments in the mining industry, Mr. Born was named as the Chief Executive Officer of the Year as well as the Silver Award winner in all North American industry by Financial World magazine in 1986. In 1987, he became the third person in history to receive the Golden Nugget Award for professional accomplishment from the College of Science at the University of Texas at El Paso. Moreover, Mr. Born was bestowed with bronze awards in 1987, 1988 and 1989 by Financial World magazine during its CEO of the Year competitions for those years. He was also notably presented with the Daniel C. Jackling Award by the Society for Mining, Metallurgy & Exploration in recognition of “his leadership and ability to cut costs, streamline and rationalize corporate structures, and revitalize and refocus management efforts in the face of the worst commodities markets since the Great Depression.”
Continuing to win accolades throughout his career, Mr. Born was honored as the Wall Street Transcript’s choice for Chief Executive Officer of the Year in the aluminum industry in 1990. During that same year, he earned a Business Leadership Award from the Citizens Union of New York City. Likewise, the Colorado School of Mines awarded him with an honorary Doctor of Engineering in 1992, and he was celebrated as an outstanding alumnus of the University of Texas at El Paso during the following year. Having sought to remain informed in the intricacies of his field, Mr. Born has maintained his affiliations with the American Institute of Mining, Metallurgical, and Petroleum Engineers and the National Mining Association.
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