The Metals Company announced that Kathleen McAllister has been appointed to its Board of Directors as an Independent Director, as it advances its seafloor polymetallic nodule project to supply the world with critical base metals needed for the energy transition. Kathleen will first join the Board as a director until April 1, 2022, when it is expected that she will assume the role of TMC Audit Committee Chair with the remit of ensuring rigorous internal controls, quality financial accounting and corporate reporting. Kathleen currently serves as an Independent Director and member of the Audit Committees for electric and gas utility company, Black Hills Corporation, and energy infrastructure provider, Höegh LNG Partners LP, following a two-year tenure as chair of the Audit and Risk Committee of Maersk Drilling.

In her various executive roles at Transocean Partners LLC including President and CEO, Kathleen guided the formation of the company and led the IPO of a 29% interest in the company. She previously served as Vice President of Transocean Ltd, an international offshore drilling contract services provider, where she led over $20 billion in capital market transactions.