Sunday, July 08, 2012 6:18:20 PM
Patriot Coal Names New Leadership Team To Improve Its Operating And Financial Structure
Engelhardt said, "Ben and I will immediately focus on improving Patriot's competitive position as well as its financial structure to enhance value for our shareholders and all other groups who have a stake in the Company's success. Our team has successfully navigated the inherent cycles in the energy industry in the past, and I am confident Patriot can overcome the industry challenges that we currently face. As we move forward, I could not have a better operating partner than Ben, who has demonstrated outstanding leadership and a deep knowledge of the coal industry in his 30-year career.
No way would a Top notch CEO come in and take the position unless he knew refi deal was a done deal!
http://www.patriotcoal.com/index.php?view=management-team&p=2&s=39
Irl F. Engelhardt
Irl Engelhardt serves as Chairman and Chief Executive Officer of Patriot Coal Corporation. Prior to the spin-off of Patriot from Peabody Energy, Mr. Engelhardt served as Chairman and a director of Peabody. Previously, he held various officer level positions with Peabody and its predecessor companies, including sales, business development and administrative areas.
Irl has previously served as the Chairman of the Federal Reserve Bank of St. Louis, Chairman of the National Mining Association, the Coal Industry Advisory Board of the International Energy Agency, the Center for Energy and Economic Development and the Coal Utilization Research Council, as well as Co-Chairman of the Coal Based Generation Stakeholders Group. He has also served as a director of The Williams Companies, Inc. and Valero Energy Corporation.
Engelhardt said, "Ben and I will immediately focus on improving Patriot's competitive position as well as its financial structure to enhance value for our shareholders and all other groups who have a stake in the Company's success. Our team has successfully navigated the inherent cycles in the energy industry in the past, and I am confident Patriot can overcome the industry challenges that we currently face. As we move forward, I could not have a better operating partner than Ben, who has demonstrated outstanding leadership and a deep knowledge of the coal industry in his 30-year career.
No way would a Top notch CEO come in and take the position unless he knew refi deal was a done deal!
http://www.patriotcoal.com/index.php?view=management-team&p=2&s=39
Irl F. Engelhardt
Irl Engelhardt serves as Chairman and Chief Executive Officer of Patriot Coal Corporation. Prior to the spin-off of Patriot from Peabody Energy, Mr. Engelhardt served as Chairman and a director of Peabody. Previously, he held various officer level positions with Peabody and its predecessor companies, including sales, business development and administrative areas.
Irl has previously served as the Chairman of the Federal Reserve Bank of St. Louis, Chairman of the National Mining Association, the Coal Industry Advisory Board of the International Energy Agency, the Center for Energy and Economic Development and the Coal Utilization Research Council, as well as Co-Chairman of the Coal Based Generation Stakeholders Group. He has also served as a director of The Williams Companies, Inc. and Valero Energy Corporation.
Everything I post is based on my opinion only. Do not buy or sell based on anything I post. Do your own DD.
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