Patriot Coal president steps down
Patriot Coal Corp. said late Tuesday that Paul Vining stepped down as president and chief operating officer, effective immediately.
To help with the transition, Vining has agreed to continue in a senior advisory role at Patriot for a period which could extend through the end of this year.
Chief Executive Officer Richard Whiting has assumed the role of president and will continue as CEO.
The company named Charles Ebetino Jr. senior vice president and COO. He has served as Patriot's senior vice president for corporate development since its 2007 spin-off.
Patriot's senior management team will be changed as follows:
- Mark Schroeder will continue as senior vice president and chief financial officer, but take on additional responsibilities for corporate development activities
- Robert Bennett will continue as senior vice president and chief marketing officer, now reporting directly to Whiting
- Joseph Bean will continue as senior vice president for law and administration, general counsel and corporate secretary
Creve Coeur-based Patriot Coal Corp high risk personal loans. (NYSE: PCX) is the third-largest producer and marketer of coal in the eastern United States and reported $2.04 billion in 2009 revenue. It has 14 current mining complexes in Appalachia and the Illinois Basin.
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