SEATTLE, Dec. 30, 2011 /PRNewswire/ -- L & L Energy, Inc. (Nasdaq: LLEN) ("L&L" or the "Company"), a U.S.-based company since 1995 with coal mining and distribution businesses in southwest China, announced today Edmund Moy, current Vice President of Corporate Infrastructure and former 38th Director of the United States Mint, was nominated and unanimously elected to the Company's Board of Directors. He will serve concurrently as VP of Corporate Infrastructure and a non-independent Board Member. Mr. Moy will replace Robert Lee on L&L's Board of Directors, who is vacating his position for personal reasons.
"I am excited to be appointed to L&L's Board of Directors. Since joining the Company in January, I have been focused on growing and improving L&L's operations and bringing more transparency to our Company. This appointment to the Company's Board of Directors gives me another platform to do so. I am very much looking forward to it," stated L&L Vice President and Director Edmund Moy.
Mr. Moy is an executive with extensive high-level experience in both public and private sectors. Prior to LLEN, he served as the 38th Director of the United States Mint at the U.S. Department of the Treasury from September 2006 through January 2011. He had full P&L responsibility for the world's largest manufacturer of coins and medals, increasing revenues to over $4 billion. From 2001-2006, he served in the White House as a Special Assistant to the President of the United States and helped recruit the nation's best and brightest to serve in senior-level appointments. He was a private equity consultant with clients including Welsh, Carson, Anderson & Stowe and was a sales and marketing executive with Blue Cross Blue Shield. Mr. Moy earned a B.A. from the University of Wisconsin with a triple major in economics, international relations, and political science. He has served as a director of several for-profit companies and charitable, religious, and fraternal organizations and has an endorsement contract with Morgan Gold.
Secretary Norman Mineta, L&L Vice Chairman, Chairman of the Nominations Committee commented, "I've known Ed for a long time and respect him for his integrity and professionalism. Since joining L&L in January, Ed has proven himself to be an indispensable leader in our organization. I am very pleased that he has accepted his new role. His daily knowledge of the day to day operations and wide breadth of experience will be a valuable addition to our Board."
Secretary Mineta also commented, "On behalf of the L&L, I would also like to thank Robert Lee for his service on the Company's Board of Directors. He has been a long devoted Director and will continue to assist L&L on a project basis. We wish him all the best as he takes more time to pursue other things in his retirement."
Contacts:
L&L Energy, Inc.
(206) 264-8065
[email protected]
SOURCE L & L Energy, Inc.
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