ST. LOUIS, Dec. 16, 2010 /PRNewswire-FirstCall/ -- Patriot Coal Corporation announced today that Irl F. Engelhardt's role as Executive Advisor will end as planned on December 31. Mr. Engelhardt will continue in his role as Chairman of the Board of Directors, a position he has held since Patriot became a publicly-held company in 2007.
"It has been a pleasure to work closely with Patriot's senior management team over the past three years, as they led the Company through the spin-off, expanded the Company's footprint through a significant acquisition, and made strategic decisions in the face of the recession. With their leadership and both the coal markets and economy improving, it is an appropriate time for me to step away from the advisory role," stated Engelhardt. "I look forward to continuing to work with Patriot as Chairman of the Board."
"Irl's counsel and industry vision have been invaluable to our management team as we set out with this new Company. In his future role as non-executive Chairman, Irl will continue to provide sound direction as Patriot matures," stated Patriot President & Chief Executive Officer Richard M. Whiting. "I would like to sincerely thank Irl for his ongoing commitment to Patriot and our people."
About Patriot Coal
Patriot Coal Corporation is a leading producer and marketer of coal in the eastern United States, with 14 current mining complexes in Appalachia and the Illinois Basin. The Company ships to domestic and international electricity generators, industrial users and metallurgical coal customers, and controls approximately 1.8 billion tons of proven and probable coal reserves. The Company's common stock trades on the New York Stock Exchange under the symbol PCX.
SOURCE Patriot Coal Corporation