Arch Coal (NYSE: ACI) announced Jan. 7 that Charles Snavely has elected to retire as president of the company’s eastern U.S. operations, following a 35-year career in the coal industry.
“Charles has made a significant contribution to Arch since joining the company at the time of the ICG acquisition,” said Kenneth Cochran, Arch’s senior vice president of operations. “He has distinguished himself as a leader, colleague and friend, and we wish him well as he transitions into a new chapter in his life.”
Upon joining Arch in 2011, Snavely helped lead the company’s integration of International Coal Group. He will continue serving Arch in a consulting role on critical projects that fall outside the scope of the day-to-day operations through 2014.
Gary Bennett will succeed Snavely as president of eastern operations. Bennett will have responsibility for all aspects of Arch’s eastern subsidiary operations as well as the eastern engineering group.
“Gary has been a key member of Arch’s management team for many years, and is very well-prepared for this important role,” said Cochran. “He brings a proven track record in the areas of safety excellence, environmental stewardship, cost control, operations management, and continuous improvement, and we look forward to further progress in all these areas under Gary’s leadership.”
Bennett joined Arch as a senior engineer in 1990. During his 23-year tenure with Arch and 33 years in the coal industry, he has held various engineering and operating positions in West Virginia and St. Louis. He most recently served as vice president of operations support. Both Bennett and Snavely will report to Cochran.
St. Louis-based Arch Coal is one of the world’s top coal producers for the global steel and power generation industries, serving customers on five continents. Its network of mining complexes is the most diversified in the United States, spanning every major coal basin in the nation. In a major move, the company sold its Utah mines last year.