Illinois coal producer Foresight Energy LP (NYSE: FELP) announced Jan. 4 the appointment of veteran coal marketer Paul H. Vining as a new member of the Board of Directors of its general partner.
Vining is currently the CEO of Cline Group LLC, as well as President of Foresight Reserves LP and CEO of Cutlass Collieries LLC, the international development arm of the Cline Group. Cline Group and Foresight Energy were both founded by coal operator Chris Cline.
With over 35 years of experience in the coal business, Vining’s prior experience includes President of Alpha Natural Resources, CEO of Illinois coal producer White Oak Resources LLC, President and Chief Operating Officer of Patriot Coal, Chief Executive Officer of Magnum Coal, the top executive sales and trading positions for both Arch Coal and Peabody Energy, and key sales and commercial roles at AGIPCOAL USA, Island Creek Coal and A. T. Massey Coal.
Concurrently, John F. Dickenson has elected to resign from the Foresight board for personal reasons. “We have appreciated John’s contribution to our Board and wish him well in the future and are pleased to have Paul join our Board of Directors,” said Chris Cline, Foresight’s Chairman of the Board. “Paul brings to our board extensive experience in the coal industry. I look forward to working with him in the years to come.”
Foresight Energy LP is a leading producer and marketer of thermal coal controlling over 3 billion tons of coal reserves in the Illinois Basin. Foresight currently operates four mining complexes (Williamson, Sugar Camp, Hillsboro and Macoupin), with four longwall systems and the Sitran river terminal on the Ohio River.