SunCoke Energy, Inc. (NYSE: SXC) and SunCoke Energy Partners, L.P.
(NYSE: SXCP) today announced leadership changes designed to streamline
management and drive greater effectiveness across the organization.
Michael J. Thomson, President and Chief Operating Officer, is leaving
the Company and stepping down from the SunCoke Energy Partners, L.P.
Board of Directors to pursue other interests. As a result, SunCoke will
flatten its organization and expand the roles of key members of the
Company’s existing leadership team, with Chief Executive Officer Fritz
Henderson, Senior Vice President Mike Hardesty, and Chief Financial
Officer Fay West all assuming additional responsibilities. In addition,
Mike Hardesty has been appointed to the Board of Directors of SunCoke
Energy Partners, L.P.
Barry Elswick, Vice President, Coke Operations, is also leaving the
Company to pursue other interests. Mike Hardesty will assume
responsibility for the international coke business and Dovie Majors,
Director of Performance Improvement and interim General Manager at
Indiana Harbor, is being promoted to the role of Vice President,
Domestic Coke Operations.
“We have a strong team at SunCoke that remains focused on driving
operations excellence and is ready to embrace these important new
roles,” said Fritz Henderson, Chairman, President and Chief Executive
Officer. “I want to thank Mike Thomson and Barry Elswick for their many
contributions to SunCoke.”
SUNCOKE ENERGY, INC.
SunCoke Energy, Inc. (NYSE: SXC) supplies high-quality coke to the
integrated steel industry under long-term, take-or-pay coke contracts
that pass through commodity and certain operating costs to customers. We
utilize an innovative heat-recovery cokemaking technology that captures
excess heat for steam or electrical power generation. We are the sponsor
of SunCoke Energy Partners, L.P. (NYSE: SXCP), a publicly traded master
limited partnership, holding a 2 percent general partner interest,
53 percent limited partnership interest and all of the incentive
distribution rights. Our cokemaking facilities are located in Illinois,
Indiana, Ohio, Virginia, Brazil and India. In addition, we own
approximately 110 million tons of proven and probable coal reserves in
Virginia and West Virginia. To learn more about SunCoke Energy, Inc.,
visit our website at www.suncoke.com.
ABOUT SUNCOKE ENERGY PARTNERS, L.P.
SunCoke Energy Partners, L.P. (NYSE: SXCP) is a publicly traded master
limited partnership that manufactures high-quality coke used in the
blast furnace production of steel and provides export and domestic coal
handling services to the coke, coal, steel and power industries. In our
cokemaking business, we utilize an innovative heat-recovery technology
that captures excess heat for steam or electrical power generation and
have long-term, take-or-pay coke contracts that pass through commodity
and certain operating costs. Our coal handling terminals have the
collective capacity to blend and transload more than 45 million tons of
coal each year and are strategically located to reach Gulf Coast, East
Coast, Great Lakes and international ports. SXCP’s General Partner is a
wholly owned subsidiary of SunCoke Energy, Inc. (NYSE: SXC), which has
more than 50 years of cokemaking experience serving the integrated steel
industry. To learn more about SunCoke Energy Partners, L.P., visit our
website at www.sxcpartners.com.
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Copyright Business Wire 2015
Source: Business Wire
(September 21, 2015 - 8:30 AM EDT)
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