Cloud Peak Energy Inc. Announces New Independent Director Jeane Hull
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal
producers and the only pure-play Powder River Basin (“PRB”) coal
company, today announced that, effective July 5, 2016, Ms. Jeane L. Hull
has been elected to the Cloud Peak Energy Board of Directors as a new
independent director and will also serve as a member of the Audit
Committee, the Compensation Committee and the Health, Safety,
Environment and Communities Committee of the Board.
Hull retired from Peabody Energy Corporation in August 2015 where she
served as Peabody’s Executive Vice President and Chief Technical
Officer, with responsibility for global strategy and governance for
health, safety and environment, supply chain, engineering, applied
technologies and asset management functions.
Hull joined Peabody in 2007 as the Senior Vice President of Engineering
and Technical Services and managed the global delivery of engineering,
environmental, geology and design and construction services. She also
served as Peabody’s Group Executive, Powder River Basin from 2008 to
2011 and assumed additional responsibility for Southwest Operations in
2010. Prior to joining Peabody, Hull served as Chief Operating Officer
of Kennecott Utah Copper, a Rio Tinto company, from 2005 to 2007. She
held numerous management, engineering and operations positions with Rio
Tinto and its affiliates from 1994 to 2007, and spent 12 years with
Mobil Mining and Minerals and Mobil Chemical Company from 1982 to 1994.
A registered professional engineer, Hull holds a Bachelor of Science
degree in civil engineering from South Dakota School of Mines and
Technology and an M.B.A. from Nova University in Florida.
William Fox, Chairman of the Board of Cloud Peak Energy, said, “We are
excited to have Jeane join our Board. Jeane has a strong background in
the coal industry, and brings additional senior executive and
operational leadership and substantial engineering and environmental and
regulatory affairs experience to the Board. We look forward to her
valuable insights and contributions to our company.”
About Cloud Peak Energy®
Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming and is one
of the largest U.S. coal producers and the only pure-play Powder River
Basin coal company. As one of the safest coal producers in the nation,
Cloud Peak Energy mines low sulfur, subbituminous coal and provides
logistics supply services. The Company owns and operates three surface
coal mines in the PRB, the lowest cost major coal producing region in
the nation. The Antelope and Cordero Rojo mines are located in Wyoming
and the Spring Creek Mine is located in Montana. In 2015, Cloud Peak
Energy shipped approximately 75 million tons from its three mines to
customers located throughout the U.S. and around the world. Cloud Peak
Energy also owns rights to substantial undeveloped coal and
complimentary surface assets in the Northern PRB, further building the
Company’s long-term position to serve Asian export and domestic
customers. With approximately 1,400 total employees, the Company is
widely recognized for its exemplary performance in its safety and
environmental programs. Cloud Peak Energy is a sustainable fuel supplier
for approximately three percent of the nation’s electricity.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160706006197/en/
Copyright Business Wire 2016
Source: Business Wire
(July 6, 2016 - 4:15 PM EDT)
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