Published: March 6, 2020 |

[Click image to enlarge]

Paul Lang
[Click image to enlarge]

Arch Coal said that John Eaves will retire as Arch’s chief executive officer at the corporation’s annual meeting on April 30, 2020, and will assume the position of executive board chair. 

James Chapman, who has served as Arch’s board chair since the company completed its restructuring process in October 2016, will transition to lead independent director at that time. Paul Lang, Arch’s president and chief operating officer, will succeed Eaves as chief executive officer and is joining the board.

“Today’s announcement represents the culmination of a long-scheduled and carefully planned succession process,” said James Chapman. 

“Through his vision and leadership, John has built a tremendous platform for long-term value creation and growth, spearheading Arch’s transformation into a premier U.S. producer of metallurgical products for the global steel industry. The board is delighted that he has agreed to accept the new executive chair role, where he can continue to use his great strategic abilities and vast market knowledge to help lead the company forward,” added Chapman.

“It has been an honor to serve as Arch’s chief executive officer over the course of the past eight years,” said John Eaves.

“While I’m ready to pass the baton as CEO, I’m excited about the opportunity to continue to work with the board and the management team in this new capacity. At the same time, I am highly confident that Paul is the ideal person to succeed me as CEO. Paul has been an instrumental and driving force at Arch for many years, and brings to the CEO role tremendous experience and expertise in all aspects of our business. I know he will lead Arch to even greater success in the years ahead,” added Eaves.

“I am humbled that the board has chosen me as Arch’s next CEO, and I look forward to building on the strong foundation that John has established,” said Paul Lang.

“I share John’s conviction that Arch’s long-term success will depend upon our ability to drive operational excellence throughout the organization while maintaining our steadfast commitment to industry-leading mine safety and environmental stewardship practices. Moreover, I am confident that Arch is on the right strategic course, and I’m excited about working with the entire Arch team to deliver exceptional results for our owners and other key stakeholders going forward,” added Lang.

John Eaves has served as Arch’s chief executive officer since 2012 and as a member of Arch’s board of directors since 2006. During his tenure with the company, he has also held the positions of president and chief operating officer; senior vice president of marketing; and president of Arch Coal Sales, the corporation’s marketing subsidiary. He joined the corporation in 1987.  He earned a Bachelor of Science degree from the University of Kentucky and an Advanced Management Degree from Harvard Business School, and is past chair of the National Coal Council and past vice chair of the National Mining Association. In addition to his duties at Arch, Eaves currently serves on the board of CF Industries Holdings, a global leader in the manufacturing and distribution of nitrogen products.

James Chapman has served as Arch’s board chair since 2016, and serves as a board member of Hexion, Neenah Enterprises, Eco-Bat Technologies, and American Media. He has also served on the boards of AerCap Holdings NV, Tower International and Tembec during the past five years.

Paul Lang has served as Arch’s president and chief operating officer since 2015. In this capacity, Lang is responsible for the corporation’s mining portfolio and its marketing and logistics functions. Lang joined Arch in 1984 and – prior to his current role – served as Arch’s executive vice president and chief operating officer. He previously held a variety of engineering and operating positions at both the company’s eastern and western operations, and served on Arch’s board of directors from 2014 through 2016. Lang is a member of the board of Knight Hawk Coal Company and the National Mining Association, and served on the board of Advanced Emissions Solutions from 2013 through 2017. He earned a Bachelor of Science degree from Missouri University of Science and Technology (Rolla) in mining engineering, is a graduate of Harvard Business School’s Advanced Management Program, and was awarded an honorary professional mining engineering degree from Missouri University of Science and Technology. He is past chair of the University of Wyoming’s School of Energy Resources Council and a past member of the Wyoming Healthcare Commission. 

About Arch Coal
U.S.-based Arch Coal, Inc. is a top coal producer for the global steel and power generation industries.  Arch operates a streamlined portfolio of large-scale, low-cost mining complexes that produce high-quality metallurgical coals in Appalachia and low-emitting thermal coals in the Powder River Basin and other strategic supply regions.

To stop by Arch Coal’s website, CLICK HERE

Be in-the-know when you’re on-the-go!

CLICK HERE to register your email address.

Copyright © 2020 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.

For licensing permission, .(JavaScript must be enabled to view this email address)