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8-K - FORM 8-K - ARCH RESOURCES, INC. | c63316e8vk.htm |
Exhibit 99.1
News from Arch Coal, Inc. |
FOR FURTHER INFORMATION:
Media Kim Link314/994-2936
Media Kim Link314/994-2936
FOR IMMEDIATE RELEASE
Arch Coal Elects Former Wyoming Governor
Dave Freudenthal to Board of Directors
Dave Freudenthal to Board of Directors
ST. LOUIS (February 23, 2011) Arch Coal, Inc. (NYSE: ACI) today announced former
Wyoming Governor David D. Freudenthal, 60,has been elected to its board of directors effective
immediately. Freudenthal will serve on the boards audit and energy and environmental policy
committees.
We are extremely pleased that Gov. Freudenthal has agreed to join our board of directors,
said Steven F. Leer, Archs chairman and CEO. In addition to his obvious leadership skills and
public policy expertise, the Governor has great business acumen and a deep understanding of our
industry. He will be an excellent addition to our board, and I look forward to his advice and
counsel in the years ahead.
Governor Freudenthal has nearly 25 years of public service experience, most recently serving
two terms as the governor of Wyoming. Formerly, he served as the U.S. Attorney for Wyoming for
more than six years. During his tenure in private practice, Governor Freudenthal specialized in
providing strategic legal counsel in the areas of natural resources, environmental and business
law. He started his career as an economist in Wyomings Department of Economic Planning and
Development.
Governor Freudenthal received a bachelors degree in economics from Amherst College and a
juris doctor degree from the College of Law at the University of Wyoming.
Governor Freudenthal currently serves as a guest lecturer at the University of Wyoming. He
previously served as chairman of the Greater Cheyenne Chamber of Commerce and as a director of the
Wyoming Community Foundation Board. He also is the founding director of the Wyoming Student Loan
Corporation.
U.S.-based Arch Coal is one of the worlds largest and most efficient coal producers, with
more than 160 million tons of coal sales in 2010. Archs national network of mines supplies
cleaner-burning, low-sulfur coal to customers on four continents, including U.S and international
power producers and steel manufacturers. A full list of the Arch Coal board of directors and
their committee assignments is available in the corporate governance area of
http://investor.archcoal.com.
# # #
Forward-Looking Statements: This press release contains forward-looking statements
that is, statements related to future, not past, events. In this context, forward-looking
statements often address our expected future business and financial performance, and often contain
words such as expects, anticipates, intends, plans, believes, seeks, or will.
Forward-looking statements by their nature address matters that are, to different degrees,
uncertain. For us, particular uncertainties arise from changes in the demand for our coal by the
domestic electric generation industry; from legislation and regulations relating to the Clean Air
Act and other environmental initiatives; from operational, geological, permit, labor and
weather-related factors; from fluctuations in the amount of cash we generate from operations; from
future integration of acquired businesses; and from numerous other matters of national, regional
and global scale, including those of a political, economic, business, competitive or regulatory
nature. These uncertainties may cause our actual future results to be materially different than
those expressed in our forward-looking statements. We do not undertake to update our
forward-looking statements, whether as a result of new information, future events or otherwise,
except as may be required by law.