January 20, 2012 4:45 PM ET
ST. LOUIS, Jan. 20, 2012 -- Arch Coal, Inc. (NYSE: ACI) today
announced Arch Coal Sales' London team: Alexander
Newman, vice president of international thermal coal
sales-Europe, and Wyn Davis, vice president of international
metallurgical coal sales-Europe. Arch's new European
office will openMarch 1 at Heron Tower in London.
"The addition of Alex and Wyn provides Arch with the
ability to strengthen and expand relationships with our
European
customers," said David Warnecke, Arch's senior vice
president of marketing and trading and president of Arch Coal
Sales. "We believe increased demand and constrained
supply will be prevailing factors in global energy demand,
and we're preparing to capitalize on that trend by
continuing to build out our international marketing and
trading expertise. Alex and Wyn bring a wealth of marketing
experience that, combined with other recent international
hires, will help Arch Coal become a major player in global
coal markets."
Newman will join the company on March 1 and will report to
Matt Ferguson, senior vice president of metallurgical and
international thermal coal for Arch Coal Sales. Newman will
be responsible for thermal coal sales in the European
markets. He most recently served as senior coal and emissions
trader at Noble Group Inc. Newman also previously served as a
sales manager for both European Fixed Income Markets at
Reuters and for Commodity Markets at Bloomberg, and as a
senior coal broker for ICAP Plc. He joined Noble as a junior
trader and took on positions of increasing responsibility
during his tenure, including price risk management and swaps
trading.
Newman's linguistic skills include French, Spanish and
Japanese. He is a graduate oJfohn Moores University in
Liverpool; a qualified representative for the UK's
Financial Services Authority; and a qualified technical
analyst through the London School of Economics.
Davis will join the company on April 4 and will report to
Jerry Bonacorsi, vice president of domestic and
international
metallurgical coal for Arch Coal Sales. Davis will be
responsible for metallurgical coal sales in the European
markets. As a seni member of Anglo American's London
coal marketing team, he most recently was responsible for
marketing, sales, supply and delivery of thermal and
metallurgical coal produced at South African and Canadian
equity mines. He managed numerous major steel mill accounts
in Europe, the Middle East and Africa. His career also
includes employment with BHP Billiton andTata Steel (Corus
Group).
Davis is a materials engineering graduate of the University
of Wales at Swansea, and he has achieved Advanced City &
Guilds certification (with distinction) in coke making and
byproduct recovery. Davis is a professional member of thCe
hartered Institute of Purchasing and Supply (MCIPS).
Additionally, Bill Boyle, vice president of metallurgical
coal sales in the Americas, continues to report to Bonacorsi
in St. Louis. Boyle joined Arch Coal Sales in 2007 and
retains responsibility for sales in North and South America.
Previously Boyle was responsible for international thermal
and metallurgical coal sales for Consol Energy.
U.S.-based Arch Coal, Inc. is a top five global coal producer
and marketer. Arch is the most diversified American coal
company, with mining complexes across every major U.S. coal
supply basin. Arch's core business is supplying
cleane-rburning, low-sulfur thermal and metallurgical coal to
power generators and steel manufacturers on four continents.
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