Arch Coal SVP Warnecke Announces Plan to Retire in 2014
"Dave has made an invaluable contribution to Arch's growth and success over the years," said
Warnecke has led Arch's marketing and trading function and served as a member of the corporation's senior officer team since 2005. In his new role, he will continue to report to
"With his decades of experience and great depth of knowledge in transportation and logistics, Dave is uniquely equipped to lead our ongoing supply chain initiative," said Lang. "We greatly appreciate his dedication to Arch and to this important project, as well as his strong commitment to ensuring a smooth and orderly transition in the marketing function."
During his tenure with the company, Warnecke has also served as president of Arch Coal Sales; president of Arch Energy Resources; corporate vice president of marketing and trading; executive vice president of sales and trading for Arch Coal Sales; president of Arch Transportation; mine manager at Arch's former
Through the transition period,
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. For a description of some of the risks and uncertainties that may affect our future results, you should see the risk factors described from time to time in the reports we file with the