Eaves Elected Senior Vice President, Marketing
St. Louis, Missouri – April 14, 2000 - Arch Coal, Inc. (NYSE:ACI) today announced the recent promotion of John W. Eaves to senior vice president of marketing for the corporation. Eaves will continue to act as president of Arch Coal Sales, Arch’s sales and marketing subsidiary.
"This promotion reflects John’s impact on shaping the marketing philosophies the company will be implementing in the future," said Steven F. Leer, Arch Coal’s president and chief executive officer. "One of our top priorities as an organization is to become a more disciplined producer capable of reacting quickly to changes in market conditions. I am confident that John can provide the leadership necessary to help Arch Coal achieve this goal."
Eaves is responsible for Arch Coal’s sales, marketing and coal transportation efforts in the United States and abroad. Last year, Arch Coal sold more than 110 million tons of coal, generating revenues of over $1.5 billion.
Eaves had held the position of vice president of marketing for Arch Coal since the company was formed on July 1, 1997. Prior to that time, he served as president of the marketing subsidiary of Arch Mineral Corporation, one of Arch Coal’s predecessor companies. He has also held various positions in sales and administration with Diamond Shamrock Company and Natomas Coal Company.
A native of Greenville, Kentucky, Eaves earned a B.B.A. from the University of Kentucky and is a graduate of the Executive Management Program at Wharton Business School. He resides in St. Louis with his wife, Jennifer, and two children, Van and Laura.
Arch Coal is the nation’s second largest coal producer, with subsidiary operations in West Virginia, Kentucky, Virginia, Wyoming, Colorado and Utah. Through these operations, Arch Coal provides the fuel for approximately 6% of the electricity generated in the United States.