Frank M. Burke Joins Board of Arch Coal, Inc.
St. Louis – September 7, 2000 - Frank M. Burke, 60, has been elected to the board of Arch Coal, Inc. (NYSE:ACI), the nation’s second largest coal producer.
"We are delighted that Mr. Burke has agreed to join our board," said Steven F. Leer, Arch Coal’s president and chief executive officer. "He has been involved in the energy industry for most of his career, and possesses a wealth of expertise in a wide range of disciplines. We are certain to benefit from his leadership and counsel."
Mr. Burke has served as chairman, chief executive officer and managing general partner of Burke, Mayborn Company, Ltd., a private investment and consulting company in Dallas, since 1984. Burke, Mayborn Company, Ltd., provides strategic and financial consulting to selected individuals and entities. From 1960 to 1984, Mr. Burke was associated with Peat, Marwick, Mitchell & Co. (now KPMG), and he served as a member of the Peat Marwick board of directors from 1978 to 1984. During the same period, Mr. Burke served as chairman, energy group for Peat Marwick International, and national director of energy and natural resources for the firm in the United States.
Mr. Burke currently serves on the boards of several public companies, including Kaneb Services, Inc., Kaneb Pipe Line Partners and MedicalControl, Inc. In addition, Mr. Burke serves on the boards of numerous private corporations.
A native of Tyler, Texas, Mr. Burke earned Bachelor of Business Administration (1960) and Master of Business Administration (1962) degrees from Texas Tech University, and a Juris Doctor (1965) degree from Southern Methodist University. He is a CPA and a member of the State Bar of Texas, and currently resides in Dallas, Texas.
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.