|Arch Coal Veteran Henry Besten to Retire|
"Henry has contributed greatly to
"We will miss Henry's strong leadership, his great business acumen and his excellent counsel," said
Besten joined one of Arch's predecessor companies in 1972 and has served in marketing, trading, technology, strategy, financial and administrative positions over his 40-year career. He has served as a member of Arch's senior officer team since the corporation's formation in 1997, and was a member of the leadership team at Ashland Coal from 1986 until its merger with Arch in 1997.
During his tenure, Besten also led Arch's highly successful integration efforts following the acquisitions of
Among many other notable achievements, Besten was a co-founder and the original president of the
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