Business Services Industry

Foundation Coal Announces Key Staff Appointment in Center of Excellence

Business Wire, Jan 4, 2008

LINTHICUM HEIGHTS, Md. -- Foundation Coal Holdings, Inc. (NYSE:FCL) today announced that Gary M. Buchan has joined the company in the position of Vice President, Business Process Support. In his new role, Mr. Buchan will coordinate efforts across the organization to integrate business process activities with information systems. He will work in Foundation's Center of Excellence which was established in 2007 in conjunction with Foundation's move to new, state-of-the-art enterprise systems. Reporting to Buchan will be business process experts representing the functional areas of sales, production planning, maintenance, human resources, finance and materials management.

Mr. Buchan was employed at Peabody Energy for the past 18 months as Director, Process Improvement for underground operations. Prior to 2006, he was employed at Foundation Coal and its predecessor companies for 20 years, holding positions which included Director, Business Development and Manager, Technical Services for Twentymile Coal Company. He serves as the 2008 Chair of the Coal & Energy Division for the Society of Mining Engineers (SME) and maintains a professional engineering license in the states of Colorado and Maryland.

Jim Olsen, Senior Vice President and Chief Information Officer said, "We are very pleased to have Gary back at Foundation Coal. He has many valuable years of experience at mine operations and in the area of continuous improvement. He is thoroughly prepared to lead the optimization efforts that will occur in conjunction with our new enterprise-wide systems."

About Foundation Coal

Foundation Coal Holdings, Inc., through its affiliates is a major U.S. coal producer with 13 coal mines and related facilities in Pennsylvania, West Virginia, and Wyoming. Through its subsidiaries, Foundation Coal employs approximately 3,000 people and produces approximately 72 million tons annually, largely for utilities generating electricity. Foundation's corporate offices are in Linthicum Heights, Md.

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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