Published:
K. Susan Billiot Joins Patriot Coal as Senior Vice President of Human Resources
ST. LOUIS, July 2 /PRNewswire-FirstCall/ -- Patriot Coal Corporation
(NYSE: PCX) today announced that K. Susan Billiot has been named Senior Vice
President of Human Resources, effective July 15. In this role, she will be
responsible for all human resource functions, including employee relations,
compensation, benefits and organizational development.
Ms. Billiot has 15 years of experience leading human resources functions
in publicly-traded organizations. Most recently, she served as Vice President
of Human Resources for SYSCO Corporation. She previously held leadership
roles in human resources at Darden Restaurants and Continental Airlines.
"Susan brings to Patriot important experience in employee relations and
retention, recruitment, compensation and recognition programs. Following the
completion of our pending acquisition of Magnum Coal, these skills will be
invaluable as we prepare to integrate our workforces. Particularly with the
tight labor market in the regions in which we operate, employee retention and
being the employer of choice are key to successfully managing our business,"
said Patriot Chief Executive Officer Richard M. Whiting.
Billiot holds a Master of Science degree in Human Resources and a Bachelor
of Science degree in Business Administration from the University of South
Carolina.
About Patriot Coal
Patriot Coal Corporation (the "Company") is a leading producer and
marketer of coal in the easternUnited States, with ten Company-operated mines
and numerous contractor-operated mines in Appalachia and theIllinois Basin.
The Company ships to electric utilities, industrial users and metallurgical
coal customers, and controls approximately 1.3 billion tons of proven and
probable coal reserves. The Company's common stock trades on the New York
Stock Exchange under the symbol PCX.
Important Information for Stockholders
The Company has filed Amendment No. 2 to its Registration Statement on
Form S-4 (the "Registration Statement") with the Securities and Exchange
Commission (the "SEC") in connection with the proposed issuance of Company
common stock in the transaction with Magnum Coal Company ("Magnum") that
includes a definitive proxy statement/prospectus. Investors and stockholders
are urged to read the definitive proxy statement/prospectus and any other
relevant documents filed with the SEC because they contain important
information about the proposed issuance. Investors and stockholders may
obtain these documents free of charge at the website maintained by the SEC at
http://www.sec.gov. In addition, documents filed with the SEC by the Company
are available free of charge by contacting investor relations by phone at
314-275-3680, in writing to Janine A. Orf, Director of Investor Relations, or
by email to jorf@patriotcoal.com.
This communication shall not constitute an offer to sell or the
solicitation of an offer to buy securities, nor shall there be any sale of
securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities laws
of such jurisdiction.
The Company, Magnum and certain of their respective directors, executive
officers and other members of management and employees may be deemed to be
participants in the solicitation of proxies from the stockholders of the
Company in connection with the proposed issuance. Information about the
Company's directors and executive officers is set forth in the Company's
Annual Report on Form 10-K for the year ended December 31, 2007 filed with the
SEC on March 14, 2008 and in the proxy statement for the Company's 2008 annual
meeting of stockholders filed by the Company with the SEC on April 7, 2008.
Additional information regarding the potential participants in the proxy
solicitation and information regarding the interests of such potential
participants is included in the definitive proxy statement/prospectus and the
other relevant documents filed with the SEC.
SOURCE Patriot Coal Corporation
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