Cloud Peak Energy Announces Chief Operating Officer Transition
July 11 2018 - 4:15PM
Business Wire
Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal
producers and the only pure-play Powder River Basin coal company,
today announced that effective July 11, 2018, Bruce Jones,
currently Cloud Peak Energy’s Senior Vice President, Technical
Services, was promoted to Executive Vice President and Chief
Operating Officer. Mr. Jones has served as Cloud Peak Energy’s
Senior Vice President, Technical Services since July 2013. Prior to
his appointment as Senior Vice President, Mr. Jones was General
Manager of Cloud Peak Energy’s Spring Creek Mine from March 2007 to
July 2013. In his new role, Mr. Jones will continue to handle the
responsibilities of the Technical Services position.
President and Chief Executive Officer Colin Marshall said,
“Bruce is a proven leader and valuable member of the senior
management team. We look forward to his continued contributions in
his new role.”
Colin Marshall served as Cloud Peak Energy’s Chief Operating
Officer on an interim basis since January 18, 2018, in addition to
his position as President and Chief Executive Officer. After the
appointment of Mr. Jones as Chief Operating Officer, Mr. Marshall
remains in the position of President and Chief Executive
Officer.
About Cloud Peak Energy®
Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming
and is one of the largest U.S. coal producers and the only
pure-play Powder River Basin coal company. As one of the safest
coal producers in the nation, Cloud Peak Energy mines low sulfur,
subbituminous coal and provides logistics supply services. The
Company owns and operates three surface coal mines in the PRB, the
lowest cost major coal producing region in the nation. The Antelope
and Cordero Rojo mines are located in Wyoming and the Spring Creek
Mine is located in Montana. In 2017, Cloud Peak Energy sold
approximately 58 million tons from its three mines to customers
located throughout the U.S. and around the world. Cloud Peak Energy
also owns rights to substantial undeveloped coal and complementary
surface assets in the Northern PRB, further building the Company’s
long-term position to serve Asian export and domestic customers.
With approximately 1,300 total employees, the Company is widely
recognized for its exemplary performance in its safety and
environmental programs. Cloud Peak Energy is a sustainable fuel
supplier for approximately two percent of the nation’s
electricity.
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