ST. LOUIS, Dec. 11, 2014 /PRNewswire/ -- Arch Coal,
Inc. (NYSE:ACI) today announced that James
E. Florczak, Arch's treasurer, will retire at the end of
January after a 16-year career with Arch Coal. He will be
succeeded by Matthew C. Giljum, who
will become vice president, finance and treasurer at that
time.
"We greatly appreciate Jim's many contributions to Arch's growth
and success over the years," said John T.
Drexler, Arch's senior vice president and chief financial
officer. "He has been a valuable asset to the company and we
will miss his leadership and counsel. We wish Jim the very
best in his well-earned retirement."
Florczak has served as Arch's treasurer since joining the
company in 1998. Prior to joining Arch, he was a managing
director of commercial lending at Bank of America.
"Matt Giljum has been a key
player on the finance team for many years, showing true leadership
at every step in his career progression," Drexler said. "Matt
is exceptionally well-equipped to take on these new duties and I
look forward to working closely with him in his expanded
capacity."
Giljum first joined Arch in 2002 as manager of financial
reporting. Since that time, he has served as senior manager
of financial reporting; director of finance; and most recently as
vice president of finance. He started his career at Ernst
& Young LLP.
Giljum graduated from the University of
Missouri in 1993 with a degree in accounting and is a
Certified Public Accountant. He earned his masters' of
business administration from Washington
University in St. Louis in
2004.
U.S.-based Arch Coal, Inc. is one of the world's top coal
producers for the global steel and power generation industries,
serving customers on five continents. Its network of mining
complexes is the most diversified in the
United States, spanning every major coal basin in the
nation. The company controls more than 5 billion tons of
high-quality metallurgical and thermal coal reserves, with access
to all major railroads, inland waterways and a growing number of
seaborne trade channels. For more information, visit
www.archcoal.com.
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SOURCE Arch Coal, Inc.