Brad Hanson to become President and Chief Executive Officer

The Board of Directors announced today that Bradley E. Hanson will become the President and Chief Executive officer of Signal Peak Energy effective January 1, 2014. Hanson will be succeeding John DeMichiei who is retiring after over 40 years of extensive mining operations experience.

 

“We will always be grateful to John for his steadfast leadership of Signal Peak since the mine was purchased in 2008. Without John’s expertise and dedication the mine would not have achieved the success it has,” said Managing Partner of the mine operations and Chairman and CEO of Boich Companies Wayne M.  Boich.

 

Brad Hanson has 36 years of mining experience and since August  of 2010 has been the Chief Operating Officer of Signal Peak. Mr. Hanson has held virtually every position you can in the mining business including operator, electrician, shift foreman, operations manager and mine manager.

 

“We are pleased that Brad Hanson will become the President and Chief Executive Officer of Signal Peak Energy”, said Mr. Boich. “His vast experience in the mining industry and his knowledge of Signal Peak make him the ideal person to become our leader,” Mr. Boich concluded.

 

Signal Peak Energy is a partnership between an entity owned by Wayne M. Boich, Ohio-based utility company FirstEnergy Ventures, and Pinesdale, LLC, a wholly-owned affiliate of Gunvor Group Ltd., one of the world’s leading commodity traders.

 

Signal Peak is Montana’s only underground coal mine, with 431 million tons of raw recoverable reserves. In 2012, Signal Peak Energy mined nearly six million clean tons of coal and anticipates growing that to between eight and nine million tons in 2013.

 

 

Signal Peak Mine plays an important role in the local economy. It currently employs more than 330 people.

 

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For more information please contact Mike Dawson at 614-204-4897.