Wayne Michael Boich is the chairman and chief executive officer of Boich Companies. As CEO, Mr. Boich develops and drives the company’s vision and long-term strategic planning.
Mr. Boich joined the company in 1999 and has worked in all functions of the company over an eighteen-year span. During this time, he helped manage the acquisition of mining operations in West Virginia and Kentucky. Mr. Boich grew these operations till 2005, at which time they were sold to a private equity group. Mr. Boich was named Chairman and CEO in 2005.
Under his leadership, Boich Companies has enjoyed a remarkable period of growth and diversification in the last twelve years.
Mr. Boich expanded his coal assets in 2008 when he partnered with FirstEnergy Corporation to acquire the assets of Signal Peak Mine in Montana. Signal Peak is Montana’s only underground coal mine and is one of the world’s top producing longwall operations. Under Mr. Boich’s active management, Signal Peak has developed into a lead international coal company. In 2011, Mr. Boich spearheaded the sale of one-third of the operations to an international trading group for $400 million valuing the company at $1.5 billion inclusive of debt.
With an eye to the future, Mr. Boich has significantly diversified Boich Companies over the last decade. Most notably, Mr. Boich developed a robust real-estate portfolio throughout the United States with actively managed assets in Florida and Texas. Mr. Boich is also an investor in a wide range of businesses from emerging energy services, specialty financing firms, and culinary services.
Mr. Boich graduated cum laude with a bachelor’s degree in business administration from the University of Miami in 1999.
Mr. Boich and his wife Cynthia live in Miami Beach, FL, with their two children.