Foundation Coal Holdings, Inc. (FCL) announced that it has promoted Kurt Kost as President and Chief Operating Officer. Previously Kost served as Executive Vice President since June 2007 with specific responsibility for materials management, general equipment management, process improvement, business development, and oversight of the Planning and Engineering Group.
The company also reported that Greg Walker would assume responsibility for non-coal assets, including land management and development of Foundation Coal's gas reserves. Foundation has appointed James Olsen as Senior Vice President and Chief Information Officer.
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