Walter Energy (NYSE: WLT) has appointed current Board Member Joseph B. Leonard, prior Chairman and CEO of AirTran Holdings, as its interim CEO. Leonard also serves on the Board of Directors for Mueller Water Products, Inc.
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Mr. Leonard will succeed Victor P. Patrick, who announced his decision to retire on February 22, 2010. The effective transition date will take place on March 12, 2010 at the close of business.
Walter Energy is a leading U.S. producer and exporter of premium hard coking coal for the global steel industry and also produces steam coal and industrial coal, metallurgical coke and coal bed methane gas.
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