MARKETS

Mills tapped as Consol board member

JOHN Mills has been selected as the newest member of coal giant Consol Energy’s board of directors, the company announced Monday.

Donna Schmidt

Mills, an Ohio native, also serves as chairman of the board for Horizon Offshore.

A large percentage of Mills’ professional experience has been within the divisions of Marathon Oil, where he has held the positions of senior vice-president of finance and administration and chief financial officer. When Marathon was known as USX, he served as the organisation’s tax and energy director and vice-president of taxes.

A graduate of Ohio University, Mills began his career at Coopers and Lybrand, now known as PricewaterhouseCoopers. He also earned an Ohio State University law degree, is involved with the Financial Executives Institute and is a member of the Ohio Bar Association. He retired from Marathon in 2003 and currently lives in Houston, Texas.

Consol president J Brett Harvey said the company is very happy with its decision. “We are very pleased that John Mills has agreed to join our board. His tax and legal expertise, along with his knowledge and experience in coal mining, coalbed methane gas and other energy issues, should allow him to make an immediate impact.”

The company owns 17 operations, primarily in northern and central Appalachia, nearly all of which are underground facilities. It is also part of the high profile FutureGen initiative with several other electric and coal industry leaders to develop the world’s cleanest coal-fuelled power plant, a project tentatively scheduled to begin operations in 2012.

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