MARKETS

TECO taps Taylor

KENTUCKY-based operator TECO Coal has selected Clark Taylor as its new president, succeeding a retiring Jim Shackleford, who is stepping down April 1.

Donna Schmidt
TECO taps Taylor

Taylor, 61, is the company’s vice-president and controller, a seat he has held since 1992. He began his TECO career with Gatliff Coal as controller and assistant secretary in 1985.

Before joining TECO Coal, Taylor was area operations manager and financial analyst for Dun & Bradstreet, an accountant for a Kentucky public accounting firm, and general accounting manager for Shamrock Coal.

Shackleford, 63, was with the TECO Energy subsidiary for more than 27 years. As president, he was responsible for all operations including Gatliff Coal, Rich Mountain Coal, Clintwood Elkhorn Mining, Premier Elkhorn Coal, Pike Letcher Land and Perry County Coal.

“When Jim started with TECO Coal, we were selling 1 million tons of coal a year to Tampa Electric,” company executive John Ramil said.

“He’s helped grow the business to 9 million tons a year in sales, all to third-party international and domestic customers. There could not have been a steadier hand on the helm at the coal company.”

TECO Coal owns and operates complexes in Kentucky and Virginia and also has electric power generation and energy-related businesses in Guatemala.

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