Thursday, April 22, 2010
Massey Board Of Directors Supports Blankenship
WEST VIRGINIA....
Amid calls from industry regulators and shareholders for the resignation of Massey Energy's Chief Executive Don Blankenship, Lead Independent Director Admiral Bobby R. Inman announced Thursday the board has concluded that changing senior management now wouldn't be in the company's best interests, and Blankenship has the board's full support. There are currently eight members on the Massey Board Of Directors. The ninth, Lady Barbara Thomas Judge, resigned Monday, but her resignation was not linked to the Upper Big Branch Mine tragedy. The company holds its annual meeting May 18th, and three board members are up for re-election at that time.
Amid calls from industry regulators and shareholders for the resignation of Massey Energy's Chief Executive Don Blankenship, Lead Independent Director Admiral Bobby R. Inman announced Thursday the board has concluded that changing senior management now wouldn't be in the company's best interests, and Blankenship has the board's full support. There are currently eight members on the Massey Board Of Directors. The ninth, Lady Barbara Thomas Judge, resigned Monday, but her resignation was not linked to the Upper Big Branch Mine tragedy. The company holds its annual meeting May 18th, and three board members are up for re-election at that time.
# posted by Homer Owens @ 10:23 PM 
