Patriot Coal Names Chief Accounting Officer

By St. Louis Business Journal

Patriot Coal Corp. said today it promoted Vice President and Controller Christopher Knibb to vice president, controller and chief accounting officer.

Knibb succeeds Mark Schroeder, senior vice president and chief financial officer, as CAO. Knibb will continue to report to Schroeder.

Before joining Patriot (NYSE: PCX) in 2007 when it was spun off from Peabody Energy, Knibb served as vice president of finance for American Power Conversion and vice president and Corporate Controller for Savvis.

For the third quarter ended Sept. 30, Patriot reported a loss of $49.5 million on total revenue of $589.4 million, compared with a loss of $46 million on revenue of $500.7 million in the same quarter a year ago.

St. Louis-based Patriot Coal, one of the largest public companies in St. Louis, has 14 mines in Appalachia and the Illinois Basin. Richard Whiting is the companyâ¿¿s president and chief executive.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/stlouis/news/2011/10/24/patriot-coal-names-chief-accounting.html?ana=thestreet

Copyright bizjournals.com 2010

More from Commodities

Goldman Is Bullish on Oil, Sees Demand Outweighing Inventory Concern

Goldman Is Bullish on Oil, Sees Demand Outweighing Inventory Concern

Market Bears Have Devoured Gold Prices

Market Bears Have Devoured Gold Prices

Chevron Falls With Crude After Mizuho Analyst Touts Its Mega-Assets

Chevron Falls With Crude After Mizuho Analyst Touts Its Mega-Assets

Oil Falls as J.P. Morgan Cuts Price Forecast, Producers Ramp Up Drilling

Oil Falls as J.P. Morgan Cuts Price Forecast, Producers Ramp Up Drilling

Gold to Skyrocket as Italian Rebellion Unfolds

Gold to Skyrocket as Italian Rebellion Unfolds