LISLE, Ill.--(BUSINESS WIRE)--
SunCoke Energy, Inc. (NYSE: SXC) today announced that Andrew D. Africk
and Robert A. Peiser have been appointed to the Company’s board of
directors, effective March 7, 2016. Mangrove Partners, a Company
stockholder, recommended that Africk join the Board and Kingstown
Capital Management, a Company stockholder, recommended that Peiser join
the Board. Africk will serve on the Governance Committee of the board
and Peiser will serve on the Compensation Committee. Africk and Peiser
will serve in the class of directors who will be standing for election
at the Company’s Annual Meeting of Stockholders on May 5, 2016 (the
“2016 Class”). The 2016 Class also includes John W. Rowe, the Company’s
Lead Director.
“Bob and Andy bring a wealth of operational and financial expertise to
SunCoke, which will augment an already deeply talented board,” said
Fritz Henderson, Chairman, President and Chief Executive Officer of
SunCoke Energy, Inc. “We look forward to their many contributions to the
direction and growth of our company in the years to come.”
Andrew D. Africk, 49, has over 20 years of corporate management
and director experience. Africk founded Searay Capital LLC, a private
investment company, in 2013. He previously spent 21 years at Apollo
Global Management LLC, an alternative asset management firm, including
as a senior partner responsible for Apollo's investments in technology
and communications such as Apollo’s purchases of Intelsat Ltd. (a global
provider of commercial satellite services) and Hughes Communications,
Inc. (a leading provider of satellite technology). Africk is currently a
director of Alliqua Biomedical Inc. [Nasdaq: ALQA] and STR Holdings,
Inc. [STRI: OTC US]. Africk has a Juris Doctor degree, magna cum laude,
from the University of Pennsylvania Law School, and holds an MBA from
The Wharton School of Business at the University of Pennsylvania. In
addition, Africk holds a B.A. in Economics, summa cum laude, from
the University of California at Los Angeles.
Robert A. Peiser, 67, has over 20 years of senior-level
managerial and director experience across a variety of industries.
Peiser was Chairman and Chief Executive Officer of Omniflight
Helicopters, Inc. (an air medical services provider) from 2008 to May
2010. Prior to that, he served as President, Chief Executive Officer and
a director of Imperial Sugar Company [Nasdaq: IPSU] from 2002 to 2008.
Peiser currently is a director of Standard Register Company [NYSE: SR]
and USA Truck, Inc. [Nasdaq: USAK], and has previously served on
numerous other corporate boards including Primary Energy Recycling Corp.
[TSX: PRI], Team Industrial Services, Inc., Solutia, Inc. [NYSE: SOA]
and Signature Group Holdings, Inc. He is also the immediate past
Chairman of the Texas TriCities Chapter of the National Association of
Corporate Directors. Peiser holds an MBA in Finance and Management
Control from Harvard University, and a B.A. in Economics from the
University of Pennsylvania.
ABOUT SUNCOKE ENERGY, INC.
SunCoke Energy, Inc. (NYSE: SXC) supplies high-quality coke to the
integrated steel industry under long-term, take-or-pay contracts that
pass through commodity and certain operating costs to customers. We
utilize an innovative heat-recovery cokemaking technology that captures
excess heat for steam or electrical power generation. We are the sponsor
of SunCoke Energy Partners, L.P. (NYSE: SXCP), a publicly traded master
limited partnership, holding a 2 percent general partner interest, 54
percent limited partnership interest and all of the incentive
distribution rights. Our cokemaking facilities are located in Illinois,
Indiana, Ohio, Virginia, Brazil and India. To learn more about SunCoke
Energy, Inc., visit our website at www.suncoke.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160219005868/en/
SunCoke Energy, Inc.
Investors:
Kyle
Bland: 630-824-1907
Media:
Steve
Carlson: 630-824-1783
Source: SunCoke Energy, Inc.
