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Massey Says CEO Don Blankenship to Retire on Dec. 31
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Massey Energy Co. Chief Executive Officer Don Blankenship will retire as of Dec. 31, the company said in an e-mailed statement. Massey President Baxter F. Phillips Jr. will succeed him as CEO, the company said.
Blankenship, 60, has worked at Massey for 28 years and served as chairman and chief executive since Nov. 30, 2000, the Richmond, Virginia-based company said. Admiral Bobby Inman, 79, lead independent director on the Massey board, will become non-executive chairman.