NACCO Industries, Inc. Announces Executive Changes
February 13, 2020 at 05:06 pm EST
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On February 11, 2020, David B.H. Williams resigned from the Board of Directors of NACCO Industries, Inc. Mr. Williams’ resignation was not the result of any dispute or disagreement with the Company or the Company’s Board of Directors on any matter relating to the operations, policies or practices of the Company. Effective February 13, 2020, Roger F. Rankin was appointed to the Board of Directors of the Company. Roger Rankin is self-employed (personal investments) and has served since 1991 as a Director of the Company’s wholly owned subsidiary, The North American Coal Corporation. Roger Rankin is the brother of Alfred M. Rankin, Jr., the Company’s non-executive Chairman. Roger Rankin is also the grandson of the founder of the Company and brings the perspective of a long-term stockholder to the Company’s Board of Directors. Roger Rankin’s long tenure as a Director of The North American Coal Corporation provides him with invaluable insight with respect to the Company’s operations.
NACCO Industries, Inc. is a holding company. It brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. The Companyâs segments include Coal Mining, North American Mining (NAMining) and Minerals Management. The Coal Mining segment operates surface coal mines for power generation companies. The NAMining segment is a mining partner for producers of aggregates, activated carbon, lithium and other industrial minerals. The Minerals Management segment, which includes the Catapult Mineral Partners (Catapult) business, acquires and promotes the development of mineral interests. Mitigation Resources of North America (Mitigation Resources) provides stream and wetland mitigation solutions. NAMining provides contract mining services for independently owned mines and quarries, creating value for its customers by performing the mining aspects of its customersâ operations.
NACCO INDUSTRIES, INC. 
