Nacco Industries, Inc. Appoints Robert S. Shapard to the Board of Directors of Nacco Industries, Inc
September 10, 2020 at 05:03 pm EDT
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NACCO Industries, Inc. announced Effective September 9, 2020, Mr. Robert S. Shapard was appointed to the Board of Directors of NACCO Industries, Inc. (the “Company”). Mr. Shapard currently serves as the chairman of the board of directors of Oncor Electric Delivery Company LLC (“Oncor”), where he previously served as the chief executive officer from April 2007 until March 2018. Mr. Shapard joined Oncor’s predecessor, TXU Electric Delivery, in October 2005 as a strategic advisor.
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.