People: International Coal Group, Inc. (ICO)
ICO on New York Consolidated
3.54USD
10:24am EST
3.54USD
10:24am EST
Price Change (% chg)
$-0.13 (-3.54%)
$-0.13 (-3.54%)
Prev Close
$3.67
$3.67
Open
$3.66
$3.66
Day's High
$3.79
$3.79
Day's Low
$3.51
$3.51
Volume
320,356
320,356
Avg. Vol
2,104,999
2,104,999
52-wk High
$5.35
$5.35
52-wk Low
$1.09
$1.09
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Ross, Wilbur | 71 | 2005 | Non-Executive Chairman of the Board |
| Hatfield, Bennett | 52 | 2005 | President,Chief Executive Officer, Director |
| Harris, Bradley | 49 | 2007 | Chief Financial Officer, Senior Vice President, Treasurer |
| Nicholson, Roger | 48 | 2006 | Senior Vice President, General Counsel, Secretary |
| Hardesty, Phillip | 46 | 2005 | Senior Vice President - Sales and Marketing |
| Kitts, Samuel | 47 | 2008 | Senior Vice President - Planning & Organizational Development |
| Perkins, William | 53 | 2007 | Senior Vice President, Kentucky Region Operations |
| Kitts, Oren | 54 | 2005 | Senior Vice President - Mining Services |
| Snavely, Charles | 53 | 2008 | Senior Vice President, West Virginia and Northern Region Operations |
| Beckerle, Joseph | 47 | 2007 | Chief Accounting Officer |
| Bezik, Cynthia | 56 | 2005 | Director |
| Catacosinos, William | 78 | 2005 | Director |
| Teramoto, Wendy | 35 | 2004 | Director |
| Carino, Maurice | 64 | 2006 | Director |
| Gaines, Stanley | 74 | 2006 | Director |
| Mitchell, Samuel | 65 | 2008 | Director |
Biographies
| Name | Description |
|---|---|
| Ross, Wilbur | Mr. Ross has served as the Non-Executive Chairman of the Board of Directors of International Coal Group, Inc. since April 2005 and has served in the same capacity at ICG, Inc. since October 2004. Mr. Ross is the Chairman and Chief Executive Officer of WL Ross & Co. LLC, a merchant banking firm, a position he has held since April 2000. Mr. Ross is also the Chairman and Chief Executive Officer of WLR Recovery Fund L.P., WLR Recovery Fund II L.P., WLR Recovery Fund III L.P., Asia Recovery Fund L.P., Asia Recovery Fund Co-Investment, Absolute Recovery Hedge Fund and India Asset Recovery Fund, each of which is a private investment fund managed by WL Ross & Co. LLC. Mr. Ross is also Chairman of International Textile Group, Inc., a global, diversified textile provider that produces automotive safety, apparel, government uniform, technical and specialty textiles; Nano-Tex, LLC, a fabric innovations company located in the United States; IPE-Ross, an investment partnership investing in middle market European buyouts; and International Auto Components Group SL, a joint venture company with interests in automotive interior plastics. Mr. Ross is also an executive officer of Invesco Private Equity; Panther RE; AHM Service and PLASCAR Participacoes SA. Previously, Mr. Ross served as the Executive Managing Director at Rothschild Inc., an investment banking firm, from October 1974 to March 2000. Mr. Ross was also formerly Chairman of the Smithsonian Institution National Board and currently is a board member of Whitney Museum of American Art, the Japan Society, and the Yale University School of Management, the Harvard Business School Club of New York, the Palm Beach Civic Association, the Palm Beach Preservation Foundation and the Partnership for New York City. He holds an A.B. from Yale University and an M.B.A., with distinction, from Harvard University. |
| Hatfield, Bennett | Mr. Hatfield has been President, Chief Executive Officer and a Director of International Coal Group, Inc. since March 2005. Prior to joining the company, Mr. Hatfield served as President, Eastern Operations of Arch Coal, Inc., a producer of coal in the eastern and western United States, from March 2003 until March 2005. Prior to joining Arch Coal, Inc., Mr. Hatfield was Executive Vice President of El Paso Energy’s Coastal Coal Company, a Central Appalachian coal producer, from December 2001 through February 2003. That assignment was preceded by a lengthy career with Massey Energy Company, a Central Appalachian coal producer, where he last served as Executive Vice President and Chief Operating Officer from June 1998 through December 2001. Mr. Hatfield has a B.S. in Mining Engineering from Virginia Polytechnic Institute and University. |
| Harris, Bradley | Mr. Harris has been Vice President and Chief Financial Officer of International Coal Group, Inc. since September 2006 and as Senior Vice President since May 2007 and Treasurer since November 2007. Prior to joining the company, Mr. Harris was employed by GMH Communities Trust, or GMH, a self-advised, self-managed, specialty housing company, where he most recently served as Executive Vice President and Chief Financial Officer and was responsible for financial reporting, accounting, information technology and human resources from August 2004 through March 2006. From April 2004 through July 2004, Mr. Harris served as a consultant for GMH Associates, Inc. and GMH on accounting matters. In July 2004, Mr. Harris was appointed Senior Vice President and Chief Accounting Officer of GMH, and was appointed Chief Financial Officer in August 2004. From September 1999 through March 2004, Mr. Harris served as Vice President and Chief Accounting Officer of Brandywine Realty Trust, an office property REIT. Prior to that time, Mr. Harris served as the Controller of Envirosource, Inc., a service provider to the steel industry, from 1996 through 1999, and as an Audit Senior Manager for Ernst & Young LLP, specializing in real estate, from 1981 through 1996. Mr. Harris is a C.P.A. (Certified Public Accountant) and has a B.S. in Accounting and an M.B.A., both from Lehigh University. |
| Nicholson, Roger | Mr. Nicholson has been Senior Vice President and General Counsel of International Coal Group, Inc. since April 2005 and Secretary since February 2006. Prior to joining the company, Mr. Nicholson was a member at the law firm of Jackson Kelly, PLLC from April 2002 to April 2005. His practice focused on energy and natural resources, mergers and acquisitions and commercial and mineral real estate. Before joining Jackson Kelly, PLLC, Mr. Nicholson served as Vice President, Secretary and General Counsel of Massey Energy Company, a Central Appalachian coal producer, from February 2000 to April 2002. From June 1995 to February 2000, Mr. Nicholson was assistant general counsel of Massey Energy Company. He has a B.S. in Economics and Political Science from Georgetown College and a J.D. from the University of Kentucky. |
| Hardesty, Phillip | Mr. Hardesty has been Senior Vice President, Sales and Marketing of International Coal Group, Inc. since April 2005. Previously, Mr. Hardesty held various positions with Arch Coal, Inc., a producer of coal in the eastern and western United States, including Vice President, Commercial Optimization from January 2005 through April 2005, Vice President, Marketing Services from July 2002 through January 2005, and Director of Marketing Services from August 1998 until July 2002. Mr. Hardesty has a B.S. in Accounting from the University of Kentucky. |
| Kitts, Samuel | Mr. Kitts has been Senior Vice President, Planning and Organizational Development of International Coal Group, Inc. since August 2008, was Senior Vice President, West Virginia Region Operations from November 2007 to August 2008 and Senior Vice President, West Virginia and Maryland Operations from April 2005 to November 2007. Prior to his employment with the company, Mr. Kitts was the Vice President of Alpha Natural Resources Services from April 2004 to April 2005 and the President of Brooks Run Mining Co., LLC, a Central Appalachian coal producer, from February 2003 to April 2005. From March 2002 to February 2003, Mr. Kitts was the President of Brooks Run Coal Company. Prior to that time, Mr. Kitts held various management positions at Massey Energy Company from December 1986 to March 2002. Mr. Kitts has both a B.S. in Geology and an M.B.A. from Marshall University. |
| Perkins, William | Mr. Perkins has been Senior Vice President, Kentucky Region Operations of International Coal Group, Inc. since November 2007 and was Senior Vice President, Kentucky and Illinois Operations from April 2005 to November 2007 and held the same position at ICG, Inc. since January 2005. Prior to his employment with the company, Mr. Perkins held various positions with the company's predecessors. From July 2003 through January 2005, Mr. Perkins was the Vice President and General Manager of the Evergreen Mining Company Division of Horizon, the Vice President and General Manager of Horizon’s Kentucky Division-Union Free from October 2001 until June 2003 and the Vice President-Appalachian Region Union Free Surface Operations of AEI Resources from May 1999 until September 2001. Mr. Perkins has a B.S. in Geology from Kent State University. |
| Kitts, Oren | Mr. Kitts has been Senior Vice President, Mining Services of International Coal Group, Inc. since May 2005. Prior to his employment with the company, Mr. Kitts was most recently Vice President, Environmental & Technical Affairs for Eastern Operations at Arch Coal, Inc. from May 2003 until May 2005. Prior to Arch, Mr. Kitts was a partner in Summit Engineering Company, a Central Appalachian regional mining and civil engineering company, from May 1996 until May 2003. Prior to March 1996, Mr. Kitts spent over twelve years with A. T. Massey Coal Company, Inc., a Central Appalachian coal producer, in a variety of technical and management assignments, including president of Massey Coal Services. Mr. Kitts initially worked for Pickands Mather & Company, an iron ore mining and shipping company, as the environmental engineer for its coal mining operations in southern West Virginia and eastern Kentucky. Mr. Kitts has a B.S. in Civil Engineering from West Virginia University. |
| Snavely, Charles | Mr. Snavely has been Senior Vice President, West Virginia and Northern Region Operations of International Coal Group, Inc. since August 2008, Senior Vice President, Planning and Acquisitions and Northern Region Operations from November 2007 to August 2008, and Vice President, Planning and Acquisitions from July 2005 to November 2007. Prior to his employment with the company, Mr. Snavely was most recently President of Bell County Coal Corporation at James River Coal Company, a Central Appalachia coal producer, from February 1995 until July 2005. While at Bell County Coal, Mr. Snavely was also the President of Bledsoe Coal Corporation, Bledsoe Coal Leasing Corporation and Shamrock Coal Company, all subsidiaries of James River Coal Company, from February 2003 until joining the company. Mr. Snavely has a B.S. in Mining Engineering from Virginia Tech University. |
| Beckerle, Joseph | Mr. Beckerle has been Chief Accounting Officer of International Coal Group, Inc. since October 2007. From August 2005 until October 2007, Mr. Beckerle was Director of Sarbanes-Oxley Compliance and External Reporting. Mr. Beckerle was employed by AG Edwards, Inc., a financial services holding company, from February 1999 through August 2005, serving most recently as Associate Vice President, Director of Sarbanes-Oxley Compliance and Manager of External Reporting. Mr. Beckerle also worked at Deloitte & Touche LLP from 1993 to 1999, where he last served as an Audit Senior Manager. Mr. Beckerle received a B.S. in Accounting from Southwest Missouri State University and is a certified public accountant. |
| Bezik, Cynthia | Ms. Bezik has been a Director of International Coal Group, Inc. since April 2005 and a Director of ICG, Inc. since December 2004. Ms. Bezik has over thirty years of financial management experience. Ms. Bezik currently provides financial consulting services on a free-lance basis to non-SEC reporting companies. From May 2006 to August 2008, she was the Chief Financial Officer of WCI Steel, Inc. From May 2004 to May 2006, Ms. Bezik was a financial consultant to the $300 million Senior Secured Noteholders in the WCI Steel, Inc. bankruptcy proceedings. She was Senior Vice President-Finance and Chief Financial Officer at Cleveland-Cliffs Inc. from November 1997 through July 2003. Prior to that, she was the Treasurer at Cleveland-Cliffs from October 1994 through October 2003. Cliffs Natural Resources Inc. (f/k/a Cleveland-Cliffs Inc.), a NYSE-listed company, is a supplier to the steel industry. Earlier in her career, she was on the audit staff of Ernst & Young, LLP, a professional services organization, and worked for AM International, a large manufacturing concern. In September 2005, Ms. Bezik joined the Board of Managers of Cadence Innovation LLC (f/k/a New Venture Holdings, LLC), a privately held, tier-one automotive supplier, and in October 2005, was appointed Chair of its audit committee. From February through September 2004, Ms. Bezik was a Director and Chair of the audit committee of Oxford Automotive, Inc., a privately held, tier-one automotive supplier, prior to its filing for reorganization in 2004. Ms. Bezik is a C.M.A. (Certified Management Accountant) and holds a B.S. from Youngstown State University and an M.B.A. from Case Western Reserve University. |
| Catacosinos, William | Dr. Catacosinos has been a Director of International Coal Group, Inc. since April 2005 and a Director of ICG, Inc. since December 2004. Dr. Catacosinos has served as Managing Partner of Laurel Hill Capital Partners, a private equity investment firm, for over five years. Dr. Catacosinos also currently serves as Manager of the Laurel Hill Advisory Group, LLC and as President of the Laurel Hill Advisory Group Company. From 2000 until the end of 2005, Dr. Catacosinos served as the Chairman, President and CEO of TNP Enterprises, Inc., the parent of Texas-New Mexico Power, an electric utility located in Fort Worth, Texas. Dr. Catacosinos was Chairman and Chief Executive Officer of Long Island Lighting Company, an electric utility, from January 1984 to July 1998. Dr. Catacosinos was also a director of Preservation Science, Inc., a St. Petersburg, Florida, company that researches, develops and markets preservatives and preservative technologies for food, beverage and industrial products. He earned a B.S., an M.B.A. and a Ph.D. in Economics from New York University. |
| Teramoto, Wendy | Ms. Teramoto has been a Director of International Coal Group, Inc. since October 2004 and was Secretary of ICG, Inc. from October 2004 until April 2005. Currently, Ms. Teramoto is a Senior Vice President at WL Ross & Co. LLC. Prior to her position at WL Ross & Co. LLC, Ms. Teramoto was a Vice President at WL Ross & Co. LLC from April 2000 through July 2005. Prior to joining WL Ross & Co. LLC, Ms. Teramoto worked at Rothschild Inc., an investment banking firm. Ms. Teramoto received a B.S. in Accounting and Finance from the University of Colorado. |
| Carino, Maurice | Maurice E. Carino, Jr., has been a Director of International Coal Group, Inc. since May 2006. Since April 2003, Mr. Carino has owned and operated a family business. From April 2003 to May 2005, Mr. Carino was also a consultant to International Steel Group Inc., representing the company on Capitol Hill on a wide range of legislative issues, including international trade, taxes and healthcare. Beginning in 1985 until 2003, Mr. Carino held various positions with Bethlehem Steel Corporation, including Manager of Federal Government Affairs, and Vice President of Federal Government Affairs. While at Bethlehem Steel, Mr. Carino also (i) served as Bethlehem Steel’s Washington representative to the Business Roundtable, (ii) was a member of President George W. Bush’s Industry Sector Advisory Committee for steel-related issues, and (iii) served as a chairman of the American Iron and Steel Institute’s Federal Government Affairs Committee, as well as a member of its Energy, Environment and Tax Committee. Prior to joining Bethlehem Steel in 1985, Mr. Carino was employed by the Electric Power Research Institute as Regional Manager of Member Services and worked for General Electric in various industry segments for over 15 years. Mr. Carino was also a founding member of the Washington Coal Club. He has a B.S. in Engineering Management from Boston University and an M.B.A. from University of Santa Clara. |
| Gaines, Stanley | Mr. Gaines has been a Director of International Coal Group, Inc. since May 2006. Since August 2000, Mr. Gaines, has served as a director and member of the audit committee of ModTech Holdings, Inc., a national designer and manufacturer of modular buildings. Mr. Gaines served as the Chairman and CEO of GNB Inc., an automotive and industrial battery company, from 1982 to 1988. Prior to GNB, Inc., Mr. Gaines was Senior Vice President, International from 1981 through 1983 and Group Vice President, Batteries, from 1971 through 1981 for Gould Inc., an international and diversified manufacturer. In addition, Mr. Gaines serves as a director of the Battery Council International and as a director and an executive committee member of Students in Free Enterprise. Mr. Gaines attended the University of Virginia and the Harvard Business School Advanced Management Program. |
| Mitchell, Samuel | Mr. Mitchell has been a Director of International Coal Group, Inc. since April 2008. Since 2004, Mr. Mitchell has been a Managing Director of Hamblin Watsa Investment Counsel, a wholly-owned subsidiary of Fairfax Financial Holdings, Inc., a Toronto-based property and casualty insurance holding company. Hamblin Watsa is responsible for managing the investments of Fairfax Financial. From 2004 to 2006, Mr. Mitchell was a director of Odyssey Re Holdings Corp., a majority-owned subsidiary of Fairfax Financial. Prior to joining Hamblin Watsa, Mr. Mitchell was Managing Director and co-founder in 1993 of Marshfield Associates, a Washington, D.C.-based investment counsel firm. Mr. Mitchell also has experience in the healthcare industry, having served as a Director of Research and Federal Relations for the Federation of American Health Systems from 1983 to 1993, and as Director of Research for the Health Industry Manufacturers Association from 1977 to 1981. In 1973, he co-founded Research from Washington, which advised large institutional investors on the outlook and economic impact of legislation and federal government initiatives. Mr. Mitchell started his career in 1968 with the Washington, D.C.-based investment counsel firm, Davidge and Co. He has a B.A. from Harvard College and an M.B.A. from Harvard Business School. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Ross, Wilbur | -- |
| Hatfield, Bennett | 2,214,240 |
| Harris, Bradley | 880,499 |
| Nicholson, Roger | 711,762 |
| Hardesty, Phillip | -- |
| Kitts, Samuel | 605,986 |
| Perkins, William | 718,072 |
| Kitts, Oren | -- |
| Snavely, Charles | 720,670 |
| Beckerle, Joseph | -- |
| Bezik, Cynthia | -- |
| Catacosinos, William | -- |
| Teramoto, Wendy | -- |
| Carino, Maurice | -- |
| Gaines, Stanley | -- |
| Mitchell, Samuel | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Ross, Wilbur | 0 | 0 |
| Hatfield, Bennett | 319,052 | 0 |
| Harris, Bradley | 0 | 0 |
| Nicholson, Roger | 50,000 | 0 |
| Hardesty, Phillip | 40,000 | 0 |
| Kitts, Samuel | 50,000 | 0 |
| Perkins, William | 50,000 | 0 |
| Kitts, Oren | 50,000 | 0 |
| Snavely, Charles | 40,000 | 0 |
| Beckerle, Joseph | 0 | 0 |
| Bezik, Cynthia | 0 | 0 |
| Catacosinos, William | 0 | 0 |
| Teramoto, Wendy | 0 | 0 |
| Carino, Maurice | 0 | 0 |
| Gaines, Stanley | 0 | 0 |
| Mitchell, Samuel | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| BEZIK CYNTHIA B | 3,238 | $3.86 |
| FAIRFAX FINANCIAL HOLDINGS LTD | 8,616,188 | $0.00 |
| BEZIK CYNTHIA B | 3,102 | $4.03 |
| BEZIK CYNTHIA B | 4,371 | $2.86 |
| BEZIK CYNTHIA B | 7,764 | $1.61 |
| HARDESTY PHILLIP MICHAEL | 730 | $1.76 |
| STEELHEAD PARTNERS L L C | 465,000 | $1.67 |
| STEELHEAD PARTNERS L L C | 11,700 | $1.49 |
| PERKINS WILLIAM SCOTT | 29,759 | $0.00 |
| HARRIS BRADLEY W | 29,759 | $0.00 |
| SNAVELY CHARLES GOBLE | 29,759 | $0.00 |
| HATFIELD BENNETT K | 117,627 | $0.00 |
| KITTS OREN EUGENE | 29,759 | $0.00 |
| KITTS SAMUEL RALPH | 29,759 | $0.00 |
| NICHOLSON ROGER LEE | 29,759 | $0.00 |
| HARDESTY PHILLIP MICHAEL | 29,759 | $0.00 |
| BECKERLE JOSEPH R | 7,669 | $0.00 |
| STEELHEAD PARTNERS L L C | 100,000 | $1.69 |
| STEELHEAD PARTNERS L L C | 250,000 | $1.66 |
| HATFIELD BENNETT K | 10,000 | $1.75 |
| NICHOLSON ROGER LEE | 500 | $1.52 |
| KITTS SAMUEL RALPH | 2,000 | $1.53 |
| FAIRFAX FINANCIAL HOLDINGS LTD | 1,296,800 | $1.53 |
| FAIRFAX FINANCIAL HOLDINGS LTD | 1,061,700 | $1.59 |
| FAIRFAX FINANCIAL HOLDINGS LTD | 1,025,600 | $1.59 |





