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SunCoke Energy announces major changes management board
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Wednesday, 11 Jan 2012
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SunCoke Energy Inc announced that Ms Karen B Peetz, Mr John W Rowe and Mr James E Sweetnam have been elected to its board of directors. Ms Peetz is vice chairman of the Bank of New York Mellon Corporation and a well regarded financial services industry expert. Mr Rowe is chairman & CEO of Exelon Corporation and a recognized leader in the utility industry. Mr Sweetnam, most recently the president & CEO and director of Dana Holding Corporation, is a highly experienced international operating executive.

In addition, in connection with the previously announced spin off of SunCoke from Sunoco, Sunoco directors Mr Stacy L Fox; Mr Michael J. Hennigan, Mr Brian P MacDonald, Mr Charmian Uy and Mr Dennis Zeleny will resign from the board effective January 17th 2012, the planned distribution date of the special dividend to Sunoco shareholders of the remaining SunCoke Energy common stock owned by Sunoco.

Mr Frederick A Henderson chairman & CEO of SunCoke Energy Inc said that "We are pleased that Ms Karen, Mr Jim and Mr John have joined the SunCoke Energy board of directors. They are extremely qualified directors whose diverse experience will be an asset to SunCoke Energy and our shareholders. Their expertise will complement that of our existing board as we seek to maximize returns for our shareholders and continue to deliver value for our customers."

He added that "We also thank Mr Stacy, Mr Mike, Mr Brian, Mr Charmian and Mr Dennis for their many contributions to the company over the years. They have played an invaluable role in helping SunCoke become an independent, standalone company, strongly positioned to grow our business domestically and internationally over the long term."

The three appointments and planned resignations bring the total number of directors on SunCoke's board to seven.

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