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The Big Bad CEO of Big Coal

May 13th, 2008 @ 2:49 pm

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Tags: Massey Energy Co., CEO, Blogging, Internet, David Hamilton

Over at BNET’s Corner Office blog, Peter Galuszka profiles Donald Blankenship, CEO of Massey Energy, the number four coal producer in the U.S.

Dubbing Blankenship “the kind of executive liberal elites love to hate,” Galuszka notes his history of dubious environmental practices, browbeating unions, and shutting the press out of Massey’s annual meetings. Yet Massey is flying high right now as coal prices soar in the wake of oil’s rise — its shares now trade near $60, up from the high teens just last summer.

Donald Blankenship Makes Friends With the Media

Here’s a photo of Blankenship in happier times, when he was threatening to have an ABC cameraman shot if he kept filming in the parking lot of a Massey office in Belfry, Ky.:

Source: ABC News

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BNET Energy provides daily news coverage for managers and executives in the energy industry, with coverage on major utilies, oil companies, and clean tech and renewable energy businesses. BNET Energy offers analysis on deal flow, new technology, alliances and partnerships, competitive intelligence, and a host of other critical business issues.

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