P. Michael Giftos (65) was appointed to Foundation Coal's board of directors in December 2005 and remained on our board after the merger with Foundation Coal on July 31, 2009. Mr. Giftos has been a member of our audit committee since the merger and served on Foundation Coal's audit committee from December 2005 until the merger. At the time of the merger, Mr. Giftos was also appointed to our safety, health, environmental and sustainability committee. From 1975 to 2004, he served in many executive positions with CSX Corporation and its subsidiaries. From 2000 through 2004, Mr. Giftos served as CSX Transportation’s executive vice president and chief commercial officer. He also served as senior vice president and general counsel at CSX from 1990 through 2000. From 1985 through 1989, he served as vice president and general counsel at CSX. At CSX, Mr. Griftos was directly involved in risk management and the CSX transportation risk management group reported to him during much of the period that he served as a CSX senior vice president.
Mr. Giftos has also served as a member of the board of directors of Pacer International, Inc. since April 2004, of which he is a member of its compensation committee and chairman of its governance committee. Mr. Giftos received his law degree from the University of Maryland and a Bachelor of Arts in Political Science from George Washington University.
Qualifications: Mr. Giftos has more than 29 years of experience in the railroad industry in which he served in a number of senior executive capacities (an industry on which coal companies are dependent). In addition to the business expertise he developed while employed in the railroad industry, Mr. Giftos has developed significant expertise in the areas of corporate governance and compensation through his service on our and Foundation Coal's board of directors since December 2005 and his service on the board of directors of Pacer International and more specifically as its governance committee chairman and as a member of its compensation committee and formerly a member of its audit committee.