TORONTO (miningweekly.com) – Diversified fossil fuels producer Consol Energy on Thursday said it had appointed two independent directors in anticipation of two existing directors retiring, owing to age, at its next annual general meeting.
The NYSE-listed company had appointed the CEO of the largest private oil field service company in North America, Gregory Lanham and private equity firm Housatonic Partners founder and MD William Thorndike Jr independent members of its board.
Consol pointed out that its corporate governance guideline policy stated that no director having attained the age of 75 should be nominated for re-election or re-appointment to the board without prior consent of the nominating and corporate governance committee and the board.