United Fuel & Energy names new president and COO
The company has announced that Frank Greinke, who has served as the chairman of board of directors since October 5, 2007, and as president and CEO since June 10, 2008, will continue to serve as the chairman of board of directors and as CEO. Mr Greinke said: "Due to Joe's hard work, dedication and expertise at turning around troubled operations, our operating results have shown substantial improvement since he joined the company in March 2008 as executive vice president and COO. "The board and I feel that a promotion to president and COO is well deserved. Of course, 2009 will likely be a challenging year, but we believe that Joe has demonstrated that he can continue to lead United Fuel in the right direction."