Lisa A. Honnold was appointed Interim Chief Financial Officer and Senior Vice President of the Company in March 2010. Ms. Honnold previously served as Senior Vice President, Controller from March 2006 through September 2010 and Vice President of Corporate Accounting for the Company from December 2005 through March 2006. Prior to joining the Company, Ms. Honnold was Vice President, Corporate Controller of Catalina Marketing Corporation, a targeted media marketing firm, from December 2004 to November 2005, holding the previous title of Assistant Controller since November 2003. From 1996 to November 2003, Ms. Honnold held various positions with NACCO Industries, Inc., a diversified company with businesses in lift trucks, small appliances, specialty retail and mining, last serving as Manager of Financial Reporting and Analysis. Ms. Honnold is a certified public accountant and received a B.S. in Accountancy from Miami University.

Mr. Leonard, 67, previously served as Chairman of AirTran Holdings, Inc., an airline holding company, from 2007 until his retirement in June 2008. From 1999 through 2007, Mr. Leonard served as Chairman and Chief Executive Officer of AirTran Holdings, Inc., with the additional title of President from 1999 through 2001. From 1993 to 1998, Mr. Leonard served in various executive positions with Allied Signal Aerospace, a diversified global technology and manufacturing leader of aerospace products, last serving as President and Chief Executive Officer of its Marketing, Sales and Service Divisions. On March 5, 2010, the Board of Directors of Walter Energy, Inc. named Joseph B. Leonard, interim Chief Executive Officer effective as of the close of business on March 12, 2010. On March 1, 2011, Walter Energy, Inc. announced that, effective upon the consummation of transactions contemplated by the Arrangement Agreement (april 1, 2011), Joseph B. Leonard will step down from his position as interim Chief Executive Officer of the Company. Mr. Leonard will continue to serve as a director on the Companys Board of Directors. The Board of Directors has appointed Joseph B. Leonard to succeed Mr. Calder as Interim Chief Executive Officer. Mr. Leonard previously served as Interim Chief Executive Officer from March 2010 through March 2011. Mr. Scheller replaces Joseph B. Leonard, who had been serving as the interim Chief Executive Officer of the Company and who will continue to serve as a director of the Company.

Charles C. Stewart has served as President and Chief Operating Officer of Walter Coke, Inc. since May 2003, as well as President and Chief Operating Officer of Walter Minerals, Inc. since November 2010 after previously serving Walter Minerals as President since July 2007. In 2011, he also assumed responsibility for Walter Energy\'s operations in West Virginia and Wales. Beginning his career with the Company in 1978, Mr. Stewart has held a number of progressively responsible leadership roles in various mining and engineering capacities across the Company, culminating in his appointment as Vice President, Engineering. Mr. Stewart holds an MBA from Samford University and a Bachelor of Science degree in mineral engineering from the University of Alabama.

Michael T. Madden was appointed Senior Vice President, Marketing for Walter Energy in April 2011 after serving as Senior Vice President, Sales and Marketing since February 2010 and Vice President, Marketing, Transportation, and Quality Control since 1997 for the Company\'s primary subsidiary, Jim Walter Resources. Prior to beginning his career with the Company in 1997, Mr. Madden held various management positions in the coal industry for both the domestic and export markets from 1974 through 1996. He is a member of the National Mining Association, the Alabama Coal Association, and the Coal Trade Association of New York, and he previously served as a director of the Coal Exporters Association. Mr. Madden holds a bachelor\'s degree in marketing from St. Bonaventure University.

Walter J. Scheller, III was appointed Chief Executive Officer of Walter Energy in September 2011 after serving as President and Chief Operating Officer of the Company\'s primary subsidiary, Jim Walter Resources, beginning in June 2010. Prior to joining Walter Energy, Mr. Scheller served from June 2006 until June 2010 at Peabody Energy Corporation as Group Executive, Colorado Operations and before that Senior Vice President, Strategic Operations. Prior to his career at Peabody, Mr. Scheller worked for CNX Gas Corporation as Vice President, Northern Appalachia Gas Operations as well as Consol Energy where he held a number of executive and operational roles, the last of which was Vice President, Operations. Mr. Scheller holds an MBA from University of PittsburghJoseph M. Katz Graduate School of Business, a Juris Doctor degree from Duquesne University and a bachelor\'s degree in mining engineering from West Virginia University.

Mr. Richmond, 59, was named President and Chief Operating Officer of the Company on September 8, 2009. Mr. Richmond previously served as Chief Executive Officer of Jim Walter Resources, Inc. from 2006 to September 2009 and President and Chief Operating Officer of Jim Walter Resources, Inc. since 1997. Mr. Richmond has over 44 years experience in deep underground longwall mining, having joined Jim Walter Resources, Inc. in 1978 after 13 years in various engineering and management capacities for Great Britain\'s National Coal Board (now known as British Coal). Mr. Richmond is a member of the Board of Directors of the National Mining Association; the Alabama Coal Association, serving as Chairman from 2004-2006; and the Business Council of Alabama. Mr. Richmond received a national diploma in Mining Engineering from Doncaster College, Yorkshire, UK, a bachelor degree in Mechanical Engineering from the University of Bradford, Yorkshire, UK, and a Government Certificate in Safety and Law from the National Coal Board. Officers On June 15, 2010, Walter Energy, Inc. announced that Mr. George R. Richmond, President and Chief Operating Officer of the Company and a director, informed the Board of Directors that he wishes to retire effective July 31, 2010.

Victor P. Patrick is Chief Executive Officer, Chief Financial Officer and General Counsel for the Company and has served on the Board of Directors of the Company since 2006. Mr. Patrick served as Vice Chairman, Chief Financial Officer and General Counsel since February 2008. Mr. Patrick previously served as Vice Chairman and General Counsel since April 2007 and Vice Chairman, General Counsel and Secretary since August 2006. Mr. Patrick joined the Company in 2002 as Senior Vice President, General Counsel and Secretary. Prior to joining the Company, Mr. Patrick held various executive positions with Honeywell International, a diversified company providing aerospace, control technologies, automotive products and specialty materials, from 1994 to July 2002, last serving as Vice President, Secretary and Deputy General Counsel. Mr. Patrick received his law degree from Harvard University and holds a B.S. from Princeton University. Mr. Patrick has advised the Company of his intention to retire from the Company and his decision not to seek re-election to the Board at the Company\'s annual meeting of stockholders to be held on April 21, 2010.