L&L Energy Announces Appointment of VP Corporate Infrastructure and Director of Accounting
SEATTLE, December 21, 2010 /PRNewswire-FirstCall/ --L & L Energy, Inc., (Nasdaq:LLEN) ("L&L" or the "Company"), a U.S.-based company since 1995 with coal mining and distribution businesses in China, announced today that Edmund C. Moy has joined the Company as Vice President – Corporate Infrastructure. Mr. Moy’s appointment will be effective January 10, 2011 and he will report directly to Dickson Lee, L&L’s Chairman and C EO. Mr. Moy’s key areas of responsibilities include corporate development, global logistics, and general administration. In addition, the company announced the appointment of David Lin as Director of Accounting.
“We are delighted to welcome Ed to the L&L team. He brings a wealth of experience from both the public and private sectors, and has expertise in key areas including operations, strategic planning and executive recruitment,” commented Mr. Lee. “We look forward to leveraging his experience and skills as we continue our growth into a global coal company.”
Mr. Moy joins L&L from the United States Mint, where he has served as 38th Director of the Mint since 2006. While in this capacity, Mr. Moy was the chief executive officer with full P&L responsibility for the world’s largest manufacturer of coins and medals. Mr. Moy oversaw production of the nation’s circulating coinage, producing numismatic products, retail sales, production of gold and silver bullion and sales to financial investors, and protecting the nation’s gold reserves. He led 2,000 employees located in six geographic locations across the United States, including Fort Knox. During his tenure at the United States Mint, he increased revenues from $2.3 billion to a record $4 billion and increased profits from $350 million to over $1 billion.
Prior to this appointment, Mr. Moy was Special Assistant to the President for Presidential Personnel at The White House from 2001 to 2006. In this role, Mr. Moy was responsible for recommending candidates to the President of the United States for the most senior political appointments for 11 Cabinet Departments and Cabinet-Rank Agencies, 32 independent federal agencies, and 14 part-time presidential boards and commissions. Relevant recruitments included the Mine Safety and Health Administration at the U.S. Department of Labor, the Federal Mine Safety and Health Review Commission, and the National Mediation Board, which facilitated labor-management relations with the railroad and airline industries.
In addition to his public service, Mr. Moy has significant experience in the private sector. Mr. Moy spent eight years working with venture capital and private equity firms and entrepreneurs, including the Wall Street private equity firm Welsh, Carson, Anderson & Stowe, and served on theboards of several for profit companies. Ed graduated from the University of Wisconsin in 1979 with a triple major in economics, international relations, and political science; and currently serves on the Board of Directors of the Tau Kappa Epsilon (TKE) Fraternity. He plans to relocate his family to Seattle.
