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J.C. Butler, Jr.

Biography

Mr. Butler is President and Chief Executive Officer of NACCO Industries, Inc. (NYSE:NC) and its wholly owned subsidiary The North American Coal Corporation. Mr. Butler has held his current NACCO position since October 2017 and his North American Coal position since July 2015.

Mr. Butler served as NACCO’s Senior Vice President – Finance, Treasurer and Chief Administrative Officer from September 2012 to September 2017, Vice President - Corporate Development and Treasurer from January 1997 to September 2012, and Manager of Corporate Development and Treasurer from May 1996 to January 1997. Mr. Butler joined NACCO as Manager of Corporate Development in May 1995.

At North American Coal, Mr. Butler served as Senior Vice President - Project Development, Administration and Mississippi Operations from July 2014 to June 2015 and Senior Vice President - Project Development and Administration from December 2009 to July 2014.

Prior to joining NACCO, Mr. Butler was an investment banker with McFarland Dewey & Co., a boutique investment banking firm specializing in mergers and acquisitions, from 1990 to 1995, and with Drexel Burnham Lambert from 1989 to 1990. Prior to his career in investment banking, Mr. Butler was an investment analyst in the Prudential Agricultural Realty Group, with shared responsibility for oversight of Prudential Insurance Company's investment in U.S. agricultural properties.

Mr. Butler received both a Bachelor of Science degree, with highest distinction, and a Master of Science degree in Agricultural Economics from Purdue University, and earned an MBA (Master of Business Administration) degree from Harvard Business School. Mr. Butler serves on the Board of Directors of NACCO Industries, Inc., Hyster-Yale Materials Handling, Inc. (NYSE:HY) and Hamilton Beach Brands (NYSE:HBB). Mr. Butler serves on the Board of the National Mining Association and is a member of the Management Committee of the Lignite Energy Council.