NACCO Industries Welcomes Patrick J. Burns to Its Board of Directors

NACCO Industries®, renowned for its significant contributions to natural resources, announced the appointment of Patrick J. Burns as an independent director on August 19, 2026. This decision marks a strategic enhancement to the board, as Mr. Burns brings over thirty years of high-level executive experience, particularly in financial management and strategic planning within the manufacturing sector.

A Wealth of Experience

Patrick J. Burns's career has been distinguished by his leadership in various high-profile executive roles, including Chief Executive Officer and Chief Financial Officer. His expertise spans multiple facets of business operations, including financial management, strategic development, and transformational initiatives in both public and private sectors.

Most recently, Burns served as the Chief Executive Officer of Precision Fabrics Group, Inc., a prominent entity in engineered materials and technical fabrics production, from 2022 to July 2026. Prior to that, he was the President and CEO of AGY Holdings Corp., where he played a crucial role in driving global business outcomes in manufacturing high-performance glass fiber materials. His substantial tenure at Precision Fabrics prior to joining AGY allowed him to hold various leadership roles, further solidifying his expertise.

Earlier, Mr. Burns's career was marked by significant positions at esteemed companies such as Lear Corporation, Masland Corporation, International Business Machines Corporation (IBM), and Wachovia Corporation, where he focused on finance, business development, investor relations, as well as sales and marketing.

Endorsements from Leadership

General John P. Jumper, Chairman of the Board at NACCO Industries, expressed enthusiasm regarding Burns's appointment. Jumper remarked, "Pat brings a unique combination of executive leadership, financial expertise, and board experience developed over a distinguished career spanning multiple industrial and manufacturing businesses. His extensive background as both a CEO and CFO, along with his strategic insights, will be an invaluable addition to our Board. We are pleased to have him on board at NACCO Industries."

Academic Credentials

Mr. Burns is academically well-equipped, holding a Bachelor of Arts degree in Economics from Vanderbilt University. He has also distinguished himself as an honors graduate of the Master of Business Administration program at the University of North Carolina at Chapel Hill.

About NACCO Industries

NACCO Industries, publicly traded on the NYSE under the symbol NC, has a diverse portfolio focusing on natural resources, encompassing aggregates, minerals, reliable fuels, and environmental solutions through its NACCO Natural Resources businesses. The company has a well-established reputation in the market, committed to operational excellence and sustainable practices. For further information, stakeholders can visit their official website at nacco.com or access investor updates at ir.nacco.com.

In conclusion, the addition of Patrick J. Burns to the NACCO Industries board is expected to propel the company to new heights with his exceptional skill set and extensive industry knowledge, ensuring robust governance and strategic guidance in an ever-evolving market landscape.