Massey Energy says it will keep its Chief Executive - WKOW 27: Madison, WI Breaking News, Weather and Sports

Massey Energy says it will keep its Chief Executive

JULIAN, W.Va. (WKOW) -- Massey Energy's board says it will keep Chief Executive Don Blankenship despite calls for his resignation.

Lead independent director Bobby Inman said Thursday the board has concluded that changing senior management now wouldn't be in the company's best interests. The Richmond, Va.-based company is under pressure from industry regulators and shareholders after 29 miners died in an explosion at Massey's Upper Big Branch coal mine in West Virginia on April 5.

A growing number of Massey shareholders have asked that Blankenship's role be re-examined. Some want him to resign. But Inman says Blankenship has the board's full support.


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UPDATE: 7 dead, 19 missing after coal mine explosion (April 5, 2010)

UPDATE: Former federal safety official to conduct mine investigation (April 13, 2010)

Investigation on West Virginia mine to begin (April 12, 2010)

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UPDATE: 25 dead in W.Va. mine blast, worst since 1984 (April 6, 2010)

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