Joy Global Elects Edward Doheny As CEO

(RTTNews) - Joy Global Inc. (JOY) said Wednesday that Edward Doheny, II, has been elected President and Chief Executive Officer of the company in accordance with the company's previously announced executive succession process. The company's former President and Chief Executive Officer, Michael Sutherlin, has resigned from those positions and from the Board of Directors in preparation for his expected retirement on February 1, 2014.

Doheny was previously elected to the company's Board of Directors on December 3. Prior to his appointment as President and Chief Executive Officer, he served as Executive Vice President of the company and as President and Chief Operating Officer of the Underground Equipment division since 2006.

The company also said that Randal Baker has been elected to the new position of Chief Operating Officer. In this role, he will oversee both the Surface Mining Equipment and the Underground Mining Equipment divisions.

Baker previously served as President and Chief Operating Officer of the Surface Mining division since 2009.