Mike Tracy named CEO at Birmingham-based Drummond
BIRMINGHAM, Ala. (AP) — The Birmingham-based Drummond Co. Inc. has named the president of its mining division as its new chief executive.
A company statement says Mike Tracy will take over the position previously held by longtime CEO Garry Neil Drummond, who died last week.
Tracy has been with the family-owned company more than 35 years.
The company says it is implementing a succession plan that Drummond formulated before its death. As part of that, Drummond’s son Mike Drummond is taking over as chairman of the board. He’s a vascular surgeon by occupation.
Drummond has coal mines in Alabama and South America. It operates ABC Coke and a real estate division with developments in Alabama, California and Florida.