Garry N. Drummond
| Garry N. Drummond | |
|---|---|
| Born |
Garry Neil Drummond June 8, 1938 Sipsey, Alabama |
| Died | July 13, 2016 (aged 78) Birmingham, Alabama |
| Resting place | Sipsey, Alabama |
| Alma mater | University of Alabama |
| Occupation |
|
| Known for | The Drummond Company |
| Net worth | US$980 million |
| Children | 5 |
| Parent(s) |
Heman Edward Drummond Elza Eliza Stewart |
| Relatives | Elbert Allen Drummond (brother) |
Garry Neil Drummond Sr. (June 8, 1938 – July 13, 2016) was an American heir, business executive, and philanthropist from Alabama. He served as the chairman and chief executive officer of the Drummond Company, a private coal company active in Alabama and Colombia.
Garry Neil Drummond Sr. was born in 1938 at Sipsey, Alabama. His father, Heman Edward Drummond, was the founder of the Drummond Company, a coal company, in 1935. Drummond started working in his father's coal mines at the age of fifteen.
He graduated from the University of Alabama in Tuscaloosa, Alabama, with a Bachelor of Science in Civil Engineering.
In 1961, Drummond joined the family business, the Drummond Company, a coal company active in Alabama. He later served as its Chief Operating Officer. He has served as its Chairman and Chief Executive Officer since 1973. The company is active in coal-mining in Alabama and Colombia.
In 1979-1980, with his brother Larry and another executive, Clyde Black, Drummond was indicted of bribing three Alabama legislators, by supplying them with prostitutes. The trial lasted three months, but it was dismissed by Judge Frank McFadden; the record is now sealed.
In the 1980s, Drummond began looking for coal in Colombia, even though the country was at war. He established their first coal mine in 1995. Shortly after, the FARC bombed the railway track which carried coal from the Drummond mine to their port off the Caribbean Sea.
In 2013, Drummond planned to establish a new coal mine off the bank of the Black Warrior River near Birmingham.
Drummond served on the Board of Directors of SouthTrust from 2001 to its merger with Wachovia in 2004. He also served as the Director of the Alabama Coal Association. Additionally, he was appointed to the National Coal Council by United States Secretary of Energy Donald P. Hodel in 1984, under the presidency of Ronald Reagan. Later, he served as the Chairman of the Governor's Commission on Affordable Health Care.
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