SunCoke Energy Announces Transition of Chief Financial Officer

On January 15 , 2026, SunCoke Energy Inc. (NYSE: SXC) disclosed that its incumbent Chief Financial Officer, Mark W. Marinko, will retire effective March 13 , 2026. In a coordinated succession plan approved by the board, Vice President, Finance and Treasurer Shantanu Agrawal will assume the CFO position on the same date.

A Seamless Transition

Shantanu Agrawal has been a cornerstone of SunCoke’s financial leadership since joining the company in 2014 as an FP&A Analyst. Over the past decade, he has progressively expanded his responsibilities, most recently serving as Vice President, Finance and Treasurer since 2021. His portfolio has encompassed budgeting, forecasting, financial analysis, cash management, investor relations, and procurement. CEO Katherine Gates underscored that Agrawal’s deep familiarity with SunCoke’s operations and his proven record of leadership will ensure a smooth transition. “Shantanu is the ideal person to step into the CFO role for SunCoke, driving financial discipline and operational excellence while advancing our growth strategy,” Gates said.

Mark Marinko’s tenure as CFO has been highlighted by his guidance through critical phases of SunCoke’s evolution, including the recent acquisition of Phoenix Global Services. His retirement marks the end of an era of financial stewardship that helped the company navigate a complex market environment.

SunCoke’s Business Overview

SunCoke Energy is a materials company operating in the metals and mining sector, headquartered in Lisle, United States, with operations extending into Brazil. The firm specializes in producing high‑quality coke—an essential feedstock for blast furnace steel production—under long‑term, take‑or‑pay contracts that cover commodity and operating costs passed on to customers. SunCoke’s innovative heat‑recovery technology captures excess heat for steam or electrical power generation, adding value to its cokemaking process.

The company’s industrial services segment supplies export and domestic material handling services to coke, coal, steel, power, and other bulk customers. With logistics terminals capable of mixing and transloading over 40 million tons of material annually, SunCoke serves Gulf Coast, East Coast, Great Lakes, and international ports. Additional services include the removal, handling, and processing of molten slag at customer sites, as well as the preparation and transportation of metal scraps, raw materials, and finished products.

Market Context

As of January 13 , 2026, SunCoke’s stock closed at $8.21 per share, reflecting a company with a market capitalization of approximately $684.9 million. The 52‑week high reached $10.52 on January 20 , 2025, while the 52‑week low fell to $6.24 on November 23 , 2025. The firm’s price‑to‑earnings ratio stands at 10.77, positioning it within a moderate valuation range relative to its peers in the metals and mining industry.

Outlook

With Shantanu Agrawal stepping into the CFO role, SunCoke Energy is poised to continue its focus on operational excellence, financial discipline, and long‑term value creation for shareholders. The transition reinforces the company’s commitment to sustaining its growth strategy amid a dynamic global steel market and underscores the importance of seasoned leadership in navigating future opportunities and challenges.