Joy Global's CFO Retiring, Sullivan Will Replace

Joy Global Inc.

today announced that Michael S. Olsen, Executive Vice President and Chief Financial Officer, will retire on February 1, 2013. Mike's career with Joy Global has spanned more than 30 years. He started as the Manager of External Reporting in 1979, became Vice President of Finance for Joy Mining Machinery in 1998, and Chief Financial Officer for Joy Global in 2008. Mike Sutherlin, President and Chief Executive Officer, said, “Mike's strong financial control, attention to detail and extensive understanding of our business has been a large part of the growth and success of Joy Global. He has earned the respect of his colleagues at Joy Global, of our Board of Directors, of our customers, and of our shareholders. We all congratulate Mike on his outstanding career.”