BRISTOL, Tenn., Dec. 17, 2020 /PRNewswire/ -- Contura Energy,
Inc. (NYSE: CTRA), a leading U.S. supplier of metallurgical
products for the steel-making industry, today announced promotions
within its executive leadership team as part of the company's
long-term succession planning process.
Contura's board of directors voted unanimously to promote
Andy Eidson to president and chief
financial officer, effective December 14,
2020. Eidson will continue his existing duties as chief
financial officer along with new responsibilities as president.
Additionally, the board voted unanimously to promote Roger Nicholson to executive vice president,
chief administrative officer, general counsel and secretary, and
Dan Horn to executive vice president
of sales, both effective on December 14,
2020. In addition to his promotion, Horn will become a
Section 16 officer of the company.
Contura's chairman and chief executive officer David Stetson praised the decisions of the
board. "As we look at our long-range planning to solidify the
sustainability and future success of the company, I am pleased to
announce these promotions among our executive team," Stetson said.
"Both Roger and Dan deserve additional recognition for the
excellent jobs they have done within their current roles, and
promoting Andy to serve as president is both an accurate reflection
of the value he currently brings to the organization and a vote of
confidence in his ability to continue enhancing his leadership
capabilities. Along with chief operating officer Jason Whitehead, these individuals make up an
outstanding executive management team. I look forward to continuing
to work alongside them as we execute the company's strategy well
into the future."
Eidson has served as executive vice president and chief
financial officer for Contura since its July
2016 inception, and he previously held the same role at
Alpha Natural Resources. Prior to joining the executive leadership
team at Alpha, Eidson served in a number of management roles for
the company in strategy, business development, and mergers and
acquisitions.
"I've been blessed with some incredible opportunities over the
course of my career, and I am excited for this chance to dig into
the broader business of this great company," Eidson said of his new
role. "I believe the men and women who make up the Contura
workforce are the best in the business, and I consider it an honor
to serve alongside such a talented group of professionals. I
welcome the opportunity to continue partnering with our top-notch
executive team to achieve our strategic initiatives and keep moving
the company forward."
Nicholson has served as executive vice president, general
counsel and secretary of Contura since December 2019. Prior to joining Contura, he
practiced law as a member of Steptoe & Johnson PLLC's
Charleston office and served in
various senior executive legal roles in private practice.
Horn has served as president of Contura Coal Sales, LLC since
December 2019 and has led
metallurgical coal sales for the company. He previously served in a
similar role for Alpha Natural Resources, where he led North
American and export sales for more than a decade.
ABOUT CONTURA ENERGY
Contura Energy (NYSE: CTRA) is a Tennessee-based coal supplier with affiliate
mining operations across Virginia
and West Virginia. With customers
across the globe, high-quality reserves and significant port
capacity, Contura Energy reliably supplies metallurgical coal to
produce steel. For more information, visit
www.conturaenergy.com.
FORWARD-LOOKING STATEMENTS
This news release includes forward-looking
statements. These forward-looking statements are based on
Contura's expectations and beliefs concerning future events and
involve risks and uncertainties that may cause actual results to
differ materially from current expectations. These factors are
difficult to predict accurately and may be beyond Contura's
control. Forward-looking statements in this news release or
elsewhere speak only as of the date made. New uncertainties
and risks arise from time to time, and it is impossible for Contura
to predict these events or how they may affect Contura. Except
as required by law, Contura has no duty to, and does not intend to,
update or revise the forward-looking statements in this news
release or elsewhere after the date this release is issued. In
light of these risks and uncertainties, investors should keep in
mind that results, events or developments discussed in any
forward-looking statement made in this news release may not
occur.
INVESTOR
CONTACT
investorrelations@conturaenergy.com
Alex Rotonen, CFA
423.956.6882
MEDIA
CONTACT
corporatecommunications@conturaenergy.com
Emily O'Quinn
423.573.0369
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SOURCE Contura Energy, Inc.