BRISTOL, Tenn., Dec. 17, 2020 /PRNewswire/ — Contura Vitality, Inc. (NYSE: CTRA), a major U.S. provider of metallurgical products for the steel-creating industry, today introduced promotions within its executive management crew as section of the company’s extensive-term succession scheduling process.
Contura’s board of directors voted unanimously to advertise Andy Eidson to president and chief economical officer, productive December 14, 2020. Eidson will proceed his existing duties as main economical officer alongside with new responsibilities as president. Additionally, the board voted unanimously to promote Roger Nicholson to executive vice president, chief administrative officer, basic counsel and secretary, and Dan Horn to executive vice president of gross sales, both of those successful on December 14, 2020. In addition to his promotion, Horn will turn into a Section 16 officer of the corporation.
Contura’s chairman and main govt officer David Stetson praised the selections of the board. “As we appear at our extended-assortment preparing to solidify the sustainability and future achievement of the enterprise, I am delighted to announce these promotions between our executive workforce,” Stetson said. “Both Roger and Dan are entitled to added recognition for the fantastic employment they have finished inside their present roles, and advertising Andy to serve as president is each an exact reflection of the price he now delivers to the group and a vote of self esteem in his means to continue on improving his leadership abilities. Along with chief working officer Jason Whitehead, these individuals make up an superb govt administration staff. I look forward to continuing to work alongside them as we execute the company’s strategy very well into the long term.”
Eidson has served as govt vice president and main monetary officer for Contura because its July 2016 inception, and he beforehand held the similar purpose at Alpha Purely natural Assets. Prior to joining the govt leadership team at Alpha, Eidson served in a range of management roles for the organization in technique, organization enhancement, and mergers and acquisitions.
“I have been blessed with some outstanding opportunities more than the program of my career, and I am excited for this possibility to dig into the broader enterprise of this fantastic organization,” Eidson stated of his new position. “I think the adult men and gals who make up the Contura workforce are the finest in the business, and I contemplate it an honor to provide alongside this sort of a proficient group of industry experts. I welcome the possibility to continue partnering with our leading-notch executive team to achieve our strategic initiatives and hold transferring the firm ahead.”
Nicholson has served as government vice president, standard counsel and secretary of Contura because December 2019. Prior to becoming a member of Contura, he practiced regulation as a member of Steptoe & Johnson PLLC’s Charleston office environment and served in several senior executive legal roles in personal practice.
Horn has served as president of Contura Coal Profits, LLC because December 2019 and has led metallurgical coal revenue for the enterprise. He formerly served in a comparable part for Alpha Pure Resources, in which he led North American and export gross sales for more than a decade.
ABOUT CONTURA Energy
Contura Power (NYSE: CTRA) is a Tennessee-based coal supplier with affiliate mining functions across Virginia and West Virginia. With customers across the globe, large-good quality reserves and significant port capability, Contura Power reliably supplies metallurgical coal to deliver steel. For much more facts, visit www.conturaenergy.com.
This news launch includes ahead-wanting statements. These ahead-searching statements are based on Contura’s anticipations and beliefs regarding long term situations and contain threats and uncertainties that may possibly lead to actual benefits to vary materially from present expectations. These elements are tough to forecast correctly and could be over and above Contura’s regulate. Forward-wanting statements in this news release or elsewhere converse only as of the day designed. New uncertainties and threats come up from time to time, and it is not possible for Contura to forecast these activities or how they may perhaps impact Contura. Except as essential by law, Contura has no obligation to, and does not intend to, update or revise the forward-wanting statements in this information release or elsewhere following the date this launch is issued. In mild of these hazards and uncertainties, investors should keep in intellect that success, situations or developments talked about in any forward-hunting statement manufactured in this information release may well not arise.
Alex Rotonen, CFA
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Resource Contura Vitality, Inc.