Contura Energy Makes Leadership Changes and Additions
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Contura Energy has made a number of changes to both its board of directors and senior management.
The company’s board of directors took action to reconfigure the board’s composition, reducing its size to five members, including one vacancy, while reserving the ability to increase the board’s size and appoint one or more additional board members in the future.
In order to assist with the board’s reconfiguration, Anthony Orlando, Harvey L. Tepner, Michael Ward, and previous board chair Neale X. Trangucci, have each voluntarily resigned from the board. None of their resignations was the result of any disagreement with Contura on any matter relating to the company’s operations, policies or practices.
Subsequently, Contura’s remaining board members, David J. Stetson, who is Contura’s chief executive officer, Albert E. Ferrara, Jr., Daniel J. Geiger, and John E. Lushefski, unanimously elected David Stetson as chairman of the board and John Lushefski as lead independent director.
“These changes to our board structure and membership begin an effort to better align our board’s size, industry experience, and market expertise with the company’s strategic focus going forward. I thank our departing board members for the significant contributions each made during their service on behalf of our diverse stakeholders,” said chairman and chief executive officer, David Stetson.
The company also made two changes to its executive management team.
Contura’s current executive vice president and chief operating officer, Scott Kreutzer, will transition to a newly created position of executive vice president and chief strategy officer. In this role, Kreutzer will lead the strategic planning and development efforts for the company and continue to serve on Contura’s management team. Kreutzer has served in his current role at Contura since January 2018, having previously served in various other senior leadership roles at Contura and its predecessor company, Alpha Natural Resources, since 2011.
Joining Contura’s management team as the company’s new executive vice president and chief operating officer, will be Jason Whitehead, former chief operating officer at Alpha Natural Resources. Whitehead brings nearly twenty years of Central Appalachian (CAPP) and Northern Appalachian (NAPP) coal mining experience to the role, more than a decade of which he served in senior operational management positions within the industry.
“Scott’s skillset and strong business acumen are perfect for this new role to help bolster Contura’s readiness in identifying and capitalizing on strategic opportunities to best position ourselves within both domestic and international coal markets,” said Stetson.
“Additionally, Jason’s depth of coal mining experience, particularly with many of Contura’s existing high value met operations, will be a great addition to an already top-notch management team and a true asset to the organization,” added Stetson.
About Contura Energy
Contura Energy is a Tennessee-based coal supplier with affiliate mining operations across major coal basins in Pennsylvania, Virginia, and West Virginia. With customers across the globe, high-quality reserves and significant port capacity, Contura Energy reliably supplies both metallurgical coal to produce steel and thermal coal to generate power.
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