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Contura Energy downsizes board, makes executive changes


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Contura Energy downsizes board, makes executive changes

Contura Energy Inc. on Aug. 13 announced board and executive changes.

The company reduced the size of its board from nine directors to five directors, including one vacancy.

With this reconfiguration, Neale Trangucci, Anthony Orlando, Harvey Tepner and Michael Ward voluntarily resigned from the board, effective Aug. 12. The resignations were not due to any disagreement with the company.

The remaining board members — David Stetson, Albert Ferrara Jr., Daniel Geiger and John Lushefski — elected Stetson as chairman of the board and Lushefski as lead independent director, effective Aug. 12.

"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," said Contura Chairman and CEO David Stetson.

The company's nominating and corporate governance committee was asked to identify and review potential candidates to join the board in the near term.

On the management side, J. Scott Kreutzer was appointed to take on a newly created role of executive vice president and chief strategy officer, effective Aug. 14. He has served as executive vice president and COO of the company since January 2018.

Jason Whitehead was named executive vice president and COO to succeed Kreutzer. Whitehead was previously COO and senior vice present of operations for Alpha Natural Resources Holdings Inc. from July 2016 until its merger with the Contura in November 2018.

Both Kreutzer and Whitehead will report directly to Stetson.