Alpha Metallurgical announces changes to board of directors

Per the company’s corporate governance guidelines, director candidates may not stand for election beyond the age of 75 years. Having reached this age limit, Michael J. Quillen and Albert E. Ferrara, Jr. will not stand for election at the 2024 annual meeting of stockholders and will leave the board, effective before market open on Monday, February 26, 2024, after significant tenures. Ferrara, the company’s longest-serving director, has served on the board since the company’s formation in July 2016, while Quillen, who founded predecessor company Alpha Natural Resources in 2002, has served since November 2020. In addition, Elizabeth Fessenden, a director since February 2021, has elected to step down from the board, effective before market open on February 26, 2024. None of these departures is a result of disagreements with the company. In connection with these departures, the board has determined to reduce its size from nine directors to seven, effective February 26, 2024. Additionally, a new director, Shelly Lombard, has been appointed to join the board, effective at market close on February 26, 2024. Lombard has been appointed, effective upon joining the board, as chair of the audit committee. Gorzynski has been appointed lead independent director, effective February 26, 2024.