The new, reorganized Alpha will be a smaller, privately held company operating 18 mines and eight prep plants in West Virginia and Kentucky. David Stetson, who was appointed CEO of the reorganized company, said, “By completing this restructuring, ANR emerges as a company with a solid financial foundation and a strong team to continue to mine and sell coal. We are now also better positioned to satisfy ANR’s environmental responsibilities.”
Stetson is a veteran coal executive whose experience includes finance, mergers and acquisitions, corporate governance, legal, and reclamation. He most recently held leadership positions with Trinity Coal, RAAM Global Energy and JW Resources.
Alpha and its affiliates will have offices in Julian, West Virginia, and Kingsport, Tennessee, supporting operations at 14 mining complexes in Central Appalachia.
