Alpha Natural Resources Reports Results Of 2012 Annual Meeting of Stockholders
BRISTOL, Va., May 17, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR), a leading U.S. coal producer, announced the election of nine members to its board of directors at the company's annual meeting of stockholders held in Abingdon, Va. today. Elected directors include Kevin S. Crutchfield, chief executive officer of Alpha; William J. Crowley Jr.; E. Linn Draper, Jr.; Glenn A. Eisenberg; Deborah M. Fretz; P. Michael Giftos; Joel Richards, III; James F. Roberts; and Ted G. Wood. Biographies for all directors can be found in the Proxy Statement or on the company's Web site at www.alphanr.com. Each of these directors will serve a one-year term.
Effective following the annual meeting of stockholders Kevin S. Crutchfield became the company's chairman of the board. Michael J. Quillen, the previous chairman and Alpha's founder, did not stand for re-election. Mr. Crutchfield commented, "It's impossible to thank Mike enough for what he's done—for the company, and especially for the miners who do the tough work to unearth one of this nation's most vital energy resources. Mike has been a relentless advocate for safety and has earned the respect and admiration of so many inside and outside the industry. He has served as an exceptional role model for all of us who believe in treating each and every employee with dignity and respect."
Stockholders also approved the 2012 Long-Term Incentive Plan and approved the Company's executive compensation. Additionally, stockholders ratified KPMG LLP as the company's independent registered public accounting firm for the fiscal year ending Dec. 31, 2012.
About Alpha Natural Resources
With $7.1 billion in total revenue in 2011, Alpha Natural Resources ranks as America's second-largest coal producer by revenue and third-largest by production. Alpha is the nation's largest supplier of metallurgical coal used in the steel-making process and is a major supplier of thermal coal to electric utilities and manufacturing industries. In 2011 the company had more than 200 customers on five continents. More information about Alpha can be found on the company's Web site at www.alphanr.com.
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