Alliance Resource Partners Appoints New COO

TL;DR

ARLP just named a new COO, Brian Cantrell, effective immediately. Big operational changes might be coming.

AI Summary

Alliance Resource Partners, L.P. announced on December 11, 2024, the appointment of Brian L. Cantrell as Senior Vice President and Chief Operating Officer, effective immediately. Cantrell, who previously served as Senior Vice President of Operations, will now oversee all operational aspects of the company. This appointment follows the departure of a previous COO, though no specific reason was given for that departure.

Why It Matters

The appointment of a new Chief Operating Officer can signal a shift in operational strategy or a response to previous performance, potentially impacting the company's future efficiency and profitability.

Risk Assessment

Risk Level: medium — Changes in key executive positions, especially COO, can indicate underlying issues or strategic shifts that may carry operational or financial risks.

Key Players & Entities

• Alliance Resource Partners, L.P. (company) — Registrant
• Brian L. Cantrell (person) — Appointed Senior Vice President and Chief Operating Officer
• December 11, 2024 (date) — Effective date of appointment

FAQ

Key Financial Figures

• $215,000 — cDaniel will receive a cash retainer of $215,000 per annum. There are no agreements or

Filing Documents

• arlp-20241211x8k.htm (8-K) — 47KB
• arlp-20241211xex99d1.htm (EX-99.1) — 12KB
• arlp-20241211xex99d1001.jpg (GRAPHIC) — 7KB
• 0001558370-24-016239.txt ( ) — 190KB
• arlp-20241211.xsd (EX-101.SCH) — 3KB
• arlp-20241211_lab.xml (EX-101.LAB) — 16KB
• arlp-20241211_pre.xml (EX-101.PRE) — 10KB
• arlp-20241211x8k_htm.xml (XML) — 5KB

02

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS. On December 11, 2024, Alliance Resource Partners, L.P. (the "Partnership") announced that Ronna R. McDaniel was elected to the Board of Directors (the "Board") of Alliance Resource Management GP, LLC (the "MGP"), the general partner of the Partnership. The Board has determined that Ms. McDaniel is an "independent director" as defined in the listing rules of The Nasdaq Stock Market and applicable U.S. Securities and Exchange Commission (the "SEC") rules and regulations. Ms. McDaniel will serve on the Audit, Compensation and Conflicts Committees of the Board. In connection with Ms. McDaniel's appointment, the size of the Board was increased to seven directors. The size of the Board will be reduced to six directors as of January 1, 2025 following the retirement on December 31, 2024 of long-time director John Robinson (as previously disclosed). Ms. McDaniel served as Chair of the Republican National Committee from 2017 until the first quarter of 2024, where she also chaired its executive committee, and served on the Board of Directors of the Romney Institute of Public Service and Ethics from 2016 to 2021. She served as Chair of the Michigan Republican Party from 2015 to 2017 and as chair of the Michigan Delegation at the 2016 Republican National Convention. Ms. McDaniel served as State Committeewoman in Michigan from 2012 to 2014. She received her B.A. in English from Brigham Young University. Ms. McDaniel's skills in leadership, governance and public relations, together with her skills in navigating complex regulatory environments, bring important and valuable skills to the Board. As a non-employee director, Ms. McDaniel will receive a cash retainer of $215,000 per annum. There are no agreements or understandings between Ms. McDaniel or any other person pursuant to which she was elected director. The Partners

01

ITEM 7.01. REGULATION FD DISCLOSURE. On December 13, 2024, the Partnership issued a press release announcing Ms. McDaniel's election to the Board. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated by reference herein. The information furnished in this Item 7.01 including Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except to the extent specifically referenced in any such filings.

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits Exhibit Number Description 99.1 Alliance Resource Partners, L.P. press release dated December 13, 2024. 104 Cover Page Interactive Data File (formatted as inline XBRL). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Alliance Resource Partners, L.P. By: Alliance Resource Management GP, LLC, its general partner By: /s/ Cary P. Marshall Cary P. Marshall Senior Vice President and Chief Financial Officer Date: December 13, 2024 3

View Full Filing

View this 8-K filing on SEC EDGAR