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Alliance Resource Partners (ARLP) Announces Charles R. Wesley Retirement from Board; Named Director Emeritus

August 4, 2021 9:56 AM EDT

Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that Charles R. Wesley, Executive Vice President and Director of ARLP's general partner, has retired effective July 31, 2021. Mr. Wesley joined the Company in 1974 when he began working for Webster County Coal Corporation as an engineering co-op student, and rose through the ranks to become Senior Vice President – Operations in 1996, where he served until joining the Board of Directors in 2009 while also serving as Executive Vice President.

In recognition of Mr. Wesley's service to the Company and to continue to benefit from his counsel following his retirement, the Board designated Mr. Wesley with the honorary title of Director Emeritus, effective immediately following his retirement. As Director Emeritus, Mr. Wesley may attend Board and Board Committee meetings in an advisory capacity but will not vote on Board matters and will not be compensated.

"Charlie Wesley has been an important member of the Alliance team his entire career," said Joseph W. Craft III, Chairman, President and Chief Executive Officer. "Charlie's leadership over the years has been invaluable to the growth and success enjoyed by ARLP. Perhaps most importantly, Charlie's enthusiasm and work ethic became engrained in the Alliance culture, influencing leaders throughout our organization. He has our deepest appreciation and gratitude for his many contributions, and I am pleased he will remain part of our team as Director Emeritus."

The vacancy on the Board created by Mr. Wesley's retirement has not yet been filled.



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