Westmoreland Coal (WLB) Posts Q3 GAAP Loss of $2.95/Share
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Westmoreland Coal (WLB) CEO Alessi to Retire; Successor Named
October 23, 2015 7:06 AM EDTWestmoreland Coal (NASDAQ: WLB) announced today that Keith E. Alessi, 61, Chief Executive Officer, has announced his intent to retire effective December 31, 2015. Mr. Alessi will remain an employee of the company as CEO Emeritus. He will be responsible for providing strategic support to both the Board of Directors and management, as well as maintaining key relationships and evaluating business development opportunities.
The Board of Directors has named Kevin A. Paprzycki, the companys Chief Financial Officer, as Chief Executive Officer effective as of January 1, 2016. It is intended that Mr. Paprzycki will also... More
