Alliance Resource Partners, L.P. Announces CFO Transition
09 December 2022 - 08:05AM
Business Wire
Alliance Resource Partners, L.P. (NASDAQ: ARLP) (“Alliance” or
the “Partnership”) announced today that the Board of Directors of
its general partner, Alliance Resource Management GP, LLC, has
appointed Cary P. Marshall as Senior Vice President and Chief
Financial Officer effective April 1, 2023. The appointment follows
the Partnership’s previously announced retirement and succession
plan for Brian L. Cantrell, current Chief Financial Officer. Mr.
Cantrell will remain with Alliance through March 31, 2023, to
facilitate an orderly transition.
“We extend our thanks and appreciation to Brian for his
leadership, service, and contributions to Alliance over the past 19
years,” said Joseph W. Craft III, Chairman, President and Chief
Executive Officer. “Brian played a critical role in the
Partnership’s growth and financial strength during his tenure, and
we wish him and his family all the best in his retirement.”
"As we transition Brian’s duties and responsibilities, we are
fortunate to have a talented, proven, and capable leader like Cary
fully-ready to step-in," added Mr. Craft. "We are confident that
Cary's extensive knowledge of the business coupled with more than
three decades of related experience will allow us to maintain our
financial discipline and principles while advancing the performance
and practices of the organization."
Mr. Marshall has served as Alliance's Vice President, Corporate
Finance and Treasurer since May 2003. Mr. Marshall joined
Alliance’s predecessor entity, MAPCO Inc., in 1989 and has since
held multiple positions across corporate finance and marketing. Mr.
Marshall is an alumnus of Southern Methodist University, where he
received a Bachelor of Business Administration degree and a Master
of Business Administration degree.
About Alliance Resource Partners, L.P.
ARLP is a diversified energy company that is currently the
second largest coal producer in the eastern United States. ARLP
also generates operating and royalty income from mineral interests
it owns in strategic coal and oil & gas producing regions in
the United States. In addition, ARLP is positioning itself as an
energy provider for the future by leveraging its core technology
and operating competencies to make strategic investments in the
fast-growing energy and infrastructure transition.
News, unit prices and additional information about ARLP,
including filings with the Securities and Exchange Commission
("SEC"), are available at www.arlp.com. For more information,
contact the investor relations department of ARLP at (918) 295-7674
or via e-mail at investorrelations@arlp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20221208006021/en/
Cary Marshall Alliance Resource Partners, L.P. (918)
295-7600
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