0001086600falseALLIANCE RESOURCE PARTNERS LP00010866002024-02-272024-02-27

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT TO

SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): February 27, 2024

ALLIANCE RESOURCE PARTNERS, L.P.

(Exact name of registrant as specified in its charter)

Delaware

73-1564280

(State or other jurisdiction of
incorporation or organization)

Commission
File No.: 0-26823

(IRS Employer
Identification No.)

1717 South Boulder Avenue, Suite 400, Tulsa, Oklahoma 74119

(Address of principal executive offices and zip code)

(918) 295-7600

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Units

ARLP

The NASDAQ Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

ITEM 5.02.

DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

As announced on February 27, 2024, R. Eberley Davis stepped down from his position as Senior Vice President, General Counsel and Secretary of Alliance Resource Management GP, LLC ("MGP"), the general partner of Alliance Resource Partners, L.P. (the "Partnership"), effective March 1, 2024.  Mr. Davis will remain with the Partnership in a part-time capacity.

ITEM 7.01.    REGULATION FD DISCLOSURE.

As announced on February 27, 2024, Steven Schnitzer was appointed Senior Vice President, General Counsel and Secretary of MGP, effective March 1, 2024.

On February 27, 2024, the Partnership issued a press release announcing Mr. Schnitzer's appointment and Mr. Davis stepping down. 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.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

Exhibit
Number

 

Description

99.1

Alliance Resource Partners, L.P. press release dated February 27, 2024.

104

Cover Page Interactive Data File (formatted as inline XBRL).

2

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 hereunto duly authorized.

Alliance Resource Partners, L.P.

By:

Alliance Resource Management GP, LLC,

its general partner

By:

/s/ Joseph W. Craft III

Joseph W. Craft III

President, Chief Executive Officer

and Chairman

Date: March 1, 2024

3

Exhibit 99.1

PRESS RELEASE

Graphic

FOR IMMEDIATE RELEASE

Alliance Resource Partners, L.P.

Names Steven Schnitzer Senior Vice President, General Counsel and Secretary

TULSA, OKLAHOMA, February 27, 2024 – Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that Steven Schnitzer will join ARLP as Senior Vice President, General Counsel and Secretary of Alliance Resource Management GP, LLC, the general partner of ARLP, on March 1, 2024 to lead ARLP's legal activities.  

"Mr. Schnitzer is well-known to ARLP and several members of our management team," said Joseph W. Craft III, Chairman, President and Chief Executive Officer.  "Steven was involved in 1996 in the leveraged buy-out of MAPCO Coal, Inc. (now ARLP) and thereafter regularly represented ARLP and our affiliates in a wide array of M&A, corporate finance, joint venture and other matters until 2014 when he left private practice to become general counsel of what was then an NYSE-listed limited partnership in the midstream business. He is a seasoned general counsel. I am excited about Steven joining our senior management team and believe his transactional expertise on behalf of companies in the natural resources space as well as in the energy transition space will be valuable to ARLP as we continue to pursue our strategic growth plans."

Mr. Schnitzer previously served as Senior Vice President, General Counsel and Secretary of the general partner of both Arc Logistics Partners, LP (NYSE: ARCX), formerly a publicly-traded limited partnership engaged in the midstream business, from February 2014 through the completion of its sale in December 2017, and Lightfoot Capital Partners, LP, the private equity sponsor of Arc Logistics Partners, from February 2014 through the completion of the sale of all its portfolio company investments in December 2018.  From January 2019 through August 2023, Schnitzer served as Private Energy - General Counsel and Managing Director (or initially Director) of Tortoise Capital Advisors, L.L.C., which (together with its affiliates) is an energy and power infrastructure and energy transition asset management and advisory firm, and from September 2020 to August 2023 also served in a similar capacity on behalf of Tortoise Capital's affiliate, Ecofin Investments, LLC. While at Tortoise Capital, Mr. Schnitzer also served as Vice President, General Counsel and Secretary of Tortoise Acquisition Corp. (NYSE: SHLL), Tortoise Acquisition Corp. II (NYSE: SNPR) and TortoiseEcofin Acquisition Corp. III (NYSE:  TRTL), which were special purpose acquisition corporations sponsored by affiliates of Tortoise Capital that evaluated or completed business combinations in the energy transition space. From June to August 2022, Mr. Schnitzer also served as the Interim General Counsel (or at times Special Counsel) of Volta Inc. (NYSE:  VLTA), a developer and operator of EV charging station infrastructure that completed its business combination with Tortoise Acquisition Corp. II in August 2021. Most recently, Mr. Schnitzer served as Chief Legal Officer and Secretary of Onyx Renewable Partners L.P., a commercial and industrial solar generation and battery storage developer, from September to December 2023.  Schnitzer began

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his career at Debevoise & Plimpton, LLP in New York City, where he was an Associate in the Corporate Finance Department from 1988 to 1994. He was an Associate from 1994 and a Partner from 1997 to 2000 in the Corporate Group of Washington, DC-based Crowell & Moring LLP.  From 2001 to January 2014, Mr. Schnitzer was the Chair of the Corporate Group of the Washington, DC office of Katten Muchin Rosenman LLP.

Mr. Schnitzer will succeed R. Eberley Davis, who will relinquish his legal responsibilities for the Partnership after seventeen years of exemplary service.  Mr. Davis will remain with ARLP in a part-time capacity to continue to provide executive oversight to our self-administered, self-insured, and self-managed Health Care Plan and other strategic matters.

"Since 2007, Eb has managed our legal affairs and played an integral role in the success of ARLP as a trusted advisor to me, management and our Board," said Mr. Craft.  "On behalf of our Board and the entire ARLP family of employees, I want to extend our gratitude to Eb for his leadership for legal affairs and we are grateful he will continue, in a reduced role, to add value to me and our Partnership."

About Alliance Resource Partners, L.P.

ARLP is a diversified energy company that is currently the largest coal producer in the eastern United States, supplying reliable, affordable energy domestically and internationally to major utilities, metallurgical and industrial users. 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 evolving and positioning itself as a reliable energy partner for the future by pursuing opportunities that support the advancement of energy and related infrastructure.

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) 295-7673 or via e-mail at investorrelations@arlp.com.

Investor Relations Contact

Cary P. Marshall

Senior Vice President and Chief Financial Officer

918-295-7673

investorrelations@arlp.com

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v3.24.0.1
Document and Entity Information
Feb. 27, 2024
Document - Document and Entity Information  
Document Type 8-K
Document Period End Date Feb. 27, 2024
Entity File Number 0-26823
Entity Registrant Name ALLIANCE RESOURCE PARTNERS LP
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 73-1564280
Entity Address, Address Line One 1717 South Boulder Avenue
Entity Address, Adress Line Two Suite 400
Entity Address, State or Province OK
Entity Address, City or Town Tulsa
Entity Address, Postal Zip Code 74119
City Area Code 918
Local Phone Number 295-7600
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Units
Trading Symbol ARLP
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Entity Central Index Key 0001086600
Amendment Flag false

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