Management promotion at Alliance Resource Partners

Alliance Resource Partners, L.P.: Strong Performance in Third Quarter  Delivers Sequential Increases to Revenues, up 14.6%, Net Income, up 30.7%,  and EBITDA, up 14.6%; Doubles Quarterly Cash Distribution to $0.20 Per Unit;

 

Alliance Resource Partners, L.P. announced that Megan J. Cordle has been promoted to Vice President, Controller and Chief Accounting Officer.

Cordle succeeds Robert J. Fouch effective with his retirement on March 1, 2022.  Mindy M. Kerber will replace Cordle in the role of Vice President and Assistant Controller.

“Bob Fouch has been a key member of the Alliance team for over 40 years,” said Joseph W. Craft III.  “Bob’s leadership and dedication have been invaluable to the success enjoyed by ARLP and he has our deepest appreciation and gratitude for his many contributions.”

Since joining the Alliance organization in October 1999, Cordle has held several positions of increasing responsibility, most recently serving as Vice President and Assistant Controller. In her new role, Cordle assumes responsibility for ARLP’s accounting, tax and financial reporting functions.

Prior to joining Alliance, Mrs. Cordle held the position of Audit Manager with Deloitte & Touche LLP in Tulsa.  She is a certified public accountant and holds a Bachelor of Science in Accounting from the University of Tulsa.

Kerber joined ARLP’s financial reporting staff in May 2006 and most recently held the position of Director of Corporate Accounting.  Before joining Alliance, Mrs. Kerber worked with the audit services group in the Tulsa and Little Rock offices of Deloitte & Touche LLP.

Is Alliance Resource Partners, L.P. (ARLP) the Top Pick in the Thermal Coal  Industry?

ARLP not only is one of the nation’s largest coal mining firms but it also owns mineral interests in strategic oil & gas producing regions in the United States, primarily the Permian, Anadarko and Williston basin.

ARLP currently produces coal from seven mining complexes its subsidiaries operate in Illinois, Indiana, Kentucky, Maryland and West Virginia.  ARLP also operates a coal loading terminal on the Ohio River at Mount Vernon, Indiana.

Source: ARLP release