FORESIGHT ENERGY LP (NYSE:FELP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 25, 2019, Foresight Energy LP (the “Partnership”) announced the appointment of Ms. Lesslie H. Ray as a new member of the Board of Directors of Foresight Energy GP LLC, the general partner of the Partnership.The appointment is effective March 25, 2019.
Ms. Ray has served as the Chief Executive Officer for Greenway Wealth Management LLC since April of 2017.From April 2013 to April 2017, Ms. Ray worked on the Foresight Management LLC business development team, spending the majority of her time with various Foresight Energy related commercial and financial transactions.Prior to joining Foresight Management LLC, Ms. Ray worked in banking for JPMorgan Chase & Company and Bank of America Securities in capital markets focused on real estate.Ms. Ray earned her Bachelor of Business Administration from the University of Georgia as well as her Masters of Business Administration from University of North Carolina – Chapel Hill.
Greenway Wealth Management LLC is Trustee of four trusts, which are members of the Cline Trust Company LLC.Foresight Management LLC is an affiliate of The Cline Group.Relationships between the Partnership, Greenway Wealth Management LLC, the Cline Trust Company LLC, and The Cline Group and its affiliates are set forth under “Item 12. Security Ownership of Certain Beneficial Owners and Management Related Unitholder Matters” and “Item 13. Certain Relationships and Related Transactions and Director Independence” in the Partnership’s annual report on Form 10-K for the year ended December 31, 2018 filed with the Securities and Exchange Commission on February 27, 2019.
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Item 5.02 |
Financial Statements and Exhibits. |
Foresight Energy LP Exhibit
EX-99.1 2 felp-ex991_6.htm EX-99.1 felp-ex991_6.htm Exhibit 99.1 Foresight Energy LP Announces Appointment of a New Board Member ST. LOUIS,…
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About FORESIGHT ENERGY LP (NYSE:FELP)
Foresight Energy LP is engaged in the mining and marketing of coal from reserves and operations located in the Illinois Basin. The Company controls over three billion tons of coal in the state of Illinois. Its reserves consist principally of over three contiguous blocks of high heat content (high Btu) thermal coal, which are used for longwall operations. Thermal coal is used by power plants and industrial steam boilers to produce electricity or process steam. The Company operates over four underground mining complexes in the Illinois Basin, including Williamson, which is located in southern Illinois near the town of Marion; Sugar Camp, which is located in southern Illinois approximately 10 miles north of Williamson; Hillsboro, which is located in central Illinois near the town of Hillsboro, and Macoupin, which is located in central Illinois near the town of Carlinville. Williamson, Sugar Camp and Hillsboro are longwall operations, and Macoupin is a continuous miner operation.
