WESTMORELAND COAL COMPANY (NASDAQ:WLB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 7.01. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 6, 2018, Gary A. Kohn, Chief Financial Officer and Principal Financial Officer of Westmoreland Coal Company (the “Company”), notified the Company that he was resigning from his position, effective as of January 4, 2019. Mr. Kohn’s resignation was not the result of any disagreement with the Company. A search for a new Chief Financial Officer and Principal Financial Officer is in process.
Item 7.01 Regulation FD Disclosure.
On December 12, 2018, the Company issued a press release announcing Mr. Kohn’s resignation. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
In accordance with General Instruction B.2 of Form8-K,the information furnished to this Item 7.01, including Exhibit 99.1 furnished herewith, shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 7.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit Number |
Description |
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Press Release dated December 12, 2018 |
WESTMORELAND COAL Co Exhibit
EX-99.1 2 f8k121218_exh991.htm EXHIBIT 99.1 Exhibit EXHIBIT 99.1 News Release Westmoreland Announces Resignation of Chief Financial Officer Englewood,…
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About WESTMORELAND COAL COMPANY (NASDAQ:WLB)
Westmoreland Coal Company is an energy company. The Company operates through six segments: Coal – U.S., Coal – Canada, Coal – Westmoreland Resource Partners, LP (WMLP), Power, Heritage and Corporate. Coal – U.S. segment includes the operations of coal mines located in Montana, North Dakota, Ohio, Texas and New Mexico. Coal – Canada segment includes the operations of coal mines located in Alberta and Saskatchewan. Coal – WMLP segment includes the operations of Westmoreland Resource Partners, LP, a coal master limited partnership. Power segment includes its Roanoke Valley Power Facility (ROVA) operations located in North Carolina. Heritage segment includes the benefits the Company provides to former mining operation employees, as well as other administrative costs associated with providing those benefits and cost containment efforts. Corporate segment consists of corporate administrative expenses.
