Alliance Resource Partners, L.P. Names Steven Schnitzer Senior Vice President, General Counsel and Secretary
February 27 2024 - 4:15PM
Business Wire
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 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240227353511/en/
Investor Relations Contact
Cary P. Marshall Senior Vice President and Chief Financial
Officer 918-295-7673 investorrelations@arlp.com
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