Alliance Resource Partners, L.P. (ARLP) has announced the appointment of Steven Schnitzer as the new senior vice president, general counsel, and secretary of Alliance Resource Management GP, LLC, the general partner of ARLP. Schnitzer, who is set to join the company on March 1, 2024, brings a wealth of experience, having been involved in the leveraged buy-out of mapco coal, inc. (now ARLP) in 1996 and subsequently representing ARLP and its affiliates in various M&A, corporate finance, joint venture, and other matters until 2014.
Prior to joining ARLP, Schnitzer served as senior vice president, general counsel, and secretary of the general partner of both ARC Logistics Partners, LP (NYSE: ARCX) and Lightfoot Capital Partners, LP. He also held the position of private energy * general counsel and managing director of Tortoise Capital Advisors, L.L.C., and its affiliates, as well as serving as vice president, general counsel, and secretary of several special purpose acquisition corporations sponsored by affiliates of Tortoise Capital.
Schnitzer's appointment comes as he succeeds R. Eberley Davis, who will be relinquishing his legal responsibilities after seventeen years of service, although he will continue to provide executive oversight for ARLP's self-administered, self-insured, and self-managed health care plan and other strategic matters in a reduced capacity.
Joseph W. Craft III, Chairman, President, and Chief Executive Officer of ARLP, expressed his excitement about Schnitzer joining the senior management team and believes his transactional expertise in the natural resources and energy transition spaces will be valuable as the company continues to pursue its strategic growth plans.
ARLP, a diversified energy company, is currently the largest coal producer in the eastern United States, supplying energy domestically and internationally to major utilities, metallurgical, and industrial users. The company also generates operating and royalty income from mineral interests it owns in strategic coal and oil & gas producing regions in the United States. ARLP is also positioning itself as a reliable energy partner for the future by pursuing opportunities that support the advancement of energy and related infrastructure.
For the full picture, make sure to review Alliance Resource's 8-K report.