Printer Friendly

Westmoreland promotes Joseph Micheletti to COO.

Westmoreland Coal Company announced that it has promoted Joseph Micheletti to COO. Micheletti was most recently executive VP and Chief Technical Officer. Micheletti replaces Westmoreland's former COO, John Schadan. Separately, the board has engaged Jeffrey Stein to serve as Chief Investment Officer to help lead shareholder value initiatives. In addition, the board of directors has formed an Operations Committee to assist Westmoreland in fulfilling its responsibilities pertaining to matters most likely to affect shareholder value, including capital structure optimization, oversight of operational leadership and harnessing internal opportunities to drive greater value potential. To this end, Westmoreland recently engaged an external management consulting firm to review its business processes, make recommendations aimed at creating further efficiencies, and identify opportunities for driving greater value.

COPYRIGHT 2017 The Fly
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2017 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Fly
Geographic Code:5JAMA
Date:Oct 19, 2017
Words:122
Previous Article:Immune Design granted Orphan Drug Designation for G100s by the EMA.
Next Article:Celgene says GED-0301 phase III REVOLVE trial to discontinue.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters