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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.

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Publication:The Fly
Geographic Code:5JAMA
Date:Oct 19, 2017
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