Business Context and Reporting Period
This Form 8-K was filed by Alpha Metallurgical Resources, Inc. on January 25, 2023. The report addresses Item 5.02 regarding the adjustment of compensatory arrangements for certain executive officers following a review by the Company's compensation committee.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to executive compensation adjustments and does not contain financial performance data.
Material Changes
The compensation committee increased the base salaries of two executive officers, effective January 16, 2023:
- Jason E. Whitehead (President and Chief Operating Officer): Base salary increased from $650,000 to $700,000.
- J. Todd Munsey (Executive Vice President and Chief Financial Officer): Base salary increased from $425,000 to $460,000.
All other terms of their compensation arrangements and the compensation of other executive officers remain unchanged.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on operations, risks, contingencies, or unusual items.
Investor Verification Points
- Confirm the effective date of the salary increases (January 16, 2023).
- Verify that no other executive compensation terms were altered.
- Note that this filing does not impact reported financial metrics for the period.