Brian Sullivan resigned from his position of CEO and vice president at Alpha Natural Resources last week, nearly a month after the coal company filed for Chapter 11 Bankruptcy.
Sullivan has yet to comment on his departure, but the Pittsburgh Business Times reports a filing with the Securities and Exchange said he left the company to “pursue another employment opportunity.”
According to the company’s website, which has since been removed, Sullivan worked as Alpha Natural Resource’s CEO and executive vice president since 2012.
Alpha Natural Resources employs about 500 people in region, making it the 11th largest energy company in Pennsylvania. The company’s Emerald Mine in Greene County is fated to close this year following the Chapter 11 filing to “reorganize the company’s finances without creditor lawsuits.”
“While a difficult decision, this voluntary Chapter 11 filing is the right strategy at the right time for the future of our business,” Alpha CEO Kein Crutchfield said in a statement following the August 3 filing. “It will enable us to build on the significant steps we have taken over the past several years to restructure our debt and protect our operations. I am confident Alpha will emerge from this process as a stronger company, with a diversified resource base and better positioned for the future.”