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Westmoreland Coal CEO Keith E. Alessi to retire

Staff writer |
Englewood, Co., USA - October 26, 2015, Englewood, Co., USA - Westmoreland Coal Company announced that Keith E. Alessi, chief executive officer, has announced his intent to retire from December 31, 2015.

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Mr. Alessi will remain an employee of the company as CEO Emeritus. He will be responsible for providing strategic support to both the Board of Directors and management, as well as maintaining key relationships and evaluating business development opportunities.

Mr. Alessi has led Westmoreland since 2007. In addition to his work with Westmoreland, he was an adjunct lecturer at the Ross School of Business at the University of Michigan, Virginia Military Institute, and Southern Virginia University as well as an adjunct professor at the Washington and Lee University Law School.

Prior to joining Westmoreland, Mr. Alessi had served as a senior executive officer for over 30 years at a number of public and private companies. He currently serves as a member of the board of directors of MWI Veterinary Supply and has served as a director on numerous other private and public company boards over the past 30 years.

Mr. Alessi has a MBA from the University of Michigan and a BS from Wayne State University. He is also a Certified Public Accountant.

The Board of Directors has named Kevin A. Paprzycki, the company’s Chief Financial Officer, as Chief Executive Officer effective as of January 1, 2016. It is intended that he will also be elected to serve on the Board of Directors concurrent with the transition.

Mr. Paprzycki joined Westmoreland as Controller and Principal Accounting Officer in June 2006 and was named Chief Financial Officer in April 2008.

Previously, he served as Chief Financial Officer of Evans and Sutherland Computer Corporation and held senior level positions at Applied Films Corporation, Baker Hughes and Ernst and Young.

Mr. Paprzycki holds a Bachelor of Science in Accountancy from Case Western Reserve University and a MBA from the University of Utah.

John Schadan has been promoted to President and Chief Operating Officer to oversee global operations for the company from January 1, 2016.

Mr. Schadan joined Westmoreland in April 2014 as Senior Vice President, Canada Operations, was promoted to Executive Vice President in August 2014 and President – Canada in March 2015. His career has encompassed both the western Canadian coal business as well as engineering and construction for a major international firm.

Mr. Schadan holds a degree in mining engineering from Queen’s University.

Jason Veenstra, who also joined Westmoreland in April 2014 as part of the Canadian acquisition, has been promoted to Chief Financial Officer from January 1, 2016.

Mr. Veenstra joined Westmoreland in April 2014 as CFO – Canada. At Sherritt International, he held roles which included Director of Business Development and Chief Financial Officer for the coal division.

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