Alpha Metallurgical signs new employment agreements with CEO and four executives
On January 31, 2025, Alpha Metallurgical Resources signed amended and restated employment agreement with CEO C. Andrew Eidson and new employment agreements with four other executives, all running through January 31, 2028. The company said the agreements are meant to promote retention and leadership stability, and they set base salaries, bonus targets, and severance terms.
Key points
- CEO C. Andrew Eidson's annual base salary is $1,000,000; the other executives' salaries range from $500,000 to $750,000.
- Base salaries automatically rise 5% each January 1 during the term, and each agreement renews for successive 1-year terms unless either party gives at least 90 days' notice.
- Severance without cause or for good reason is 2 times base salary plus bonus for the CEO and 1.5 times for the other executives; within 90 days before to 12 months after a change in control, the CEO's amount rises to 2.5 times.
- Each executive agrees not to compete for two years after employment ends.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 31, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.