Alpha Metallurgical Resources, Inc. announced the upcoming appointments of Joanna Baker de Neufville and Michael Gorzynski to the Company's Board of Directors, effective January 1, 2023. The Company previously announced that Andy Eidson will also join the Board upon assuming the chief executive officer role on January 1, 2023. Upon the appointments of the three new directors, the Board will temporarily expand to 10 members through next year's Annual Meeting of Stockholders.

The Board is expected to contract to nine members following the 2023 Annual Meeting and is expected to remain at that size through at least the 2024 Annual Meeting. Ms. Baker de Neufville has been appointed, effective upon joining the Board, to the audit committee and the safety, health and environmental committee and, Mr. Gorzynski has been appointed to the compensation committee and the nominating and corporate governance committee. Additionally, Alpha announced the company's slate of director candidates for the 2023 Annual Meeting.

The following individuals will be nominated to serve as directors: Kenneth S. Courtis, Andy Eidson, Albert E. Ferrara, Jr., Elizabeth Fessenden, Michael Gorzynski, Joanna Baker de Neufville, Michael J. Quillen, Danny Smith and David J. Stetson. Current director Scott Vogel has elected not to stand for election at the 2023 Annual Meeting. Joanna Baker de Neufville is a principal of the investment fund De Neufville and Company, L.P., where she oversees the firm's investment portfolio.

Prior to joining De Neufville & Company in 2020, she worked for three years as a strategy consultant. Prior to that, she served as chief operating officer and chief financial officer of the Tamara Mellon Brand. Before that, Ms. Baker de Neufville co-founded and was chief executive officer of HealthLeap, an online medical portal, which she sold in 2011.

Ms. Baker de Neufville began her career in the equities division at Goldman Sachs. She received an MBA from Harvard Business School and a BA from Dartmouth College. She serves as a board member of The Society of Memorial Sloan Kettering Cancer Center and The Roxiticus Foundation.

Michael Gorzynski is the founder and managing partner of MG Capital Management, a significant shareholder of Alpha. He also serves as executive chairman of Continental General Insurance Company. Prior to forming MG Capital Management in 2011, Mr. Gorzynski was an investor in special situations globally at Third Point LLC.

Earlier in his career, he worked in investment banking at Credit Suisse First Boston and Spectrum Equity Investors. He received an MBA from Harvard Business School and a BA from The University of California, Berkeley.