Corsa Coal Announces CEO Transition
Corsa Coal Corp., announced George G. Dethlefsen will step down as CEO and a member of the Board of Directors to pursue other opportunities.
Peter V. Merritts, current President of the Northern Appalachia Division, will take over as CEO and a director of the Company effective July 12, 2019.
"On behalf of the Board of Directors, I would like to thank George for his contributions to Corsa, in particular for the role he played in guiding the Company as Chief Executive Officer over the last five years. We wish him all the best in the future," said Robert C. Sturdivant, Chairman of the Board of Directors. "The Board of Directors will be working closely with Mr. Merritts and the senior management team during the transition period, while the Company continues to focus on increasing shareholder value through improved operational, financial and other strategic opportunities."
Merritts has been responsible for Corsa's metallurgical coal operations in Pennsylvania and Maryland since February 2015 and has over 40 years of experience in the coal industry.