TERRE HAUTE, Ind. - Hallador Energy Company (NASDAQ:HNRG) announced today the appointment of Marjorie Hargrave as its new Chief Financial Officer, effective April 10, 2024. Hargrave will take over from Lawrence D. Martin, who has served the company since 2007 and will aid in the transition process.
Hargrave brings a wealth of experience to Hallador Energy, having held senior financial positions at various companies within the energy sector. Her previous roles include CFO positions at Xcel Energy (NASDAQ:XEL), Black Hills (NYSE:BKH) Corporation, High Sierra Energy, CTAP, Enservco (NYSE:ENSV) Corporation, and most recently at Leanin’ Tree, Inc.
Brent Bilsland, Chairman and Chief Executive Officer of Hallador Energy, expressed his gratitude to Lawrence D. Martin for his seventeen years of dedication to the company, particularly highlighting Martin's significant role in Hallador's growth and transition into an independent power producer. Bilsland also conveyed his enthusiasm for welcoming Hargrave to the team, citing her broad expertise and in-depth finance knowledge as key to the company's ongoing transformation.
Hallador Energy, headquartered in Terre Haute, Indiana, operates through its subsidiary Sunrise Coal, LLC, which produces coal for the electric power generation industry. Additionally, its subsidiary Hallador Power Company, LLC, operates a 1GW facility at the Merom Generating Station.
The announcement comes as Hallador Energy continues to position itself for the future, with an emphasis on strategic leadership to steer the company through its next phase of development.
The information regarding this appointment is based on a press release statement from Hallador Energy.
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