Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 18, 2026, as part of its long-term succession process, the Board of Directors (the “Board”) of Core Natural Resources, Inc.…
Filed Aug 19, 2026Accepted Aug 19, 2026, 8:04 AM EDTCIK 1710366Accession 0001193125-26-356186
Core Natural Resources, Inc. (NYSE: CNR) is a world-class producer of high-quality metallurgical and high calorific value thermal coals for the global marketplace. Core’s highly skilled workforce operates a best-in-sector portfolio of large-scale, low-cost longwall mines, including the Pennsylvania Mining Complex, Leer, Leer South, and West Elk mines, along with one of the world’s largest and most productive surface mines, Black Thunder. The company plays an essential role in meeting the world’s growing need for steel, infrastructure, and energy, while simultaneously serving the resurgent requirements of the U.S. power generation fleet. Core has an extensive and strategic logistical network - anchored by ownership positions in two East Coast marine export terminals - that provides reliable and efficient access to seaborne coal markets. The company’s deeply ingrained culture is grounded in safety and compliance, continuous improvement, and financial performance, with an emphasis on stakeholder engagement and stockholder returns. Core was created in January 2025 via the merger of long-time industry leaders CONSOL Energy and Arch Resources and is based in Canonsburg, Pennsylvania.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 18, 2026, as part of its long-term succession process, the Board of Directors (the “Board”) of Core Natural Resources, Inc. (the “Company”) appointed Nathan Tucker to serve as the Company’s Senior Vice President and Chief Financial Officer, effective immediately, taking over the Chief Financial Officer role from Mitesh Thakkar, who will continue to serve as President of the Company and is assuming an expanded role with day-to-day responsibility for the Company’s primary operating functions, including operations, marketing, logistics, and long-term strategy.
Mr. Tucker, age 39, has served as the Company’s vice president of finance since the Company’s formation in January 2025 via the merger of CONSOL Energy Inc. (“CONSOL”) and Arch Resources, Inc. He previously served as director of finance and investor relations for CONSOL from 2020 until January 2025 after joining CONSOL in 2010.
In connection with Mr. Tucker’s appointment, the Board approved a new compensation package for Mr. Tucker to increase his annual base salary to $400,000, his target short-term incentive compensation opportunity to 65% of his annual base salary, and his long-term incentive compensation opportunity to 125% of his annual base salary.
Mr. Tucker also received a severance agreement (the “Severance Agreement”) in connection with his appointment, which contains substantially the same terms and conditions as the severance agreements entered into with the Company’s other executive officers.
The foregoing description of the Severance Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the form severance agreement, which was filed as Exhibit 10.72 with the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On August 19, 2026, the Company issued a press release announcing its executive succession plan and the appointment of Mr. Tucker as the Company’s Senior Vice President and Chief Financial Officer, which is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
The information contained in this Item 7.01 and Exhibit 99.1 shall be considered “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended, nor shall it be deemed incorporated by reference into any reports or filings with the Securities and Exchange Commission, whether made before or after the date hereof, except as expressly set forth by specific reference in such a filing.
Filed exhibits (1)
EX-99.1 (by filename) d113945dex991.htm
EX-99.1
2
d113945dex991.htm
EX-99.1
EX-99.1
Exhibit 99.1
Core Natural Resources Advances its Executive Succession Plan
Thakkar assumes day-to-day responsibility for
Core’s primary operating functions
Tucker succeeds Thakkar as Core’s chief financial officer
CANONSBURG, Pa., August 19, 2026 /PRNewswire/ - Today, Core Natural Resources, Inc. (NYSE: CNR) (“Core” or the “company”)
announced that - as part of its long-term succession process - Core’s president, Mitesh Thakkar, is assuming an expanded role within the organization, with day-to-day responsibility for the company’s primary operating functions, including operations, marketing, logistics, and long-term strategy, effective immediately.
“On behalf of the entire board, I want to congratulate Mitesh on this long-planned and well-deserved expansion of his responsibilities,” said
Jimmy Brock, Core’s chairman and CEO. “The board views Mitesh as the ideal person to lead Core’s day-to-day endeavors at this exciting time in the
company’s development and growth. Mitesh is a proven leader and strategic thinker with an exceptional track record across a range of critical functions, and I look forward to continuing to work closely…