Core natural resources appoints board chair Jimmy Brock as CEO

CANONSBURG, Pa. - Core Natural Resources, Inc. (NYSE:CNR), a mining company with a market capitalization of $4.77 billion and strong financial health according to InvestingPro metrics, announced Wednesday that its board of directors has appointed Board Chair Jimmy Brock to the additional role of chief executive officer, effective immediately.

Brock succeeds Paul A. Lang, who is departing as CEO and board member. Lang has agreed to provide transition consulting services through the end of 2025.

"I am excited to take on this expanded leadership role at a pivotal time in Core’s innovation and growth," Brock said in a statement.

Brock has served as executive chair of the Core Natural Resources board since January 14, 2025, when the company was formed through the merger between Arch Resources and CONSOL Energy. Prior to that, he served as chairman and chief executive officer of CONSOL Energy.

Core Natural Resources is a producer of metallurgical and thermal coals for global markets, generating $3.28 billion in revenue over the last twelve months with an EBITDA of $529 million. The company operates several mines including the Pennsylvania Mining Complex, Leer, Leer South, and West Elk mines, as well as the Black Thunder surface mine.

Brock brings over 40 years of industry experience to the CEO role. He currently serves as board chair of America’s Power and the Pennsylvania Coal Alliance, and is a member of the executive committee of the National Mining Association, where he previously served as board chair.

The leadership change comes approximately nine months after Core was created through the merger of CONSOL Energy and Arch Resources. The company, based in Canonsburg, Pennsylvania, has shown strong momentum with a 34% stock price increase over the past six months. InvestingPro analysis reveals 15+ additional insights about CNR’s performance and outlook, including detailed financial health metrics and growth projections.

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