UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 16, 2016
Rhino Resource Partners LP
(Exact name of registrant as specified in its charter)
Delaware | 001-34892 | 27-2377517 |
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
424
Lewis Hargett Circle, Suite 250
Lexington, Kentucky 40503
(Address of principal executive office) (Zip Code)
(859)
389-6500
(Registrants’ telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
[ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
[ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
[ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 16, 2016, the board of directors of Rhino GP LLC (“Rhino GP”), the general partner of Rhino Resource Partners LP (the “Partnership”), appointed Richard A. Boone as Chief Executive Officer of Rhino GP effective as of January 1, 2017. Mr. Boone has served as President of Rhino GP since September 2016 and prior to that as Executive Vice President and Chief Financial Officer since June 2014. Mr. Boone will succeed Joseph E. Funk, who has served as Chief Executive Officer of Rhino GP since November 2014. Mr. Funk will serve as a senior advisor to the Partnership from January 1, 2017 through March 31, 2017 and will discontinue employment with Rhino GP after this period.
The board of directors of Rhino GP also approved the extension of the expiration dates of the existing employment agreements of Richard A. Boone, President, R. Chad Hunt, Senior Vice President of Business Development, and W. Scott Morris, Vice President and Chief Financial Officer from December 31, 2017 to December 31, 2018.
Item 7.01 Regulation FD Disclosure
On November 22, 2016, the Partnership issued a press release announcing the appointment of Mr. Boone as Chief Executive Officer of Rhino GP effective as of January 1, 2017. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference into this Item 7.01.
In accordance with General Instruction B.2 of Form 8-K, the information in this report, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (“Exchange Act”) or otherwise subject to the liabilities of that section, nor shall such information, including Exhibit 99.1, be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(a) None.
(b) Exhibits.
Exhibit No. |
Description | |
99.1 | Press Release issued by Rhino Resource Partners LP, dated November 22, 2016 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
RHINO RESOURCE PARTNERS LP | ||
By: | Rhino GP LLC, Its General Partner | |
Dated: November 22, 2016 | By: | /s/ Whitney C. Kegley |
Name: | Whitney C. Kegley Title: Vice President, Secretary and General Counsel |
EXHIBIT INDEX
Exhibit No. | Description | |
99.1 | Press Release issued by Rhino Resource Partners LP, dated November 22, 2016 |
Rhino Resource Partners LP Announces Appointment of Chief Executive Officer
LEXINGTON, KY—(Marketwired - Nov 22, 2016) - Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino” or the “Partnership”) today announced that the board of directors of Rhino GP LLC (“Rhino GP”), the general partner of Rhino, appointed Richard A. Boone as Chief Executive Officer (“CEO”) of Rhino GP, effective as of January 1, 2017. Mr. Boone has served as President of Rhino GP since September 2016 and prior to that as Executive Vice President and Chief Financial Officer since June 2014. Mr. Boone will succeed Joseph E. Funk, who has served as CEO of Rhino GP since November 2014. Mr. Funk will serve as a senior advisor to the Partnership from January 1, 2017 through March 31, 2017 and will discontinue his employment at such time.
Mr. Boone stated, “I appreciate the confidence the board of directors has shown in me to lead Rhino forward and continue our industry leading standard in safety, while delivering optimal value for our unitholders. Mr. Funk successfully led Rhino through one of the most difficult coal markets the industry has ever experienced, since his appointment as CEO in 2014. I look forward to working with him during this transition period and I appreciate his guidance during his tenure as CEO here at Rhino.”
Mr. Funk stated, “I am pleased that the board has chosen Rick Boone as the new CEO for Rhino. Upon my appointment as CEO, Mr. Boone and his team was the cornerstone of the company, from which Rhino continued to build strength and perform well in a very difficult coal market. Without him, and the support of his team, Rhino would not be in the strong position it finds itself today. I would like to personally thank him and his management team for their support to the company and myself since joining Rhino. I know he and his team will have continued success at Rhino and I look forward to watching their progress in the future. I also want to thank the rest of the entire Rhino family; they have been outstanding in both their performance as employees and individuals in life. I could not be prouder of them. Thank you all.”
About Rhino Resource Partners LP
Rhino Resource Partners LP is a diversified energy limited partnership that is focused on coal and energy related assets and activities, including energy infrastructure investments. Rhino produces metallurgical and steam coal in a variety of basins throughout the United States.
Additional information regarding Rhino is available at its web site — RhinoLP.com.
About Royal Energy Resources, Inc.
Royal Energy Resources, Inc. (OTCBB: ROYE) is a diversified energy company, with investments and holdings in coal, gas and renewable energy assets in North America. Royal is the majority equity owner of Rhino Resource Partners LP, and its general partner, Rhino GP LLC. Additional information regarding Royal is available on its web site — www.royalenergy.us.
Investor Contact:
Scott Morris
+1 859.519.3622
smorris@rhinolp.com