Alliance Resource Partners, L.P. (NASDAQ: ARLP) has declared a quarterly cash distribution of $0.70 per unit for Q2 2024, payable on August 14, 2024, to unitholders of record as of August 7, 2024. This distribution is consistent with previous quarters. The company also announced several changes to its Board of Directors:
1. John H. Robinson will retire from the Board at the end of the year.
2. Paul H. Vining has been elected to the Board and will serve as lead director.
3. Nick Carter has been appointed Chairman of the Compensation Committee.
4. Wilson M. Torrence has been appointed as a member of the Conflicts Committee.
Additionally, Mark A. Watson has been promoted to Senior Vice President – Operations and Technology of the Partnership's general partner.