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Ramaco Announces Changes to Executive Leadership and Board of Directors

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LEXINGTON, Ky., March 18, 2025 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC, METCB) ("Ramaco Resources" or the "Company") today announced changes to its senior management and Board of Directors (the "Board").

E. Forrest Jones, Jr., has been hired by the Company to serve as its new General Counsel, bringing a career of immense legal experience in the minerals and coal industry.  Mr. Jones has been a member of the Board since 2021 and resigned as a director of the Company effective March 14, 2025, to transition into his new full-time role effective May 1, 2025.  In conjunction with his resignation as a director, he was honored by the Board with the honorary appointment of Director Emeritus.

"Forrest has served as a member of the Board with unwavering commitment and leadership greatly enriching and guiding the Board's deliberations and decisions.  Mr. Jones' strategic thinking during a period of significant growth has been instrumental in the Company's success and expansion. His service as Chairman of the Environmental, Health and Safety Committee has ensured the highest standards of safety and well-being for all employees. His decades of experience, qualifications, and unique legal skills make him well qualified to serve as our General Counsel," said Randall W. Atkins, Ramaco Chairman and CEO.

Evan H. Jenkins has also been elected to the Board and appointed as Vice-Chairman.  Mr. Jenkins has served as the Company's General Counsel and Secretary since February 2024.

"Mr. Jenkins has demonstrated exceptional leadership in managing the Company's legal division.  His guidance, decision-making and strategic planning will greatly benefit the Company as both a Board member and now in the additional role of Vice-Chairman.  Mr. Jenkins will help lead the Board in policy analysis and advocacy based on his more than two decades as a state and federal legislator. He also brings a deep understanding of legal principles and regulatory compliance from his prior service as Justice and Chief Justice of the West Virginia Supreme Court," Mr. Atkins said.

Mr. Jenkins will step down as General Counsel once Mr. Jones joins the Company in the same role on May 1st but will continue to serve as Secretary.

The total number of Board members remains unchanged with five independent directors and four non-independent directors.

E. Forrest Jones, Jr., age 74, has served as a member of our Board of Directors since January 2021. Mr. Jones has been the owner and manager of Jones & Associates, a law firm in Charleston, West Virginia, for thirty-seven years focusing upon all areas of corporate and business practice. He is regarded as perhaps one of the most knowledgeable counsel in the coal industry and has dealt principally on corporate and regulatory matters relating to coal operations, development, acquisitions and management. He received his license to practice law in 1977. Prior to starting Jones & Associates, he practiced as a Partner in a small firm focused upon the operational needs of the coal industry. Over the course of his career, Mr. Jones has served as General Field Counsel for Pickands Mather & Company, W-P Coal Company, Agipcoal USA, Inc. (formerly Enoxy Coal, Inc.), Costain Coal Inc., Pocahontas Land Corporation and numerous other coal and mineral land companies. Mr. Jones received a B.A. with a major in American History from the University of Virginia, a B.S. in Business Administration from West Virginia University and a J.D. from West Virginia University. He is admitted to practice in the Circuit Courts and The Supreme Court of Appeals for the State of West Virginia, the U.S. District Court for the Southern District of West Virginia and the United States Court of Appeals for the Fourth Circuit.