Cloud Peak executives sign retention agreement amid company’s financial woes

摘要

Cloud Peak Energy Inc. adopted an executive retention program as thecompany continues to battle financial hardships and explore strategic alternatives,according to a company release.The pure-play Powder River Basin coal producer’s board approved theprogram, which supersedes and replaces a November 2018 retention agreement,on Jan. 23 and its executive management team, including its CEO, CFOand COO, signed on Jan. 29.