RICHMOND, Va. (AP) — Coal producer Alpha Natural Resources Inc. CEO Kevin Crutchfield received a pay package valued at about $6.2 million in 2012, down 8 percent from the previous year, according to an Associated Press analysis of a regulatory filing.
The pay package came in a year the Bristol, Va.-based company’s loss widened to $2.44 billion from $730.5 million in 2011 on impairment and restructuring charges, as well as expenses related to its June 2011 acquisition of Massey Energy Co. Revenue fell 2 percent to $6.97 billion and coal shipments rose 2.4 percent to 108.8 million tons.
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