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Hallador Energy Company Announces CFO Transition And Addresses Recent Stock Price Fluctuations

$HNRG

In a significant corporate reshuffle, Hallador Energy Company (NASDAQ:HNRG) has announced the appointment of Todd Telesz as its new Chief Financial Officer, effective June 23, 2025. Todd Telesz will be taking over from Marjorie Hargrave, who has decided to leave the company to pursue other opportunities after contributing significantly to Hallador’s transition from a coal producer to an independent power producer (IPP).

Telesz brings a wealth of experience to Hallador, having previously held the position of CFO at Tri-State Generation and Transmission Association, Inc. His extensive background in the power sector is expected to be invaluable as Hallador continues to navigate its strategic pivot towards more sustainable energy production.

This transition comes at a crucial time for Hallador, as the energy sector faces increasing pressure to adopt more environmentally friendly practices. The company also recently faced a setback when a key agreement with a datacenter developer was terminated. This agreement had granted exclusivity to Hallador in a potential power supply deal, which was seen as a strategic move to bolster its position in the power market.

The termination of this deal on May 23, 2025, led to a notable decline in Hallador’s stock price, which fell $1.38 per share, or 7.33%, closing at $17.45. Hallador remains committed to pursuing other opportunities in the sector, with ongoing discussions about additional exclusivity periods and non-exclusive negotiations with various parties. The company’s leadership, including newly appointed CFO Todd Telesz, is focused on navigating these developments and leveraging potential growth opportunities in the evolving energy landscape.

Hallador Energy Company, based in Terre Haute, Indiana, operates as a vertically integrated Independent Power Producer. It has two core businesses: Thefirm, which produces electricity and capacity at its one-Gigawatt Merom Generating Station and Sunrise Coal, LLC, which supplies fuel to the Merom Generating Station among other clients. As Hallador continues to adapt to the shifting dynamics of the energy market, the strategic inclusion of Todd Telesz in the leadership team is poised to play a pivotal role.

**DISCLAIMER: THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE INTERPRETED AS INVESTMENT ADVICE. INVESTING INVOLVES RISK, INCLUDING THE POTENTIAL LOSS OF PRINCIPAL. READERS ARE ENCOURAGED TO CONDUCT THEIR OWN RESEARCH AND CONSULT WITH A QUALIFIED FINANCIAL ADVISOR BEFORE MAKING ANY INVESTMENT DECISIONS.**

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