HOUSTON – Natural Resource Partners has announced that Nick Carter, NRP’s President and Chief Operating Officer, will retire on September 1, 2014. Wyatt L. Hogan, NRP’s Executive Vice President, will succeed Mr. Carter as President. Mr. Hogan will be responsible for NRP’s continued growth and diversification and will report to Corbin J. Robertson, Jr., NRP’s Chairman and Chief Executive Officer. Kevin F. Wall, NRP’s Executive Vice President—Operations will succeed Mr. Carter as Chief Operating Officer and will report to Mr. Hogan. In addition, Kevin J. Craig, NRP’s Vice President–Business Development for NRP’s coal business, will assume additional responsibilities with regard to coal industry relations and report to Mr. Hogan. Following his retirement, Mr. Carter will work as a consultant to NRP through the end of 2014 in order to ensure a seamless transition.
“We look forward to continued growth at NRP as Wyatt assumes this leadership role and as Kevin and Kevin assume greater responsibilities,” said Mr. Robertson. “This announcement marks the culmination of an extensive, two-year strategic review and succession planning process at NRP, and I also want to thank our Board of Directors for all of their time and effort in ensuring NRP has a bright future.”