HALLADOR ENERGY (HNRG)
Sector: Utilities
Sector: Utilities
HALLADOR ENERGY - Executive Compensation
Former Chief Financial Officer
Executive Compensation
Marjorie Hargrave is a distinguished financial executive with over 30 years of experience in the energy industry, specializing in strategic financial management, capital markets, and regulatory compliance. She began her career at Ernst & Young, where she honed her expertise in auditing and advisory services for energy clients, before advancing to senior roles at Vectren Corporation, a major Midwestern utility, as Vice President of Finance. Hargrave's early achievements include leading complex mergers and acquisitions, optimizing capital structures, and implementing robust risk management frameworks that enhanced shareholder value during volatile market periods. As Chief Financial Officer of Hallador Energy Company from 2017 to 2023, Hargrave was instrumental in navigating the coal producer through industry headwinds, including fluctuating commodity prices and environmental regulations. She spearheaded debt refinancing initiatives that reduced the company's leverage by over 50%, improved liquidity, and positioned Hallador for sustainable growth. Under her leadership, Hallador achieved significant milestones, such as expanding its Sunrise Coal operations and securing favorable financing for mine developments, while maintaining transparent investor communications and SEC compliance. Post-Hallador, Hargrave continues to serve on boards and advise energy firms, leveraging her track record of delivering financial resilience and operational efficiency in a transitioning energy landscape. A Certified Public Accountant and graduate of Indiana University with a degree in accounting, she is recognized for her pragmatic leadership and commitment to ethical governance.