Local Energy Firm Earns Praise for Governance

Gazette, The; Colorado Springs, Colo. › September 17, 2004

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Summary

Colorado Springs-based Westmoreland Coal Co. is beaming after getting a vote of confidence from the nation's top corporate governance advocate.

Institutional Shareholder Services ranked Westmoreland second among 126 publicly traded Colorado companies with a corporate governance rating of 97.6. That means the company ranked ahead of all but 2.4 percent of companies its size, based on 61 criteria.

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Extract

Local Energy Firm Earns Praise for Governance

ISS rates more than 5,500 U.S. companies in May and November for its 950 institutional investor clients on factors such as board structur...

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