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Peabody Energy announces organisational changes

World Coal,


Peabody Energy has announced several changes in its organisational structure, effective 1st April 2014.

Andrew Slentz

Andrew P. Slentz has been promoted to the role of Executive Vice President and Chief Human Resources Officer. Slentz replaces Executive Vice President and Chief Administrative Officer Sharon D. Fiehler, who has been named Executive Vice President – Office of the Chief Executive Officer, in advance of her planned retirement at the end of June.

In his new role, Slentz is responsible for organisational and employee development, benefits, compensation, international human resources, security and facilities management. Slentz has been Senior Vice President of Global Human Resources at Peabody since 2010 and brings over 25 years of varied human resources, organisational effectiveness and development experience in multiple global regions. Prior to joining Peabody in 2010, Slentz was Senior Vice President of Human Resources for People & Organization Support at Rio Tinto; Head of Human Resources for Drummond Company; and Vice President of Human Resources, Commercial Development and Shared Service for BHP Billiton.

Comments

Peabody CEO, Gregory Boyce, commented: "We welcome Andy to Peabody's executive leadership team, where he brings a wealth of experience in applying human resource best practices to global organisations with a focus on organisational capabilities, employee recruitment and retention, compensation and leadership development.”

Lina Young

Regarding related organisational changes, Senior Vice President and Chief Information Officer Lina A. Young will now report to Executive Vice President and Chief Financial Officer Michael C. Crews. She will continue to lead all strategic and operational aspects of the company's global information technology function.

Operational structure changes

Peabody also announced several changes to the company's operational structure. The company's global sales and marketing, trading, business development and strategy functions are being reorganised into two new groups – a Global Marketing and Trading Group and a Global Development and Strategy Group. Both report to President and Chief Operating Officer Glenn L. Kellow.

Boyce commented: "This new structure enables our business units to focus even more intensely on safety, productivity, cost containment and operational excellence. At the same time, we are committing dedicated groups to deliver integrated global customer solutions, portfolio optimisation and growth initiatives."

Christopher Hagedorn

Christopher J. Hagedorn has been named Group Executive and Chief Development Officer with executive responsibility for a new Global Development and Strategy Group. In his new role, Hagedorn will be responsible for global market analytics, strategy, portfolio optimisation and business development activities, with a focus on Asia.

Hagedorn most recently served as President – Asia and Trading, where he led Peabody's global trading, brokerage and Asia growth activities.

Bryan Galli

Bryan A. Galli has been named Group Executive and Chief Marketing Officer with executive responsibility for a new Global Marketing and Trading Group. In his new role, Galli will oversee sales, marketing, logistics and trading and brokerage activities across the global enterprise.

Galli previously served as Group Executive of Sales and Marketing – Australia, where he managed sales and marketing for Peabody's Australian metallurgical and thermal coal products. Prior to that, Galli served as President of Peabody Coal Sales, leading efforts to transform the company's sales and marketing platform to serve global markets.

Adapted from press release by Katie Woodward

Read the article online at: https://www.worldcoal.com/coal/06032014/peabody_organisational_changes_596/

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