Peabody Energy Sets CEO Transition Agreement With Multi-Year Compensation Package

Reuters
2025.12.19 13:14
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Peabody Energy Corporation has announced a Transition and Consulting Agreement with CEO James C. Grech, effective December 17, 2025. Grech will serve as CEO until May 15, 2028, and remain on the Board until then. Post-transition, he will provide advisory services until May 15, 2030, with a $1,500,000 annual consulting fee. He will continue to receive his base salary, short-term incentives, and be eligible for long-term incentives in 2026, 2027, and 2028, contingent on performance goals.