Peabody Energy (NYSE: BTU), the nation’s largest coal producer, on March 5 announced several changes in its organizational structure, effective April 1.
Andrew Slentz has been promoted to Executive Vice President and Chief Human Resources Officer, reporting to Chairman and CEO Gregory Boyce. Slentz replaces Executive Vice President and Chief Administrative Officer Sharon Fiehler, who has been named Executive Vice President – Office of the Chief Executive Officer, in advance of her planned retirement on June 30.
In his new role, Slentz has executive responsibility for organizational 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 more than 25 years of varied human resources, organizational effectiveness and development experience in multiple regions around the world.
“We welcome Andy to Peabody’s executive leadership team, where he brings a wealth of experience in applying human resource best practices to global organizations with a focus on organizational capabilities, employee recruitment and retention, compensation and leadership development,” said Boyce.
Senior Vice President and Chief Information Officer Lina Young will now report to Executive Vice President and Chief Financial Officer Michael Crews. She will continue to lead all strategic and operational aspects of the company’s worldwide information technology function.
Peabody also announced several organizational changes to the company’s operational structure. The company’s global sales and marketing, trading, business development and strategy functions are being reorganized 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 Kellow.
“This new structure enables our business units to focus even more intensely on safety, productivity, cost containment and operational excellence,” said Boyce. “At the same time, we are committing dedicated groups to deliver integrated global customer solutions, portfolio optimization and growth initiatives.”
Christopher 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 optimization and business development activities, with a focus on Asia. He will report to Kellow. Hagedorn most recently served as President – Asia and Trading, where he led Peabody’s global trading, brokerage and Asia growth activities.
Bryan Galli has been named Group Executive and Chief Marketing Officer with executive responsibility for a new Global Marketing and Trading Group. Galli will oversee sales, marketing, logistics and trading and brokerage activities across the global enterprise. He also will report to Kellow. 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 COALSALES since 2006, leading efforts to transform the company’s sales and marketing platform to serve global markets.
St. Louis-based Peabody Energy is the world’s largest private-sector coal company and a global leader in sustainable mining and clean coal solutions.