Mr Glenn Kellow to Leave Peabody by August 2021
US coal miner Peabody Board of Directors announced that the company and Mr Glenn Kellow, President and CEO, have entered into a leadership transition agreement as part of its succession planning process. Under this agreement, Mr Kellow will be leaving the company by August 31, 2021. The Board has underway a comprehensive search process to identify Mr Kellow's successor. While this search is underway, Mr Kellow will continue in his current role, including as a Board member, until a successor has been appointed, which is intended to be before August 31, 2021. In addition to continuing in his current role during the transition period, Glenn has also agreed to provide consulting support to the company's next CEO for a period of up to one-year.
Mr Kellow has a career that gives insights from the miner, competitor fuel and industrial customer perspectives. From 1985 to 2013, he worked for BHP Ltd in the United States, Australia and South America. Mr Kellow has held chief executive leadership, operating or financial roles in global businesses in coal, copper, nickel, aluminum, steel, oil and gas. Mr Kellow joined Peabody in 2013, bringing over three decades of experience in the global resources industry, and was appointed President and CEO in 2015.
Mr Kellow holds a master’s degree in business administration and a bachelor’s degree in commerce from the University of Newcastle in Australia. He completed the advanced management program of the Wharton Business School and is a fellow of CPA Australia.
NYSE listed Peabody is a leading coal producer with thermal & cocking coal mines in Australia & USA.
Australia Thermal - Wambo Underground, Wilpinjong
Australia Coking Coal – Coppabella, Metropolitan, Middlemount, Moorvale, North Goonyella, Shoal Creek
Powder River Basin – Caballo, North Antelope Rochelle, Rawhide
Other US - Bear Run, El Segundo, Francisco, Gateway North, Twentymile, Wild Boar
Source - Strategic Research Institute