Peabody Plans Succession Transition for President and CEO Glenn Kellow
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Glenn Kellow
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The Peabody board of directors said the company and Glenn Kellow, president and CEO, have entered into a leadership transition agreement as part of its succession planning process. Under this agreement, Kellow will be leaving the company by Aug. 31, 2021. The board has underway a comprehensive search process to identify Kellow’s successor. While this search is underway, Kellow will continue in his current role, including as a board member, until a successor has been appointed, which is intended to be before Aug. 31, 2021.
“On behalf of the board of directors, I’d like to thank Glenn for his tireless commitment to Peabody and its employees, shareholders, stakeholders and communities it serves over the past six years,” said Peabody Non-Executive Chairman Bob Malone.
“Glenn led the company through very difficult times and has put in place a strong team moving forward. We appreciate Glenn’s commitment to continue to lead the company and to facilitate a smooth and orderly transition as the board progresses its search process for Peabody’s next CEO,” added Malone.
“During my time at Peabody, I’ve had the privilege of working with some of the best people in the industry and remain committed to their and the company’s future success,” said Peabody President and CEO Glenn Kellow.
“I am proud of what the Peabody team has accomplished and look forward to working closely with the board and my successor to ensure a seamless transition,” added Kellow.
Glenn Kellow joined Peabody in 2013, bringing over three decades of experience in the global resources industry, and was appointed President and CEO in 2015. 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.
About Peabody Energy
Peabody is the leading global pure-play coal company and a member of the Fortune 500, serving power and steel customers in more than 25 countries on six continents. The company offers significant scale, high-quality assets, and diversity in geography and products. Peabody is guided by seven core values: safety, customer focus, leadership, people, excellence, integrity and sustainability.
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