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Peabody Energy CEO Grech to retire in 2028, stay on as adviser until 2030

Dec 19 (Reuters) - Peabody Energy's BTU.N CEO James Grech will retire on May 15, 2028 and remain with the firm as an adviser until 2030 under a transition agreement aimed at ensuring leadership continuity, the U.S.-based coal producer said in a filing on Friday.

The board has begun an active search for Grech's successor as part of its succession planning, the company said.

Grech joined Peabody in 2021, prior to which he held leadership roles at Wolverine Fuels, Nexus Gas Transmission, Consol Energy and DTE Energy DTE.N.

 (Reporting by Sumit Saha in Bengaluru; Editing by Krishna Chandra Eluri)

 ((Sumit.Saha@thomsonreuters.com;))

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