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Peabody Energy Extends Contract with COO Darren Yeates
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Peabody Energy Extends Contract with COO Darren Yeates

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Peabody Energy Comm ( (BTU) ) has issued an update.

Peabody Energy’s subsidiary, Peabody Energy Australia Coal Pty Ltd, has updated the employment agreement with Darren R. Yeates, the Executive Vice President and COO, extending his contract until January 31, 2027. The agreement outlines possible changes to his responsibilities following the acquisition of Australian mines from Anglo American, and details compensation terms, including conditions for lump sum payments based on termination scenarios and change in control events.

More about Peabody Energy Comm

Peabody Energy Corporation is a major player in the coal industry, known for its coal mining operations. It focuses on both domestic and international coal markets, providing coal for electricity generation and steelmaking.

YTD Price Performance: -16.88%

Average Trading Volume: 2,476,937

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.43B

For an in-depth examination of BTU stock, go to TipRanks’ Stock Analysis page.

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