St. Louis, Missouri-based Peabody Energy, the world's largest private-sector coal company, has announced a new global organizational structure, with the creation of geographic business units in the Americas, Australia and Asia. Peabody's Chairman and CEO Gregory Boyce commented that the reorganization would help with the integration of newly acquired coal mining assets globally.
Formerly the company's President and COO, Richard A. Navarre has been named President--Americas; Eric Ford, formerly Peabody's Executive VP and COO is now President--Australia; and Chris Hagedorn has been name President--Asia and Coal Trading. Hagedorn most recently led Peabody's Supply Chain Management and Business Performance functions.