INTERNATIONAL COAL NEWS

Peabody appoints Capdeboscq, announces dividend

PEABODY Energy has declared a quarterly dividend of $US0.0025 per share and has promoted Allen Ca...

Lou Caruana

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Capdeboscq had previously served as vice president – financial and capital planning.

“The appointment is consistent with Peabody's heightened focus on asset sales and portfolio optimization,” the company said.

“Capdeboscq will be focused on value-adding transactions involving the divestitures, non-core asset sales, joint ventures, minority interests, mergers and acquisitions.”

Capdeboscq joined Peabody in 2006 as vice president – corporate business development and was named vice president – financial and capital planning in 2012.

He previously worked for A G Edwards in its investment banking energy group and for Shell as a process and project engineer.

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