Peabody Energy Chairman And CEO Greg Boyce Inducted Into American
Mining Hall Of Fame
ST. LOUIS, Dec. 3, 2012 /PRNewswire/ -- In recognition
of his three decades of outstanding leadership in the global mining
sector and plan to eradicate energy poverty, Peabody Energy
Chairman and Chief Executive Officer Gregory H. Boyce has been inducted into the
Mining Foundation of the Southwest's American Mining Hall of
Fame. Boyce accepted the honor at the Foundation's
30th annual awards presentation banquet in Tucson, Ariz.
The Foundation serves to educate the public about mining's past
and present, honoring one Board-selected Hall of Fame inductee each
year for their outstanding contribution to the mining industry.
"I am both humbled and honored that the Foundation has selected
me for inclusion in its Mining Hall of Fame, especially since it
includes so many individuals from mining's past and present whose
visionary work has helped to shape both the industry and the world
we live in," said Boyce. "We must never lose sight of the
critical role that mining plays in a global context. Mining
is the first link in a commodities supply chain that sustains
economic growth and security on a global scale."
Over a three-decade career in mining and energy, Boyce has
worked across a wide range of commodities, including copper,
uranium, gold and coal. He previously held roles with
Kennecott Copper and Rio Tinto, before joining Peabody Energy in
2003 as President and Chief Operating Officer. In 2006, Boyce
rose to President and Chief Executive Officer of Peabody and was elected as Chairman of the Board in
2007.
Under Boyce's leadership, Peabody
has grown significantly and expanded globally. Since Boyce joined
the company, Peabody has increased
revenues 265 percent and earnings per share 774 percent. The
company has significantly expanded its global footprint, with
international contributions growing from just 1 percent when Boyce
joined the company to half of the company's mining contributions in
2011.
Boyce also is the architect of the Peabody Plan, which outlines
steps to eliminate energy poverty and leads to continued
improvement in clean coal technologies through the global buildout
of state-of-the-art coal-fueled generation.
Boyce has been recognized with a number of other honors.
He is the only CEO to be named among the top chief executives for
both the energy and mining sectors, garnering recognition from
Institutional Investor magazine and the Global Energy
Awards. In 2012, Boyce was named one of America's Most
Valuable CEOs by Chief Executive magazine, ranking
36th among S&P 500 chief executives. During
his tenure, Peabody has earned more
than 100 major honors for safety, financial and environmental
excellence, achieved Coaltrans honors as the world's leading coal
company recognizing three decades of leadership, and was just
recognized for Commodity Excellence at the recent Platts Global
Energy Awards.
Foundation President Dr. James Wm. White said Boyce's vision to
eradicate global energy poverty had been a key factor in his being
unanimously chosen as the 2012 Hall of Fame inductee.
"In addition to showing outstanding leadership throughout his
career, Greg has been a tireless advocate for our industry. He
continues to educate the public and policymakers alike on the ways
in which mining can provide energy solutions that empower people
and strengthen economies," said Dr. White.
Boyce holds a Bachelor of Science degree in Mining Engineering
from the University of Arizona and an
Advanced Management Program degree from Harvard University's Graduate School of Business.
He serves as the Deputy Chairman of the Coal Industry Advisory
Board of the International Energy Agency and is a former Chairman
of the National Mining Association.
He is a member of The Business Council, Business Roundtable, and
the National Coal Council where he was Study Chair of the council's
report, "Coal: America's Energy Future." He is a member of the
Board of Directors of Marathon Oil Corporation. In addition, he is
a member of the Board of Trustees of St. Louis Children's Hospital
and Washington University in
St. Louis and is a member of the
Advisory Council of the University of
Arizona's Department of Mining and Geological
Engineering.
Peabody Energy is the world's largest private-sector coal
company and a global leader in sustainable mining and clean coal
solutions. The company serves metallurgical and thermal coal
customers in more than 25 countries on six continents. For
further information, go to PeabodyEnergy.com and
CoalCanDoThat.com.
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CONTACT:
Kirsty McDonald
(314) 342-7562
SOURCE Peabody Energy