Peabody Energy Names Miguel Madrigal to Lead Business Development in
High-Growth Australia and Asia Markets
ST. LOUIS, Oct. 26 /PRNewswire-FirstCall/ -- Peabody Energy today announced
that Miguel Madrigal has been promoted to General Manager of Business
Development. Madrigal will be primarily responsible for expanding the
company's business platform in Australia. He will be based in Brisbane and
will continue to report to Robert L. Reilly, Peabody Energy Senior Vice
President of Business Development. He will also be an integral part of the
Australian senior management team.
The appointment comes as the company dramatically grows its Asia-Pacific
presence from offices in China, Mongolia, Singapore and Indonesia. Emerging
Asia holds the world's fastest-growing economies, and those countries are
fueled by coal.
Madrigal joined the company in 2006 as General Manager of Venezuelan
Operations with responsibility for managing Peabody's Venezuelan joint
ventures and South American business development.
Prior to joining Peabody, Madrigal led the Venezuelan operations of Excel
Coal. He also served as corporate finance advisor to a variety of mining
companies in his role as Associate Director at RFC Corporate Finance LTD, a
Sydney, Australia-based investment bank.
Madrigal holds a Master of Business Administration degree from the University
of Michigan Ross School of Business and a Bachelor of Science degree in
industrial engineering from the Universidad Catolica Andres Bello in Caracas,
Venezuela.
Peabody Energy (NYSE: BTU) is the world's largest private-sector coal company,
with 2008 sales of 255 million tons and $6.6 billion in revenues. Its coal
products fuel 10 percent of all U.S. electricity generation and 2 percent of
worldwide electricity.
CONTACT:
Meg Gallagher
(314) 342-7963
SOURCE Peabody Energy
Meg Gallagher, +1-314-342-7963, for Peabody Energy
