Jim Grech, president and CEO, Peabody Energy

This week, Peabody Energy Board of Directors appointed James “Jim” Grech to the position of president and CEO, effective June 1. Grech has more than 30 years of experience in the coal and natural resources industries, most recently serving as CEO of Wolverine Fuels, a U.S. thermal coal producer and marketer.

“Jim’s extensive operational, commercial and financial experience in mining, utilities and other fuel sources will be instrumental to Peabody’s success moving forward,” Chairman Bob Malone said.

Prior to joining Wolverine Fuels, Grech served as president for Nexus Gas Transmission as well as the chief commercial officer and executive vice president of CONSOL Energy.

“I look forward to joining Peabody’s talented workforce and shaping the company’s strategic path forward to maximize value for all stakeholders,” Grech said. “I’m impressed by the significant strides the company has made during a difficult period and am excited to further improve the competitiveness of Peabody.”

In related news, Wolverine promoted Carson Pollastro to CEO. He previously served as the company’s chief operating officer.