Peabody appoints Aussie chief

 Peabody Energy has appointed Eric Ford as its new head of Australian operations.

It comes as part of a massive restructure for the coal miner, which sees it create "geographic business units in the Americas, Australia and Asia to reflect the growing size and scope of Peabody’s global footprint," the company said.

Ford’s new position is president of Australian operations.

Prior to his appointment Ford was Peabody’s executive vice president and COO.

He was also previously the CEO of Anglo Coal Australia, as well as vice chairman and director of the Minerals Council of Australia.

According to Peabody chairman Gregory Boyce, the new focus for the miner will be on the integration of new assets and organic growth projects.

"With our recent acquisition, the size of our global platform has grown significantly and reached a logical point to bring a greater business focus at geographic and market levels, while maintaining controls and key centralised functions at the corporate level," Boyce said.

"As the largest global pure-play coal investment, Peabody has a growing platform in Australia, multiple initiatives in Asia, an expanding coal trading business and the premier portfolio in the United States,"

Peabody coal supply fuels around 2% of worldwide electricity.



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