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Peabody Energy CEO to step down

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Peabody Energy CEO Gregory Boyce will step down May 4, and President and COO Glenn Kellow will take his place, the company said Thursday.

According to the St. Louis Business Journal, Boyce will stay on with the company as chaiman of the board.

Kellow came to the energy company in 2013 after spending 28 years with multinational aluminum and nickel business BHP Billiton.

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