Press Releases

Peabody Energy announced today that Gary T. Kacich has been named Vice President and Assistant Controller - Operations, reporting to Senior Vice President, Controller and Chief Accounting Officer L. Brent Stottlemyre. Kacich will be responsible for corporate and operations accounting, as well as the sales accounting, payroll, accounts payable and records retention functions.

Reporting to Kacich are Payroll Manager Lynn K. Payne, Accounts Payable Manager Linda L. Son, Senior Manager of Sales Accounting Michael E. Fourney, Senior Manager of Accounting Rebecca J. Mead and Records Retention Administrator Jon A. Zinkgraf.

Kacich has 20 years of financial experience and a strong background with Peabody. He joined Peabody in 1995 as Manager of Subsidiary Accounting. He has served in various accounting management positions, including Director of Corporate Accounting, Director of Financial Planning, Assistant Treasurer and Assistant Controller - Operations. Prior to joining Peabody, Kacich spent two years as Division Accounting Manager with Mallinckrodt Medical and five-plus years in the Ernst & Young audit function.

Kacich holds a Bachelor of Science degree in Accountancy from the University of Missouri - Columbia. He is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants and the Missouri Society of Certified Public Accountants.

Peabody Energy is the world's largest private-sector coal company, with 2006 sales of 248 million tons of coal and $5.3 billion in revenues. Its coal products fuel approximately 10 percent of all U.S. electricity generation and more than 2 percent of worldwide electricity.

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  Derrell Carter
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SOURCE: Peabody Energy