Press Releases

Peabody Energy today announced that L. Cartan Sumner, Jr. has been named to the new position of Director of International Government Relations. Sumner will be responsible for working with governments to create a policy friendly framework for the greater use of coal to meet growing global energy needs. He will report to Senior Vice President of Government Relations Fredrick D. Palmer.

Coal has been the world's fastest-growing fuel the past five years. Coal use is expected to increase nearly 75 percent over the next 25 years, driven by huge growth in China and India. Peabody is increasing its commercial presence to serve Asia markets through its Australia growth platform and expanded coal trading, coal marketing and business partnerships.

Sumner previously served as Director of Corporate Development, participating in Peabody's recent international expansion efforts. Prior to joining Peabody, he held corporate development positions with RPM, Inc., a specialty chemicals holding company based near Cleveland, Ohio, and its St. Louis-based subsidiary Carboline Company. He also was an attorney in private practice in St. Louis.

Sumner has a Bachelor of Arts from Vanderbilt University in Nashville, Tenn., a Master of Business Administration from the John M. Olin School of Business at Washington University in St. Louis, and a Juris Doctorate from the Washington University School of Law. Sumner is a member of the Missouri Bar and the Illinois State Bar Association, and he is admitted to practice before the U.S. Supreme Court.

Peabody Energy is the world's largest private-sector coal company. 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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SOURCE: Peabody Energy