---
schema_version: "secwatch.filing_event.v1"
accession: "0001064728-25-000144"
form_type: "8-K"
ticker: "BTU"
cik: "0001064728"
company_name: "PEABODY ENERGY CORP"
filed_at: "2025-12-19T23:59:59+00:00"
generated_at: "2026-05-16T12:31:04.655559+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CEO Grech to remain until May 2028, then transition to consulting role

## Summary
- CEO James C. Grech will stay as CEO until May 15, 2028, then serve as consultant until May 15, 2030 under a Transition Agreement signed Dec 17, 2025.
- Consulting fee of $1.5M per year during the two-year consulting period following his CEO tenure.
- Board to conduct active search for Grech's successor; Grech will resign from board on Transition Date.
- Grech eligible for LTI awards in Jan 2026, 2027, 2028 with vesting extended through consulting period.
- Agreement terminates participation in 2019 Executive Severance Plan; severance provisions on termination without cause etc.

## SEC filing metadata
- accession: 0001064728-25-000144
- form_type: 8-K
- ticker: BTU
- cik: 0001064728
- company_name: PEABODY ENERGY CORP
- filed_at: 2025-12-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1064728/000106472825000144/0001064728-25-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1064728/000106472825000144/btu-20251217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001064728-25-000144
- JSON: https://secwatch.observer/filing/0001064728-25-000144.json
- Plain text: https://secwatch.observer/filing/0001064728-25-000144.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.