Gregory Boyce is the Executive Chairman of Peabody Energy, the world's largest private sector coal corporation. Peabody is one of just 90 companies that have produced nearly two-thirds of the greenhouse gas emissions generated since the beginning of the industrial age and is therefore a significant contributor to climate change. They are also responsible for numerous human rights abuses in the communities in which they operate, including Rocky Branch, Illinois and the Dineh (Navajo) reservation of Black Mesa, AZ. Additionally, in 2010, Peabody received tax breaks on $61 million worth of purchases and building improvements--$2 million of which was meant for St. Louis Public Schools. From union busting to consistently unsafe mining conditions, Peabody also has a long history of mistreating its workers. In 2007, they offloaded thousands of retiree pension plans and healthcare benefits to a spin-off company, Patriot Coal, which filed for bankruptcy in 2012, leaving over 10,000 retired miners without healthcare coverage. Peabody is a large supporting member of the American Legislative Exchange Council (ALEC), having a representative on their Private Enterprise Advisory Council. ALEC is a strong advocate of various controversial pieces of legislation, including “Stand Your Ground” laws and strict immigration laws.
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Total Pay (2014): $10.99 million
Key Relationships: Washington University in St. Louis, Civic Progress, St. Louis Science Center, Monsanto.
About Peabody: Peabody Energy is the world's largest private sector coal company. "Peabody Energy Corporation mines and markets predominantly low sulfur coal, primarily for use by electric utilities. The Company also trades coal and emission allowances. Peabody owns and operates mines in Arizona, Colorado, New Mexico and Wyoming, Illinois, Indiana, and Australia. The Company also a minority interest in a Venezuelan mine through a joint venture" (From Bloomberg Business's company profile). Peabody is number 365 on the Fortune 500 list. Peabody is one of just 90 companies responsible for causing two-thirds of man-made global warming emissions. The company is responsible for 1% of global carbon emissions over time.
Corporate Headquarters: 701 Market St, St. Louis, MO 63101