Alpha and Peabody, in Multimillion-Dollar Salary Reports, Cite ‘Talent’ and ‘Excellence’ of Executives Who Led Companies Into Bankruptcy

Alpha and Peabody, in Multimillion-Dollar Salary Reports, Cite ‘Talent’ and ‘Excellence’ of Executives Who Led Companies Into Bankruptcy FacebookTwitterLinkedInEmailPrint分享Julie Silvederio for SNL:Arch Coal Inc.’s Chairman and CEO John Eaves, and Peabody Energy Corp.’s President and CEO Glenn Kellow received $4.9 million and $4.8 million in total compensation in 2015, respectively, according to amended Form 10-K filings released April 29.Arch said its compensation program is designed to attract, motivate and retain highly talented executives.Peabody highlighted Kellow’s strategic vision and leadership in the areas of portfolio optimization, operational excellence, organizational efficiency, fiscal focus and health and safety were critical to the enterprise achievements in 2015, as the major factors in determining his nonequity incentive plan compensation.Full article ($): Arch Coal and Peabody Energy CEOs each had pay approaching $5M in 2015