Peabody Energy Shareholders Approve AFL-CIO Corporate Governance Reform Resolution

Shareholders of Peabody Energy Corp. (NYSE: BTU) adopted a corporate governance reform proposal offered by the AFL-CIO by a vote of 71 percent at the company's annual shareholders meeting today in Clayton, Missouri. The AFL-CIO resolution urged the annual election of the company’s board of directors.

"We are gratified by the tremendous showing of support from the Peabody Energy shareholders for our reform proposal,” said AFL-CIO Secretary-Treasurer Richard Trumka. “We urge the company to act expeditiously to declassify the board of directors and hold annual elections for all board members.”

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