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Mining giant Peabody Energy Corp. named former oil executive Robert A. Malone a director, increasing the size of the board of directors to 11.
Malone held several executive positions at London-based BP Plc, the world’s second largest oil producer. He headed the company’s U.S. operations until Feb. 1.

Peabody CEO Gregory H cheap life insurance. Boyce said Malone "extensive knowledge of U.S. and global energy markets" will help the company as it seeks to boost sales to emerging markets, such as China and India.

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