Management ChangeJul 31, 2026, 11:06 AM
Eldorado Gold Announces CEO Transition and Leadership Changes
AI Summary
Eldorado Gold Corporation announced an update on its executive leadership transition. George Burns will retire as CEO on September 30, 2026, and Christian Milau will succeed him as President and CEO, also joining the Board. Additionally, Frank Herbert will transition to a Senior Advisor role before retiring, and Tamiko Ohta will become Senior Vice President, Legal and General Counsel. The company also announced other organizational changes, including the departure of Louw Smith and expanded roles for Paul Ferneyhough and Niklas Frank, as part of its ongoing succession planning.
Key Highlights
- George Burns will retire as CEO of Eldorado Gold, effective September 30, 2026, but will remain on the Board.
- Christian Milau will assume the role of President and CEO, and join the Board of Directors, effective September 30, 2026.
- Frank Herbert, EVP, General Counsel & Chief Compliance Officer, will transition to a Senior Advisor role on September 30, 2026, before retiring in Q2 2027.
- Tamiko Ohta will be appointed Senior Vice President, Legal and General Counsel, effective September 30, 2026.
- Paul Ferneyhough's role will expand to Executive Vice President, Strategy and Chief Financial Officer, overseeing Corporate Development and Legal functions.
- Louw Smith, Executive Vice President, Development, Greece, will be leaving the Company effective September 30, 2026.
- Responsibility for Greece operations will transition to Niklas Frank, Senior Vice President Operations, Europe.
Price Impact
More from EGO