StockWatch
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Precious Metals
Management ChangeJul 30, 2026, 05:03 PM

Eldorado Gold Announces CEO Transition, New Leadership

AI Summary

Eldorado Gold Corporation announced an executive leadership transition, confirming the effective dates for several management changes. George Burns will retire as CEO on September 30, 2026, and will continue to serve on the Company's Board of Directors. Christian Milau will succeed Mr. Burns as President and Chief Executive Officer, also effective September 30, 2026, and will join the Board. Additionally, Frank Herbert will transition to a Senior Advisor role before his retirement in Q2 2027, and Tamiko Ohta will be appointed Senior Vice President, Legal and General Counsel. Paul Ferneyhough's role will expand to Executive Vice President, Strategy and Chief Financial Officer, while Louw Smith will depart the company, with Niklas Frank assuming responsibility for Greece operations.

Key Highlights

  • George Burns will retire as CEO, effective September 30, 2026, and remain on the Board.
  • Christian Milau will assume the role of President and CEO, effective September 30, 2026.
  • Frank Herbert will transition to Senior Advisor, ahead of his planned retirement in Q2 2027.
  • Tamiko Ohta will be appointed Senior Vice President, Legal and General Counsel.
  • Paul Ferneyhough's role will expand to Executive Vice President, Strategy and CFO.
  • Louw Smith will be leaving the company, with Greece operations transitioning to Niklas Frank.