Eldorado Gold Announces Leadership Updates – Strengthening Operational Execution and Project Development
Rhea-AI Summary
Eldorado Gold (TSX: ELD, NYSE American: EGO) announced leadership appointments to strengthen operational execution and project delivery. Simon Hille was named Executive Vice President & Chief Operating Officer to oversee global operations, projects, exploration and HSES, effective immediately. Gordana Vicentijevic will become Senior Vice President, Projects, effective May 4, 2026, bringing 28 years of project and engineering experience.
The moves emphasize accountability, integration of regional performance with corporate strategy, and focus on disciplined execution of growth initiatives.
Positive
- Simon Hille appointed EVP & COO to oversee global operations and projects
- Gordana Vicentijevic named SVP, Projects, effective May 4, 2026, with 28 years' experience
- Leadership changes aim to strengthen operational discipline, accountability, and project execution
Negative
- None.
News Market Reaction – EGO
In the Mar 25 session, EGO gained 3.95%, reflecting a moderate positive market reaction. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 16 | Operating authorization | Positive | +0.9% | Received operating authorization for Ormaque deposit at Lamaque Complex. |
| Mar 11 | M&A and outlook | Positive | -4.9% | Mailing circular for Foran combination highlighting growth and 2027 EBITDA and FCF targets. |
| Mar 03 | ESG recognition | Positive | -9.6% | Lamaque Complex earned TSM Gold Leadership Award and cyanide code compliance certification. |
| Feb 19 | Guidance and outlook | Positive | -9.7% | Issued 2026 guidance and three-year outlook targeting ~40% gold production growth. |
| Feb 19 | Earnings results | Positive | -9.7% | Reported strong 2025 financials with higher revenue, earnings and progress at Skouries. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent positive operational and strategic news has often coincided with negative price reactions, indicating a pattern of the stock selling off on good news.
Over the last few months, Eldorado Gold has reported multiple positive developments. On Feb 17, 2026, it announced the Foran acquisition agreement. On Feb 19, 2026, it delivered strong 2025 financials and a growth-focused 2026–2028 outlook, yet shares fell about −9.7%. Subsequent sustainability recognition on Mar 3 and Ormaque operating authorization on Mar 16 were also constructive, but price reactions were modest to negative. Today’s leadership update fits into this broader execution and growth narrative.
Key Terms
extractive metallurgy technical
australasian institute of mining & metallurgy technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Simon Hille Appointed Executive Vice President and Chief Operating Officer
Gordana Vicentijevic Appointed Senior Vice President, Projects
VANCOUVER, British Columbia, March 24, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX: ELD, NYSE American: EGO) (“Eldorado” or the “Company”) today announced several leadership updates to strengthen operational execution, advance project development and further align regional leadership across the organization.
As part of these changes, Simon Hille has been appointed Executive Vice President and Chief Operating Officer “EVP & COO”. Mr. Hille joined the Company in 2020 and has since held progressively senior roles, most recently serving as Executive Vice President, Technical Services & Operations since November 2023. As EVP & COO, he will oversee the Company’s global operations, projects, exploration, and health, safety and sustainability, with a focus on driving operational excellence, performance consistency, and disciplined execution across the portfolio.
Mr. Hille has more than 30 years of experience in gold and base metals, with deep expertise in leading high-performance, cross-functional technical and operational teams to maximize value from complex ore bodies. Prior to joining Eldorado, he served as Group Executive, Technical Engineering & Global Projects at Newmont (Goldcorp) and previously held senior leadership roles in metallurgy and process development with Barrick Gold and Newcrest Mining. Mr. Hille holds a Bachelor of Science in Extractive Metallurgy from Curtin University’s Western Australian School of Mines and is a Fellow of the Australasian Institute of Mining & Metallurgy (FAusIMM).
The Company has also appointed Gordana Vicentijevic as Senior Vice President, Projects, effective May 4, 2026. Ms. Vicentijevic joins from Equinox Gold, where she held senior leadership roles with responsibility for project development and execution. She brings 28 years of experience in mining operations, project management, and the engineering design and construction of mining, oil and gas, and chemical plants. Ms. Vicentijevic holds a Bachelor of Science in Mechanical Engineering (Mining) from the University of Belgrade and a Master’s Degree in Engineering Management from the University of Alberta.
“These leadership updates reinforce our focus on operational discipline and project execution as we continue to advance our portfolio,” said George Burns, CEO. “Simon’s appointment as EVP & COO strengthens accountability across our global operations and enhances integration between regional performance and corporate strategy. Gordana’s deep experience in large-scale project delivery further bolsters our ability to execute growth initiatives with rigor and consistency. Together with our broader leadership team, they bring the experience, technical depth, and operational focus needed to support the continued delivery of our strategic priorities.”
About Eldorado Gold
Eldorado is a gold and base metals producer with mining, development and exploration operations in Canada, Greece and Türkiye. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO).
Contact
Investor Relations
Lynette Gould, VP, Investor Relations, Communications & External Affairs
647 271 2827 or 1 888 353 8166
lynette.gould@eldoradogold.com
Media
Chad Pederson, Director, Communications and Public Affairs
236 885 6251 or 1 888 353 8166
chad.pederson@eldoradogold.com
