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Eldorado Gold Announces Leadership Updates – Strengthening Operational Execution and Project Development

Eldorado Gold (TSX: ELD, NYSE American: EGO) announced leadership appointments to strengthen operational execution and project delivery.

(Moderate)
(Very Positive)
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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.

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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.
Argus Mar 25 session
+3.95% close to close Open Argus
Details

News Market Reaction – EGO

On Mar 25, the first trading day after this news, EGO closed 3.95% above the previous close.

Data tracked by StockTitan Argus for the Mar 25 session.

Market Context

This announcement outlines senior leadership changes aimed at reinforcing operational execution and ...
Analysis

This announcement outlines senior leadership changes aimed at reinforcing operational execution and project delivery, placing experienced executives over global operations and growth projects. It comes after recent milestones in guidance, M&A, permitting and ESG recognition, suggesting continued focus on disciplined execution. Investors tracking Eldorado’s story may monitor how these appointments influence project timelines, cost control, and delivery of previously communicated production and cash flow targets.

Key Figures

EGO price move: 4.94% Current share price: $33.13 Experience of EVP & COO: More than 30 years +5 more
EGO price move
4.94%
Change over the last 24 hours before this news
Current share price
$33.13
Price prior to leadership update
Experience of EVP & COO
More than 30 years
Simon Hille’s experience in gold and base metals
Projects SVP experience
28 years
Gordana Vicentijevic’s experience in mining and project management
Appointment effective date
May 4, 2026
Effective date for Senior Vice President, Projects role
Joined Eldorado
2020
Year Simon Hille joined the company
Prior EVP role start
November 2023
Start of Hille’s EVP, Technical Services & Operations role
52-week range
$15.30 – $51.16
Pre-news 52-week low and high for EGO

Historical Context

5 past events · Latest: Mar 16
5 events
  1. Mar 16

    Operating authorization

    24h Move
    +0.9%

    Received operating authorization for Ormaque deposit at Lamaque Complex.

  2. Mar 11

    M&A and outlook

    24h Move
    -4.9%

    Mailing circular for Foran combination highlighting growth and 2027 EBITDA and FCF targets.

  3. Mar 03

    ESG recognition

    24h Move
    -9.6%

    Lamaque Complex earned TSM Gold Leadership Award and cyanide code compliance certification.

  4. Feb 19

    Guidance and outlook

    24h Move
    -9.7%

    Issued 2026 guidance and three-year outlook targeting ~40% gold production growth.

  5. Feb 19

    Earnings results

    24h Move
    -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.

Key Terms

extractive metallurgy, australasian institute of mining & metallurgy
2 terms
extractive metallurgy technical
"Mr. Hille holds a Bachelor of Science in Extractive Metallurgy from Curtin University’s Western Australian School of Mines"
Extractive metallurgy is the set of industrial processes used to pull metals out of raw rock or recycled material and turn them into pure, usable metal. Think of it as a factory recipe that separates and cleans the metal ingredient from everything else; efficiency, cost, and environmental impact of that recipe directly affect a mining or metals company's production costs, profit margins, and regulatory risks, so investors watch it to assess supply, pricing and capital needs.
australasian institute of mining & metallurgy technical
"and is a Fellow of the Australasian Institute of Mining & Metallurgy (FAusIMM)."
A professional membership organization for people who work in mining, minerals and related fields that sets industry standards, provides training, and publishes technical guidance. For investors, membership or endorsement from this body signals that a company’s geology, engineering and reporting practices are being reviewed against recognized professional standards—like having a certified mechanic check a car—helping assess competence, risk and the credibility of technical disclosures.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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        


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Simon Hille and what is his role at Eldorado Gold (EGO) as of March 24, 2026?

Simon Hille was appointed Executive Vice President & Chief Operating Officer, overseeing global operations, projects, exploration, and HSES. According to the company, he joined Eldorado in 2020 and has over 30 years of mining experience, previously holding senior roles at Newmont, Barrick, and Newcrest.

When does Gordana Vicentijevic start as Senior Vice President, Projects at Eldorado Gold (EGO)?

Gordana Vicentijevic will begin as Senior Vice President, Projects on May 4, 2026. According to the company, she brings 28 years of project and engineering experience from roles including Equinox Gold, focusing on large-scale project delivery and execution.

How do the March 24, 2026 leadership changes affect Eldorado Gold's (EGO) operational focus?

The appointments are intended to strengthen operational discipline, performance consistency, and execution across the portfolio. According to the company, the changes enhance accountability and integration between regional performance and corporate strategy to advance project development.

What responsibilities will Eldorado Gold's new EVP & COO hold after the March 24, 2026 update?

The EVP & COO will oversee global operations, projects, exploration, and health, safety and sustainability (HSES). According to the company, the role focuses on driving operational excellence, disciplined execution, and consistent performance across Eldorado's portfolio.

Do the March 24, 2026 leadership updates at Eldorado Gold (EGO) include changes to the CEO role?

No CEO change was announced in the March 24, 2026 update; the appointments concern EVP & COO and SVP, Projects. According to the company, George Burns remains CEO and commented on the appointments reinforcing operational and project execution focus.

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