Centerra Gold (NYSE: CGAU) shifts COO role as Hendriks departs and Sylvestre steps in

Rhea-AI Filing Summary

Centerra Gold Inc. announced that Executive Vice President and Chief Operating Officer David Hendriks is leaving the company, though he will remain available in a consulting role to help with an orderly transition. Mike Sylvestre, a veteran mining executive with over 45 years of international experience, has been appointed interim Chief Operating Officer effective immediately.

The company plans to begin a search for a permanent COO while Sylvestre supports operational execution and development of Centerra’s organic growth pipeline across its mines and projects in North America and Türkiye.

Insights

Mining sector governance analyst

Centerra’s COO transition appears orderly, with an experienced interim leader stepping in.

Centerra Gold is managing a senior leadership change as COO David Hendriks departs but remains available as a consultant. This continuity helps reduce disruption risk at operating sites while a permanent successor is identified.

The appointment of Mike Sylvestre as interim COO brings over 45 years of mining experience, including leadership roles at major and mid-tier producers. His background in operations, safety, and sustainability aligns with Centerra’s focus on execution across its operating assets and project pipeline.

The transition centers on operational leadership rather than a change in strategy. Future company updates may clarify how Sylvestre’s interim tenure influences performance at Mount Milligan, Öksüt, and the company’s development projects.

Key Figures

Interim COO effective date: March 30, 2026 Industry experience: Over 45 years Recent prior role end: 2022 +1 more

4 metrics

Interim COO effective date March 30, 2026 Date Mike Sylvestre assumed COO responsibilities on an interim basis

Industry experience Over 45 years Mike Sylvestre’s international mining experience

Recent prior role end 2022 Year Sylvestre retired as Senior Vice President, Americas at Kinross Gold

Contact phone (416) 204-3780 Investor relations contact number for Centerra Gold

Key Terms

interim Chief Operating Officer, organic growth pipeline, operational excellence, sustainable practices, +1 more

5 terms

interim Chief Operating Officer financial

"Mike Sylvestre will assume the responsibilities of COO on an interim basis"

organic growth pipeline financial

"continue to develop our organic growth pipeline of projects"

operational excellence financial

"driving safety performance, operational excellence, and sustainable practices"

Operational excellence is the ongoing pursuit of performing business activities in the most efficient, effective, and consistent way possible. It involves streamlining processes, reducing waste, and maintaining high quality to improve overall performance. For investors, achieving operational excellence signals a company’s ability to manage resources well, adapt to changes, and deliver reliable results over time.

sustainable practices financial

"driving safety performance, operational excellence, and sustainable practices"

Sustainable practices are the everyday policies and actions a company uses to reduce harm to the environment, conserve resources, treat workers and communities fairly, and run operations that can endure over time — like tending a garden so it keeps producing without exhausting the soil. Investors care because these practices can lower regulatory and operational risks, cut long‑term costs, attract customers and talent, and help preserve or improve a company’s future cash flow and valuation.

foreign private issuer regulatory

"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"

A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-40324

Centerra Gold Inc.
(Translation of registrant's name into English)

1 University Avenue, Suite 1800
 Toronto, Ontario
 M5J 2P1
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]

On March 30, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

(c) Exhibit 99.1. Press release dated March 30, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Centerra Gold Inc.
		(Registrant)
Date: March 30, 2026		/s/ Yousef Rehman
		Yousef Rehman
		Vice President, General Counsel & Corporate Secretary

EXHIBIT 99.1

Centerra Gold Announces Executive Changes

TORONTO, March 30, 2026 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces that David Hendriks, Executive Vice President and Chief Operating Officer (“COO”), will be leaving the Company. He will remain available to the Company in a consulting capacity to support a smooth transition. Mike Sylvestre will assume the responsibilities of COO on an interim basis, effective today.

President and CEO, Paul Tomory, commented, “As we begin the search for a permanent replacement, we are pleased to welcome Mike Sylvestre as our interim Chief Operating Officer. Mike brings decades of operational leadership and deep technical expertise, and we are confident his experience and results-driven approach will support our sites as we remain focused on execution across our operating assets and continue to develop our organic growth pipeline of projects.”

Mr. Sylvestre is a seasoned mining executive with over 45 years of international experience and has held leadership roles at major, mid-tier and junior mining companies. He most recently served as Senior Vice President, Americas at Kinross Gold, retiring in 2022. Over the course of his career, he has held a range of senior operational and executive roles, with a strong track record in leading both established and start-up operations, driving safety performance, operational excellence, and sustainable practices. He currently serves on the boards of Hochschild Mining and Vista Gold Corp. Mr. Sylvestre holds a Master of Science in Mining and Mineral Engineering from McGill University and a Bachelor of Science in Mining Engineering from Queen’s University and is a member of the Professional Engineers of Ontario.

About Centerra Gold

Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Türkiye, and other markets worldwide. Centerra operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Öksüt Mine in Türkiye. The Company also owns the Kemess Project in British Columbia, Canada, the Goldfield Project in Nevada, United States, and owns and operates the Molybdenum Business Unit in the United States and Canada. Centerra’s shares trade on the Toronto Stock Exchange (“TSX”) under the symbol CG and on the New York Stock Exchange (“NYSE”) under the symbol CGAU. The Company is based in Toronto, Ontario, Canada.

For more information:

Lisa Wilkinson
Vice President, Investor Relations & Corporate Communications
(416) 204-3780
Lisa.Wilkinson@centerragold.com

Additional information on Centerra is available on the Company’s website at www.centerragold.com, on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar.

FAQ

What executive change did Centerra Gold (CGAU) announce?

Centerra Gold announced that Executive Vice President and Chief Operating Officer David Hendriks will be leaving the company. He will remain available in a consulting capacity to support a smooth transition while the company searches for a permanent replacement.

Who is Centerra Gold’s new interim COO and what is his background?

Centerra Gold appointed Mike Sylvestre as interim Chief Operating Officer. He has over 45 years of international mining experience, including senior roles at major, mid-tier and junior miners, and most recently served as Senior Vice President, Americas at Kinross Gold until his retirement in 2022.

When does Centerra Gold’s COO transition become effective?

The transition is effective immediately as of March 30, 2026, with Mike Sylvestre assuming COO responsibilities on an interim basis. Outgoing COO David Hendriks will support the company in a consulting role to help ensure continuity during the changeover.

Will Centerra Gold’s outgoing COO remain involved with the company?

Yes. Although Executive Vice President and COO David Hendriks is leaving his role, he will remain available to Centerra Gold in a consulting capacity. This ongoing involvement is intended to support a smooth operational and leadership transition for the company.

What operations does Centerra Gold (CGAU) currently manage?

Centerra Gold operates the Mount Milligan Mine in British Columbia and the Öksüt Mine in Türkiye. It also owns the Kemess Project, the Goldfield Project, and a Molybdenum Business Unit in North America, reflecting a portfolio of producing and development-stage assets.

On which exchanges are Centerra Gold shares traded?

Centerra Gold’s shares trade on the Toronto Stock Exchange under the symbol CG and on the New York Stock Exchange under the symbol CGAU. The company is headquartered in Toronto and positions itself as a Canadian-based gold mining business with international operations.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE 3.6 KB