Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
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.
Exhibit 99.1

| NEWS RELEASE | |
| |
| TSX: ELD NYSE: EGO | |
| March 24, 2026 |
Eldorado Gold
Announces Leadership Updates –
Strengthening
Operational Execution and Project Development
Simon Hille Appointed
Executive Vice President and Chief Operating Officer
Gordana Vicentijevic
Appointed Senior Vice President, Projects
VANCOUVER, BC –
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