Resignation Chief Executive Officer

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Stock Coronado Global Resources Inc (CRN.ASX)
Release Time 23 Feb 2026, 8:26 a.m.
Price Sensitive Yes
 Resignation of Chief Executive Officer and Management Transitions
Key Points
  • Chief Executive Officer Douglas Thompson to resign after successful 3-year plan
  • Executive Chair Gerry Spindler to assume Interim CEO role upon Thompson's departure
  • Chief Development Officer Jeff Bitzer to step back from full-time responsibilities
Full Summary

Coronado Global Resources Inc. (ASX: CRN) has announced upcoming changes to its executive leadership team, including the resignation of Chief Executive Officer and Managing Director Douglas Thompson. During his tenure, Mr Thompson has guided the Company through several major initiatives that have strengthened Coronado's long-term position, including the division of the Curragh operations into three distinct complexes, the development of the Mammoth Underground at Curragh, and the substantial expansion at Buchanan. The Board has commenced a formal recruitment process for a new Chief Executive Officer ('CEO') of the Company. Mr Thompson will remain with the business during a transition period to ensure continuity. Subject to Board approval, it is planned that upon Mr Thompson's departure, the Company's Executive Chair and former CEO of the Company, Gerry Spindler, will assume the role of Interim CEO, and Greg Pritchard will transition to Interim Chair of the Board.In addition, after more than fifty years in the coal mining industry, Jeff Bitzer, Coronado's Chief Development Officer and formerly Chief Operating Officer, has decided to step back from full-time responsibilities, effective as of 28 February 2026. Mr Bitzer will continue with Coronado on a part-time basis from 1 March 2026, focusing on major projects that benefit from his deep technical expertise.