Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ) just unveiled an update.
Coronado Global Resources Inc. has announced that Chief Executive Officer and Managing Director Douglas Thompson will step down at the close of business on 31 March 2026. The Board has appointed Executive Chair and former CEO Gerry Spindler as Interim Chief Executive Officer effective 1 April 2026, while he continues to serve as a director.
Spindler’s interim role will carry an annual base salary of US$1,250,000, prorated for 2026, with eligibility for short-term incentive and benefit plans but exclusion from long-term incentive schemes. Concurrently, director Greg Pritchard will assume the role of Chair of the Board from 1 April 2026, signalling a near-term leadership reshuffle designed to steady governance during the CEO transition.
The most recent analyst rating on (AU:CRN) stock is a Sell with a A$0.25 price target. To see the full list of analyst forecasts on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh stock, see the AU:CRN Stock Forecast page.
More about Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh
Coronado Global Resources Inc. is an ASX-listed coal producer focused on metallurgical coal used in steelmaking. The company operates in the global resources sector, supplying key industrial markets with seaborne coal and maintaining a presence in both Australian and international mining regions.
Average Trading Volume: 5,607,866
Technical Sentiment Signal: Sell
Current Market Cap: A$528.1M
See more insights into CRN stock on TipRanks’ Stock Analysis page.