Coronado Global Resources Inc. announced that Mr. Douglas G. Thompson informed Coronado Global Resources Inc. that he is resigning as Chief Executive Officer of the Company to pursue new opportunities. Mr. Thompson's resignation will be effective as of March 31, 2026. In connection with Mr. Thompson's departure, the Board reduced the size of the Board from seven to six.
As a result of Mr. Thompson's departure from the Company, on March 26, 2026, the Board, at the recommendation of the Compensation and Nominating Committee of the Board, appointed Mr. Garold Spindler, the current Executive Chair of the Board and former Chief Executive Officer of the Company, to serve as the Company's Interim Chief Executive Officer, effective as of April 1, 2026. Mr. Spindler will continue to serve on the Board as a director. Mr. Spindler, age 78, has served as Executive Chair of the Board since May 2023, and previously served as Managing Director of the Board and Chief Executive Officer of the Company from August 2018 to May 2023.
Prior to that, Mr. Spindler served as the Chief Executive Officer of Coronado Group LLC from its formation in 2011 until October 2018. He also served as the Chief Executive Officer at Coronado Group HoldCo LLC from December 2017 until August 2018. Mr. Spindler has 50 years' experience in the coal industry and has held several key executive positions at some of the world's largest coal companies, including Chief Executive Officer of UK Coal, President and Chief Executive Officer of Amax Coal Company (U.S.), and President and Chief Executive Officer of Pittston Coal Company.
Mr. Spindler earned both a B.S. and M.S. in Mining Engineering from West Virginia University, and a Masters of Management from Stanford University.
