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Leaner board for Eldorado Gold

Eldorado Gold (CN:ELD) has shuffled its board around after director Jonathan Rubenstein resigned and chairman Robert Gilmore stepped down, although he will remain a director.
Leaner board for Eldorado Gold Leaner board for Eldorado Gold Leaner board for Eldorado Gold Leaner board for Eldorado Gold Leaner board for Eldorado Gold

Dr George Albino has been appointed as independent chairman of Eldorado's board

Staff reporter

The company has appointed economic geologist Dr George Albino as independent chairman and said it would not replace the departing directors to make the board leaner and more concentrated. The changes were all effective January 1.

Eldorado has also decided to reduce total and individual director compensation "in keeping with peer group considerations".

The leaner board will be reconstituting its corporate governance and nominating committee, compensation committee and audit committee in the upcoming weeks and will also review its committee mandates and board policies.

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