Coronado Global Resources appoints van der Merwe as CEO, effective August 1
Coronado Global Resources appointed Barend (Barrie) J. van der Merwe, the company's Chief Financial Officer since April 2025, to the position of Chief Executive Officer and Managing Director, effective August 1, 2026. Van der Merwe will receive an annual base salary of AU$1,200,000 (inclusive of superannuation), plus additional payments of AU$350,000 in December 2026 and AU$350,000 in December 2027. Interim CEO Garold Spindler will resign from that role effective July 31, 2026, and remain as a non-executive director. Sandeep Deoji was appointed Interim Chief Financial Officer, effective August 1, 2026, at an annual salary of AU$580,000.
Key facts
- Barend J. van der Merwe appointed Chief Executive Officer and Managing Director effective August 1, 2026
- Base salary AU$1,200,000 per annum inclusive of superannuation
- Additional payments AU$350,000 in December 2026 and AU$350,000 in December 2027
- Three months' notice required for termination by either party
- Termination payment of six months' base salary if Company terminates other than for cause
- 12-month post-employment restraint applies
- Garold Spindler resigned as Interim CEO effective July 31, 2026, remains as non-executive director
- Sandeep Deoji appointed Interim CFO effective August 1, 2026 at AU$580,000 per annum
- Board increased from six to seven directors with van der Merwe's appointment as Managing Director
Why it matters
Van der Merwe's elevation from CFO to CEO ends the interim leadership period and signals a transition to permanent management focused on returning the company to profitability and reducing debt; his three-decade mining industry background and knowledge of Coronado's operations position him to shape the company's strategic direction.
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Derived from 8-K filed 2026-07-14. Not investment advice. View the source filing on SEC.gov →