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Company News Summary

New Hope Corporation Announces Resignation of Chief Executive Officer

14 Jan 2022  |  14:41:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Resignation of Chief Executive Officer

New Hope Corporation announced that Mr Reinhold Schmidt has resigned as the Company's Chief Executive Officer, following a short period of personal leave. The Board has accepted Mr Schmidt's resignation which is effective immediately. The Board has appointed Chief Financial Officer Mr Rob Bishop as Acting Chief Executive Officer. Mr Bishop will receive a higher duties allowance of $230,000 per annum, pro-rata for the term of his appointment as Acting Chief Executive Officer. All other terms and conditions of Mr Bishop's employment remain unchanged.

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