https://newsletter.mw.creamermedia.com
Copper
Copper
copper

Polish copper miner KGHM dismisses CEO Szydlo

30th January 2026

By: Reuters

  

Font size: - +

Polish copper miner KGHM dismissed CEO Andrzej Szydlo and deputy CEO Piotr Stryczek on Friday, the company said in a statement, without providing a reason.

As of 11:22 GMT, shares of the company were down 7.5%, as the leadership overhaul coincided with a sharp correction in copper and precious metal prices.

Analyst Jakub Szkopek from Erste Group said the CEO dismissal was unexpected.

"It will certainly not help KGHM's share price," Szkopek said, noting that the change creates uncertainty just as the company was preparing to update its strategy.

Szydlo had led the state-controlled miner since March 2024.

The supervisory board has delegated its member Remigiusz Paszkiewicz to temporarily perform the CEO duties for up to three months until a permanent appointment is made, KGHM said.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Rosond
Rosond

ROSOND provides fast, efficient, safe, and cost-effective drilling and grouting services to mining and exploration industries throughout Africa.

VISIT SHOWROOM 
ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Gold and platinum developments make headlines
Gold and platinum developments make headlines
27th February 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.063 0.149s - 127pq - 2rq
Subscribe Now