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New Hope Corporation Limited (ASX:NHC) has appointed Shane Stephan as its new chief executive.
Mr Stephan, who is the company’s chief financial officer, will take over the top job when he replaces Robert Neale next year.
Mr Stephan first joined New Hope in 2009, having previously worked at Macarthur Coal Limited and as a Queensland mines inspector.
He also has experience in investment banking.
The leadership transition is part of a long-term succession plan, the company says.
New Hope generated a net profit of $68.8 million in the first half of fiscal 2013.
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