20 January 2020
A NEW DECADE AND NEW CEO
“Centennial Coal (Centennial) today announced that its CEO and Managing Director, Mick
Cairney, has agreed with the Board of Centennial to step down as CEO and Managing
Director effective from 17th January 2020. During Mick’s 31 year career with Centennial he
managed four of Centennial’s mines, headed up Health, Safety, Environment and
Community across the Group and was Executive GM Operations before being appointed
Managing Director and CEO in 2017.
Centennial Director and Banpu Chairman (Centennial is a wholly owned subsidiary of Banpu
Public Company Limited), Chanin Vongkusolkit, thanked Mick for his enormous contribution
to the Company over 31 years.
The baton has been passed to Centennial’s current Deputy CEO Peter Parry. Peter has
over 30 years experience in the Australian mining industry as a qualified accountant. He has
worked for American and Japanese multinational companies and also Australian and
Thailand stock exchange listed companies in the oil and gas industry and since 1989 in the
coal and power industry.
In Peter’s most recent role he oversaw the finance, marketing and logistics, legal, risk and
compliance functions across the Centennial group. His role prior in 2015 - 2016 was the
Chief Financial Officer of Banpu Public Company Limited, based in Bangkok, and listed on
the Thailand stock exchange.
Prior to Peter’s move to Bangkok he held various finance related roles at Centennial, where
he oversaw the Company’s growth from a market capitalisation of A$25m in 1996 to
A$2.5bn, when it was acquired by Banpu in 2010.
Peter thanked Mick for his years of dedication, passion and leadership to Centennial and
said he is looking forward to continuing to build on Centennial’s strengths to meet the
challenges of the changing coal and energy markets.
For further information contact:
Katie Brassil – Executive GM Corporate Communications 0419 356 690