What specific management changes did Codelco implement under new CEO Jorge Gómez, and when do they take effect?

Codelco overhauled its management team by appointing five new vice presidents and making leadership changes at four divisions—including its flagship El Teniente and Chuquicamata operations—as part of CEO Jorge Gómez’s first major initiative since assuming office. Most of these appointments take effect on September 1, according to a regulatory filing released on Friday.

What are the stated strategic priorities behind Codelco’s leadership reshuffle?

The reshuffle reflects a strategic shift—under new CEO Jorge Gómez and Chairman Bernardo Fontaine—toward profitability and financial discipline, moving away from prior emphasis on production growth and high investment; Gómez explicitly stated the priorities are to reinforce safety, stabilize operations, and 'recover Codelco’s results,' while building a team of professionals with industry experience, technical capabilities, and deep knowledge.

Codelco Overhauls Management Team as New CEO Seeks Turnaround

Aug 14, 2026

Codelco announced major management changes under new CEO Jorge Gómez to stabilize operations and finances at its flagship copper mines. The restructuring aims to reverse declining production and debt while shifting focus toward profitability and financial discipline.

bloomberg

2026-08-14

Codelco Overhauls Management Team as New CEO Seeks Turnaround

2026-08-28

Chile's Codelco posts stronger profit on copper rally as mine disruptions drag on output

Codelco Overhauls Management Team as New CEO Seeks Turnaround

FAQ