Milind Oza has been appointed as the new CEO of embattled miner Wollongong Coal.
Oza, 58, officially stepped into the role on 31 July, and takes leadership of the company from chief operating officer Dave Stone.
Oza was previously president of global ventures for Jindal Steel and Power before joining Wollongong Coal.
He remains chair of Jindal Power Senegal.
Wollongong Coal has put Oza’s salary at close to half a million dollars annually, including $30,000 in superannuation, with his contract slated to run for four years from the date of appointment.
He is expected to turn around the coal miner, which has undergone a swathe of financial and production issues, as well as job cuts, over the last two years.