Newmont Amends Officer Compensation, Director Changes
Ticker: NEMCL · Form: 8-K/A · Filed: Feb 22, 2024 · CIK: 1164727
| Field | Detail |
|---|---|
| Company | Newmont Corp /De/ (NEMCL) |
| Form Type | 8-K/A |
| Filed Date | Feb 22, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.60 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, amendment, executive-compensation
Related Tickers: NEM
TL;DR
**Newmont just filed an amendment about executive pay and board changes from last year, so keep an eye on governance.**
AI Summary
Newmont Corporation filed an 8-K/A on February 22, 2024, amending previous reports regarding compensatory arrangements and the departure or election of directors and officers. The original event reported was on February 14, 2023. This amendment (Amendment No. 3) pertains to Item 5.02 of Form 8-K, focusing on changes in management and their compensation.
Why It Matters
This filing provides updated information on Newmont's executive compensation and board structure, which can influence investor confidence and corporate governance perceptions.
Risk Assessment
Risk Level: low — This is an amendment to a past filing, providing clarification rather than announcing a new, significant event that would immediately impact the company's operations or financial standing.
Key Players & Entities
- Newmont Corporation (company) — Registrant
- February 14, 2023 (date) — Date of earliest event reported
- February 22, 2024 (date) — Filed as of date
- Amendment No. 3 (other) — Specific amendment number
FAQ
What is the purpose of this 8-K/A filing by Newmont Corporation?
This 8-K/A (Amendment No. 3) is filed by Newmont Corporation to amend previous reports, specifically concerning Item 5.02 regarding the departure or election of directors or certain officers and compensatory arrangements of certain officers.
What was the original date of the earliest event reported in this filing?
The original date of the earliest event reported in this filing was February 14, 2023.
When was this 8-K/A amendment filed with the SEC?
This 8-K/A amendment was filed with the SEC on February 22, 2024.
What is Newmont Corporation's state of incorporation?
Newmont Corporation's state of incorporation is Delaware.
What is the Commission File Number for Newmont Corporation?
The Commission File Number for Newmont Corporation is 001-31240.
Filing Stats: 948 words · 4 min read · ~3 pages · Grade level 12 · Accepted 2024-02-22 16:15:44
Key Financial Figures
- $1.60 — ch registered Common stock, par value $1.60 per share NEM New York Stock Exchan
Filing Documents
- tm246653d2_8ka.htm (8-K/A) — 29KB
- 0001104659-24-026544.txt ( ) — 198KB
- nem-20230214.xsd (EX-101.SCH) — 3KB
- nem-20230214_lab.xml (EX-101.LAB) — 33KB
- nem-20230214_pre.xml (EX-101.PRE) — 22KB
- tm246653d2_8ka_htm.xml (XML) — 3KB
02
Item 5.02. Departure of Certain Officers. As previously reported by the Company in the Form 8-K Filings, Ms. Viljoen joined the Company's Executive Leadership Team as Executive Vice President and Chief Operating Officer in October 2023. Ms. Viljoen initially assumed accountability for the Company's Australia, Papua New Guinea and North America Business Units, in addition to oversight of critical activities associated with incorporating Newcrest Mining Limited's people and assets into Newmont. During a transition period from October 2023 to present, Mr. Atkinson continued to lead the Company's Africa, Peru, and Latin America & Caribbean (formerly South America) Business Units, as well as Global Projects, and to support the transition of critical operational integration activities as Co-Chief Operating Officer. Effective March 1, 2024, Ms. Viljoen will assume full accountability for all Business Units. In connection with completion of this planful transition, the Company and Mr. Atkinson agreed that Mr. Atkinson will be departing the Company, effective May 2, 2024. Mr. Atkinson will be entitled to receive severance benefits in accordance with the Company's previously disclosed Executive Severance Plan at the E3 (now L6) level. The Company and its Board of Directors wish to extend thanks to Mr. Atkinson for his numerous contributions to the Company and dedicated leadership of Newmont's global operations. SIGNATURE Pursuant to the requirements of the Securities and Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. By: /s/ Logan Hennessey Name: Logan Hennessey Title: Vice President, Deputy General Counsel and Corporate Secretary Dated: February 22, 2024