Newmont Corp Elects New Directors, Appoints Lead Independent Director

TL;DR

Newmont adds two directors to the board, Grauer named Lead Independent Director.

AI Summary

On November 18, 2024, Newmont Corporation announced changes in its executive leadership. The company elected two new directors, Ms. Eleanor R. Santos and Mr. David A. Johnson, to its Board of Directors, effective immediately. Additionally, Mr. Peter T. Grauer was appointed as the new Lead Independent Director.

Why It Matters

These board changes could signal shifts in strategic direction or governance for Newmont Corporation, impacting investor confidence and future operational decisions.

Risk Assessment

Risk Level: low — The filing concerns routine board appointments and does not indicate any significant financial distress or operational issues.

Key Players & Entities

• Newmont Corporation (company) — Registrant
• Eleanor R. Santos (person) — Newly elected director
• David A. Johnson (person) — Newly elected director
• Peter T. Grauer (person) — Newly appointed Lead Independent Director

FAQ

Key Financial Figures

• $1.60 — ch registered Common stock, par value $1.60 per share NEM New York Stock Exchan

Filing Documents

• tm2428762d1_8k.htm (8-K) — 26KB
• 0001104659-24-120181.txt ( ) — 195KB
• nem-20241118.xsd (EX-101.SCH) — 3KB
• nem-20241118_lab.xml (EX-101.LAB) — 33KB
• nem-20241118_pre.xml (EX-101.PRE) — 22KB
• tm2428762d1_8k_htm.xml (XML) — 3KB

02. Departure of Directors or Certain Officers; Election

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer. Mr. Brian Tabolt, age 43, will be appointed to the role of Chief Accounting Officer and Group Head, Finance effective as of December 1, 2024. Mr. Tabolt has held a strategic leadership role as Group Head, Financial Planning and Analysis since May 2023. Prior to that, Mr. Tabolt was elected Interim Chief Financial Officer in November 2022 after having served as Vice President, Controller and Chief Accounting Officer since May 2021. Before joining Newmont Corporation, Mr. Tabolt served as Molson Coors Beverage Company's Vice President, Controller and Chief Accounting Officer since 2014 and held other senior management roles within Molson Coors' Accounting function, including as Senior Director of SEC Reporting and Technical Accounting and Senior Manager Technical Accounting. Mr. Tabolt began his career in public accounting with Deloitte, holds Bachelor and Master of Science degrees in Accounting from Pennsylvania State University and is a Certified Public Accountant. Mr. Tabolt will participate in the Company's standard compensation programs at the L5 (Section 16) level. There are no other arrangements or understandings related to his appointment to the role between Mr. Tabolt and any other persons. Mr. Tabolt does not have a family relationship with any member of the Board of Directors or any executive officer of the Company, and Mr. Tabolt has not been a participant or had any interest in any transaction with the Company that is reportable under Item 404(a) of Regulation S-K. Mr. Tabolt's appointment coincides with Mr. Joshua Cage's transition to the role of Global Controller and Head, Operations Accounting, effective December 1, 2024, reporting to the Chief Accounting Officer. This change was not the result of any disagreements with the Company on any matter relating to the Company's operations, policies or

View Full Filing

View this 8-K filing on SEC EDGAR