Newmont Mining Corp. announced the composition of Newmont Goldcorp’s executive leadership team following the closing of the transaction. It is expected to close in the second quarter.
“As previously announced in January, leadership of Newmont Goldcorp will feature some of the industry’s best talent and most experienced mining executives known for superior operational execution, consistent project delivery and leadership in safety and sustainability,” said CEO Gary Goldberg.
Tom Palmer will serve as president. Rob Atkinson will serve as executive vice president and COO. Nancy Buese will be executive vice president and CFO. Other announcements include Jennifer Cmil, executive vice president, human resources; Randy Engel, executive vice president, strategic development; Dean Gehring, executive vice president and chief technology officer; Steve Gottesfeld, executive vice president and chief sustainability and external affairs officer; Nancy Lipson, executive vice president and general counsel; and Marcelo Godoy, senior vice president, exploration.
“Going forward, Newmont Goldcorp will maintain its focus on the success and continuity of our business through strategic leadership development, building high performing teams, and robust succession planning,” said Palmer. “This focus ensures that Newmont Goldcorp will maintain deep bench strength and top talent to effectively run our business, achieve competitive advantage and continue to deliver superior business results and long-term value for our shareholders and other stakeholders.”
Immediately upon closing of the transaction, Newmont Goldcorp will deliver a combined $365 million in expected annual pre-tax synergies and target 6 million to 7 million ounces of steady-state gold production over a decades-long time, the company said.