TORONTO, March 31 Barrick Gold Corp
unveiled a new executive compensation plan on Monday, and lead
director J. Brett Harvey said the company may select two new
board members after its upcoming annual meeting.
Under the plan, effective for 2014, the majority of top
executives' compensation will be awarded in units that convert
into Barrick shares, and cannot be sold until the executive
retires or leaves the company.
Barrick shook up its board in December, announcing four new
director nominees, but shortly afterwards two other board
"We've got four new board members coming on, and then we've
got, we're probably going to pick up two more after the AGM,"
said Harvey, who also chairs the compensation committee.
(Reporting by Allison Martell; Editing by Jeffrey Hodgson and