People: Newmont Goldcorp Corp (NEM)
15 Jul 2019
Mr. Thomas Ronald Palmer is President of the Company. Since May of 2016, when he was appointed Executive Vice President and Chief Operating Officer – with more than 85 percent of Newmont's workforce reporting through to him – Newmont has generated more than $2 billion in free cash flow and commissioned two new mines and five expansions on four continents, on or ahead of schedule and within or below budget. Project optimization work under Mr. Palmer's leadership has also positioned Newmont's robust project pipeline as among the best in the gold sector through capital discipline and a focus on returns. Prior to assuming leadership of Newmont's operations and projects in 2016, Mr. Palmer led the Company's business in the Asia Pacific region, which generated nearly 40 percent of Newmont's revenues at the time. Before being recruited to join Newmont in 2014, Mr. Palmer served as Chief Operating Officer for Pilbara Mines at Rio Tinto Iron Ore. Mr. Palmer's 25-year career in mining includes leadership roles in Rio Tinto's bauxite and aluminum, coal, copper, iron ore, and technology businesses where he gained extensive experience building and leading high-performing global teams to enhance safety, profitability, sustainability, and diversity and inclusion.
|Total Annual Compensation, USD||1,795,980|
|Restricted Stock Awards, USD||2,908,540|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||280,087|
|Fiscal Year Total, USD||4,984,610|