Barrick Gold Management
Management criteria checks 3/4
Barrick Gold's CEO is Dennis Bristow, appointed in Jan 2019, has a tenure of 4.83 years. total yearly compensation is $13.36M, comprised of 13.5% salary and 86.5% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth R$476.71M. The average tenure of the management team and the board of directors is 4.8 years and 9.3 years respectively.
Key information
Dennis Bristow
Chief executive officer
US$13.4m
Total compensation
| CEO salary percentage | 13.5% |
| CEO tenure | 4.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.8yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | US$58m |
| Jun 30 2023 | n/a | n/a | -US$69m |
| Mar 31 2023 | n/a | n/a | US$114m |
| Dec 31 2022 | US$13m | US$2m | US$432m |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$14m | US$2m | US$2b |
| Sep 30 2021 | n/a | n/a | US$2b |
| Jun 30 2021 | n/a | n/a | US$3b |
| Mar 31 2021 | n/a | n/a | US$2b |
| Dec 31 2020 | US$18m | US$2m | US$2b |
| Sep 30 2020 | n/a | n/a | US$3b |
| Jun 30 2020 | n/a | n/a | US$4b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$17m | US$2m | US$4b |
Compensation vs Market: Dennis's total compensation ($USD13.36M) is above average for companies of similar size in the BR market ($USD5.70M).
Compensation vs Earnings: Dennis's compensation has been consistent with company performance over the past year.
CEO
Dennis Bristow (64 yo)
4.8yrs
Tenure
US$13,360,417
Compensation
Dr. Dennis Mark Bristow, Ph D., serves as Member of International Advisory Board at Barrick Gold Corporation since 2022. He serves as President, Chief Executive Officer and Director at Barrick Gold Corpora...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman & Member of International Advisory Board | 11.8yrs | US$3.14m | 0.16% R$ 217.4m | |
| President | 4.8yrs | US$13.36m | 0.34% R$ 476.7m | |
| Senior EVP & CFO | 4.8yrs | US$6.37m | 0.036% R$ 50.0m | |
| Senior Executive Vice President of Strategic Matters | 9.1yrs | US$5.78m | no data | |
| Chief Operating Officer of Latin America & Asia Pacific | no data | US$4.89m | no data | |
| Chief Operating Officer of North America | 1.8yrs | US$6.01m | 0.0018% R$ 2.5m | |
| Group Corporate Communications & Investor Relations Executive | 4.8yrs | no data | 0.010% R$ 13.9m | |
| General Counsel | 1.6yrs | no data | 0.0010% R$ 1.4m | |
| Human Resources Executive | no data | no data | 0.019% R$ 25.9m | |
| Chief Financial Officer of Barrick Nevada | no data | no data | no data | |
| Group Sustainability Executive | no data | no data | 0.0044% R$ 6.1m | |
| Executive Vice President of Exploration | 2yrs | no data | 0.0051% R$ 7.1m |
4.8yrs
Average Tenure
58yo
Average Age
Experienced Management: BARR34's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Executive Chairman & Member of International Advisory Board | 11.8yrs | US$3.14m | 0.16% R$ 217.4m | |
| President | 4.8yrs | US$13.36m | 0.34% R$ 476.7m | |
| Chairman of International Advisory Board | no data | US$1.20m | no data | |
| Member of International Advisory Board & Independent Director | 20.2yrs | US$320.00k | 0.00063% R$ 877.0k | |
| Lead Independent Director | 17.9yrs | US$385.00k | 0.0017% R$ 2.3m | |
| Member of International Advisory Board | no data | no data | no data | |
| Member of International Advisory Board | no data | no data | no data | |
| Independent Director | 9.3yrs | US$310.00k | 0.0018% R$ 2.5m | |
| Independent Director | 4.8yrs | US$330.00k | 0.0069% R$ 9.6m | |
| Member of International Advisory Board | no data | no data | no data | |
| Independent Director | 9.3yrs | US$295.00k | no data | |
| Member of International Advisory Board | no data | no data | no data |
9.3yrs
Average Tenure
71yo
Average Age
Experienced Board: BARR34's board of directors are considered experienced (9.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/25 03:35 |
| End of Day Share Price | 2023/08/28 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Barrick Gold Corporation is covered by 57 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Harriet Li | Accountability Research Corporation |
| David Coleman | Argus Research Company |
| Fabrizio Spagna | Axia Financial Research |