Newmont Management

Management criteria checks 2/4

Newmont's CEO is Tom Palmer, appointed in Oct 2019, has a tenure of 5.58 years. total yearly compensation is $12.97M, comprised of 11.5% salary and 88.5% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth MX$120.90M. The average tenure of the management team and the board of directors is 1.2 years and 5.3 years respectively.

Key information

Tom Palmer

Chief executive officer

US$13.0m

Total compensation

CEO salary percentage	11.49%
CEO tenure	5.6yrs
CEO ownership	0.01%
Management average tenure	1.2yrs
Board average tenure	5.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Palmer's remuneration changed compared to Newmont's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2025	n/a	n/a	US$5b
Dec 31 2024	US$13m	US$1m	US$3b
Sep 30 2024	n/a	n/a	-US$1b
Jun 30 2024	n/a	n/a	-US$2b
Mar 31 2024	n/a	n/a	-US$3b
Dec 31 2023	US$12m	US$1m	-US$3b
Sep 30 2023	n/a	n/a	-US$839m
Jun 30 2023	n/a	n/a	-US$778m
Mar 31 2023	n/a	n/a	-US$552m
Dec 31 2022	US$14m	US$1m	-US$459m
Sep 30 2022	n/a	n/a	US$968m
Jun 30 2022	n/a	n/a	US$742m
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$13m	US$1m	US$1b
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$12m	US$1m	US$3b
Sep 30 2020	n/a	n/a	US$2b
Jun 30 2020	n/a	n/a	US$4b
Mar 31 2020	n/a	n/a	US$4b
Dec 31 2019	US$7m	US$918k	US$3b
Sep 30 2019	n/a	n/a	US$2b
Jun 30 2019	n/a	n/a	-US$50m
Mar 31 2019	n/a	n/a	US$223m
Dec 31 2018	US$5m	US$779k	US$280m

Compensation vs Market: Tom's total compensation ($USD12.97M) is above average for companies of similar size in the MX market ($USD5.56M).

Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.

CEO

Tom Palmer (56 yo)

5.6yrs

Tenure

US$12,965,126

Compensation

Mr. Thomas Ronald Palmer, also known as Tom, has been Chief Executive Officer and Director of Newmont Corporation (formerly, Newmont Goldcorp Corporation) since October 1, 2019 and had been its President s...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Thomas Palmer	CEO & Director	5.6yrs	US$12.97m	0.011% MX$ 120.9m
Natascha Viljoen	President & COO	1.2yrs	US$5.11m	0.014% MX$ 161.9m
Karyn Ovelmen	Executive VP & CFO	2yrs	US$4.32m	0.0013% MX$ 14.4m
Peter Wexler	Executive VP & Chief Legal Officer	1.2yrs	US$4.58m	0.0066% MX$ 73.7m
Peter Toth	Executive VP	less than a year	US$3.54m	0.0072% MX$ 81.2m
Francois Hardy	Executive VP & CTO	1yr	no data	0.0035% MX$ 38.9m
Luis Canepari	Group Head of Information Technology	no data	no data	no data
Neil Backhouse	Group Head of Investor Relations	no data	no data	no data
Scott Sullivan	Group Head	no data	no data	no data
Shannon Brushe	Global Media Relations	less than a year	no data	no data
Jennifer Cmil	Executive VP & Chief People Officer	5.6yrs	no data	0.0066% MX$ 74.0m
Alwyn Pretorius	Managing Director of Papua New Guinea	1.6yrs	no data	no data

1.2yrs

Average Tenure

54yo

Average Age

Experienced Management: NEM *'s management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Thomas Palmer	CEO & Director	5.6yrs	US$12.97m	0.011% MX$ 120.9m
Maura Clark	Independent Director	5.1yrs	US$315.00k	0.0018% MX$ 19.6m
Harry Conger	Independent Director	less than a year	US$216.92k	0.0019% MX$ 21.8m
Bruce Brook	Senior Independent Director	13.6yrs	US$350.00k	0.0013% MX$ 14.7m
Gregory Boyce	Independent Chairman of the Board	9.6yrs	US$510.00k	0.0041% MX$ 45.5m
Rene Medori	Independent Director	7.1yrs	US$315.00k	0.00069% MX$ 7.7m
Julio Quintana	Independent Director	9.6yrs	US$340.00k	0.0041% MX$ 45.5m
David Seaton	Independent Director	less than a year	no data	0.00031% MX$ 3.5m
Emma FitzGerald	Independent Director	3.4yrs	US$315.00k	0.0014% MX$ 15.4m
Jane Nelson	Independent Director	13.6yrs	US$344.03k	0.0052% MX$ 58.1m
Sally-Anne Layman	Independent Director	1.5yrs	US$315.00k	0.00038% MX$ 4.3m
Jose Madero Garza	Independent Director	4.1yrs	US$315.00k	0.0015% MX$ 16.9m

5.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: NEM *'s board of directors are considered experienced (5.3 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/21 18:58
End of Day Share Price	2025/05/13 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Newmont Corporation is covered by 70 analysts. 17 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
David Coleman	Argus Research Company
Farooq Hamed	Barclays
Dale Koenders	Barrenjoey Markets Pty Limited

Newmont Management

Management criteria checks 2/4

Key information

Recent management updates

Newmont Corporation Promotes Natascha Viljoen to President and Chief Operating Officer

Newmont Corporation, Annual General Meeting, Apr 30, 2025

Insider recently bought Mex$8.3m worth of stock

Newmont Corporation Appoints Harry M. Conger to its Board of Directors and Safety and Sustainability Committee

Newmont Corporation Appoints Francois Hardy as Chief Technology Officer , Effective May 1, 2024

Newmont Corporation, Annual General Meeting, Apr 24, 2024

Recent updates

Upcoming dividend of US$0.25 per share

Now 22% undervalued

Newmont Corporation Promotes Natascha Viljoen to President and Chief Operating Officer

First quarter dividend of US$0.25 announced

First quarter 2025 earnings released: EPS: US$1.68 (vs US$0.14 in 1Q 2024)

Newmont Corporation Declares Quarterly Dividend, Payable on June 20, 2025

Zijin Mining Group Company Limited (SEHK:2899) completed the acquisition of Newmont Golden Ridge Limited from Newmont Corporation (NYSE:NEM).

Investor sentiment improves as stock rises 23%

Now 21% overvalued after recent price rise

Newmont Corporation to Report Q1, 2025 Results on Apr 23, 2025

Newmont Corporation, Annual General Meeting, Apr 30, 2025

Dhilmar Ltd completed the acquisition of Éléonore operation in Northern Quebec, Canada from Newmont Corporation (NYSE:NEM).

Fourth quarter dividend of US$0.25 announced

Full year 2024 earnings released: EPS: US$2.86 (vs US$3.00 loss in FY 2023)

Newmont Corporation Declares Dividend for the Fourth Quarter of 2024, Payable on March 27, 2025

Rosen Law Firm Files Class Action on Newmont Corporation

Newmont Corporation to Report Q4, 2024 Results on Feb 20, 2025

Greatland Gold plc (AIM:GGP) completed the acquisition of 70% of Havieron gold-copper project and 100% ownership of the Telfer gold-copper Mine from Newmont Corporation (NYSE:NEM).

Insider recently bought Mex$8.3m worth of stock

Orosur Mining Inc. (TSXV:OMI) completed the acquisition of remaining 51% stake in Anzá Project in Colombia from Newmont Corporation (NYSE:NEM) and Agnico Eagle Mines Limited (NYSE:AEM).

Dhilmar Ltd agreed to acquire Éléonore operation in Northern Quebec, Canada from Newmont Corporation (NYSE:NEM) for approximately $800 million.

Upcoming dividend of US$0.25 per share

Third quarter dividend of US$0.25 announced

Newmont Corporation Provides Production Guidance for the Fourth Quarter of 2024

Third quarter 2024 earnings released: EPS: US$0.76 (vs US$0.20 in 3Q 2023)

Newmont Corporation (NYSE:NEM) announces an Equity Buyback for $2,000 million worth of its shares.

Zijin Mining Group Company Limited (SEHK:2899) entered into a definitive agreement to acquire Newmont Golden Ridge Limited from Newmont Corporation (NYSE:NEM) for $1 billion.

Newmont Corporation to Report Q3, 2024 Results on Oct 23, 2024

Greatland-Newmont in Talks over Telfer

Upcoming dividend of US$0.25 per share

Second quarter dividend of US$0.25 announced

Second quarter 2024 earnings released: EPS: US$0.73 (vs US$0.19 in 2Q 2023)

Newmont Corporation Declares Dividend for the Second Quarter Ended June 30, 2024, Payable on September 30, 2024

Newmont Corporation Appoints Harry M. Conger to its Board of Directors and Safety and Sustainability Committee

First quarter dividend of US$0.25 announced

First quarter dividend of US$0.25 announced

First quarter 2024 earnings released: EPS: US$0.14 (vs US$0.43 in 1Q 2023)

Newmont Corporation Appoints Francois Hardy as Chief Technology Officer , Effective May 1, 2024

Newmont Corporation to Report Q1, 2024 Results on Apr 25, 2024

Newmont Corporation, Annual General Meeting, Apr 24, 2024

Fury Gold Mines Limited (TSX:FURY) completed the acquisition of 10.98% stake in Sirios Resources Inc. (TSXV:SOI) from Newmont Corporation (NYSE:NEM) and Goldcorp Incorporated.

Fury Gold Mines Limited (TSX:FURY) entered into an agreement to acquire 11.3% stake in Sirios Resources Inc. (TSXV:SOI) from Newmont Corporation (NYSE:NEM) for CAD 1.3 million.

Newmont Corporation (NYSE:NEM) announces an Equity Buyback for $1,000 million worth of its shares.

Newmont Corporation (NYSE:NEM) completed the acquisition of Newcrest Mining Limited (ASX:NCM) from State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Allan Gray Australia Pty Ltd. and others.

Newmont Corporation (NYSE:NEM) completed the acquisition of Newcrest Mining Limited (ASX:NCM) from State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., Allan Gray Australia Pty Ltd. and others.

Newmont Corporation (NYSE:NEM) made an offer to acquire Newcrest Mining Limited (ASX:NCM) for AUD 23.4 billion.

Triple Flag Precious Metals Corp. (TSX:TFPM) completed the acquisition of Maverix Metals Inc. (TSX:MMX) from Newmont Corporation (NYSE:NEM), Pan American Silver Corp. (TSX:PAAS), Kinross Gold Corporation (TSX:K) and others.

CEO Compensation Analysis

CEO

Leadership Team

Board Members

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources