Newmont Corporation

BMV:NEM * Stock Report

Market Cap: Mex$853.1b

Newmont Management

Management criteria checks 2/4

Newmont's CEO is Tom Palmer, appointed in Nov 2018, has a tenure of 6.08 years. total yearly compensation is $11.75M, comprised of 12.2% salary and 87.8% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth MX$184.78M. The average tenure of the management team and the board of directors is 1 years and 4.9 years respectively.

Key information

Tom Palmer

Chief executive officer

US$11.7m

Total compensation

CEO salary percentage12.2%
CEO tenure6.1yrs
CEO ownership0.02%
Management average tenure1yrs
Board average tenure4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tom Palmer's remuneration changed compared to Newmont's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$1b

Jun 30 2024n/an/a

-US$2b

Mar 31 2024n/an/a

-US$3b

Dec 31 2023US$12mUS$1m

-US$3b

Sep 30 2023n/an/a

-US$839m

Jun 30 2023n/an/a

-US$778m

Mar 31 2023n/an/a

-US$552m

Dec 31 2022US$14mUS$1m

-US$459m

Sep 30 2022n/an/a

US$968m

Jun 30 2022n/an/a

US$742m

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$13mUS$1m

US$1b

Sep 30 2021n/an/a

US$2b

Jun 30 2021n/an/a

US$3b

Mar 31 2021n/an/a

US$2b

Dec 31 2020US$12mUS$1m

US$3b

Sep 30 2020n/an/a

US$2b

Jun 30 2020n/an/a

US$4b

Mar 31 2020n/an/a

US$4b

Dec 31 2019US$7mUS$918k

US$3b

Sep 30 2019n/an/a

US$2b

Jun 30 2019n/an/a

-US$50m

Mar 31 2019n/an/a

US$223m

Dec 31 2018US$5mUS$779k

US$280m

Sep 30 2018n/an/a

-US$266m

Jun 30 2018n/an/a

US$108m

Mar 31 2018n/an/a

US$24m

Dec 31 2017US$6mUS$750k

-US$76m

Compensation vs Market: Tom's total compensation ($USD11.75M) is above average for companies of similar size in the MX market ($USD5.71M).

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

CEO

Tom Palmer (56 yo)

6.1yrs

Tenure

US$11,747,104

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 has been its President s...

Leadership Team

NamePositionTenureCompensationOwnership
Thomas Palmer
President6.1yrsUS$11.75m0.022%
MX$ 184.8m
Karyn Ovelmen
Executive VP & CFOno dataUS$2.48m0.0050%
MX$ 43.0m
Natascha Viljoen
Executive VP & Chief Operating Officerless than a yearUS$7.14m0.014%
MX$ 116.6m
Brian Tabolt
Chief Accounting Officer & Group Head of Financeno dataUS$1.45m0.0033%
MX$ 28.1m
Peter Toth
Executive VP & Chief Development Officer2.4yrsUS$3.09m0.0076%
MX$ 64.4m
Francois Hardy
Executive VP & Chief Technology Officerless than a yearno data0.0029%
MX$ 25.2m
Neil Backhouse
Group Head of Investor Relationsno datano datano data
Peter Wexler
Executive VP & Chief Legal Officerless than a yearno data0.0063%
MX$ 53.7m
Jennifer Cmil
Executive VP & Chief People Officer5.2yrsno data0.0059%
MX$ 50.7m
Alwyn Pretorius
Managing Director of Papua New Guinea1.2yrsno datano data
Suzanne Retallack
Executive VP1.5yrsno data0.0035%
MX$ 29.9m
Natalie Worley
Head of Investor Relations Australialess than a yearno datano data

1.0yrs

Average Tenure

53.5yo

Average Age

Experienced Management: NEM *'s management team is not considered experienced ( 1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Thomas Palmer
President5.2yrsUS$11.75m0.022%
MX$ 184.8m
Maura Clark
Independent Director4.7yrsUS$315.00k0.0014%
MX$ 11.9m
Philip Aiken
Independent Director1.1yrsUS$104.87k0.0013%
MX$ 10.9m
Susan Story
Independent Director4.3yrsUS$315.00k0.0013%
MX$ 11.2m
Bruce Brook
Senior Independent Director13.2yrsUS$348.75k0.0022%
MX$ 18.8m
Gregory Boyce
Independent Chairman of the Board9.2yrsUS$615.00k0.0037%
MX$ 31.4m
Rene Medori
Independent Director6.7yrsUS$315.00k0.0022%
MX$ 18.4m
Julio Quintana
Independent Director9.2yrsUS$340.00k0.0037%
MX$ 31.4m
Emma FitzGerald
Independent Director3yrsUS$315.00k0.0010%
MX$ 8.9m
Jane Nelson
Independent Director13.2yrsUS$342.50k0.0048%
MX$ 40.8m
Sally-Anne Layman
Independent Director1.1yrsUS$104.87k0.00037%
MX$ 3.2m
Jose Madero Garza
Independent Director3.7yrsUS$315.00k0.0012%
MX$ 10.0m

4.9yrs

Average Tenure

64yo

Average Age

Experienced Board: NEM *'s board of directors are considered experienced (4.9 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:11
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

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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 .

Analyst Sources

Newmont Corporation is covered by 63 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David ColemanArgus Research Company
Ishan MajumdarBaptista Research
Farooq HamedBarclays