Newmont Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Tom Palmer (54 yo)
3.33yrs
Tenure
US$12,667,105
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...
CEO Compensation Analysis
| Date | Total Comp. | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2018 | n/a | n/a | -US$266m |
| Jun 30 2018 | n/a | n/a | US$108m |
| Mar 31 2018 | n/a | n/a | US$24m |
| Dec 31 2017 | US$6m | US$750k | -US$76m |
| Sep 30 2017 | n/a | n/a | US$82m |
| Jun 30 2017 | n/a | n/a | US$38m |
| Mar 31 2017 | n/a | n/a | -US$138m |
| Dec 31 2016 | US$7m | US$615k | -US$226m |
Compensation vs Market: Tom's total compensation ($USD12.67M) is about average for companies of similar size in the US market ($USD12.48M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.25yrs | US$12.67m | 0.013% $ 4.8m | |
| Executive VP & COO | 3.67yrs | US$5.20m | 0.0041% $ 1.6m | |
| Executive VP & General Counsel | 3.67yrs | US$2.89m | 0.0022% $ 843.0k | |
| Acting Executive VP & CFO | 0.25yr | no data | 0.0037% $ 1.4m | |
| Acting VP | 0.33yr | no data | 0.0015% $ 572.3k | |
| Executive VP & CTO | 0.083yr | no data | no data | |
| Senior VP & Chief Information Officer | 3.83yrs | no data | no data | |
| VP of Finance & Investor Relations and Treasurer | 0.42yr | no data | no data | |
| Chief Integrity & Compliance Officer | no data | no data | no data | |
| Executive Vice President of Human Resources | 3.33yrs | no data | 0.0033% $ 1.3m | |
| Senior Vice President of Supply Chain | 1.17yrs | no data | no data | |
| Senior Vice President of External Relations | 3.67yrs | no data | no data |
3.3yrs
Average Tenure
51yo
Average Age
Experienced Management: NEM's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.33yrs | US$12.67m | 0.013% $ 4.8m | |
| Independent Director | 2.83yrs | US$302.85k | 0.0010% $ 386.7k | |
| Independent Director | 2.42yrs | US$302.85k | 0.00086% $ 332.6k | |
| Independent Director | 11.33yrs | US$334.14k | 0.0031% $ 1.2m | |
| Independent Chairman of the Board | 7.33yrs | US$509.29k | 0.0042% $ 1.6m | |
| Independent Director | 4.83yrs | US$298.92k | 0.0021% $ 804.4k | |
| Independent Director | 7.33yrs | US$315.82k | 0.0042% $ 1.6m | |
| Independent Director | 1.17yrs | US$83.17k | 0.00047% $ 181.8k | |
| Independent Director | 1.17yrs | US$83.17k | 0.00047% $ 181.8k | |
| Independent Director | 11.33yrs | US$328.30k | 0.0058% $ 2.2m | |
| Independent Director | 1.83yrs | US$257.72k | 0.00067% $ 259.1k | |
| Independent Director | 1.83yrs | US$257.72k | 0.00067% $ 259.1k |
3.1yrs
Average Tenure
61.5yo
Average Age
Experienced Board: NEM's board of directors are considered experienced (3.1 years average tenure).