Newmont names new CFO, COO as part of leadership overhaul

June 15 (Reuters) - Newmont ‌on Monday ​announced ​a string of executive appointments, including the naming of Brian Tabolt as ‌its finance chief, as the gold miner reshapes ⁠its top management under a newly appointed CEO.

Tabolt, ‌who joined the company in ‌2021 from Molson Coors Beverage, was most recently Newmont's chief accounting officer and group ​head of finance. Tabolt replaces Peter Wexler, who was the company's CFO on an ⁠interim basis, and his appointment is effective July 1.

The company also ​announced the appointment of Mark Rodgers as chief operating officer and David Thornton ​as chief technical officer.

Newmont is ‌in the midst of a boardroom shakeup following the appointment of Natascha ⁠Viljoen as CEO in September and the exit of Karyn Ovelmen as finance chief in July ⁠last year.

The overhaul comes as gold trades above $4,000 per ounce, ​with investors pressing miners to boost returns even though companies face rising costs and tougher government terms.

"With strong ‌alignment across operations, finance and technical functions, we are well positioned to ‌improve performance, maintain cost discipline, execute effectively ⁠and deliver long-term value ‌for shareholders," the ​company said in a statement.

(Reporting by Sumit Saha in Bengaluru; Editing by Anil ‌D'Silva)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Canada's Carney says US needs to start being serious before trade talks can resume
• 'Significant' number of EU countries back speeding up Ukraine funding, Ireland says
• Tesla touts European supervised self-driving safety data ahead of EU vote