Business Context and Reporting Period
This Form 8-K filing by Newmont Corporation (NEM) is dated June 15, 2026. The report details significant leadership changes within the Executive Leadership Team, effective July 1, 2026, under the direction of President and CEO Natascha Viljoen.
Key Financial Metrics
The filing does not provide operational financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The financial data presented is limited to executive compensation packages associated with the new appointments.
| Executive | Role | Base Salary | Short-Term Incentive Target | Long-Term Equity Target | One-Time RSU Grant |
|---|---|---|---|---|---|
| Mark Rodgers | EVP & COO | $800,000 | 105% of Base | 300% of Base (200% PSU, 100% RSU) | $650,000 |
| David Thornton | EVP & CTO | $630,000 | 85% of Base | 254% of Base (169% PSU, 85% RSU) | $250,000 |
| Brian Tabolt | EVP & CFO | $685,000 | 100% of Base | 279% of Base (186% PSU, 93% RSU) | $680,000 |
| Peter Wexler | EVP & CLO (Interim CFO) | N/A | N/A | N/A | $500,000 |
Material Changes
The primary material change is the appointment of four senior officers effective July 1, 2026:
- Mark Rodgers appointed Executive Vice President and Chief Operating Officer (COO).
- David Thornton appointed Executive Vice President and Chief Technical Officer (CTO).
- Brian Tabolt appointed Executive Vice President and Chief Financial Officer (CFO).
- Joshua Cage appointed Chief Accounting Officer and Controller.
Concurrently, Erin Workman transitions from Interim CTO to Senior Vice President and Group Head of Health, Safety, Security, and Environment. Peter Wexler returns to his full-time role as Executive Vice President and Chief Legal Officer after serving as Interim CFO.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, or specific risk factors. Management commentary indicates these appointments reflect the depth of leadership talent within Newmont and shape the go-forward Executive Leadership Team. All new officers are eligible for standard executive benefits, including the Executive Change of Control Plan and Severance Plan.
Investor Verification Checklist
- Verify the effective date of July 1, 2026, for all new executive appointments.
- Review the Company's most recent Annual Proxy Statement for details on the Level 6 Short-Term and Long-Term Incentive Plans referenced in the compensation packages.
- Confirm the vesting schedules for the one-time RSU awards granted to Rodgers, Thornton, Tabolt, and Wexler, which vest in three equal annual installments.
- Check for any subsequent filings regarding the departure of interim officers or changes to the strategic direction under the new leadership.