Summary
Newmont Mining Corporation (NEM) has filed an 8-K report on March 9, 2011, detailing a significant change in its accounting leadership. Effective March 8, 2011, Roger Johnson resigned from his position as Vice President and Chief Accounting Officer to pursue other opportunities. This departure necessitates a transition in financial oversight for the company. In response to Mr. Johnson's resignation, Newmont has appointed David Ottewell as the interim Controller and Chief Accounting Officer. Mr. Ottewell, who has been with Newmont since 2005 in various financial roles, including Assistant Controller, brings extensive experience to this interim position. His appointment aims to ensure continuity and stability in the company's accounting and financial reporting functions during this transition period.
Key Highlights
- 1Resignation of Roger Johnson as Vice President and Chief Accounting Officer, effective March 8, 2011.
- 2Appointment of David Ottewell as interim Controller and Chief Accounting Officer, effective March 8, 2011.
- 3Mr. Ottewell has been with Newmont since 2005, holding key financial roles.
- 4Mr. Ottewell has over 28 years of experience in financial management and accounting.
- 5The interim appointment is to ensure continuity of accounting functions.
- 6No undisclosed arrangements or family relationships were reported for Mr. Ottewell's appointment.