8-KLeadership ChangesExhibits & Filings

NEWMONT Corp /DE/ 8-K Report, Executive Changes (Nov 23, 2021)

Filed November 23, 2021For Securities:NEMNEMCL

Summary

Newmont Corporation announced a significant expansion of its Board of Directors, increasing its size from 11 to 13 members. This strategic move includes the appointment of two new independent directors, Emma FitzGerald and Mary Laschinger, effective December 1, 2021. Both appointees bring extensive leadership experience in global energy, utilities, and distribution sectors, which are expected to enhance the company's strategic oversight and governance. Dr. FitzGerald, with a background spanning Royal Dutch Shell, National Grid, and Puma Energy, brings expertise in sustainability and energy transition. Ms. Laschinger, formerly CEO of Veritiv Corporation and with a strong record at International Paper, offers deep experience in corporate governance and compensation. Their appointments to key board committees, Safety and Sustainability for Dr. FitzGerald and Leadership Development and Compensation for Ms. Laschinger, underscore Newmont's focus on critical areas of corporate responsibility and executive oversight.

Key Highlights

  • 1Newmont Corporation is expanding its Board of Directors from 11 to 13 members.
  • 2Two new independent directors, Emma FitzGerald and Mary Laschinger, have been appointed.
  • 3The appointments are effective December 1, 2021.
  • 4Emma FitzGerald has significant experience in the global energy sector, including leadership roles at Puma Energy and National Grid.
  • 5Mary Laschinger brings substantial executive and board experience, including her tenure as CEO of Veritiv Corporation.
  • 6Dr. FitzGerald will join the Safety and Sustainability Committee.
  • 7Ms. Laschinger will join the Leadership Development and Compensation Committee.

Frequently Asked Questions

The company is expanding its Board from 11 to 13 members to add new perspectives and expertise, particularly in areas relevant to the evolving global landscape of mining and energy.

Emma FitzGerald has extensive experience in the global energy sector, including leadership roles at Puma Energy, National Grid, and Royal Dutch Shell, with a focus on sustainability and energy transition. Mary Laschinger has significant executive and board experience, including serving as CEO of Veritiv Corporation and holding leadership positions at International Paper, with a strong background in corporate governance and compensation.

Both new directors will receive compensation as non-employee directors in accordance with Newmont's established director compensation program and will be granted director stock awards under the Company’s 2020 Stock Incentive Plan, prorated based on their appointment date.

Dr. Emma FitzGerald will serve on the Safety and Sustainability Committee, while Ms. Mary Laschinger will serve on the Leadership Development and Compensation Committee.