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Barrick CEO Mark Bristow departs, longtime executive Mark Hill appointed interim CEO
Mark Hill, a longtime Barrick executive, takes interim CEO role as the company seeks a permanent leader amid operational and stock performance challenges.
- Barrick Mining's President and CEO Mark Bristow unexpectedly resigned after nearly seven years at the helm, without explanation.
- Mark Hill, head of Barrick's Latin American and Asia-Pacific operations, has stepped in as interim CEO while the board searches for a permanent replacement.
- Barrick chairman John Thornton said Bristow strengthened the company's portfolio and positioned it as a leading producer of gold and copper.
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Rash of CEO ousters signals tightened boardroom leashes
The NewsIt was the boardroom version of Black Monday: Four CEOs of big public companies were abruptly replaced yesterday.The exit of Barrick Mining’s Mark Bristow was a surprise, while that of rival Newmont’s Tom Palmer was better telegraphed. And CSX’s Joe Hinrichs, under pressure from a pair of activist hedge funds, was ousted effective immediately in favor of a 70-year-old executive with dealmaking chops. GlaxoSmithKline chief Emma Walmsley w…
·New York, United States
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Total News Sources28
Leaning Left7Leaning Right3Center6Last UpdatedBias Distribution44% Left
Bias Distribution
- 44% of the sources lean Left
44% Left
L 44%
C 37%
R 19%
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