Newmont appoints Karyn Ovelmen as CFO effective May 30, 2023

NEWMONT Corp /DE/

Newmont appoints Karyn Ovelmen, age 60, as EVP and CFO, effective May 30, 2023.
Base salary $750k; eligible for short-term incentive at 100% of base and long-term incentive at 333% of base.
Sign-on bonus: $150k cash plus $1.3M in RSUs vesting over 3 years; prorated repayment if voluntary departure within 24 months.
Ovelmen has 30+ yrs experience, previously CFO at Flowserve, LyondellBasell, and Petroplus; also board roles at Hess and ArcelorMittal.
Ovelmen succeeds interim CFO Brian Tabolt and will oversee global finance functions from Denver.

item 5.02 item 9.01

Executive movements

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Appointed

Karyn Ovelmen

Executive Vice President and Chief Financial Officer

NEM · NEWMONT Corp /DE/

Effective: 2023-05-30
Filed: May 19, 2023, 7:59 PM ET

On May 18, 2023, Newmont Corporation (the “Company” or “Newmont”) announced the appointment of Ms. Karyn Ovelmen, age 60, to the role of Executive Vice President and Chief Financial Officer, effective May 30, 2023.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Karyn Ovelmen was appointed as Executive Vice President and Chief Financial Officer at NEWMONT Corp /DE/.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On May 18, 2023, Newmont Corporation (the “Company” or “Newmont”) announced the appointment of Ms. Karyn Ovelmen, age 60, to the role of Executive Vice President and Chief Financial Officer, effective May 30, 2023.

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Source: SEC EDGAR

accession 0001104659-23-062426

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