secwatch.observer — SEC 8-K summary
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Issuer:     NEWMONT Corp /DE/ (NEM)
CIK:        0001164727
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001104659-23-062426
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newmont appoints Karyn Ovelmen as CFO effective May 30, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1164727/000110465923062426/0001104659-23-062426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1164727/000110465923062426/tm2316167d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-062426

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