---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-003551"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:14:28.812007+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NOVAGOLD CFO David Ottewell to retire July 15; Peter Adamek appointed as replacement

## Summary
- David Ottewell, VP and CFO, retiring effective July 15, 2024 after 12 years.
- Peter Adamek, former VP Finance at Hudbay, appointed VP and CFO effective same date.
- Adamek receives $400K base salary, $175K signing bonus, and standard incentive plans.
- Ottewell will stay until July 15 to ensure a seamless transition.

## SEC filing metadata
- accession: 0001171843-24-003551
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000117184324003551/0001171843-24-003551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000117184324003551/f8k_062024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-003551
- JSON: https://secwatch.observer/filing/0001171843-24-003551.json
- Plain text: https://secwatch.observer/filing/0001171843-24-003551.txt

## Key facts
- Executive change
  Peter Adamek was appointed as Vice President and Chief Financial Officer at NOVAGOLD RESOURCES INC.
  - Action: appointed
  - Role: Vice President and Chief Financial Officer
  source text: Peter Adamek will be appointed Vice President and Chief Financial Officer of the Company upon Mr. Ottewell’s retirement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173420/000117184324003551/0001171843-24-003551-index.htm
- Executive change
  David Ottewell departed as Vice President and Chief Financial Officer at NOVAGOLD RESOURCES INC.
  - Action: announced his intention to retire
  - Role: Vice President and Chief Financial Officer
  source text: David Ottewell, Vice President and Chief Financial Officer of NOVAGOLD Resources Inc. (the “Company”), has announced his intention to retire effective July 15, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173420/000117184324003551/0001171843-24-003551-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
