Current Report Filing (8-k)
March 19 2021 - 4:05PM
Edgar (US Regulatory)
0001164727
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0001164727
2021-03-17
2021-03-17
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xbrli:shares
iso4217:USD
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
March 17, 2021
Newmont Corporation
(Exact name of Registrant as Specified
in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
001-31240
(Commission File Number)
84-1611629
(I.R.S. Employer Identification No.)
6900 E. Layton Avenue, Denver, CO 80237
(Address of principal executive offices)
(zip code)
(303) 863-7414
(Registrant’s telephone number, including
area code)
Not Applicable
(Former Name or Former Address, if Changed
Since Last Report)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
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Trading
Symbol
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Name of each exchange on which registered
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Common stock, par value $1.60 per share
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NEM
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New York Stock Exchange
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Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth
company ¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
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Item 5.02.
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Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On March 17, 2021, Mr. John Kitlen, who currently serves as
Vice President, Controller and Chief Accounting Officer of Newmont Corporation (the “Company” or “Newmont”)
notified the Company of his decision to retire in the third quarter of 2021. Mr. Kitlen is voluntarily retiring with eligibility
under the disclosed retirement programs of the Company, and he will not receive additional pay or benefits beyond those programs.
Mr. Kitlen will continue to work with Newmont to ensure a smooth and well-planned transition with his successor. The Company extends
its sincere thanks and deep appreciation to Mr. Kitlen for his years of dedicated service as a valued leader in the Accounting
and Internal Audit functions and for his important contributions to Newmont.
The Company is pleased to announce the appointment of Mr. Brian
Tabolt to the role of Vice President, Controller and Chief Accounting Officer, effective as of May 17, 2021. Following the transition
of the Chief Accounting Officer role on such date, Mr. Kitlen will continue to provide support to Mr. Tabolt and the Company’s
Accounting function in an advisory capacity until his retirement in the third quarter. Mr. Tabolt, age 40, previously served as
Molson Coors Beverage Company’s Vice President, Controller and Chief Accounting Officer since 2014. Prior to that role, he
held other senior management roles within Molson Coors’ Accounting function, including as Senior Director of SEC Reporting
and Technical Accounting and Senior Manager Technical Accounting. Mr. Tabolt began his career in public accounting with Deloitte,
holds Bachelor and Master of Science degrees in Accounting from Pennsylvania State University and is a Certified Public Accountant.
In his new role with Newmont, Mr. Tabolt will participate in
the Company’s standard compensation programs at the E5 Vice President level. Mr. Tabolt will also receive a sign-on award
comprised of restricted stock units with a target value of $444,000, which will vest one-third per year. There are no other arrangements
or understandings related to his appointment to the role between Mr. Tabolt and any other persons. Mr. Tabolt does not have a family
relationship with any member of the Board of Directors or any executive officer of the Company, and Mr. Tabolt has not been a participant
or had any interest in any transaction with the Company that is reportable under Item 404(a) of Regulation S-K.
SIGNATURE
Pursuant to the requirements of the Securities
and Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
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By:
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/s/ Logan
Hennessey
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Name:
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Logan Hennessey
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Title:
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Vice President, Associate General Counsel and Corporate
Secretary
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Dated: March 19, 2021
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