Newmont Corporation (NEM, Financial) has announced significant changes in its leadership team, effective December 1, 2024. Brian Tabolt, age 43, will assume the role of Chief Accounting Officer and Group Head, Finance. Mr. Tabolt has been a pivotal figure in Newmont's financial strategy, having served as Group Head, Financial Planning and Analysis since May 2023. His extensive experience includes a tenure as Interim Chief Financial Officer and Vice President, Controller and Chief Accounting Officer since May 2021.
Before joining Newmont, Mr. Tabolt was with Molson Coors Beverage Company, where he held the position of Vice President, Controller and Chief Accounting Officer. His career began in public accounting with Deloitte, and he holds both Bachelor and Master of Science degrees in Accounting from Pennsylvania State University. He is also a Certified Public Accountant.
In his new role, Mr. Tabolt will participate in Newmont's standard compensation programs at the L5 (Section 16) level. There are no special arrangements or understandings related to his appointment, and he has no family ties with any board member or executive officer at Newmont. Additionally, Mr. Tabolt has not been involved in any transactions with the company that would require disclosure under Item 404(a) of Regulation S-K.
Simultaneously, Joshua Cage will transition to the role of Global Controller and Head, Operations Accounting, also effective December 1, 2024. Mr. Cage will report directly to the Chief Accounting Officer. This transition is not due to any disagreements with the company regarding its operations, policies, or practices. Mr. Cage brings over 20 years of experience with Newmont, having served in various capacities, including Chief Accounting Officer and Controller, and has a background with Ernst & Young and KPMG.
These leadership changes reflect Newmont's commitment to strengthening its financial management and operational accounting functions, ensuring robust governance and strategic oversight.
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