Thomas Palmer - Newmont Goldcorp President, Chief Executive Officer, Director
| NEM Stock | USD 43.31 0.32 0.74% |
CEO
Mr. Thomas Ronald Palmer is President of the Company. Since May of 2016, when he was appointed Executive Vice President and Chief Operating Officer with more than 85 percent of Newmont workforce reporting through to him Newmont has generated more than 2 billion in free cash flow and commissioned two new mines and five expansions on four continents, on or ahead of schedule and within or below budget. Project optimization work under Mr. Palmer leadership has also positioned Newmont robust project pipeline as among the best in the gold sector through capital discipline and a focus on returns. Prior to assuming leadership of Newmont operations and projects in 2016, Mr. Palmer led the Company business in the Asia Pacific region, which generated nearly 40 percent of Newmont revenues at the time. Before being recruited to join Newmont in 2014, Mr. Palmer served as Chief Operating Officer for Pilbara Mines at Rio Tinto Iron Ore since 2019.
| Age | 56 |
| Tenure | 5 years |
| Address | 6900 E Layton Avenue, Denver, CO, United States, 80237 |
| Phone | 303 863 7414 |
| Web | https://www.newmont.com |
Newmont Goldcorp Management Efficiency
The company has Return on Asset of 0.0413 % which means that on every $100 spent on assets, it made $0.0413 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0516) %, meaning that it generated no profit with money invested by stockholders. Newmont Goldcorp's management efficiency ratios could be used to measure how well Newmont Goldcorp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of November 2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, Newmont Goldcorp's Asset Turnover is very stable compared to the past year.Similar Executives
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Management Performance
| Return On Equity | -0.0516 | ||||
| Return On Asset | 0.0413 |
Newmont Goldcorp Corp Leadership Team
Elected by the shareholders, the Newmont Goldcorp's board of directors comprises two types of representatives: Newmont Goldcorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newmont. The board's role is to monitor Newmont Goldcorp's management team and ensure that shareholders' interests are well served. Newmont Goldcorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Newmont Goldcorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jose Madero, Independent Director | ||
| EMBA BEng, Executive Officer | ||
| Stephen Gottesfeld, Executive Vice President and Chief Sustainability and External Affairs Officer | ||
| Susan Story, Independent Director | ||
| Emma FitzGerald, Independent Director | ||
| Peter JD, Executive Officer | ||
| Brian Tabolt, Chief Accounting Officer, Vice President Controller | ||
| Noreen Doyle, Independent Non-Executive Chairman of the Board | ||
| Julio Quintana, Independent Director | ||
| Alwyn Pretorius, Managing Guinea | ||
| Dan Janney, Senior Vice President - North America | ||
| J Bucknor, Independent Director | ||
| Patrick Awuah, Independent Director | ||
| Tom Palmer, President, Chief Executive Officer, Director | ||
| Luis Canepari, VP Officer | ||
| Karyn CPA, Executive CFO | ||
| Jennifer Cmil, Executive Vice President - Human Resources | ||
| Mary Laschinger, Independent Director | ||
| Neil Backhouse, Group Relations | ||
| Jane Nelson, Independent Director | ||
| Mark Ebel, Interim Officer | ||
| Nancy Lipson, Executive Vice President General Counsel | ||
| Karyn Ovelmen, Executive CFO | ||
| E Engel, Executive Vice President - Strategic Development | ||
| Suzanne Retallack, Executive Officer | ||
| Maura Clark, Independent Director | ||
| Dean Gehring, Executive Vice President, Chief Technology Officer | ||
| Blake Rhodes, Senior Vice President - Strategic Development | ||
| Scott Sullivan, Chief Officer | ||
| Jennifer Pakradooni, Head Communications | ||
| Bruce Brook, Senior Independent Director | ||
| Nancy Buese, Chief Financial Officer, Executive Vice President | ||
| Francois Hardy, Executive Officer | ||
| Veronica Hagen, Senior Independent Director | ||
| Rene Medori, Independent Director | ||
| John Kitlen, Chief Accounting Officer, Vice President Controller | ||
| Gregory Boyce, Independent Vice Chairman of the Board | ||
| Thomas Palmer, President, Chief Executive Officer, Director | ||
| Ramsey Musa, VP Chain | ||
| Joshua Cage, Interim Officer | ||
| MIB BBus, Executive Officer | ||
| Robert Atkinson, Chief Operating Officer, Executive Vice President | ||
| Matthew Come, Independent Director | ||
| Daniel Horton, VP Treasurer |
Newmont Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Newmont Goldcorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0516 | ||||
| Return On Asset | 0.0413 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 55.2 B | ||||
| Shares Outstanding | 1.14 B | ||||
| Shares Owned By Insiders | 0.08 % | ||||
| Shares Owned By Institutions | 73.75 % | ||||
| Number Of Shares Shorted | 18.54 M | ||||
| Price To Earning | 37.91 X |
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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.039 | Dividend Share 1 | Earnings Share (2.18) | Revenue Per Share 15.331 | Quarterly Revenue Growth 0.847 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.