The Financial Post reports in its Tuesday edition Barrick unveiled a new compensation package for executives Monday, a year after management gave incoming chairman John Thornton an $11.9-million signing bonus (all figures U.S.). The Post's John Shmuel writes Barrick said it had scaled back Mr. Thornton's pay for 2013 to $9.5-million, compared with $17-million last year. A new "score card" system will see Barrick pay a large chunk of compensation in stock that executives will have to hold until they retire or leave the company. It will also base salary on performance metrics, including delivering planned cash flow, achieving cost targets and earnings expectations. Chief executive officer Jamie Sokalsky also saw his pay scaled back to $7.7-million from $11.4-million in 2012. The company also froze base salaries for 2014. Pawel Rajszel, analyst at Veritas Investment Research, said it is unclear whether the changes will be enough to appease Barrick's hard-hit investors. "The way Thornton's role has been marketed by Barrick is he has all these Asian connections but the problem with that is, so far we don't see any results," he said. "That could change, but investors might be asking questions again."