03:49:17 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Barrick Gold Corp
Symbol ABX
Shares Issued 1,164,669,708
Close 2015-05-01 C$ 15.90
Market Cap C$ 18,518,248,357
Recent Sedar Documents

Van Sun/wire say Barrick hires BlackRock ex Raw

2015-05-04 09:45 ET - In the News

The Vancouver Sun reports in its Saturday edition Barrick Gold on Friday named Catherine Raw, a BlackRock executive and co-manager of one of its high-profile mining funds, as head of business performance. A Reuters dispatch to The Sun says BlackRock, a U.S.-based asset manager, announced in March that Ms. Raw was leaving to take a corporate position in the mining sector. Barrick said her experience at one of the top investors in the mining sector gives her an intimate knowledge of the global mining investment universe. She will seek greater rigour in financial analysis, planning and performance management across the company. Barrick has been reshaping its structure and shaking up management under executive chairman John Thornton, as he attempts to decentralize its structure and give more control to its mine managers. At the annual meeting this week, shareholders revolted against its executive compensation plan, especially Mr. Thornton's $12.9-million pay package. Nearly three-quarters of the shares voted at the meeting were against the company's advisory say-on-pay vote, and shareholders also expressed their displeasure by withholding a large number of votes from members of the compensation committee.

© 2024 Canjex Publishing Ltd. All rights reserved.