NEWMONT Corp /DE/ 8-K

What Happened
Newmont Corporation (NEM) filed an 8‑K on June 15, 2026 announcing several senior executive appointments effective July 1, 2026. Mark Rodgers (age 62) will be Executive VP & Chief Operating Officer, David Thornton (age 45) will be Executive VP & Chief Technical Officer, Brian Tabolt (age 45) will be Executive VP & Chief Financial Officer, and Joshua Cage (age 52) will be Chief Accounting Officer and Controller. The filing also thanks interim leaders Erin Workman and Peter Wexler and notes internal backgrounds (30+ years mining experience for Rodgers; 20–25+ years for Thornton and Tabolt; 20+ years at Newmont for Cage).

Key Details

• Effective date: July 1, 2026; news release furnished June 15, 2026.
• Base salaries: Rodgers $800,000; Tabolt $685,000; Thornton $630,000.
• Short‑term incentive targets: Rodgers 105% of base; Tabolt 100% of base; Thornton 85% of base (cash bonus under Newmont Section 16 Officer Short‑Term Incentive Plan, Level 6).
• Long‑term equity targets (annual at target): Rodgers PSUs 200% + RSUs 100% of base; Tabolt PSUs 186% + RSUs 93%; Thornton PSUs 169% + RSUs 85%.
• One‑time mid‑year RSU awards: Rodgers $650,000; Tabolt $680,000; Thornton $250,000 (each vest in three equal annual installments, subject to continued employment).
• Peter Wexler (interim CFO) will return to Chief Legal Officer and receive an additional RSU award valued at $500,000 (vesting over three years).
• All named executives are eligible for Newmont executive benefits including Change of Control and Section 16 Severance Plan benefits; no family relationships or reportable related‑party transactions were disclosed.

Why It Matters
These appointments finalize the Executive Leadership Team under CEO Natascha Viljoen and signal continuity of internal leadership with experienced, long‑tenured operators and finance executives stepping into permanent roles. For investors, the filing outlines compensation and incentive structures (base pay, cash bonus targets, and substantial equity awards), which affect executive alignment, potential share dilution from RSUs/PSUs, and near‑term compensation expense. The transitions are largely internal promotions, and the company documents standard severance and change‑of‑control protections for the named officers.