2023-05-19 00:10:00 ET
Gold miner Newmont ( NYSE: NEM ) said late Thursday it appointed Karyn Ovelmen as its new CFO ; she will join the company during the current quarter.
Ovelman has held CFO roles in a number of companies in the resource and energy sectors, including Flowserve, LyondellBassell Industries and Petroplus Holdings, and she serves on the boards of Hess and ArcelorMittal.
Newmont ( NEM ) said last September that former CFO Nancy Buese would depart on November 1; Brian Tabolt has been filling the position on an interim basis.
The appointment comes as Newmont ( NEM ) prepares to complete the acquisition of Australia's Newcrest Mining in one of the market's biggest deals this year, valued at A$26.2B (~US$17.8B).
More on Newmont:
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- Analysis: Newmont: A Gold Mine Of Opportunities Ahead
- Stock price return: Down 12.5% YTD, down 32% in the past 12 months
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Newmont names Ovelmen as next CFO