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Published on 18 Apr 2024 on Simply Wall St. via Yahoo Finance

Should Shareholders Reconsider Newmont Corporation's (NYSE:NEM) CEO Compensation Package?


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Key Insights

Newmont to hold its Annual General Meeting on 24th of AprilSalary of US$1.44m is part of CEO Tom Palmer's total remunerationTotal compensation is similar to the industry average Newmont's EPS declined by 109% over the past three years while total shareholder loss over the past three years was 35%

Shareholders will probably not be too impressed with the underwhelming results at Newmont Corporation (NYSE:NEM) recently. Shareholders will be interested in what the board will have to say about turning performance around at the next AGM on 24th of April. It would also be an opportunity for shareholders to influence management through voting on company resolutions such as executive remuneration, which could impact the firm significantly. From our analysis, we think CEO compensation may need a review in light of the recent performance.

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