Newmont (NEM) executive compensation, 2026 proxy

TOM PALMER, PRESIDENT & CHIEF EXECUTIVE OFFICER, was paid $15.6M in 2025, up 21% from $13M the year before. The CEO-to-median-employee pay ratio was 187:1, on median employee pay of $83,771.

Filed
March 26, 2026
Annual meeting
May 12, 2026
Pay year
2025
Named executives
6
CEO total pay
$15.6M+21% vs prior year
CEO to median employee
187:1median $83,771
CEO pay in equity
65%$10.1M in awards
Net Income
$7.2BReported for fiscal year 2025
Free Cash Flow
$7.3BAnnual record
Capital Returned
$3.4BDividends and share repurchases
Gold Production
5.7M ozAttributable core portfolio
Debt Reduction
$3.4BNet cash position of $2 billion

How PALMER was paid

$15.6M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary9%Stock awards65%Non-equity incentive21%Pension and deferred comp4%All other compensation0%

Named executive officers

ExecutiveTotal
TOM PALMERPRESIDENT & CHIEF EXECUTIVE OFFICER$15,625,168
PETER WEXLERCHIEF LEGAL OFFICER & INTERIM CHIEF FINANCIAL OFFICER$4,393,916
NATASCHA VILJOENPRESIDENT & CHIEF OPERATING OFFICER$7,123,767
PETER TOTHCHIEF SUSTAINABILITY & DEVELOPMENT OFFICER$4,256,836
FRANCOIS HARDYCHIEF TECHNICAL OFFICER$3,095,934
KARYN OVELMENFORMER CHIEF FINANCIAL OFFICER$3,819,456

What changed and why

  • Tom Palmer stepped down as CEO and was succeeded by Natascha Viljoen effective January 1, 2026.
  • 7.2BNewmont achieved record financial results with 7.2 billion dollars in net income.
  • 155%Annual bonuses paid out at approximately 155 percent of target due to strong operational performance.
  • 7.3BFree cash flow reached an all-time annual record of 7.3 billion dollars.
  • 173%Total shareholder return increased 173 percent over the four-year period ending in 2025.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.