The estimated Net Worth of Thomas Ronald Palmer is at least $46.5 Million dollars as of 3 September 2024. Mr. Palmer owns over 20,000 units of Newmont Corp stock worth over $14,789,137 and over the last 8 years he sold NEM stock worth over $24,408,274. In addition, he makes $7,332,200 as President, Chief Executive Officer, and Director at Newmont Corp.
Thomas has made over 78 trades of the Newmont Corp stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 20,000 units of NEM stock worth $1,049,400 on 3 September 2024.
The largest trade he's ever made was selling 20,000 units of Newmont Corp stock on 3 September 2024 worth over $1,049,400. On average, Thomas trades about 4,765 units every 26 days since 2017. As of 3 September 2024 he still owns at least 291,469 units of Newmont Corp stock.
You can see the complete history of Mr. Palmer stock trades at the bottom of the page.
Thomas Ronald Palmer serves as President, Chief Executive Officer, Director of the Company. Mr. Palmer served as President since June 2019 and as President and Chief Operating Officer from November 2018 until June 2019. Previously, he served as Executive Vice President and Chief Operating Officer since May 2016. Mr. Palmer was elected Senior Vice President, Asia Pacific in February 2015 after serving as Senior Vice President, Indonesia since March 2014. Since May of 2016, when he was appointed Executive Vice President and Chief Operating Officer – with more than 85 percent of Newmont's workforce reporting through to him – Newmont has generated more than $2 billion in free cash flow and commissioned two new mines and five expansions on four continents, on or ahead of schedule and within or below budget. Project optimization work under Mr. Palmer's leadership has also positioned Newmont's robust project pipeline as among the best in the gold sector through capital discipline and a focus on returns. Prior to assuming leadership of Newmont's operations and projects in 2016, Mr. Palmer led the Company's business in the Asia Pacific region, which generated nearly 40 percent of Newmont's revenues at the time. Before being recruited to join Newmont in 2014, Mr. Palmer served as Chief Operating Officer for Pilbara Mines at Rio Tinto Iron Ore. Mr. Palmer's 25-year career in mining includes leadership roles in Rio Tinto's bauxite and aluminum, coal, copper, iron ore, and technology businesses where he gained extensive experience building and leading high-performing global teams to enhance safety, profitability, sustainability, and diversity and inclusion.
As the President, Chief Executive Officer, and Director of Newmont Corp, the total compensation of Thomas Palmer at Newmont Corp is $7,332,200. There are no executives at Newmont Corp getting paid more.
Thomas Palmer is 52, he's been the President, Chief Executive Officer, and Director of Newmont Corp since 2019. There are 15 older and 9 younger executives at Newmont Corp. The oldest executive at Newmont Corp is Veronica Hagen, 74, who is the Independent Director.
Thomas's mailing address filed with the SEC is 6900 E. LAYTON AVE., SUITE 700, DENVER, CO, 80237.
Over the last 22 years, insiders at Newmont Corp have traded over $95,270,974 worth of Newmont Corp stock and bought 19,434 units worth $537,019 . The most active insiders traders include David A. Ottewell, Bruce D Hansen, and Susan N Story. On average, Newmont Corp executives and independent directors trade stock every 13 days with the average trade being worth of $318,850. The most recent stock trade was executed by Peter Toth on 3 September 2024, trading 3,000 units of NEM stock currently worth $157,410.
newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead. the company’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in north america, south america, australia and africa. newmont is the only gold producer listed in the s&p 500 index and is widely recognized for its principled environmental, social and governance practices. the company is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. newmont was founded in 1921 and has been publicly traded since 1925.
Newmont Corp executives and other stock owners filed with the SEC include: