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Benzinga

Business

Stjepan Kalinic

Barrick's CEO Unexpectedly Resigns, As Miner Fails To 'Keep Up With The Joneses'

Barrick B’ Mark Bristow Mining Mark Hill Barrick Mining Newmont Gold

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Barrick Mining (NYSE: B) announced the resignation of President and CEO Mark Bristow today. After nearly seven years at the helm, the South African-born mining veteran departs without explanation, leaving investors to speculate on what prompted such an unexpected move.

Effective immediately, Mark Hill, head of the company's Latin American and Asia-Pacific operations, has stepped in as interim CEO while the board begins a global search for a permanent replacement.

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