Tom Palmer is the President and CEO of Newmont Corporation, a huge player in the gold mining industry. He took the helm in 2019 after years of climbing the ranks within the company, from Senior Vice President for Asia Pacific...
Tom Palmer is the President and CEO of Newmont Corporation, a huge player in the gold mining industry. He took the helm in 2019 after years of climbing the ranks within the company, from Senior Vice President for Asia Pacific to COO. His leadership focuses on sustainability and improving Newmont’s performance in these areas. Under his guidance, the company has become a leader in industry sustainability rankings, showcasing its commitment to environmental responsibility. Notably, in 2023, he earned about $11.7 million, with a significant chunk coming from stock awards, which underscores how much his pay is tied to Newmont's success. Palmer is also setting ambitious climate goals, aiming for a 30% reduction in greenhouse gas emissions by 2030, while promoting diversity in leadership roles. His work has made strides in making mining more responsible, ensuring that Newmont not only digs for gold but also helps build a better future for the planet.