In 2023, Tom Palmer earned $10.94M in total compensation at Newmont, including $1.44M salary and $9.44M in stock. Most recently sold 20,000 shares in Sep 2024. Currently holds stock worth $27.83M. 5+ years at the helm of Newmont.
Compensation History
Annual executive compensation data for Tom Palmer, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$10.94M
Salary
$1.44M
Bonus
$0.00
Other
$65.35K
Salary
$1.44MBoard Justification
The compensation philosophy aligns with company performance and peer benchmarking to attract and retain executive talent.
Bonus
$0.00Board Justification
No discretionary supplemental bonuses were paid for 2023.
Other Compensation
$65.35KBoard Justification
Other compensation includes tax consultation reimbursement and contributions to defined contribution plans.
Restricted Stock
Board Justification
The value of the vested stock in 2023 is based on the stock price at vesting.
Performance Metrics
Performance metrics include sustainability, financial, and growth performance goals.
Tom Palmer
CEO of Newmont
Sector of Economy
Basic Materials
Born
November 30, 1968 - 57 years ago
CEO of Newmont for
5 years 11 months (Dec 2019 - Present)
Previous Experience
Various roles at Newmont, including President and Chief Operating Officer
Other Newmont CEOs
Holdings
Track Tom Palmer's stock holdings and portfolio value over time.
Total Stock Sold
$24.52M
$24.52M
481,300 NEM shares
What if they kept their stock?
If Tom Palmer didn't sell their stock, today they would have:
Extra NEM481,300 shares worth $47.85M.
This is 95.18% and $23.34M more than what they got when they sold the stock.
Insider Trading
Tom Palmer's recent stock transactions, purchases, and sales filed with the SEC.
$1.05M
NEM at $52.47/share
Sep 3, 2024
Sale
$990.25K
NEM at $49.51/share
Aug 1, 2024
Sale
$547.69K
NEM at $42.13/share
Jul 1, 2024
Sale
105,520 shares
NEM
Feb 26, 2024
Received
53,152 shares
NEM
Feb 22, 2024
Received
$413.60K
NEM at $37.60/share
Nov 1, 2023
Sale
$401.17K
NEM at $36.47/share
Oct 2, 2023
Sale
$439.01K
NEM at $39.91/share
Sep 1, 2023
Sale
$463.76K
NEM at $42.16/share
Aug 1, 2023
Sale
$471.35K
NEM at $42.85/share
Jul 3, 2023
Sale
Rivals
Compare Tom Palmer with competitor CEOs and industry peers.