https://newsletter.en.creamermedia.com
Financial|Gold|Schneider Electric|Operations
Financial|Gold|Schneider Electric|Operations
financial|gold|Schneider-Electric|operations

Newmont CFO resigns, insider named interim finance chief

15th July 2025

By: Reuters

  

Font size: - +

Gold miner Newmont said on Monday its CFO Karyn Ovelmen has resigned and named insider Peter Wexler as interim CFO until a permanent successor is selected.

Wexler previously served as chief legal officer of Schneider Electric for 15 years before joining Newmont in March 2024.

Ovelmen's departure, which comes a little over two years into her role, was not due to any disagreement on operations, financial statements, or accounting policies, the company said.

Earlier this month, the company said it would lay off 10% to 15% of its workforce at its Merian mine in Suriname, citing production declines.

The company is scheduled to report its second-quarter results on July 24.

Newmont has initiated the search for a permanent finance chief, it said.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Comments

Latest News

Image of Telkom logo
Telkom H1 earnings to surge
Updated 1 hour 11 minutes ago By: Natasha Odendaal

Showroom

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Sun City Hotel gets major revamp
Sun City Hotel gets major revamp
5th November 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.15 0.25s - 186pq - 2rq
Subscribe Now