Asset Manager Goodman to be Hired by Barrick Gold as Director

Barrick Gold Corporation

(Reuters) – Barrick Gold Corp. will title Ned Goodman, a veteran Canadian cash supervisor, as a director and appoint James Gowans, a previous De Beers Canada chief boss, as its new head operating agent, Dow Jones described late on Tuesday, citing an individual familiar with the issue.

Barrick, the world’s biggest gold manufacturer, is anticipated to announce a number of board alterations on Wednesday, encompassing that founder and long-time head person Peter Munk will hand over the function of chairman to his heir apparent, John Thornton, currently co-chairman.

The Toronto-based business is also expected to title new independent directors who will connect its board, which some shareholders have deplored needs self-reliance and is a lot under the power of the 86-year-old Munk. At smallest two directors will bow out at next yearly meeting of Barrick, two causes told Reuters this week.

Barrick turned down to comment on the report in relation to Goodman and Gowans, and neither of them could immediately be getting hold of to comment.

Dow Jones said Barrick will broadcast on Wednesday that former Canadian major Minister Brian Mulroney will drop out from the Barrick board.

Goodman is CEO and president of Dundee Corp, a Canadian asset administration company that buys into mainly in the assets, genuine estate and infrastructure sectors.

Gowans was most lately organizing controller of Debswana precious gem Co, a business jointly belongs to by the government of Botswana and diamond giant De Beers. He was CEO of De Beers Canada from 2006 to 2010. Barrick broadcast in February that its COO will retire one time a successor was appointed.