Barrick Gold Corporation

Barrick Gold Corporation

Sector: Gold Ores Region: Canada

: | New York Stock Exchange: ABX | Toronto Stock Exchange: ABX

Barrick is the world’s leading gold mining company with mines and projects on five continents.

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Jamie Sokalsky, Barrick 2013 Annual Shareholders Meeting

Barrick Gold Corporation video

Jamie Sokalsky, Barrick 2013 Annual Shareholders Meeting

Barrick Gold Corporation video

Barrick Pueblo Viejo - Water and environmental rehabilitation

Barrick Gold Corporation video

Barrick's Golden Sunlight mine and the environment

Barrick Gold Corporation video

Barrick Gold Nevada - Remarkable People

Barrick Gold Corporation video

Who We Are


John L. Thornton, Chairman of the Board
John L. Thornton was appointed Chairman of Barrick Gold Corporation on April 30, 2014.

Mr. Thornton has extensive experience in business, finance and public affairs. He has served on the boards of international public companies including China Unicom, Ford Motor Company, HSBC, Industrial and Commercial Bank of China, Intel and News Corporation. Mr. Thornton retired as President of Goldman Sachs in 2003, and is currently a Professor and Director of the Global Leadership Program at the Tsinghua University School of Economics and Management in Beijing. He is also Chairman of the Board of Trustees of the Brookings Institution in Washington, D.C.

As Chairman of Barrick, Mr. Thornton continues the tradition established by the company’s Founder Peter Munk, with a focus on strategic vision, strong financial management, entrepreneurial spirit and a deep commitment to operational excellence.
Jamie C. Sokalsky, President & Chief Executive Officer
Jamie C. Sokalsky will step down as President and Chief Executive Officer on September 15, 2014. He will also step down from the company’s Board of Directors.

Following his appointment as CEO in 2012, Mr. Sokalsky introduced a rigorous disciplined capital application framework based on the central principle that returns will drive production, production will not drive returns. Under his leadership, Barrick is prioritizing shareholder value creation through a focus on maximizing free cash flow and risk-adjusted rates of return. Since joining Barrick in 1993, when the company was a growing presence in North America, Mr. Sokalsky has played a central role in Barrick’s emergence as the gold industry leader, including the 2006 acquisition of Placer Dome. During his tenure as CFO, Mr. Sokalsky led the reduction of costs by over $1 billion in a decade, through the execution of a currency and commodity risk management program and other cost-mitigation strategies.

Mr. Sokalsky joined Barrick as Vice President and Treasurer, rising to Senior Vice President and Chief Financial Officer in 1999, and Executive Vice President and CFO in 2004, leading Treasury, Tax, Controllership and Financial Reporting, Internal Audit, Investor Relations and Information Technology.

Previously, Mr. Sokalsky was an executive at George Weston Limited for 10 years. He holds an Honors Bachelor of Commerce degree from Lakehead University and received his Chartered Accountant designation in 1982.
Kelvin Dushnisky, Co-President
Kelvin Dushnisky was appointed Co-President of Barrick in July 2014 and shares overall responsibility for execution of the company’s strategic priorities and operating plans. He was previously Senior Executive Vice President with global responsibility for Government Relations, Permitting, Corporate Responsibility and Communications. In February 2013, Mr. Dushnisky was named Chairman of the Board of Directors of London-listed African Barrick Gold plc.

Mr. Dushnisky joined Barrick in April 2002, with extensive international experience in project approvals, development agreements and public affairs. Prior to Barrick, Mr. Dushnisky served as Vice Chairman, General Counsel and a founding Director of EuroZinc Mining Corporation, Vice President of Sutton Resources Ltd. (acquired by Barrick) and Vice President of Rescan Consultants Inc. He has served on the boards of directors for a number of publicly listed companies.

Mr. Dushnisky holds a B.Sc. (Hon.) degree from the University of Manitoba and M.Sc. and J.D. degrees from the University of British Columbia. He is a member of the Law Society of British Columbia, the Institute of the Americas, the Canadian Council of the Americas (Vice-Chair) and the Canadian Chamber of Commerce, among others. Mr. Dushnisky represents Barrick at the World Gold Council and the International Council on Mining and Metals (ICMM).
James (Jim) Gowans, Co-President
Jim Gowans, a seasoned mining operator with four decades of industry experience, was appointed Co-President of Barrick in July 2014. He joined Barrick in January 2014 as Executive Vice President and Chief Operating Officer. As Co-President, Mr. Gowans shares overall responsibility for execution of the company’s strategic priorities and operating plans.

Mr. Gowans was previously Managing Director of Debswana, a joint venture between the Government of Botswana and De Beers SA. Before that, he was Chief Operating Officer of DeBeers SA, and Chief Executive Officer of DeBeers Canada. Mr. Gowans also has significant experience in the gold sector, having worked for eight years at Placer Dome, culminating in his role as Executive Vice President, Canadian Operations. He also held senior operating positions at PT Inco, where he was Senior Vice President and Chief Operating Officer, and at Cominco (now Teck Resources Ltd), where he held the positions of Operations Manager for Potash Operations and General Manager of the Red Dog zinc mine.

Mr. Gowans is a professional engineer with a Bachelor of Applied Science in Mineral Engineering from the University of British Columbia.
Ammar Al-Joundi, Senior Executive Vice President & Chief Financial Officer
Ammar Al-Joundi was promoted to Senior Executive Vice President and Chief Financial Officer in July 2014. He was previously Executive Vice President and Chief Financial Officer. Mr. Al-Joundi has more than 20 years of experience in corporate finance and banking within the mining industry, with extensive expertise in capital markets, business strategy, financial controls and mine operations.

Mr. Al-Joundi spent 11 years at Barrick, and was a key member of the company's finance team, prior to joining Agnico-Eagle Mines Limited as Senior Vice President, Finance and Chief Financial Officer in September 2010. While at Barrick, Mr. Al-Joundi served as Senior Vice President of Business Strategy and Capital Allocation, Senior Vice President, Finance and Vice President and Treasurer. His experience at Barrick also included two years as Chief Financial Officer of the company's South American business unit. Prior to joining Barrick in 1999, Mr. Al-Joundi spent eight years as an investment banker at Citibank Canada.

Mr. Al-Joundi holds an undergraduate degree in Mechanical Engineering from the University of Toronto and an MBA from the Ivey School of Business at the University of Western Ontario. He is also a Professional Engineer.
Darian Rich, Executive Vice President, Talent Management
Darian Rich was appointed Executive Vice President, Talent Management, in July 2014, a new position that reflects the critical requirement that any company seeking to be the leader in its field must attract, retain and develop exceptional people. He joined Barrick in 2012 and was most recently Senior Vice President, Human Resources. He has responsibility for all aspects of global Human Resources.

Mr. Rich has more than 25 years of diversified experience in human resources management. He was previously Vice President, Human Resources, for Albemarle Corporation, and held several positions in the U.S. and Asia during his 12 years with The Coca-Cola Company. Prior to that he held senior roles with Magma Copper and General Motors Corporation.

Mr. Rich is a graduate of the Labor and Human Relations program at Ohio State University and earned a Master of Science degree in Administration from Central Michigan University. He holds several professional certifications, including Certified Compensation Professional, Certified Benefit Professional and Global Remuneration Professional from the American Compensation Association.
Sybil Veenman, Senior Vice President & General Counsel
Sybil Veenman was appointed Senior Vice President and General Counsel in June 2010. She had been Senior Vice President, Assistant General Counsel and Secretary since Sept. 2008.

She joined Barrick in 1994, and has played a key role in the Legal function worldwide, leading or supporting Barrick’s various financings, business transactions and regulatory compliance initiatives. She has been instrumental in developing and implementing Barrick’s Code of Business Conduct and Ethics and related policies across the company.

Previously, she was with Lac Minerals Ltd., and was in private practice for seven years with the law firm of Fasken Campbell Godfrey where she specialized in Securities and Mergers and Acquisitions. She is a graduate of the University of Toronto Faculty of Law, and was called to the Bar of Ontario in 1989.
Rob Krcmarov, Senior Vice President, Global Exploration
Rob Krcmarov is Senior Vice President, Global Exploration, with responsibility for Barrick’s exploration activities worldwide. With more than 20 years of experience in geology and exploration, he leads a global team of geoscientists, and works closely with the Corporate Development group to assess assets and help the company replace and grow reserves and resources.

Early in his career, he worked extensively in Australia, Chile and Peru with Homestake Mining, which was acquired by Barrick in 2001. At that time, he was appointed Barrick’s General Manager Exploration for Australia, and subsequently took on responsibility for exploration in Africa and Asia before becoming Vice President Global Exploration in 2005.

He holds a Bachelor of Science (Honors) degree from the University of Adelaide and a Master’s degree in Economic Geology from the University of Tasmania. He is a Fellow of the Society of Economic Geologists and a member of the Board of Trustees for the Society of Economic Geologists Foundation. He is also an active member of several major professional associations, including the Australian Institute of Mining and Metallurgy, and the Prospectors and Developers Association of Canada (PDAC).
Rick McCreary, Senior Vice President, Corporate Development
Rick McCreary was appointed Senior Vice President, Corporate Development of Barrick Gold Corporation, effective April 26, 2011. He has overall responsibility for Barrick's global Corporate Development activities, including Corporate Development, Evaluations and Special Projects.

Before joining Barrick, he worked in mining investment banking for over fourteen years culminating as Head of CIBC World Markets’ Global Mining investment banking group. During his tenure at CIBC, Mr. McCreary advised companies involved in some of the world’s largest mining transactions, including Placer Dome, Goldcorp, Kinross, Falconbridge, Rio Tinto, and BHP Billiton. In advance of his work experience in mining investment banking, he worked in the Noranda/Falconbridge organization for eight years in various areas, including metals marketing, geophysics, geological engineering and technology development.

Mr. McCreary holds an M.B.A. in Finance and Strategy from McGill University, and a M.Sc. and B.Sc.Eng.Hons in Geological Engineering from Queen's University.
Ivan Mullany, Senior Vice President, Capital Projects
Ivan Mullany was appointed Senior Vice President, Capital Projects in August 2011. The global Capital Projects group, in partnership with the regional business units, is responsible for developing Barrick’s project pipeline on budget and on schedule in a safe and environmentally friendly manner.

Mr. Mullany has 30 years of experience in the mining industry, including leadership roles in large firms such as Iron Ore Company Canada (Rio Tinto) and Emperor Mines Limited. He has worked around the globe, including stints in Australia, Fiji, France and Canada.

He joined Barrick in 2004 as Manager, Metallurgy and Process Development, and served as the metallurgical lead for annual Life-of-Mine planning, the Placer Dome acquisition, and the Pueblo Viejo feasibility study. In 2008, he became Senior Director Metallurgy and Process Development, and was promoted to Vice President in 2009. Since 2009, he has led the Operations Support group, coordinating the technical specialists and global standards needed to help operations reach a high level of performance.

He is a Fellow of the Australian Institute of Mining and Metallurgy (MAusIMM) and a member of the Canadian Institute of Mining and Metallurgy (CIMM). He is a graduate of the Extractive Metallurgy program at Murdoch University, and has undertaken graduate diploma studies in Mining as well as Applied Finance and Investment.

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