New appointment announced: Ben van Beurden takes over as Lead Director of Barrick, replacing long-time leader Brett Harvey.
Shell Veteran Ben van Beurden Appointed Lead Independent Director at Barrick Mining Corporation
Ben van Beurden, a seasoned leader with nearly four decades of experience in the energy and natural resources sectors, has been appointed as the Lead Independent Director of Barrick Mining Corporation's Board. This appointment is part of a broader ongoing strategic initiative to refresh the Board's composition.
Van Beurden, most notably known for his tenure as the CEO of Shell, led the company's strategic transformation into a diversified energy leader, with significant emphasis on natural gas and renewables. He streamlined Shell's corporate structure and positioned it as a leader in the energy transition.
In his new role at Barrick, van Beurden will provide independent leadership at the board level to guide the company through evolving industry dynamics. His global perspective and experience in sustainable business management are expected to bring valuable insights, especially as Barrick navigates challenges in the mining and natural resources sector.
Barrick, a leading global mining, exploration, and development company, operates in 18 countries and five continents, with six Tier One gold mines. The company is the largest gold producer in the United States and prides itself on creating real, long-term value for all stakeholders through responsible mining, strong partnerships, and a disciplined approach to growth.
John Thornton, Chairman of Barrick, praised Brett Harvey's exceptional leadership and steadfast commitment to sound governance. Harvey, who has been a member of Barrick's Board since 2005 and has served as Lead Director since 2013, will continue to serve as a valued member of the Board. Harvey has been a driving force in strengthening Barrick's governance, fostering board renewal, and advancing diversity.
Thornton also mentioned that van Beurden's appointment reflects Barrick's commitment to board renewal. Beyond Barrick, van Beurden serves as a senior advisor on energy transition investments at KKR, is a board member at Mercedes-Benz Group AG, and Chairman of Clariant, a Swiss specialty chemicals company.
Barrick's shares trade on the New York Stock Exchange under the symbol 'B' and on the Toronto Stock Exchange under the symbol 'ABX'. For group investor and media relations, contact Kathy du Plessis at +44 20 7557 7738 or [email protected].
Van Beurden's strategic acumen is highly praised by John Thornton. His appointment is a significant step forward for Barrick, as the company continues to shape its future in the dynamic world of mining and natural resources.
In his new role at Barrick, Ben van Beurden's strategic acumen and experience in various sectors such as energy, business, and technology will aid in guiding the company through evolving industry dynamics. His expertise in finance, particularly his leadership at Shell, will be instrumental in shaping Barrick's future as a leading global mining and natural resources company.
