Overview
- Barrick said Mark Bristow left effective immediately after nearly seven years, and veteran executive Mark Hill assumes the roles of interim president and CEO while serving as group COO.
- A board Search Committee chaired by Brett Harvey has engaged an external executive search firm to identify a permanent successor.
- The company stated it continues to perform in line with full‑year expectations outlined with its second‑quarter results in August.
- Coverage highlights investor scrutiny of Barrick’s share‑price lag versus peers and notes analysts characterized Bristow’s departure as unexpected.
- Barrick faces ongoing legal and operational risk in Mali, where a dispute over taxes and contracts triggered a US$1.04‑billion charge and provisional administration of the Loulo‑Gounkoto complex.