internal
Natascha Viljoen
President & Chief Executive Officer
Executive
0 yr
5 reports
Newmont Corporation ·NEM
CEO transition elevates former COO without adding layers
Energy · Fortune #225 · Hybrid structure · 22K employees · Denver, Colorado
View as of:
4
CEO span
↓ tighter than peers (avg 9)
2
Avg span
tight
3
Max depth
3 levels
1.5 yr
Avg tenure
↓ 3.3yr from FY2024
50%
Internal hires
near industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$22.7B
Net income
$7.1B
Total assets
$57.1B
Shares out
1.09B
Sourced from Newmont Corporation DEF 14A · filed 2026-03-26 ↗ View on SEC
Interactive org chart
Newmont Corporation organizational chart
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Newmont’s structure stands out for elevating its former COO directly to CEO in 2026 without adding layers. This page maps the lean executive team, interim technical leadership, recent changes, and peer comparisons following the CEO transition.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Francois Hardy departed as Chief Technical Officer
Retiring effective June 30, 2026
Source · See change logScenario views in the chart
- Appoint Permanent Chief Technical Officer A permanent CTO appointment would formalize technical leadership following the 2026 retirement.
- Separate CFO from Legal Separating the interim CFO role from Legal would reduce dual-hatting and clarify financial accountability.
Atlas work this supports
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The people
Who's running this
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Erin Workman
Acting Chief Technical Officer
Technical & Exploration
1 yr
0 reports
Peter Toth
Chief Sustainability & Development Officer
Sustainability
3 yr
0 reports
Peter Wexler
Chief Legal Officer & Interim Chief Financial Officer
Legal & Finance
2 yr
1 reports
Tom Palmer
Strategic Advisor (Former CEO)
Executive
0 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Tom Palmer $15.6M
- Base salary
- $1.44M
- Stock awards
- $10.09M
- Non-equity incentive
- $3.34M
- Pension change
- $695K
- Other
- $62K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
5×Director cash retainer
Directors must hold shares equal to five times annual cash retainer.
The businesses
How Newmont Corporation divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Global Operations
15K employees
President & CEO (Natascha Viljoen)
Manages mining operations across Newmont’s global asset portfolio.
Technical & Exploration
3K employees
Acting CTO (Erin Workman)
Oversees exploration, geology, and technical services.
Sustainability & Development
2K employees
Chief Sustainability & Development Officer (Peter Toth)
Leads ESG, social performance, and development initiatives.
The thesis
Why this org is unusual
Newmont’s most distinctive structural feature is that its 2026 CEO transition elevated the sitting COO directly into the CEO role without adding a new operational layer.
The org chart shows a lean executive team with several executives holding dual or interim responsibilities, notably the Chief Legal Officer also serving as Interim CFO.
This structure reflects continuity-focused succession planning, with internal promotions prioritized and minimal re-layering. Technical leadership is temporarily bridged through an acting CTO appointment following a long-tenured executive’s retirement, signaling stability over rapid reorganization.
- CEO promoted internally from COO
- Interim and dual-hatted C-suite roles
The comparison
How Newmont Corporation stacks up
Compared with peers like Barrick Gold and Freeport-McMoRan, Newmont operates with a relatively compact C-suite and fewer parallel presidents. Several competitors maintain distinct COOs or regional CEOs, while Newmont consolidates operational accountability at the CEO level. This approach reduces organizational depth …
C-suite size
Reporting depth
Newmont Corporation
3 levels
Barrick Gold
5 levels
5 levels
Agnico Eagle Mines
4 levels
AngloGold Ashanti
5 levels
Avg C-suite tenure
Newmont Corporation
2 yr
Barrick Gold
5 yr
6 yr
Agnico Eagle Mines
7 yr
AngloGold Ashanti
4 yr
Has COO / Has CAIO
Newmont Corporation — no COO — no CAIO
Barrick Gold ✓ COO — no CAIO
Agnico Eagle Mines — no COO — no CAIO
AngloGold Ashanti ✓ COO — no CAIO
Current signals
What changed recently
The most consequential change was the January 2026 CEO transition elevating Natascha Viljoen from COO to CEO.
- departed
- promotedNatascha Viljoen President & Chief Executive Officer
Promoted from President & COO effective January 1, 2026
Source - Date not confirmed new
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-26
- CEO
- Tom Palmer
- CEO span
- 5
- C-suite
- 6
- Avg tenure
- 4.2 yr
Leadership focused on succession planning ahead of announced CEO retirement.
Named executive officers (5)
- Tom Palmer - President & CEO since 2019
- Natascha Viljoen - President & COO since 2025
- Peter Wexler - Chief Legal Officer since 2024
- Peter Toth - Chief Sustainability & Development Officer since 2022
- Francois Hardy - Chief Technical Officer since 2024
FY2024
DEF 14A filed 2025-03-27
- CEO
- Tom Palmer
- CEO span
- 6
- C-suite
- 7
- Avg tenure
- 4.8 yr
Expanded C-suite following integration activities.
Named executive officers (1)
- Tom Palmer - President & CEO since 2019
FY2023
DEF 14A filed 2024-03-28
- CEO
- Tom Palmer
- CEO span
- 6
- C-suite
- 7
- Avg tenure
- 5.1 yr
Stable leadership with long-tenured CEO.
Named executive officers (1)
- Tom Palmer - President & CEO since 2019
Year-over-year changes
2025 reflected early succession moves ahead of the CEO transition.
- CEO span: 6 → 5
- C-suite size: 7 → 6
- Avg tenure: 4.8 → 4.2 yr
- promoted Natascha Viljoen - President & COO (was EVP & COO) (DEF 14A 2026-03-26)
The 2026 transition installed a new CEO and slightly reduced executive span.
- CEO span: 5 → 4
- C-suite size: 6 → 5
- Avg tenure: 4.2 → 1.5 yr
- retitled Natascha Viljoen - President & CEO (was President & COO) (8-K 2025-09-29)
Frequently Asked Questions
Who is the CEO of Newmont?
Natascha Viljoen has served as President and CEO since January 1, 2026.
What type of organizational structure does Newmont use?
Newmont operates a hybrid structure with centralized executive control and functional leadership.
How many direct reports does Newmont's CEO have?
The CEO currently has four direct executive reports.
How has Newmont's leadership changed recently?
Recent changes include the CEO transition in January 2026 and the announced retirement of the CTO in mid-2026.
Is Newmont known for internal promotions?
Yes. The 2026 CEO transition reflects Newmont’s emphasis on internal leadership development.
Sources
- 8-K Filing, Apr 2026
- 8-K Filing, Sep 2025
- SEC EDGAR: Newmont Corporation DEF 14A Proxy Statement
- SEC EDGAR: Newmont Corporation 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Newmont Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/newmont/MLA 9th
"Newmont Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/newmont/. Accessed .Chicago 17
Creately. "Newmont Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/newmont/.Original SEC source View on SEC ↗
Newmont Corporation. DEF 14A. Filed 2026-03-26. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1164727/000110465926035211/nem-20260512xdef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/newmont/ · last updated 2026-04-01