Thomas Palmer Biography and Net Worth
Thomas Ronald Palmer serves as
President, Chief Executive Officer, Director of the Company. Mr. Palmer served as President since June 2019 and as President and Chief Operating Officer from November 2018 until June 2019. Previously, he served as Executive Vice President and Chief Operating Officer since May 2016. Mr. Palmer was elected Senior Vice President, Asia Pacific in February 2015 after serving as Senior Vice President, Indonesia since March 2014. Since May of 2016, when he was appointed Executive Vice President and Chief Operating Officer – with more than 85 percent of Newmont's workforce reporting through to him – Newmont has generated more than $2 billion in free cash flow and commissioned two new mines and five expansions on four continents, on or ahead of schedule and within or below budget. Project optimization work under Mr. Palmer's leadership has also positioned Newmont's robust project pipeline as among the best in the gold sector through capital discipline and a focus on returns. Prior to assuming leadership of Newmont's operations and projects in 2016, Mr. Palmer led the Company's business in the Asia Pacific region, which generated nearly 40 percent of Newmont's revenues at the time. Before being recruited to join Newmont in 2014, Mr. Palmer served as Chief Operating Officer for Pilbara Mines at Rio Tinto Iron Ore. Mr. Palmer's 25-year career in mining includes leadership roles in Rio Tinto's bauxite and aluminum, coal, copper, iron ore, and technology businesses where he gained extensive experience building and leading high-performing global teams to enhance safety, profitability, sustainability, and diversity and inclusion.
What is Thomas Ronald Palmer's net worth?
The estimated net worth of Thomas Ronald Palmer is at least $12.17 million as of June 1st, 2023. Mr. Palmer owns 289,039 shares of Newmont stock worth more than $12,165,652 as of June 3rd. This net worth estimate does not reflect any other investments that Mr. Palmer may own. Learn More about Thomas Ronald Palmer's net worth.
What is Thomas Ronald Palmer's salary?
As the CEO of Newmont Co., Mr. Palmer earned a total compensation package of $12,667,106.00 in 2021. Mr. Palmer earned a salary of $1,300,000.00, stock awards of $8,566,067.00, non-equity compensation of $2,125,500.00, and other compensation of $69,017.00. Learn More on Thomas Ronald Palmer's salary.
How do I contact Thomas Ronald Palmer?
Has Thomas Ronald Palmer been buying or selling shares of Newmont?
Over the course of the past ninety days, Thomas Ronald Palmer has sold $1,512,720.00 of Newmont stock. Most recently, Thomas Ronald Palmer sold 11,000 shares of the business's stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $40.84, for a transaction totalling $449,240.00. Following the completion of the sale, the chief executive officer now directly owns 289,039 shares of the company's stock, valued at $11,804,352.76. Learn More on Thomas Ronald Palmer's trading history.
Who are Newmont's active insiders?
Are insiders buying or selling shares of Newmont?
During the last year, insiders at the basic materials company sold shares 21 times. They sold a total of 151,890 shares worth more than $7,262,782.20. The most recent insider tranaction occured on June, 1st when CEO Thomas Ronald Palmer sold 11,000 shares worth more than $449,240.00. Insiders at Newmont own 0.1% of the company.
Learn More about insider trades at Newmont. Information on this page was last updated on 6/1/2023.
Thomas Ronald Palmer Insider Trading History at Newmont
| Transaction Date | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 6/1/2023 | Sell | 11,000 | $40.84 | $449,240.00 | 289,039 |  |
| 5/1/2023 | Sell | 11,000 | $47.76 | $525,360.00 | 300,039 | |
| 4/3/2023 | Sell | 11,000 | $48.92 | $538,120.00 | 311,039 | |
| 3/1/2023 | Sell | 11,000 | $44.25 | $486,750.00 | 322,039 | |
| 1/3/2023 | Sell | 11,000 | $48.23 | $530,530.00 | 199,949 | |
| 12/1/2022 | Sell | 11,000 | $48.42 | $532,620.00 | 210,949 | |
| 11/1/2022 | Sell | 11,000 | $43.02 | $473,220.00 | 221,949 | |
| 10/3/2022 | Sell | 11,000 | $42.71 | $469,810.00 | 232,949 | |
| 8/1/2022 | Sell | 11,000 | $45.35 | $498,850.00 | 254,949 | |
| 7/1/2022 | Sell | 11,000 | $59.43 | $653,730.00 | 265,949 | |
| 6/1/2022 | Sell | 11,000 | $67.64 | $744,040.00 | 276,949 | |
| 5/2/2022 | Sell | 11,000 | $71.20 | $783,200.00 | 287,949 | |
| 3/1/2022 | Sell | 7,000 | $66.94 | $468,580.00 | | |
| 2/1/2022 | Sell | 7,000 | $62.00 | $434,000.00 | | |
| 12/1/2021 | Sell | 7,000 | $55.23 | $386,610.00 | | |
| 11/1/2021 | Sell | 7,000 | $53.78 | $376,460.00 | | |
| 10/1/2021 | Sell | 7,000 | $54.65 | $382,550.00 | | |
| 7/1/2021 | Sell | 7,000 | $64.00 | $448,000.00 | 264,525 | |
| 4/1/2021 | Sell | 5,150 | $61.03 | $314,304.50 | 281,825 | |
| 1/4/2021 | Sell | 5,150 | $61.95 | $319,042.50 | 242,547 | |
| 11/2/2020 | Sell | 5,150 | $63.25 | $325,737.50 | 252,847 | |
| 10/1/2020 | Sell | 5,150 | $64.00 | $329,600.00 | 257,997 | |
| 9/1/2020 | Sell | 5,150 | $68.55 | $353,032.50 | 263,147 | |
| 8/3/2020 | Sell | 5,150 | $69.20 | $356,380.00 | 268,297 | |
| 7/1/2020 | Sell | 5,150 | $61.77 | $318,115.50 | 273,447 | |
| 6/1/2020 | Sell | 4,000 | $58.81 | $235,240.00 | 278,597 | |
| 5/1/2020 | Sell | 4,000 | $58.67 | $234,680.00 | 282,597 | |
| 4/1/2020 | Sell | 4,000 | $45.04 | $180,160.00 | 286,597 | |
| 1/2/2020 | Sell | 4,000 | $43.55 | $174,200.00 | 238,073 | |
| 12/2/2019 | Sell | 4,000 | $38.30 | $153,200.00 | 242,073 | |
| 11/1/2019 | Sell | 4,000 | $39.68 | $158,720.00 | 246,073 | |
| 10/1/2019 | Sell | 4,000 | $37.56 | $150,240.00 | 250,073 | |
| 9/3/2019 | Sell | 2,750 | $40.01 | $110,027.50 | 254,073 | |
| 8/1/2019 | Sell | 16,000 | $35.89 | $574,240.00 | 256,823 | |
| 7/1/2019 | Sell | 1,250 | $37.63 | $47,037.50 | 272,823 | |
| 6/3/2019 | Sell | 1,250 | $33.31 | $41,637.50 | 274,073 | |
| 5/1/2019 | Sell | 1,250 | $30.90 | $38,625.00 | 275,323 | |
| 4/1/2019 | Sell | 1,250 | $35.85 | $44,812.50 | 276,573 | |
| 3/1/2019 | Sell | 1,250 | $33.90 | $42,375.00 | 277,823 | |
| 2/1/2019 | Sell | 1,250 | $34.13 | $42,662.50 | 126,610 | |
| 1/2/2019 | Sell | 1,250 | $34.43 | $43,037.50 | 127,860 | |
| 12/3/2018 | Sell | 1,250 | $32.88 | $41,100.00 | 129,110 | |
| 11/1/2018 | Sell | 1,250 | $31.51 | $39,387.50 | 130,360 | |
| 10/1/2018 | Sell | 1,250 | $30.20 | $37,750.00 | | |
| 9/4/2018 | Sell | 1,250 | $30.53 | $38,162.50 | | |
| 6/1/2018 | Sell | 1,250 | $38.88 | $48,600.00 | | |
| 4/2/2018 | Sell | 1,250 | $39.44 | $49,300.00 | | |
| 3/1/2018 | Sell | 1,250 | $38.06 | $47,575.00 | | |
| 2/1/2018 | Sell | 1,250 | $40.23 | $50,287.50 | 83,112 | |
| 1/2/2018 | Sell | 1,250 | $37.89 | $47,362.50 | | |
| 12/1/2017 | Sell | 1,250 | $36.98 | $46,225.00 | 85,612 | |
| 11/1/2017 | Sell | 1,250 | $36.44 | $45,550.00 | 86,862 | |
| 10/2/2017 | Sell | 1,250 | $37.35 | $46,687.50 | 88,112 | |
| 9/1/2017 | Sell | 1,250 | $38.60 | $48,250.00 | 89,362 | |
| 8/1/2017 | Sell | 1,250 | $37.11 | $46,387.50 | 90,612 | |
| 7/3/2017 | Sell | 1,250 | $31.80 | $39,750.00 | 91,862 | |
Newmont Company Overview
Newmont Corp. is a gold producer, engages in the exploration and acquisition of gold properties, contains copper, silver, lead, zinc or other metals. It operates through the following geographical segments: North America, South America, Nevada, Australia, and Africa. The North America segment consists primarily of carlin, phoenix, twin creeks and long canyon in the state of Nevada and Cripple Creek and Victor in the state of Colorado, in the United States. The South America segment composed of Yanacocha in Peru, Merian in Suriname and Cerro Negro. The Australia segment consists primarily of Boddington, Tanami and Kalgoorlie in Australia. The Africa segment composed of Ahafo and Akyem in Ghana. The company was founded by William Boyce Thompson on May 2, 1921, and is headquartered in Denver, CO.
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Today's Range
Now:
$42.09
Volume
11,465,366 shs
Average Volume
8,081,673 shs
Market Capitalization
$33.45 billion
P/E Ratio
N/A
Dividend Yield
3.95%
Beta
0.34
