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Bloomberg

Barrick Chairman's Planned Overhaul Meets Investor Backlash

Sunday, August 9, 2026


John Thornton, chairman of Barrick Mining Corp., took control of operational decisions from CEO Mark Bristow in 2025 and announced plans to restructure the company. Thornton had signaled in 2024 that he might step down after 12 years as chairman. Barrick is one of the world's largest gold producers. Some investors have opposed the restructuring plans, though specific investor concerns were not detailed.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-09/goldman-veteran-s-plan-to-split-barrick-runs-into-opposition

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