Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Management

B2Gold's Johnson to retire, Cinnamond appointed CEO

By The Northwire Desk — AI Analysis Feb 23, 2026 · 17:49 BTO · 7.85 B2Gold Corp.
BTO · Price

Executive Summary

  • B2Gold Corp. announced a major leadership succession plan where current President and CEO Clive Johnson will retire effective June 4, 2026.
  • Mike Cinnamond, currently Senior Vice-President, Finance and CFO, has been named to succeed Johnson as President and CEO, and will also join the Board of Directors.
  • Significant changes to the Board and senior management include Kelvin Dushnisky transitioning to Executive Chair, Greg Barnes becoming Lead Independent Director, and Michael McDonald succeeding Cinnamond as CFO.

Key Details

  • CEO Succession: Clive Johnson is retiring from his roles as President, CEO, and Director at the Annual General Meeting scheduled for June 4, 2026.
  • New CEO: Mike Cinnamond (current SVP, Finance and CFO) succeeds Johnson as President and CEO and replaces him on the Board of Directors.
  • Transition Date: Cinnamond’s appointments take effect on June 4, 2026.
  • Johnson’s New Role: Clive Johnson will be named Chair Emeritus to ensure continued connection with the company and availability to the board and senior management.
  • Board Chair Transition: Kelvin Dushnisky transitions from Chair of the Board to Executive Chair of the Board effective February 23, 2026.
  • Lead Independent Director: Greg Barnes is appointed Lead Independent Director of the Board effective February 23, 2026.
  • CFO Succession: Michael McDonald (currently VP, Investor Relations, Corporate Development and Treasury) will succeed Mike Cinnamond as CFO effective June 4, 2026.
  • Johnson’s Tenure: Johnson served as President and CEO since the company's founding in 2007 (19 years), leading the transition from a junior explorer to an international producer with four operating mines producing ~1 million ounces of gold annually.
  • Cinnamond’s Background: Joined B2Gold in 2013; served as SVP, Finance and CFO since April 2014.
  • McDonald’s Background: 20 years of experience in finance, corporate development, and capital markets at Goldcorp Inc., SSR Mining Inc., and Gold Standard Ventures Corp.
  • Dushnisky’s Background: Over 35 years in mining; former President and CEO of AngloGold Ashanti Ltd.; former President and Board member of Barrick Gold Corp.; past Chair of the World Gold Council.
  • Barnes’ Background: Over 35 years in global mining; former Managing Director and Head of Mining Equity Research at TD Securities Inc.; currently Chair of B2Gold’s compensation committee and member of the audit committee.

Notable Quotes

  • Clive Johnson (Outgoing CEO): "It has been a great privilege to have led B2Gold since its formation in 2007... Now is the right time to pass the torch and in making this decision I have every confidence in Mike to lead our next stage of growth."
  • Mike Cinnamond (Incoming CEO): "I am honoured to have the opportunity to lead B2Gold. The company has great assets and great people and is well positioned for the future."
  • Kelvin Dushnisky (Chair): "Today's announcement is the result of a thorough and orderly succession process and will ensure continuity of leadership and the successful evolution of the company."
Read the original news release →

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