Barrick names Hill as group COO, interim president, CEO

Executive Summary

• Barrick Mining Corp.’s board appointed Mark Hill as Group Chief Operating Officer and interim President and Chief Executive Officer, effective immediately.
• The appointment follows the departure of former President and CEO Mark Bristow after nearly seven years at the helm.
• The board has launched a search process, with an executive search firm, to identify a permanent President and CEO.

Key Details

• Appointee: Mark Hill – currently responsible for Barrick’s Latin America and Asia‑Pacific regions; joined Barrick in 2006; 30 years of mining executive experience.
• Roles Assumed: Group COO and interim President & CEO, effective immediately.
• Departing Executive: Mark Bristow stepped down after leading the integration of Barrick and Randgold (2019) and delivering $6.7 billion returned to shareholders and a $4 billion net‑debt reduction.
• Board Action: Search committee chaired by Brett Harvey, supported by a leading executive search firm, will conduct a process to appoint a permanent President & CEO.
• Statement from Chairman: John Thornton thanked Mark Bristow for his leadership and welcomed Mark Hill, emphasizing continuity and the company’s positioning for growth.
• Operational Context: The appointment occurs as Barrick continues to meet full‑year expectations set out in its Q2 2025 results (released Aug 11, 2025).

Notable Quotes

• “On behalf of the board, I want to thank Mark for his leadership of Barrick… As a result, the company is well positioned for the next phase of our growth and value creation for all shareholders.” – John Thornton, Chairman of the Board
• “We are delighted to welcome Mark Hill as group COO and interim President and CEO. His calibre, experience and deep knowledge of the company will ensure we maintain momentum.” – John Thornton