Newmont appoints Toth as chief strategy, sustainability officer
Leading gold company Newmont on Wednesday announced Peter Toth as chief strategy and sustainability officer.
His appointment followed the retirement of chief sustainability and external affairs officer Stephen Gottesfeld after 25 years of service to the company.
Last year, Newmont announced that Toth – a 25-year veteran of the industry – would join the company as executive VP strategic development.
Toth has extensive experience with integrating sustainability practices into broader corporate strategies, having led the development of Rio Tinto’s ten-year climate strategy in support of its ambition of reaching net zero by 2050.
“We are extremely thankful to Steve for his dedication and service to Newmont. He has been a key driver of our strategic approach to sustainability during a transformative period in Newmont’s 101-year history. Throughout his career, Steve has provided a lasting contribution to Newmont with his commitment to our values, development of exceptional teams and leaders, and trusted counsel to our board and executive leadership teams,” said Newmont president and CEO Tom Palmer.
“I am pleased that we are able to turn to a deep bench of sustainability and external relations leaders to support Peter Toth, who will continue to embed ESG [environmental, social and governance] and sustainability into our approach to strategic development. ESG and sustainability performance remains critical to our future strategy and success.”
Newmont has long been a leader in sustainable and responsible mining, and considers ESG practices to be fundamental to the way in which it operates. With the appointment of Toth, the company will further incorporate these critical elements into its future strategy.
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