Karyn Ovelman is the new CFO of Newmont
Gold mining major Newmont on Thursday announced the appointment of Karyn Ovelman as executive VP and CFO.
She will join the company during the second quarter.
Newmont stated that Ovelman had extensive global leadership experience. She previously held CFO roles for highly complex and capital-intensive companies in the resource and energy sectors, including Flowserve, LyondellBassell Industries, and Petroplus Holdings.
Most recently, Ovelman has been fully dedicated to board of director roles at Hess Corporation and Arcelor Mittal.
“Our balanced and disciplined approach to capital allocation to maintain financial strength and flexibility, and the highest standards of corporate governance, are Newmont’s industry trademarks and critical to our long-term strategy. Karyn brings a breadth of global experience operating in complex financial environments and has proven leadership and commercial capabilities to enable success during periods of transformation,” said president and CEO Tom Palmer.