Newmont’s Tom Palmer to Step Down as CEO, Passing the Torch to Natascha Viljoen in Historic Leadership Shift

Newmont Corporation, one of the world’s leading gold mining companies, announced that Tom Palmer will step down as CEO by the end of 2025. Palmer, who has led Newmont since 2019, is set to retire after a distinguished tenure that strengthened the company’s operations and financial standing. His successor, Natascha Viljoen, currently President and COO, will take over as the first woman CEO in Newmont’s 104-year history, signaling a new era for the company.

 

CEO Transition Details

Tom Palmer will resign as CEO and from the board on December 31, 2025.

 

He will serve as a Strategic Advisor until his retirement on March 31, 2026, to support a smooth leadership transition.

 

Successor and Leadership History

Natascha Viljoen, Newmont’s President and COO since 2023, will succeed Palmer as CEO and join the board starting January 1, 2026.

 

Viljoen brings over three decades of global mining leadership experience and will be Newmont’s first woman CEO.

 

Palmer’s Legacy and Contributions

Palmer served as Newmont CEO since 2019 and has been with the company for over a decade.

 

Under his leadership, Newmont completed major divestments, strengthened its balance sheet, and enhanced operational safety and efficiency.

 

Looking Ahead

Viljoen pledges to focus on operational excellence, cost discipline, and unlocking value in Newmont’s portfolio.

 

The company aims for a future marked by resilience, simplicity, and sustainable growth.

 

Sources: Newmont official announcement, Reuters, Business Wire