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Daily Archives: Jan 21, 2017

Barrick Gold Corp cuts executive chairman John Thornton’s pay by 76% after investor criticism

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Barrick Gold Corp.awarded Executive Chairman John Thornton US$3.08 million as a whole compensation, 76 percent under this past year, after he threw in the towel his bonus within the wake of investor criticism of pay packages at the world’s largest gold producer. Thornton, 62, received a salary of US$2.5 million, US$204,090 in other compensation along with a pension value of US$375,000, the ...

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