Leadership Shakeup at Barrick Gold Follows Elliott Management Stake
19.11.2025 - 16:18:04A dramatic corporate overhaul is underway at Barrick Gold, the world’s largest gold producer. The company has replaced its entire North American leadership team and announced fundamental structural changes. This reorganization coincides with the recent disclosure that activist investor Elliott Investment Management has taken a substantial $700 million position in the mining giant, establishing itself among Barrick’s top ten shareholders.
The timing of these developments is unlikely to be coincidental. Elliott, known for its aggressive campaigns to unlock value at undervalued companies, has sent a clear message to Barrick’s management: the status quo is unacceptable. This raises a critical question about a firm that CEO Mark Hill describes as having “excellent fundamental data”—what exactly is Read more...
