Barrick Mining Names North America Leadership Team Ahead of Planned IPO
Barrick Appoints Executive Team to Lead North American Business Spin-Off
Barrick Mining Corporation announced on Tuesday the appointment of a new executive leadership team for its North American operations as the company moves forward with plans to pursue an initial public offering (IPO) for the business.
The restructuring marks a significant step in the company’s strategy to strengthen operational focus and unlock shareholder value from its North American asset base.
Key Leadership Appointments
The newly formed leadership team will oversee the standalone operations of Barrick’s North American division as it prepares for a potential market listing.
Executive appointments include:
- Wessel Hamman — Chief Financial Officer
- Tim Cribb — Chief Operating Officer
- Joe Heckendorn — Chief Legal Officer and Corporate Secretary
- Megan Tibbals — Chief Technical Officer
- Richard Barley — Chief Human Resources Officer
- Javier Ortúzar — Vice-President of Exploration
- Amanda Steensen — Vice-President of Sustainability
Earlier this year, Mark Hill, previously serving as interim Chief Executive Officer of Barrick, was appointed Chief Executive Officer and President of the North American business unit, positioning him to lead the division through the planned IPO process.
Strategic Rationale for the IPO
The Toronto-based miner, recognized as one of the world’s largest gold producers, is pursuing the IPO to create a more focused operating structure while enhancing financial flexibility and transparency for its North American portfolio.
The division’s assets produced approximately 2 million attributable ounces of gold in 2025, highlighting the scale and performance of the operations expected to anchor the new entity.
Barrick has indicated it intends to retain a significant controlling interest in the business following the listing, ensuring continued strategic oversight while allowing the new company to operate with greater independence.
Leadership Confidence in Growth Prospects
According to Mark Hill, the newly appointed leadership team brings extensive operational and financial expertise that will support the division’s next phase of growth.
He noted that the planned IPO is expected to accelerate momentum by showcasing the strength and long-term potential of the company’s assets located in one of the world’s premier gold-producing regions.
