Newmont Corporation yesterday announced the appointment of Karyn Ovelmen as Executive Vice President and Chief Financial Officer.
Karyn Ovelmen is a highly experienced financial professional who will focus on financial discipline and maintaining a robust and flexible balance sheet to support Newmont’s capital allocation strategy. Karyn will be responsible for Newmont’s Global Finance Functions and will join Newmont during the second quarter of 2023.
Karyn brings extensive global leadership experience to the role, having previously held Chief Financial Officer roles for highly complex and capital-intensive companies in the resource and energy sectors, including Flowserve, LyondellBassell Industries NV, and Petroplus Holdings AG. Most recently, Karyn has been fully dedicated to the 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 Tom Palmer, Newmont President, and Chief Executive Officer. “Karyn is uniquely qualified to ensure our financial approach underpins the safe delivery of long-term value to all our stakeholders through sustainable and responsible mining.”
Karyn has a strong commitment to developing high-performing teams, continuous improvement, and performance in global organizations having worked in the United States and the United Kingdom. Karyn holds a Bachelor of Arts in Political Science from the University of Connecticut and is a licensed Certified Public Accountant in the state of Texas.
Karyn will be a member of the Newmont Executive Leadership Team and be based in Denver. Learn more about the Newmont Executive Leadership Team at Newmont.
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