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Goldcorp head will leave once merger complete, Newmont CEO says

Jan 31, 2019 - The Globe and Mail (Canada)
Board and Executive Moves-Mergers and Acquisitions

Goldcorp Inc. chief executive David Garofalo will leave once the company completes its merger with Colorado-based Newmont Mining Corp., says the man who engineered the deal.

Mr. Garofalo's fate had been a question mark ever since Newmont and Vancouver-based Goldcorp announced their US$10-billion union on Jan. 14. But in an interview with The Globe and Mail, Newmont CEO Gary Goldberg confirmed there is no role planned for the Goldcorp boss once the merger, which will create the world's lar...