A bargain for those who'd suppress gold

Section:

Barrick CEO Got Big Boost
in Compensation in 2006

By Andy Hoffman
The Globe and Mail, Toronto
Friday, March 30, 2007

http://www.theglobeandmail.com/servlet/story/LAC.20070330.RTICKER30-3/TP...

Barrick Gold Corp. president and chief executive officer Greg Wilkins' pay package nearly doubled to US$9.4 million in 2006, a year that saw the gold giant's share price lag the increase in the price of gold. The mining executive took home $1.2 million in salary, a $3 million bonus, $1.7 million worth of stock options, and $2.65 million in restricted share units, according to a filing with U.S. and Canadian securities regulators. Including $707,381 in company contributions to his retirement plan, Mr. Wilkins' compensation totalled $9.4 million last year, a 90-percent increase from $4.9 million in 2005. Spot gold prices rose 30 percent in 2006, and Barrick shares 13 percent. ...

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