Barrick appoints new CFO, senior executive VP
NYSE- and TSX-listed Barrick Mining has announced the appointment of Helen Cai as senior executive VP and CFO.
Cai will become CFO on March 1, following the departure of Graham Shuttleworth, who will be leaving Barrick, after the announcement and filing of the company’s year-end results. Cai will work with Shuttleworth until his departure to ensure a smooth transition.
“I would like to welcome [Cai] to the executive team as CFO. [Her] deep financial expertise and decades of mining sector experience will be invaluable as we focus on driving improved performance and shareholder value,” Barrick COO, interim president and CEO Mark Hill said on January 19.
“On behalf of everyone at Barrick, I would like to express our sincere thanks to [Shuttleworth] for his leadership and the significant contribution he has made to the company over the past seven years. We wish him well for the future,” he added.
Cai has served on the Barrick board since November 2021 and brings to the role more than 20 years of experience in equity research, corporate finance, strategic planning, capital markets and mergers and acquisitions across the mining, industrial and technology sectors, primarily with Goldman Sachs and China International Capital Corporation.
She was consistently top ranked as a research analyst by StarMine, Institutional Investor and Asiamoney, and the transactions she led as an investment banker received multiple deal awards from Asiamoney and The Asset.
Cai holds both the chartered financial analyst and chartered alternative investment analyst designations and was educated at the Massachusetts Institute of Technology and Tsinghua University.
“I am excited to be taking on this new executive role at such a pivotal time in Barrick’s history. I look forward to partnering with [Hill] and the leadership team to deliver our strategy and drive sustainable value for our shareholders,” Cai said.
