Barrick Changes CFO as Overhaul Continues Ahead of Possible IPO

Barrick Mining Corp. appointed Helen Cai as chief financial officer, replacing Graham Shuttleworth whose departure adds to a string of senior exits at the Canadian miner amid speculation it could be acquired or broken up.

Cai, who has served on Barrick’s board since 2021, will take up the role of CFO and senior executive vice president on March 1, the company said Monday. Shuttleworth, who has been with Barrick since its acquisition of Randgold Resources in 2019, will work with Cai to ensure a smooth handover, the company added.