Wilkins resigns as president and CEO of Barrick, named executive vice-chairman

Published Friday July 18th, 2008

THE CANADIAN PRESS

TORONTO - Barrick Gold Corp.'s (TSX:ABX) Greg Wilkins, who has been on medical leave since March, resigned as president and chief executive on Friday and was named executive vice-chairman of the gold miner.

Chairman Peter Munk, who assumed the CEO responsibilities when Wilkins went on medical leave while he underwent tests, examinations and treatment, will continue in the job until a successor is named.

Wilkins was named chief executive in February 2003 and helped lead Barrick through its acquisition of Placer Dome.

The board has appointed a committee to conduct a search for a new chief executive.

Shares in Barrick, the world's gold miner, closed down 21 cents at $47.70 on the Toronto Stock Exchange on Friday.

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