HomeGoldBarrick chief seriously ill

Barrick chief seriously ill

Greg Wilkins,
President & CEO,
Barrick Gold Corp
Toronto, Canada — MININGREVIEW.COM — 28 March, 2008 – Barrick Gold Corporation president and chief executive officer Greg Wilkins has taken a leave of absence, and chairman Peter Munk will assume the CEO responsibilities on an interim basis until further notice.

A news release issued here last night revealed that Mr. Wilkins has a serious medical condition that will require his absence as he undergoes further tests, examinations and treatment.

"On behalf of our board of directors and employees, we sincerely wish Greg well as he and his family go through a difficult period of uncertainty and challenge. Greg has our full support and deserves our utmost respect for his privacy at this time. He is a valued friend and colleague – a tremendous chief executive officer," said founder and chairman Peter Munk.

“Greg and I were to conduct meetings with the European investment community next week and this – and all other business plans – will continue as scheduled,” he added. Barrick executive vice president and CFO Jamie Sokalsky will participate in the absence of Mr. Wilkins.

Wilkins was appointed president and CEO of Barrick in February 2003, and was elected chairperson of the World Gold Council earlier this month.