Barrick Gold Appoints Helen Cai as Incoming Chief Financial Officer

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Barrick Gold Corporation has announced a significant change to its executive leadership team. Helen Cai is set to join the mining giant as its new Chief Financial Officer and Senior Executive Vice President, effective March 1, 2026. The appointment comes during a period of remarkable operational and market performance for the world’s second-largest gold producer.

Cai will assume responsibility for Barrick’s global financial strategy, including capital allocation and balance sheet management. Her tenure will begin at a time when the company’s shares are trading at a 52-week high, a peak achieved in January. Over the preceding twelve months, Barrick’s stock delivered a substantial gain of 182 percent.

This equity strength is underpinned by a powerful rally in the underlying commodity. In a historic move, the spot price of gold surpassed the $5,000 per ounce threshold for the first time in January 2026. The company’s recent financial results have further bolstered investor confidence. For the third quarter of 2025, Barrick reported adjusted earnings of $0.58 per share, a figure that comfortably exceeded consensus analyst forecasts. The market now awaits the release of Q4 and full-year 2025 results, scheduled for February 5, 2026.

Navigating a Corporate Transformation

Beyond the favorable market conditions, Cai will guide the company’s finances through a pivotal strategic shift. Barrick is actively exploring the potential separation of its North American assets, a move designed to unlock additional value for shareholders. The success of this restructuring initiative is expected to hinge significantly on the performance of its major Nevada joint venture with Newmont Corporation.

Thus, the incoming CFO will not only manage finances in a robust gold price environment but will also play a central role in executing a key corporate reorganization. The transition in leadership is viewed as positioning the company for its next phase of strategic development.