Thornton

Thornton

John Thornton was paid a staggering US$17-million in 2012, his first year with Barrick, according to a proxy circular filed by the company. That includes an US$11.9-million “special cash sign-on payment” for him to buy Barrick shares on the open market.

Mr. Thornton, 59, is viewed as Mr. Munk’s likely successor, and is being treated like an executive rather than a director.

Article: Peter Koven, Financial Post