Barrick Gold: Peter Munk's Leadership and Legacy
商品編號：9B14M047
出版日期：2014/06/08
再版日期：
商品來源：
商品主題：General Management/Strategy; International Business
商品類型：Case (Pub Mat)
涵蓋議題：Strategic change;CEO transition;performance;Canada;global
難易度：4 - Undergraduate/MBA
內容長度：9 頁
地域：Canada; Global
產業：Mining; Quarrying; and Oil and Gas Extraction
事件年度：2013
Under the guidance and vision of founder Peter Munk, Barrick Gold Corporation had risen to become an industry leader and the world’s largest gold producer. The company had grown, mostly through mergers and acquisitions, from one single mine in Northern Ontario to 26 operating mines on five continents, with more than 20,000 employees worldwide. By 2013, however, weak gold prices, asset value writedowns and operational cost overruns have negatively affected the company’s stock price. Many attribute the company’s problems to Munk’s personality and his control over the board of directors. Munk has announced that he will retire in 2014 and will be replaced as chairman by his current co-chairman, John L. Thornton. How can Thornton effectively chair Barrick’s board in the wake of Munk’s legacy? Will his vision for the company conflict with Munk’s dream of turning it into an international diversified mining company? How much of a role will Munk play in the future given his level of informal power? Finally, what can Barrick do to lift itself out of an industry mired in volatility and financial uncertainty?
教學手冊：Barrick Gold: Peter Munk's Leadership and Legacy - Teaching Note
補充材料：