Barrick Appoints Peter Godsoe to Board of Directors.Business Editors TORONTO--(BUSINESS WIRE)--Feb. 12, 2004 Barrick Gold Corporation (NYSE NYSE See: New York Stock Exchange :ABX) (TSX:ABX) (LSE:ABX) (PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. :ABX) (Swiss:ABX) today announced that Peter C. Godsoe has been appointed to its Board of Directors. "Barrick's Board will be strengthened by Peter Godsoe's breadth of business experience and knowledge of international capital markets," said Greg Wilkins, President and Chief Executive Officer of Barrick. "We are very pleased to have Peter join our Board and are committed to adhering to the new corporate governance standards for boards of directors set out by the Securities and Exchange Commission and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. ." Peter Godsoe has had a distinguished business career. Currently Chairman of Scotiabank, he served as Chief Executive Officer from 1993-2003. During this period, Scotiabank achieved strong earnings every year. In 2002, he received the Order of Canada The Order of Canada is Canada's highest civilian honour within the Canadian system of honours, with membership awarded to those who exemplify the Order's Latin motto Desiderantes meliorem patriam, which means "(those) desiring a better country" (Hebrews 11:16). and was inducted into the Canadian Business Hall of Fame The Canadian Business Hall of Fame honours "Canada's most distinguished business leaders", according to its web site. The Canadian Business Hall of Fame was established by Junior Achievement of Canada in 1979. Inductees:
Barrick is building new, low-cost, long-life mines in highly prospective gold mining districts around the globe. It has the lowest cash costs among major gold producers, and the only A-rated balance sheet, with a cash position of nearly $1 billion. Barrick's shares trade under the ticker symbol ABX on the Toronto, New York, London and Swiss stock exchanges and the Paris Bourse. |
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