People: Iamgold Corp (IMG.TO)

IMG.TO on Toronto Stock Exchange

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Naik, Mahendra 

Mr. Mahendra Naik is Independent Director of the Company. He has been involved with IAMGOLD since its inception in 1990 as one of the founding directors’ and Chief Financial Officer (“CFO”). As CFO from 1990 to 1999, Mr. Naik led the joint venture with AngloGold and in project debt financings in excess of U.S. $350 million for both Sadiola and Yatela mines. In addition, Mr. Naik led equity financings in excess of U.S. $150 million including IAMGOLD’s initial public offering in 1996. From 2000 to date, as a director, Mr. Naik has been a member of the audit and compensation committees. Mr. Naik is the Chairman of the Board, Audit and compensation committees of Fortune Minerals Limited, a TSX listed company. Since 2003, Mr. Naik has been a director of Goldmoney Inc., a TSX listed precious metals financial services company and is Chairman of the audit and compensation committees. Mr. Naik is also a director and Chairman of the Audit committee for M2Cobalt Corporation. Mr. Naik is involved in a number of non-profit organizations including the Indus Entrepreneurs and Trillium Hospital Foundation. Mr. Naik is a Chartered Professional Accountant and practised for nine years with a major accounting firm. He holds a Bachelor of Commerce degree from the University of Toronto.

Basic Compensation

Total Annual Compensation, CAD 110,000
Restricted Stock Award, CAD 73,197
Long-Term Incentive Plans, CAD --
All Other, CAD --
Fiscal Year Total, CAD 183,197

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Stephen Letwin


Carol Banducci


P. Gordon Stothart


Jeffery Snow


Benjamin Little


Craig MacDougall

As Of  31 Dec 2018