Clive Johnson, veteran miner and CEO of B2Gold, to retire in June

Clive Johnson, chief executive of B2Gold Corp., during an interview in Cape Town, South Africa, 2025. Photo by Dwayne Senior/Bloomberg filesArticle contentClive Johnson is stepping down from his role as chief executive and director of Vancouver-based B2Gold Corp., the company announced on Monday, while also laying out its leadership succession plans.Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentJohnson will retire at B2Gold’s annual general meeting scheduled for June 4.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.We apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Play VideoArticle contentHe will be succeeded as CEO by current senior vice-president of finance and chief financial officer, Mike Cinnamond, who will also replace him on the board of directors.Article contentArticle contentJohnson will then be named chair emeritus of B2Gold, which will ensure his continued connection with the company he founded and his availability to the board and senior management.Article contentThe mining veteran founded B2Gold 19 years ago, serving as president and chief executive since its inception and overseeing its growth from a junior exploration company into an international producer, with four operating mines (in Canada, Mali, Namibia and the Philippines) yielding approximately one million ounces of gold per year.Article content“It has been a great privilege to have led B2Gold since its formation in 2007,” Johnson said in a press release. “Now is the right time to pass the torch and in making this decision I have every confidence in Mike (Cinnamond) to lead our next stage of growth.”Article contentCinnamond, who first join B2Gold in 2013, has been in his current role since April 2014. His new appointments will take effect on June 4.Article contentThe company said Cinnamond’s experience in strategy, corporate development, capital allocation and financial management of projects and operations around the world “will ensure a smooth transition and make him the ideal leader to guide the implementation of the Company’s strategic plan going forward.”Article contentArticle contentB2Gold also announced changes to its senior management team and board.Article contentRead More Vancouver's B2Gold to buy Sabina with eye on Nunavut deposits Revenge of the junior miners: TSX Venture hot list reveals major rebound Article contentCurrent vice-president of investor relations, corporate development and treasury, Michael McDonald, will succeed Cinnamond as chief financial officer.Article contentKelvin Dushnisky, who was the chair of the board, has been appointed as executive chair. Greg Barnes, who is currently the chair of B2Gold’s compensation committee and a member of its audit committee, has been appointed lead independent director. Both appointments were effective Feb. 23.Article contentIn a note to clients, CIBC Capital Markets analyst Anita Soni raised her target price for B2Gold to $7.50 from $6.50 and maintained a neutral rating following the company’s fourth quarter results and 2026 guidance.Article content• Email: dpaglinawan@postmedia.comArticle contentTrending Posthaste: Canadian dollar is facing a big risk that markets seem to be overlooking News Here's why mortgage renewals may be the banks' biggest rip-off Personal Finance Posthaste: Forget tariffs, here's how Trump is really making money off Canada News New cross-border U.S. pipeline proposal could revive idle Keystone XL assets: analysts Oil & Gas Garry Marr: Mexico chaos shows it's time to start thinking of your vacation as an investment and hedge your bets Personal Finance Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Posthaste: Canadian dollar is facing a big risk that markets seem to be overlooking News Here's why mortgage renewals may be the banks' biggest rip-off Personal Finance Posthaste: Forget tariffs, here's how Trump is really making money off Canada News New cross-border U.S. pipeline proposal could revive idle Keystone XL assets: analysts Oil & Gas Garry Marr: Mexico chaos shows it's time to start thinking of your vacation as an investment and hedge your bets Personal Finance