Skip to content
Subscriber Only

Gold Investors Target Executives With Less Skin in the Game

  • Group wants to align interests of gold managers, shareholders
  • Council of 16 big gold investors was sparked by Paulson & Co.
Gold Production At Precious Metals Producer Oegussa GmbH
Photographer: Lisi Niesner/Bloomberg
Updated on

A coalition of gold investors, including firms backed by billionaires John Paulson and Naguib Sawiris, is taking aim at mining executives who don’t have enough skin in the game.

Businesses tend to perform better when top managers have a high ownership-to-pay ratio, according to the inaugural report of the newly launched Shareholders’ Gold Council, which tracked 17 gold companies.