About

Ammar Al-Joundi is President & Chief Executive Officer of Agnico Eagle, a position he has held since February 23, 2022, and has served as a director since 2022. He was previously President from April 6, 2015 and Senior Vice-President & Chief Financial Officer of Agnico Eagle from September 2010 to June 2012. Before returning to Agnico Eagle in 2015 he held senior roles at Barrick, including Chief Financial Officer from July 2012 to February 2015 and Senior Executive Vice-President, and spent 11 years at Barrick in various senior financial roles prior to 2010. Earlier he was Vice-President, Structured Finance at Citibank Canada. He is a graduate of Western University (MBA, Honours) and the University of Toronto (BASc, Mechanical Engineering).

Roles

Agnico Eagle Mines Limited
President & Chief Executive Officer; Director · Current role
2022–present
Agnico Eagle Mines
President · President from April 6, 2015 until appointment as President & CEO on February 23, 2022.
2015 - 2022
Agnico Eagle Mines
SVP & Chief Financial Officer · Senior Vice-President & CFO.
2010 - 2012
Barrick
Chief Financial Officer / Senior Executive Vice-President · CFO July 2012 - February 2015; also EVP/SEVP.
2012 - 2015
Citibank Canada
Vice-President, Structured Finance · Role prior to entering the mining industry.

External Roles

Canadian Imperial Bank of Commerce
Director (Risk Management Committee)

Fixed Compensation

FY 2025
Salary
$1,001,560
ComponentAnnual base salary
CurrencyUSD (paid in CAD)
Total compensation
$17,641,079
NotePaid in CAD; reported in USD (Bank of Canada 2025 avg C$1.00 = US$0.7154)

Performance Compensation

Data from FY 2025

Cash incentive

Annual incentive (STIP)
$2,203,933
FormNon-Equity Incentive Plan Compensation

Stock awards

Share awards - RSUs
$5,554,709
FormRSU grant fair value
Share awards - PSUs
$8,332,063
FormPSU grant fair value
Share awards - ISPP match
$50,078
FormIncentive Share Purchase Plan

Also at Agnico Eagle Mines Limited

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