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B2Gold (NYSE: BTG) details CEO retirement, new leadership and governance moves

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6-K

Rhea-AI Filing Summary

B2Gold Corp. is implementing a planned leadership transition. Founder Clive Johnson will retire as President, CEO and Director at the Annual General Meeting on June 4, 2026, after leading the Company from a junior explorer to an international gold producer with four operating mines producing about one million ounces of gold per year.

The Board has appointed current Senior Vice President, Finance and Chief Financial Officer, Mike Cinnamond, to become President and CEO and join the Board on June 4, 2026, while Mr. Johnson will be named Chair Emeritus. Kelvin Dushnisky becomes Executive Chair and Greg Barnes Lead Independent Director effective February 23, 2026. Michael McDonald will succeed Mr. Cinnamond as Chief Financial Officer on June 4, 2026.

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Insights

B2Gold outlines a structured CEO succession with internal promotion and broader board changes.

B2Gold has announced a detailed succession plan where founder Clive Johnson retires as President, CEO and Director at the June 4, 2026 AGM. Long-time CFO Mike Cinnamond, with tenure since 2013, will become President, CEO and a Director, signaling continuity in strategy and operations.

The plan also elevates governance roles. Kelvin Dushnisky moves to Executive Chair and Greg Barnes becomes Lead Independent Director from February 23, 2026, while Michael McDonald is set to assume the CFO role on June 4, 2026. This staged approach may help preserve institutional knowledge while clarifying leadership responsibilities.

For investors, the key factors will be how Cinnamond and the revamped leadership team execute on the existing strategic plan and maintain B2Gold’s production profile of approximately one million ounces of gold per year, as described, with future filings likely providing operational and financial updates under the new structure.

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026

Commission File Number: 001-35936

B2Gold Corp.
(Translation of registrant's name into English)

British Columbia, Canada
(Jurisdiction of incorporation or organization)

Suite 3400, Park Place
666 Burrard Street
Vancouver, British Columbia V6C 2X8

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [   ]      Form 40-F [ X ]


DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K

See the Exhibit Index hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 B2Gold Corp.
   
  
Date: February 23, 2026 By: /s/ Randall Chatwin                     
  Name: Randall Chatwin
  Title: Senior Vice President, Legal and Corporate Communications
  


EXHIBIT INDEX

 

Exhibit Number Description
  
99.1 Press Release dated February 23, 2026

EXHIBIT 99.1

B2Gold Announces Leadership Transition

VANCOUVER, British Columbia, Feb. 23, 2026 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) today announced that as part of the Company’s leadership succession planning, Mr. Clive Johnson has decided to retire from his role as President, Chief Executive Officer (“CEO”) and Director of the Company at the Annual General Meeting of the Company scheduled to be held on June 4, 2026. The Board of Directors has named Mike Cinnamond, Senior Vice President, Finance and Chief Financial Officer of B2Gold, to succeed Mr. Johnson as President and CEO. Mr. Cinnamond will also replace Mr. Johnson on the Board of Directors.

Mr. Johnson has served as President and CEO of B2Gold since the Company’s founding in 2007. Over that 19-year period, Mr. Johnson led the successful transition and growth of B2Gold from a junior exploration company to a responsible international gold producer, with four operating mines producing approximately one million ounces of gold per year, along with several development and exploration projects around the world. In recognition and appreciation of his unique and important role as a founder and his invaluable contributions to the Company, Mr. Johnson will be named Chair Emeritus of B2Gold. This will ensure Mr. Johnson’s continued connection with the Company and his availability to the Board and senior management alike.

Mr. Johnson, B2Gold’s President and CEO, commented, “It has been a great privilege to have led B2Gold since its formation in 2007. Since then, we have grown the business through timely and well-executed acquisitions to make the Company what it is today, a leading gold producer with multiple operating mines and development projects located around the world. I am especially proud of the fact that our values and our reputation as an efficient and transparent operator have enabled us to recruit and retain some of the best people in the mining industry. In addition, I am proud of the contributions to the communities in which we operate around the world, which hopefully leave them in a better place than when we arrived. Now is the right time to pass the torch and in making this decision I have every confidence in Mike to lead our next stage of growth. I am proud of my contributions to B2Gold and look forward to watching it create long-term sustainable value for our shareholders in the years ahead.”

Mr. Cinnamond’s appointments take effect on June 4, 2026. Mr. Cinnamond joined the Company in 2013 and has served as its Senior Vice President, Finance and Chief Financial Officer since April 2014. As part of its succession planning process, the Board determined that Mr. Cinnamond’s deep knowledge of the Company and his 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.

Mr. Cinnamond said, “I am honored to have the opportunity to lead B2Gold. The Company has great assets and great people and is well positioned for the future. I look forward to working with Clive during the transition period, as well as our Chair of the Board, the Board of Directors, the management team, and all our people at B2Gold’s sites around the world to help the Company achieve its full potential.”

Kelvin Dushnisky, Chair of the Board, commented, “Today’s announcement is the result of a thorough and orderly succession process and will ensure continuity of leadership and the successful evolution of the Company. We are confident that as President and CEO, Mike will help B2Gold optimize the Company’s operations and projects, maintain disciplined capital allocation, enhance shareholder value and grow the Company for the benefit of all our stakeholders. Importantly, on behalf of the Board, I would like to sincerely thank Clive for his many years of exceptional service. From founding B2Gold and leading the organization as President and CEO, Clive oversaw the remarkable growth of the Company over the last two decades. B2Gold has become the company it is today largely owing to Clive’s energy, passion and invaluable contributions. His appointment as Chair Emeritus reflects how highly Clive is regarded throughout the organization and among our stakeholders.”

The Company also announced the following appointments and changes to its senior management team and to its Board governance.

Kelvin Dushnisky transitions from his role as Chair of the Board to that of Executive Chair of the Board effective February 23, 2026. Mr. Dushnisky has over 35 years of experience in the mining sector. He previously served as President, Chief Executive Officer and Director of AngloGold Ashanti Ltd. Prior to that, Mr. Dushnisky had a long career with Barrick Gold Corp., ultimately as its President and a member of its Board of Directors. Among other industry associations, he is a past Chair of the World Gold Council and a member representative on the International Council on Mining and Metals. Mr. Dushnisky will play a key role collaborating with and supporting the CEO and senior management team, along with continuing to provide leadership to the Board of Directors.

Greg Barnes has been appointed Lead Independent Director of the Board effective February 23, 2026. Mr. Barnes has more than 35 years of experience in the global mining industry, including as the Managing Director and Head of Mining Equity Research at TD Securities Inc. Mr. Barnes is currently the Chair of B2Gold’s Compensation Committee and a member of the Audit Committee.

Michael McDonald will succeed Mike Cinnamond as Chief Financial Officer of the Company effective June 4, 2026. Currently Vice President, Investor Relations, Corporate Development & Treasury at B2Gold, Mr. McDonald has 20 years of experience in finance, corporate development and capital markets roles at Goldcorp Inc., SSR Mining Inc., and Gold Standard Ventures Corp.

About B2Gold

B2Gold is a responsible international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines, and numerous development and exploration projects in various countries.

ON BEHALF OF B2GOLD CORP.

“Kelvin Dushnisky”
Chair of the Board

For more information on B2Gold please visit the Company website at www.b2gold.com or contact:

Randall Chatwin
SVP, Legal and Corporate Communications
+1 604-681-8371
investor@b2gold.com

Cherry DeGeer
Director, Corporate Communications
+1 604-681-8371
investor@b2gold.com

FAQ

What leadership change did B2Gold Corp. (BTG) announce in this Form 6-K?

B2Gold announced that founder Clive Johnson will retire as President, CEO and Director at the Annual General Meeting on June 4, 2026. Current CFO Mike Cinnamond will become President, CEO and join the Board on the same date as part of planned succession.

Who will succeed Clive Johnson as B2Gold (BTG) President and CEO?

Senior Vice President, Finance and Chief Financial Officer Mike Cinnamond will succeed Clive Johnson as President and CEO on June 4, 2026. He will also join the Board of Directors, bringing experience in strategy, corporate development, capital allocation and financial management across B2Gold’s global operations.

What new board and governance roles were announced by B2Gold Corp. (BTG)?

B2Gold stated that Kelvin Dushnisky becomes Executive Chair of the Board effective February 23, 2026, moving from Chair. Greg Barnes is appointed Lead Independent Director on the same date. These changes aim to support the new CEO and strengthen Board leadership and oversight.

What happens to Clive Johnson after retiring as B2Gold (BTG) CEO?

After retiring as President, CEO and Director at the June 4, 2026 AGM, Clive Johnson will be named Chair Emeritus of B2Gold. This honorary role preserves his connection to the Company and allows ongoing availability to the Board and senior management for guidance.

Who will become B2Gold (BTG) Chief Financial Officer after the transition?

Michael McDonald will become Chief Financial Officer on June 4, 2026, succeeding Mike Cinnamond. McDonald currently serves as Vice President, Investor Relations, Corporate Development & Treasury and has 20 years of finance, corporate development and capital markets experience at several mining companies.

How does B2Gold (BTG) describe its current gold production and operations?

B2Gold describes itself as a responsible international senior gold producer with four operating mines producing approximately one million ounces of gold per year. The Company operates mines in Canada, Mali, Namibia and the Philippines, supported by multiple development and exploration projects globally.

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