Lourenco Goncalves
2016
In 2016, Lourenco Goncalves earned a total compensation of $9.5M as Chairman, President & CEO at Cliffs Natural Resources, a 14% decrease compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $314,528 |
|---|---|
| Non-Equity Incentive Plan | $5,520,000 |
| Salary | $1,200,000 |
| Stock Awards | $2,184,134 |
| Other | $317,819 |
| Total | $9,536,481 |
Goncalves received $5.5M in non-equity incentive plan, accounting for 58% of the total pay in 2016.
Goncalves also received $314.5K of change in pension value and nonqualified deferred compensation earnings, $1.2M in salary, $2.2M in stock awards and $317.8K in other compensation.
Rankings
In 2016, Lourenco Goncalves' compensation ranked 561st out of 14,075 executives tracked by ExecPay. In other words, Goncalves earned more than 96.0% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 561 out of 14,075 | 96th |
Division Mining | 22 out of 597 | 96th |
Major group Metal Mining | 2 out of 77 | 97th |
Source: SEC filing on March 15, 2017.
Goncalves' colleagues
We found four more compensation records of executives who worked with Lourenco Goncalves at Cliffs Natural Resources in 2016.