Lourenco Goncalves
2015
In 2015, Lourenco Goncalves earned a total compensation of $11.1M as Chairman, President & CEO at Cliffs Natural Resources, a 17% increase compared to previous year.
Compensation breakdown
| Change in Pension Value and Nonqualified Deferred Compensation Earnings | $133,502 |
|---|---|
| Non-Equity Incentive Plan | $2,073,600 |
| Option Awards | $1,440,947 |
| Salary | $1,200,000 |
| Stock Awards | $6,177,499 |
| Other | $88,260 |
| Total | $11,113,808 |
Goncalves received $6.2M in stock awards, accounting for 56% of the total pay in 2015.
Goncalves also received $133.5K of change in pension value and nonqualified deferred compensation earnings, $2.1M in non-equity incentive plan, $1.4M in option awards, $1.2M in salary and $88.3K in other compensation.
Rankings
In 2015, Lourenco Goncalves' compensation ranked 417th out of 13,638 executives tracked by ExecPay. In other words, Goncalves earned more than 96.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 417 out of 13,638 | 97th |
Division Mining | 14 out of 612 | 98th |
Major group Metal Mining | 2 out of 96 | 98th |
Source: SEC filing on March 15, 2017.
Goncalves' colleagues
We found six more compensation records of executives who worked with Lourenco Goncalves at Cliffs Natural Resources in 2015.
2015
David Webb
Cliffs Natural Resources
Former EVP, Global Coal
2015
P Tompkins
Cliffs Natural Resources
Chief Financial Officer
2015
Clifford Smith
Cliffs Natural Resources
EVP, Business Development
2015
Terry Fedor
Cliffs Natural Resources
EVP, United States Iron Ore
2015
Maurice Harapiak
Cliffs Natural Resources
EVP, Human Resources
2015
Terrance Paradie
Cliffs Natural Resources