Coeur Mining CEO Mitchell Krebs' 2021 pay slips 9% to $3.7M
Coeur Mining reports 2021 executive compensation
By ExecPay News
Published: March 30, 2022
Coeur Mining reported fiscal year 2021 executive compensation information on March 30, 2022.
In 2021, five executives at Coeur Mining received on average a compensation package of $1.9M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Coeur Mining
Mitchell J. Krebs, Chief Executive Officer, received $3.7M in total, which decreased by 9% compared to 2020. 63% of Krebs' compensation, or $2.3M, was in stock awards. Krebs also received $450K in non-equity incentive plan, $750K in salary, as well as $157K in other compensation.
For fiscal year 2021, the median employee pay was $57,626 at Coeur Mining. Therefore, the ratio of Mitchell J. Krebs' pay to the median employee pay was 64 to one.
Michael Routledge, Chief Operating Officer, received a compensation package of $1.6M, which increased by 6% compared to previous year. 55% of the compensation package, or $880K, was in stock awards.
Casey M. Nault, General Counsel, earned $1.6M in 2021, a 9% decrease compared to previous year.
Thomas S. Whelan, Chief Financial Officer, received $1.5M in 2021, which decreases by 10% compared to 2020.
Hans J. Rasmussen, Senior Vice President, Exploration, earned $1.3M in 2021, a 2% decrease compared to previous year.
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Source: SEC filing on March 30, 2022.