Newmont Mining CEO Gary Goldberg's 2018 pay slips 18% to $11M
Newmont Mining reports 2018 executive compensation
By ExecPay News
Published: April 16, 2019
Newmont Mining reported fiscal year 2018 executive compensation information on April 16, 2019.
In 2018, six executives at Newmont Mining received on average a compensation package of $5M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Newmont Mining
Gary Goldberg, Chief Executive Officer, received $11M in total, which decreased by 18% compared to 2017. 67% of Goldberg's compensation, or $7.7M, was in stock awards. Goldberg also received $655K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $1.3M in salary, as well as $28K in other compensation.
For fiscal year 2018, the median employee pay was $122,229 at Newmont Mining. Therefore, the ratio of Gary Goldberg's pay to the median employee pay was 93 to one.
Thomas Palmer, Chief Operating Officer, received a compensation package of $5M, which decreased by 15% compared to previous year. 58% of the compensation package, or $2.9M, was in stock awards.
Nancy Buese, Chief Financial Officer, earned $4.4M in 2018, a 9% decrease compared to previous year.
Randy Engel, Executive Vice President, Strategic Development, received $3.5M in 2018, which decreases by 33% compared to 2017.
Scott Lawson, Executive Vice Presidentand Chief Technical Officer , earned $2.9M in 2018.
Stephen Gottesfeld, Executive Vice President, Chief Sustainability and External Affairs Officer, received $2.7M in 2018, which decreases by 27% compared to 2017.
Related executives
Gary Goldberg
Newmont Mining
Chief Executive Officer
Nancy Buese
Newmont Mining
Chief Financial Officer
Randy Engel
Newmont Mining
Executive Vice President, Strategic Development
Scott Lawson
Newmont Mining
Executive Vice Presidentand Chief Technical Officer
Thomas Palmer
Newmont Mining
Chief Executive Officer
Stephen Gottesfeld
Newmont Mining
Executive Vice President, Chief Sustainability and External Affairs Officer
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Source: SEC filing on April 16, 2019.