Rare Element Resources CEO Randall Scott's 2022 pay jumps 32% to $1.1M
Rare Element Resources reports 2022 executive compensation
By ExecPay News
Published: July 10, 2023
Rare Element Resources reported fiscal year 2022 executive compensation information on July 10, 2023.
In 2022, three executives at Rare Element Resources received on average a compensation package of $572K, a 34% decrease compared to previous year.
Randall J. Scott, Chief Executive Officer, received $1.1M in total, which increased by 32% compared to 2021. 60% of Scott's compensation, or $682K, was in option awards. Scott also received $201K in salary and $255K in other compensation.
Wayne E. Rich, Chief Financial Officer, received a compensation package of $357K. 46% of the compensation package, or $165K, was in salary.
Brent D. Berg, Chief Executive Officer, earned $219K in 2022.