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.
Average pay of disclosed executives at Rare Element Resources
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.

Related executives

Brent Berg

Rare Element Resources

Chief Executive Officer

Randall Scott

Rare Element Resources

Chief Executive Officer

Wayne Rich

Rare Element Resources

Chief Financial Officer

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Source: SEC filing on July 10, 2023.