Golden Minerals Company CEO Jeffrey Clevenger's 2009 pay rises 20% to $2M

Golden Minerals Company reports 2009 executive compensation

By ExecPay News

Published: April 28, 2010

Golden Minerals Company reported fiscal year 2009 executive compensation information on April 28, 2010.
In 2009, seven executives at Golden Minerals Company received on average a compensation package of $654K, a 11% decrease compared to previous year.
Average pay of disclosed executives at Golden Minerals Company
Jeffrey G. Clevenger, Chief Executive Officer, received $2M in total, which increased by 20% compared to 2008. 52% of Clevenger's compensation, or $1M, was in stock awards. Clevenger also received $120K in bonus, $400K in non-equity incentive plan, $445K in salary, as well as $8.7K in other compensation.
Robert P. Vogels, Chief Financial Officer, received a compensation package of $636K, which increased by 47% compared to previous year. 38% of the compensation package, or $240K, was in salary.
Jerry W. Danni, Executive Vice President, earned $620K in 2009, a 1% increase compared to previous year.
Robert B. Blakestad, Senior Vice President, Exploration and Chief Geologist, received $618K in 2009, which increases by 50% compared to 2008.
Deborah J. Friedman, General Counsel, earned $435K in 2009, a 29% decrease compared to previous year.
Gerald J. Malys, Chief Financial Officer, received $142K in 2009, which decreases by 81% compared to 2008.
Terry L. Owen, Senior Vice President, earned $117K in 2009, a 81% decrease compared to previous year.

Related executives

Jeffrey Clevenger

Golden Minerals Company

Chief Executive Officer

Jerry Danni

Golden Minerals Company

Executive Vice President

Robert Vogels

Golden Minerals Company

Chief Financial Officer

Robert Blakestad

Golden Minerals Company

Senior Vice President, Exploration and Chief Geologist

Deborah Friedman

Golden Minerals Company

General Counsel

Gerald Malys

Golden Minerals Company

Chief Financial Officer

Terry Owen

Golden Minerals Company

Senior Vice President

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Source: SEC filing on April 28, 2010.