Hecla Mining CEO Phillips Baker's 2018 pay falls 26% to $3.7M
Hecla Mining reports 2018 executive compensation
By ExecPay News
Published: April 9, 2020
Hecla Mining reported fiscal year 2018 executive compensation information on April 9, 2020.
In 2018, seven executives at Hecla Mining received on average a compensation package of $1.7M, a 16% decrease compared to previous year.
Average pay of disclosed executives at Hecla Mining
Phillips S. Baker, Jr, Chief Executive Officer, received $3.7M in total, which decreased by 26% compared to 2017. 50% of Baker's compensation, or $1.8M, was in non-equity incentive plan. Baker also received $317K of change in pension value and nonqualified deferred compensation earnings, $635K in salary, $871K in stock awards, as well as $19K in other compensation.
For fiscal year 2018, the median employee pay was $94,737 at Hecla Mining. Therefore, the ratio of Phillips S. Baker, Jr's pay to the median employee pay was 39 to one.
Lawrence P. Radford, Chief Operating Officer, received a compensation package of $2M, which decreased by 7% compared to previous year. 44% of the compensation package, or $883K, was in non-equity incentive plan.
Lindsay A. Hall, Chief Financial Officer, earned $1.7M in 2018, which is about the same as previous year.
Dean W.A. McDonald, Former Senior Vice President Exploration, received $1.3M in 2018, which decreases by 25% compared to 2017.
Dean W. A. McDonald, Senior Vice President – Exploration, earned $1.3M in 2018, a 25% decrease compared to previous year.
Robert D. Brown, Vice President – Corporate Development, received $1.1M in 2018, which increases by 7% compared to 2017.
David C. Sienko, General Counsel, earned $1.1M in 2018, a 9% decrease compared to previous year.
Related executives
David Sienko
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Dean McDonald
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Former Senior Vice President Exploration
Phillips Baker
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Chief Executive Officer
Lindsay Hall
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Chief Financial Officer
Lawrence Radford
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Former Senior Vice President Chief Technical Officer
Dean McDonald
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Senior Vice President – Exploration
Robert Brown
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Vice President - Corporate Develop. & Sustainability
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Source: SEC filing on April 9, 2020.