Hecla Mining CEO Phillips Baker's 2019 pay jumps 38% to $5.1M
Hecla Mining reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
Hecla Mining reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, seven executives at Hecla Mining received on average a compensation package of $1.6M, a 6% decrease compared to previous year.
Average pay of disclosed executives at Hecla Mining
Phillips S. Baker, Jr, Chief Executive Officer, received $5.1M in total, which increased by 38% compared to 2018. 48% of Baker's compensation, or $2.5M, was of change in pension value and nonqualified deferred compensation earnings. Baker also received $1.6M in non-equity incentive plan, $635K in salary, $400K in stock awards, as well as $19K in other compensation.
For fiscal year 2019, the median employee pay was $125,810 at Hecla Mining. Therefore, the ratio of Phillips S. Baker, Jr's pay to the median employee pay was 40 to one.
Lindsay A. Hall, Chief Financial Officer, received a compensation package of $1.6M, which decreased by 3% compared to previous year. 45% of the compensation package, or $724K, was in non-equity incentive plan.
David C. Sienko, General Counsel, earned $1.2M in 2019, a 10% increase compared to previous year.
Lawrence P. Radford, Former Senior Vice President Chief Technical Officer, received $1M in 2019, which decreases by 48% compared to 2018.
Robert D. Brown, Vice President – Corporate Development, earned $963K in 2019, a 12% decrease compared to previous year.
Dean W.A. McDonald, Former Senior Vice President Exploration, received $936K in 2019, which decreases by 30% compared to 2018.
Lauren M. Roberts, Chief Operating Officer, earned $639K in 2019.
Related executives
Phillips Baker
Hecla Mining
Chief Executive Officer
Lindsay Hall
Hecla Mining
Chief Financial Officer
Lauren Roberts
Hecla Mining
Chief Operating Officer
Robert Brown
Hecla Mining
Vice President - Corporate Develop. & Sustainability
David Sienko
Hecla Mining
General Counsel
Lawrence Radford
Hecla Mining
Former Senior Vice President Chief Technical Officer
Dean McDonald
Hecla Mining
Former Senior Vice President Exploration
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Source: SEC filing on April 9, 2020.