Hecla Mining Executive Compensation (FY25)
HL · Executive and director compensation, fiscal 2023 to 2025
The Hecla Mining brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 20, 2026Latest filing (8-K): May 22, 2026
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
196 figures on this page: 178 cited to the filing that reported them, 18 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Rob Krcmarov: $226,420 → $5,453,167
CEO pay ratio: 60:1 → 14:1 (76.7% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Hecla Mining's chief executive and what were they paid?
Total compensation for Rob Krcmarov, President and CEO, came to $5,453,167 in fiscal 2025. Krcmarov's total moved up from the $226,420 reported for fiscal 2024.
What was Hecla Mining's say-on-pay result?
The say-on-pay proposal drew 95.5% of votes cast for or against in favor at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Hecla Mining's peer group?
The disclosed peer group names Alamos Gold Inc., B2Gold Corporation, Centerra Gold Inc., Coeur Mining Inc. and Eldorado Gold Corporation, among others.
What is Hecla Mining's chief executive pay ratio?
The company reported a chief executive pay ratio of 14:1 for fiscal 2025, against median employee compensation of $117,782.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Clary Former Senior Vice President – Chief Administrative Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Russell Lawlar Sr. Vice President – Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
David Sienko Sr. Vice President – General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Michael Clary Former Senior Vice President – Chief Administrative Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Russell Lawlar Sr. Vice President – Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
David Sienko Sr. Vice President – General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Rob Krcmarov President and CEO | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rob Krcmarov President and CEO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Clary Former Senior Vice President – Chief Administrative Officer Departed during or after this year | ◇ | — | ◇ | — | — | ◇ | ◇ | ◇ |
Carlos Aguiar Sr. Vice President – Chief Operating Officer | ◇ | ◇ | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Russell Lawlar Sr. Vice President – Chief Financial Officer | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
David Sienko Sr. Vice President – General Counsel and Secretary | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Rob Krcmarov | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rob Krcmarov | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Rob Krcmarov | RSU | ◇ | — | — | ◇ | — | — | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Carlos Aguiar | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Russell Lawlar | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| David Sienko | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Rob Krcmarov | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| Michael Clary | RSU | ◇ | = | — | — |
| RSU | ◇ | = | — | — | |
| RSU | ◇ | = | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | = | — | — | |
| RSU | ◇ | = | — | — | |
| RSU | ◇ | = | — | — | |
| RSU | ◇ | = | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Catherine J. Boggs | ◇ | ◇ | — | — | — | — | ◇ |
Alice Wong | ◇ | ◇ | — | — | — | — | ◇ |
Stephen F. Ralbovsky | ◇ | ◇ | — | — | — | — | ◇ |
Charles B. Stanley Board chair · Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Mark P. Board | ◇ | ◇ | — | — | — | — | ◇ |
Jill Satre | ◇ | ◇ | — | — | — | — | ◇ |
Dean R. Gehring | ◇ | ◇ | — | — | — | — | ◇ |
George R. Johnson | ◇ | — | — | — | — | ◇ | ◇ |
Rob Krcmarov served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Equity is delivered as Stock.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Alamos Gold Inc. symbol not shown
- B2Gold Corporation symbol not shown
- Centerra Gold Inc. symbol not shown
- Coeur Mining Inc. CDE
- Eldorado Gold Corporation symbol not shown
- Equinox Gold Corp. symbol not shown
- First Majestic Silver Corp. symbol not shown
- Fortuna Silver Mines Inc. symbol not shown
- Fresnillo PLC symbol not shown
- Hochschild Mining plc symbol not shown
- IAMGOLD Corporation IAG
- New Gold Inc. symbol not shown
- Oceana Gold Corp. symbol not shown
- Pan American Silver Corporation symbol not shown
- Royal Gold, Inc. RGLD
- SSR Mining Inc. SSRM
- Torex Gold Resources Inc. symbol not shown
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 21, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 17, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 23, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 19, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 21, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | May 23, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 24, 2018 | = | ◇ | ◇ | ◇ |
| 2016 | May 25, 2017 | = | ◇ | ◇ | ◇ |
| 2015 | May 19, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
What this page does not include
Everything above is a fact Hecla Mining disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Hecla Mining sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
196 figures on this page: 178 cited to the filing that reported them, 18 calculated from figures it prints.
178 cited to the filing
18 calculated from the filing
Documents cited
- 0001437749-26-018228Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-26-151210CEO Pay Ratio · Grants of Plan-Based Awards for 2025 · Independent Director Compensation for 2025 · Outstanding Equity Awards at Calendar Year-End for 2025 · and 1 more section
- 0001437749-25-018167Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-24-143901Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001193125-23-155573Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-22-013769Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-21-012922Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-20-011695Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-19-010899Item 5.07 – Submission of Matters to a Vote of Security Holders
- 0001193125-18-176870Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-17-010448Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-16-032534Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Hecla Mining executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/HL (accessed 2026).
Short form: data: Velarion
The Hecla Mining brief, $1,500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Hecla Mining discloses
The companies named in HL's own disclosed peer group.
Terms on this page
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}