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MP Materials Executive Compensation (FY25)

MP · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
James Litinsky
Latest say-on-pay support
=
June 9, 2026
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Data as of October 22, 2026Latest filing (8-K): June 10, 2026
8 filings cited on this page
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241 figures on this page: 236 cited to the filing that reported them, 5 calculated from figures it prints. See the citations

More on MP Materials

Five data products on this company. Each one is requested through the developer setup page.
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 — James Litinsky: $6,044,484 → $28,010,723

Frequently asked questions

Answers drawn from the data on this page.
Who is MP Materials' chief executive and what were they paid?
James Litinsky, Chairman of the Board and Chief Executive Officer, received $28,010,723 in total compensation for fiscal 2025. Litinsky's total was up from the $6,044,484 reported for fiscal 2024.
What was MP Materials' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 77.3% of votes cast for or against in favor at the meeting held June 9, 2026.
Which companies are in MP Materials' peer group?
The disclosed peer group names Alcoa Corporation, Alpha Metallurgical Resources, Inc., Ashland Inc., Axalta Coating Systems Ltd. and Cabot Corporation, among others. The 2026 peer group (supplemental) names Albemarle Corporation, ATI Inc., BWX Technologies, Inc., Carpenter Technology Corporation and Celanese Corporation, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ryan Corbett
Chief Financial Officer
◇—◇—◇—◇◇
Elliot Hoops
General Counsel and Secretary
◇—◇—◇—◇◇
James Litinsky
Chairman of the Board and Chief Executive Officer
◇———◇——◇
Michael Rosenthal
Chief Operating Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Litinsky
Chairman of the Board and Chief Executive Officer
◇—◇—◇——◇
Michael Rosenthal
Chief Operating Officer
◇—◇—◇—◇◇
Ryan Corbett
Chief Financial Officer
◇—◇—◇—◇◇
Elliot Hoops
General Counsel and Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Litinsky
Chairman of the Board and Chief Executive Officer
◇—◇—◇—◇◇
Michael Rosenthal
Chief Operating Officer
◇—◇—◇—◇◇
Ryan Corbett
Chief Financial Officer
◇—◇—◇—◇◇
Elliot Hoops
General Counsel and Secretary
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Litinsky
Chairman of the Board and Chief Executive Officer
◇—◇—◇—◇◇
Michael Rosenthal
Chief Operating Officer
◇—◇—◇—◇◇
Ryan Corbett
Chief Financial Officer
◇—◇—◇—◇◇
Elliot Hoops
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Elliot D. HoopsRSU◇——◇——◇
Elliot D. HoopsPSU◇—◇—◇—◇
Elliot D. HoopsPSU◇◇◇—◇—◇
James H. LitinskyRSU◇——◇——◇
James H. LitinskyPSU◇◇◇—◇—◇
James H. LitinskyPSU◇—◇—◇—◇
Michael RosenthalPSU◇◇◇—◇—◇
Michael RosenthalRSU◇——◇——◇
Michael RosenthalPSU◇—◇—◇—◇
Ryan CorbettPSU◇◇◇—◇—◇
Ryan CorbettRSU◇——◇——◇
Ryan CorbettPSU◇—◇—◇—◇
Fiscal 2023, 2024 are included in the PDF.
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
James LitinskyPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Michael RosenthalPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Ryan CorbettPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Elliot HoopsPSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Elliot Hoops
General Counsel and Secretary · Employment agreement
Severance multiple◇
Change-in-control multiple◇
James Litinsky
Chairman of the Board and Chief Executive Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Michael Rosenthal
Chief Operating Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Ryan Corbett
Chief Financial Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Randall J. Weisenburger
◇◇————◇
Connie K. Duckworth
◇◇————◇
Andrew A. McKnight
◇◇————◇
Maryanne R. Lavan
◇◇————◇
Arnold W. Donald
◇◇————◇
General (Retired) Richard B. Myers
◇◇————◇
James H. Litinsky 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.
Earlier years are included in the PDF.
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◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alcoa Corporation AA
  • Alpha Metallurgical Resources, Inc. AMR
  • Ashland Inc. ASH
  • Axalta Coating Systems Ltd. AXTA
  • Cabot Corporation CBT
  • Commercial Metals Company CMC
  • Compass Minerals International, Inc. CMP
  • Element Solutions Inc. ESI
  • Hecla Mining Company HL
  • Materion Corporation MTRN
  • Olin Corporation OLN
  • Quaker Chemical Corporation KWR
  • The Chemours Company CC
  • The Mosaic Company, Inc. MOS
2026 peer group (supplemental)
  • Albemarle Corporation ALB
  • ATI Inc. ATI
  • BWX Technologies, Inc. BWXT
  • Carpenter Technology Corporation CRS
  • Celanese Corporation CE
  • CF Industries Holdings, Inc. CF
  • Dover Corporation DOV
  • Eastman Chemical Company EMN
  • Hexcel Corporation HXL
  • ITT Inc. ITT
  • RBC Bearings Incorporated RBC
  • RPM International Inc. RPM
Additional disclosed peer group
  • Years Ended December 31, symbol not shown

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 9, 2026=◇◇◇
2024June 10, 2025=◇◇◇
2023June 11, 2024=◇◇◇
2022June 13, 2023=◇◇◇
2021June 14, 2022=◇◇◇

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Sample answer — “What is the CEO’s total compensation?”
- James Litinsky (Chairman of the Board and Chief Executive Officer), FY2025 total compensation $28,010,723 (base salary $1,000,000) [exec_comp, SEC accession 0001801368-26-000020, filed 2026-04-24]

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What this page does not include

Everything above is a fact MP Materials disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where MP Materials 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 — $1,500
Written 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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable 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 Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
241 figures on this page: 236 cited to the filing that reported them, 5 calculated from figures it prints.
236 cited to the filing
5 calculated from the filing

Documents cited

  1. 0001801368-26-000035
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001801368-26-000020
    Compensation Tables · Director Compensation · Potential Payments Upon Termination
  3. 0001801368-25-000021
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001801368-25-000010
    Compensation Tables
  5. 0001801368-24-000057
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001801368-24-000037
    Compensation Tables
  7. 0001801368-23-000023
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001801368-22-000021
    Item 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, “MP Materials executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MP (accessed 2026).
Short form: data: Velarion

The paid brief for MP Materials

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
8 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 MP Materials discloses

The companies named in MP's own disclosed peer group.

Alcoa CorporationAlpha Metallurgical Resources, Inc.Ashland Inc.Axalta Coating Systems Ltd.Cabot CorporationCommercial Metals CompanyCompass Minerals International, Inc.Element Solutions Inc.Hecla Mining CompanyMaterion CorporationOlin CorporationQuaker Chemical CorporationThe Chemours CompanyThe Mosaic Company, Inc.Albemarle CorporationATI Inc.BWX Technologies, Inc.Carpenter Technology CorporationCelanese CorporationCF Industries Holdings, Inc.Dover CorporationEastman Chemical CompanyHexcel CorporationITT Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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}
}
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