Materials & Chemicals
McEwen Executive Compensation (FY25)
MUX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Robert McEwen | Latest say-on-pay support = June 19, 2025 |
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Data as of October 27, 2026Latest filing (DEF 14A): April 24, 2026
7 filings cited on this page
Method: intel.velarion.ai/methodology
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Published by Velarion Company Intelligence
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255 figures on this page: 250 cited to the filing that reported them, 5 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 — Robert McEwen: $4,907 → $776,549
Frequently asked questions
Answers drawn from the data on this page.
Who is McEwen's chief executive and what were they paid?
Robert McEwen was paid $776,549 in total compensation as Chairman and Chief Executive Officer for fiscal 2025. Compared with the $4,907 reported for fiscal 2024, McEwen's total was up.
What was McEwen's say-on-pay result?
The say-on-pay proposal drew 97.3% of votes cast for or against in favor at the meeting held June 19, 2025 for fiscal 2024.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
William Shaver Chief Operating Officer | ◇ | — | — | — | — | — | — | ◇ |
Perry Ing Interim Chief Financial Officer | ◇ | — | — | — | — | — | — | ◇ |
Stefan Spears Vice President – Corporate Development | ◇ | — | — | — | — | — | ◇ | ◇ |
Robert McEwen Chairman and Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
William Shaver Chief Operating Officer | ◇ | ◇ | ◇ | ◇ | — | — | — | ◇ |
Perry Ing Interim Chief Financial Officer | ◇ | ◇ | ◇ | ◇ | — | — | — | ◇ |
Carmen Diges General Counsel and Corporate Secretary | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Stefan Spears Vice President – Corporate Development | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Robert McEwen Chairman and Chief Executive Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Jeff Chan Vice President – Finance | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
William Shaver Chief Operating Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Perry Ing Interim Chief Financial Officer | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Jeff Chan Vice President – Finance | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Stefan Spears Vice President – Corporate Development | ◇ | ◇ | — | — | — | — | ◇ | ◇ |
Robert McEwen Chairman and Chief Executive Officer | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
William Shaver Chief Operating Officer | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Robert McEwen Chairman and Chief Executive Officer | ◇ | — | — | ◇ | — | — | ◇ | ◇ |
Perry Ing Chief Financial Officer | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Carmen Diges General Counsel and Corporate Secretary | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
Jeffrey Chan Vice President – Finance | ◇ | ◇ | — | ◇ | — | — | ◇ | ◇ |
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 |
|---|---|---|---|---|---|---|---|---|
| Carmen Diges | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Carmen Diges | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Carmen Diges | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Carmen Diges | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Carmen Diges | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Jeffrey Chan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jeffrey Chan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jeffrey Chan | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Jeffrey Chan | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Perry Ing | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Perry Ing | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Perry Ing | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Perry Ing | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Perry Ing | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Robert R. McEwen | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| William Shaver | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| William Shaver | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| William Shaver | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| William Shaver | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| William Shaver | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Robert McEwen | Option | ◇ | — | ◇ | August 11, 2030 |
| Option | ◇ | — | ◇ | June 28, 2028 | |
| William Shaver | Option | ◇ | — | ◇ | August 11, 2030 |
| Option | ◇ | — | ◇ | June 28, 2028 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Perry Ing | Option | ◇ | — | ◇ | August 11, 2030 |
| Option | ◇ | — | ◇ | June 28, 2028 | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Carmen Diges | Option | ◇ | — | ◇ | August 11, 2030 |
| Option | ◇ | — | ◇ | June 28, 2028 | |
| RSU | ◇ | = | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Jeffrey Chan | Option | ◇ | — | ◇ | August 11, 2030 |
| Option | ◇ | — | ◇ | June 28, 2028 | |
| 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 |
|---|---|---|---|---|---|---|---|
Richard Brissenden | ◇ | — | ◇ | — | — | — | ◇ |
Ian Ball | ◇ | — | ◇ | — | — | — | ◇ |
William Shaver | ◇ | ◇ | ◇ | — | — | — | ◇ |
Nicolas Darveau-Garneau | ◇ | ◇ | ◇ | — | — | — | ◇ |
Michelle Makori | ◇ | ◇ | ◇ | — | — | — | ◇ |
Robert R. McEwen Board chair | — | — | ◇ | — | — | — | ◇ |
John Florek | — | ◇ | ◇ | — | — | — | ◇ |
Dalia Asterbadi | — | ◇ | ◇ | — | — | — | ◇ |
Michael Melanson | ◇ | — | ◇ | — | — | — | ◇ |
Steve Kaszas | — | ◇ | ◇ | — | — | — | ◇ |
Alfred Colas | ◇ | — | ◇ | — | — | — | ◇ |
Allan Ambrose | ◇ | — | — | — | — | — | ◇ |
Robin Dunbar | ◇ | — | — | — | — | — | ◇ |
Merri Sanchez | ◇ | — | — | — | — | — | ◇ |
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 | ◇ |
Equity is delivered as Options.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2024 | June 19, 2025 | = | ◇ | ◇ | ◇ |
| 2021 | July 7, 2022 | = | ◇ | ◇ | ◇ |
| 2018 | May 23, 2019 | = | ◇ | ◇ | ◇ |
| 2015 | May 31, 2016 | = | ◇ | ◇ | ◇ |
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Robert McEwen (Chairman and Chief Executive Officer), FY2025 total compensation $776,549 (base salary $1) [exec_comp, SEC accession 0001104659-26-048627, filed 2026-04-24]What this page does not include
Everything above is a fact McEwen disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499Realizable 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.
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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.
255 figures on this page: 250 cited to the filing that reported them, 5 calculated from figures it prints.
250 cited to the filing
5 calculated from the filing
Documents cited
- 0001104659-26-048627DIRECTOR COMPENSATION · GRANTS OF PLAN BASED AWARDS
- 0001104659-25-062578Proposal 2 Election results for the proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers are as follows: For Against Abstain Broker Non-Votes
- 0001104659-25-042532
- 0001104659-24-062782Summary Compensation Table
- 0001104659-22-079225Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001104659-19-032418Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001104659-16-125435Item 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, “McEwen executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MUX (accessed 2026).
Short form: data: Velarion
The McEwen 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.
7 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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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}
}