Hecla Mining Management
Management criteria checks 3/4
Hecla Mining's CEO is Phillips Baker, appointed in Nov 2001, has a tenure of 22.5 years. total yearly compensation is $4.14M, comprised of 18.9% salary and 81.1% bonuses, including company stock and options. directly owns 0.55% of the company’s shares, worth ARS16.14B. The average tenure of the management team and the board of directors is 3.3 years and 8.2 years respectively.
Key information
Phillips Baker
Chief executive officer
US$4.1m
Total compensation
| CEO salary percentage | 18.9% |
| CEO tenure | 22.5yrs |
| CEO ownership | 0.6% |
| Management average tenure | 3.3yrs |
| Board average tenure | 8.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$87m |
| Dec 31 2023 | US$4m | US$784k | -US$85m |
| Sep 30 2023 | n/a | n/a | -US$46m |
| Jun 30 2023 | n/a | n/a | -US$47m |
| Mar 31 2023 | n/a | n/a | -US$45m |
| Dec 31 2022 | US$5m | US$723k | -US$38m |
| Sep 30 2022 | n/a | n/a | -US$22m |
| Jun 30 2022 | n/a | n/a | US$974k |
| Mar 31 2022 | n/a | n/a | US$17m |
| Dec 31 2021 | US$4m | US$665k | US$35m |
| Sep 30 2021 | n/a | n/a | US$26m |
| Jun 30 2021 | n/a | n/a | US$42m |
| Mar 31 2021 | n/a | n/a | US$29m |
| Dec 31 2020 | US$5m | US$635k | -US$10m |
| Sep 30 2020 | n/a | n/a | -US$21m |
| Jun 30 2020 | n/a | n/a | -US$56m |
| Mar 31 2020 | n/a | n/a | -US$92m |
| Dec 31 2019 | US$5m | US$635k | -US$95m |
| Sep 30 2019 | n/a | n/a | -US$116m |
| Jun 30 2019 | n/a | n/a | -US$119m |
| Mar 31 2019 | n/a | n/a | -US$61m |
| Dec 31 2018 | US$4m | US$635k | -US$27m |
| Sep 30 2018 | n/a | n/a | -US$32m |
| Jun 30 2018 | n/a | n/a | -US$9m |
| Mar 31 2018 | n/a | n/a | -US$48m |
| Dec 31 2017 | US$5m | US$619k | -US$29m |
Compensation vs Market: Phillips's total compensation ($USD4.14M) is above average for companies of similar size in the AR market ($USD1.51M).
Compensation vs Earnings: Phillips's compensation has been consistent with company performance over the past year.
CEO
Phillips Baker (63 yo)
22.5yrs
Tenure
US$4,142,554
Compensation
Mr. Phillips S. Baker, Jr., has been the Chief Executive Officer of Hecla Mining Company since May 9, 2003 and its President and Director since November 1, 2001. Mr. Baker served as the Chief Financial Off...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 22.5yrs | US$4.14m | 0.55% $ 16.1b | |
| Senior VP & CFO | 3.2yrs | US$1.22m | 0.022% $ 641.4m | |
| Senior VP & Chief Administrative Officer | 2.8yrs | US$2.46m | 0.021% $ 606.4m | |
| VP & General Counsel | 14.3yrs | US$934.35k | 0.13% $ 3.7b | |
| Vice President of Corporate Development & Sustainability | 8.3yrs | US$1.07m | 0.063% $ 1.9b | |
| Vice President of Operations | less than a year | no data | 0.0058% $ 169.5m | |
| VP of Investor Relations and Treasurer of Hecla Limited | 2.1yrs | no data | no data | |
| Vice President of Exploration | 4.6yrs | no data | 0.017% $ 482.7m | |
| VP & CFO of Hecla Canada Ltd. | 3.1yrs | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| Vice President of Controller | 3.3yrs | no data | no data |
3.3yrs
Average Tenure
54.5yo
Average Age
Experienced Management: HL's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 22.5yrs | US$4.14m | 0.55% $ 16.1b | |
| Independent Director | 8.2yrs | US$273.58k | 0.040% $ 1.2b | |
| Independent Director | 17yrs | US$268.58k | 0.043% $ 1.2b | |
| Independent Chairman | 7.3yrs | US$328.58k | 0.041% $ 1.2b | |
| Independent Director | 3.3yrs | US$268.58k | 0.012% $ 351.5m | |
| Independent Director | less than a year | no data | 0.0027% $ 80.2m | |
| Independent Director | 8.2yrs | US$268.58k | 0.037% $ 1.1b |
8.2yrs
Average Tenure
68yo
Average Age
Experienced Board: HL's board of directors are considered experienced (8.2 years average tenure).