Royal Gold Management
Management criteria checks 3/4
Royal Gold's CEO is Bill Heissenbuttel, appointed in Jan 2020, has a tenure of 4.25 years. total yearly compensation is $4.28M, comprised of 20.2% salary and 79.8% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth €11.92M. The average tenure of the management team and the board of directors is 3.3 years and 8.7 years respectively.
Key information
Bill Heissenbuttel
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 20.2% |
| CEO tenure | 4.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.3yrs |
| Board average tenure | 8.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$4m | US$865k | US$239m |
| Sep 30 2023 | n/a | n/a | US$233m |
| Jun 30 2023 | n/a | n/a | US$229m |
| Mar 31 2023 | n/a | n/a | US$237m |
| Dec 31 2022 | US$3m | US$777k | US$239m |
| Sep 30 2022 | n/a | n/a | US$251m |
| Jun 30 2022 | n/a | n/a | US$275m |
| Mar 31 2022 | n/a | n/a | US$286m |
| Dec 31 2021 | n/a | n/a | US$274m |
| Sep 30 2021 | n/a | n/a | US$266m |
| Jun 30 2021 | US$3m | US$670k | US$303m |
| Mar 31 2021 | n/a | n/a | US$270m |
| Dec 31 2020 | n/a | n/a | US$254m |
| Sep 30 2020 | n/a | n/a | US$236m |
| Jun 30 2020 | US$2m | US$583k | US$199m |
| Mar 31 2020 | n/a | n/a | US$177m |
| Dec 31 2019 | n/a | n/a | US$167m |
| Sep 30 2019 | n/a | n/a | US$149m |
| Jun 30 2019 | US$2m | US$502k | US$94m |
| Mar 31 2019 | n/a | n/a | US$94m |
| Dec 31 2018 | n/a | n/a | -US$88m |
| Sep 30 2018 | n/a | n/a | -US$127m |
| Jun 30 2018 | US$2m | US$485k | -US$113m |
| Mar 31 2018 | n/a | n/a | -US$120m |
| Dec 31 2017 | n/a | n/a | US$58m |
| Sep 30 2017 | n/a | n/a | US$100m |
| Jun 30 2017 | US$2m | US$470k | US$102m |
Compensation vs Market: Bill's total compensation ($USD4.28M) is about average for companies of similar size in the German market ($USD3.35M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
CEO
Bill Heissenbuttel (58 yo)
4.3yrs
Tenure
US$4,282,057
Compensation
Mr. William H. Heissenbuttel, also known as Bill, has been President, Chief Executive Officer and Director of Royal Gold, Inc. since January 02, 2020. Mr. Heissenbuttel was the Chief Financial Officer and...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$4.28m | 0.16% $ 11.9m | |
| Senior VP | 5.8yrs | US$1.78m | 0.030% $ 2.2m | |
| Senior Vice President of Operations | 2.3yrs | US$1.34m | 0.010% $ 769.8k | |
| Senior VP & General Counsel | 4.3yrs | US$1.66m | 0.018% $ 1.4m | |
| Senior Vice President of Corporate Development - RGLD Gold AG | less than a year | US$1.69m | 0.0098% $ 725.2k | |
| VP, Corporate Secretary & CCO | less than a year | no data | 0.0037% $ 272.4k | |
| Senior Vice President of Business Development & Strategy | no data | no data | no data |
3.3yrs
Average Tenure
49yo
Average Age
Experienced Management: RG3's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.3yrs | US$4.28m | 0.16% $ 11.9m | |
| Independent Director | 8.7yrs | US$258.44k | 0.017% $ 1.3m | |
| Independent Director | 7.3yrs | US$244.44k | 0.0023% $ 169.2k | |
| Independent Chairman of the Board | 16.3yrs | US$349.94k | 0.017% $ 1.3m | |
| Independent Director | 11yrs | US$244.44k | 0.015% $ 1.1m | |
| Independent Director | 10.1yrs | US$230.44k | 0.016% $ 1.2m | |
| Independent Director | 3.4yrs | US$233.44k | no data |
8.7yrs
Average Tenure
66yo
Average Age
Experienced Board: RG3's board of directors are considered experienced (8.7 years average tenure).