First Majestic Silver Management
Management criteria checks 3/4
First Majestic Silver's CEO is Keith Neumeyer, appointed in Sep 1979, has a tenure of 46.75 years. total yearly compensation is $7.43M, comprised of 17% salary and 83% bonuses, including company stock and options. directly owns 0.96% of the company’s shares, worth MX$1.46B. The average tenure of the management team and the board of directors is 2.8 years and 5.1 years respectively.
Key information
Keith Neumeyer
Chief executive officer
US$7.4m
Total compensation
| CEO salary percentage | 16.97% |
| CEO tenure | 46.8yrs |
| CEO ownership | 1.0% |
| Management average tenure | 2.8yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$291m |
| Dec 31 2025 | US$7m | US$1m | US$165m |
| Sep 30 2025 | n/a | n/a | US$68m |
| Jun 30 2025 | n/a | n/a | US$15m |
| Mar 31 2025 | n/a | n/a | -US$86m |
| Dec 31 2024 | US$5m | US$1m | -US$102m |
| Sep 30 2024 | n/a | n/a | -US$78m |
| Jun 30 2024 | n/a | n/a | -US$79m |
| Mar 31 2024 | n/a | n/a | -US$48m |
| Dec 31 2023 | US$5m | US$1m | -US$135m |
| Sep 30 2023 | n/a | n/a | -US$162m |
| Jun 30 2023 | n/a | n/a | -US$156m |
| Mar 31 2023 | n/a | n/a | -US$222m |
| Dec 31 2022 | US$4m | US$1m | -US$114m |
| Sep 30 2022 | n/a | n/a | -US$101m |
| Jun 30 2022 | n/a | n/a | -US$99m |
| Mar 31 2022 | n/a | n/a | US$507k |
| Dec 31 2021 | US$6m | US$1m | -US$5m |
| Sep 30 2021 | n/a | n/a | US$34m |
| Jun 30 2021 | n/a | n/a | US$83m |
| Mar 31 2021 | n/a | n/a | US$57m |
| Dec 31 2020 | US$3m | US$950k | US$23m |
| Sep 30 2020 | n/a | n/a | -US$51m |
| Jun 30 2020 | n/a | n/a | -US$74m |
| Mar 31 2020 | n/a | n/a | -US$76m |
| Dec 31 2019 | US$4m | US$950k | -US$40m |
Compensation vs Market: Keith's total compensation ($USD7.43M) is above average for companies of similar size in the MX market ($USD1.73M).
Compensation vs Earnings: Keith's compensation has been consistent with company performance over the past year.
CEO
Keith Neumeyer (66 yo)
Mr. Keith N. Neumeyer has been the Chief Executive Officer of First Majestic Resources Corp. since November 3, 2001 and served as its President from November 3, 2001 to December 31, 2025. Mr. Neumeyer foun...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 46.8yrs | US$7.43m | 0.96% MX$ 1.5b | |
| President & Chief Corporate Development Officer | 2.8yrs | US$1.19m | 0.012% MX$ 18.3m | |
| Chief Financial Officer | 4.3yrs | US$2.28m | 0.0074% MX$ 11.3m | |
| Advisor | less than a year | US$2.76m | 0.044% MX$ 66.7m | |
| Vice-President of Metallurgy & Innovation | no data | US$1.41m | 0.010% MX$ 15.8m | |
| Chief Operating Officer | less than a year | no data | no data | |
| Vice President of Exploration & Technical Services | no data | no data | 0.0016% MX$ 2.4m | |
| Investor Relations Officer | no data | no data | no data | |
| General Counsel & Corporate Secretary | 2.9yrs | no data | 0.0025% MX$ 3.9m | |
| Vice President of Corporate Communications & Marketing | 21.7yrs | no data | 0.025% MX$ 38.1m | |
| Vice President of Human Resources | no data | no data | no data | |
| Managing Director of Jerritt Canyon Gold | less than a year | no data | no data |
Experienced Management: AG1 N's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 27.5yrs | US$7.43m | 0.96% MX$ 1.5b | |
| Independent Chairman | 5.3yrs | US$364.86k | 0.0010% MX$ 1.6m | |
| Director | 4.1yrs | US$203.89k | 0.020% MX$ 31.1m | |
| Independent Director | 4.9yrs | US$243.24k | 0.0020% MX$ 3.0m | |
| Independent Director | 9.3yrs | US$232.51k | 0.0028% MX$ 4.3m | |
| Independent Director | 1.1yrs | US$81.60k | 0.00025% MX$ 381.1k |
Experienced Board: AG1 N's board of directors are considered experienced (5.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/22 17:57 |
| End of Day Share Price | 2026/06/17 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Majestic Silver Corp. is covered by 18 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Richard Gray | ATB Cormark |
| Richard Gray | ATB Cormark Historical (Cormark Securities) |
| Kevin O'Halloran | BMO Capital Markets Equity Research |