Coeur Mining Management

Management criteria checks 3/4

Coeur Mining's CEO is Mitch Krebs, appointed in Jul 2011, has a tenure of 12.75 years. total yearly compensation is $4.11M, comprised of 20.7% salary and 79.3% bonuses, including company stock and options. directly owns 0.57% of the company’s shares, worth $9.91M. The average tenure of the management team and the board of directors is 6.2 years and 11 years respectively.

Key information

Mitch Krebs

Chief executive officer

US$4.1m

Total compensation

CEO salary percentage	20.7%
CEO tenure	12.8yrs
CEO ownership	0.6%
Management average tenure	6.2yrs
Board average tenure	11yrs

Recent management updates

Recent updates

Coeur Mining: Limited Margin Of Safety At Current Levels

Apr 12

Getting In Cheap On Coeur Mining, Inc. (NYSE:CDE) Is Unlikely

Feb 05

Coeur Mining: Turning Free Cash Flow Positive, With Strong Gold/Silver Price Leverage

Jan 29

Coeur Mining Non-GAAP EPS of -$0.16 misses by $0.10, revenue of $183M misses by $17.91M

Nov 09

Estimating The Intrinsic Value Of Coeur Mining, Inc. (NYSE:CDE)

Oct 24

Unloved And Misunderstood Gold/Silver Leverage: Buy Coeur Mining

Oct 21

Coeur Mining (NYSE:CDE) Seems To Be Using A Lot Of Debt

Sep 01

Coeur Mining: Nearing The Finish Line At Rochester

Aug 18

Coeur Mining: A Disappointing Quarterly Performance

Jun 13

Here's Why Coeur Mining (NYSE:CDE) Is Weighed Down By Its Debt Load

May 26

Coeur Mining: Satisfactory Reserve Replacement In FY2021

Apr 04

Coeur Mining (NYSE:CDE) Has A Somewhat Strained Balance Sheet

Feb 22

Coeur Mining: Potential Equity Raise Dampens Outlook

Feb 18

CEO Compensation Analysis

How has Mitch Krebs's remuneration changed compared to Coeur Mining's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$4m	US$850k	-US$104m
Sep 30 2023	n/a	n/a	-US$29m
Jun 30 2023	n/a	n/a	-US$65m
Mar 31 2023	n/a	n/a	-US$110m
Dec 31 2022	US$4m	US$800k	-US$78m
Sep 30 2022	n/a	n/a	-US$138m
Jun 30 2022	n/a	n/a	-US$135m
Mar 31 2022	n/a	n/a	-US$26m
Dec 31 2021	US$4m	US$750k	-US$31m
Sep 30 2021	n/a	n/a	-US$9m
Jun 30 2021	n/a	n/a	US$73m
Mar 31 2021	n/a	n/a	US$40m
Dec 31 2020	US$4m	US$725k	US$26m
Sep 30 2020	n/a	n/a	-US$257m
Jun 30 2020	n/a	n/a	-US$298m
Mar 31 2020	n/a	n/a	-US$334m
Dec 31 2019	US$3m	US$675k	-US$347m
Sep 30 2019	n/a	n/a	-US$75m
Jun 30 2019	n/a	n/a	-US$114m
Mar 31 2019	n/a	n/a	-US$75m
Dec 31 2018	US$3m	US$675k	-US$49m
Sep 30 2018	n/a	n/a	-US$35m
Jun 30 2018	n/a	n/a	US$6m
Mar 31 2018	n/a	n/a	-US$7m
Dec 31 2017	US$4m	US$675k	US$11m

Compensation vs Market: Mitch's total compensation ($USD4.11M) is about average for companies of similar size in the US market ($USD5.42M).

Compensation vs Earnings: Mitch's compensation has increased whilst the company is unprofitable.

CEO

Mitch Krebs (51 yo)

12.8yrs

Tenure

US$4,108,972

Compensation

Mr. Mitchell J. Krebs, also known as Mitch, has been the Chief Executive Officer and President of Coeur Mining, Inc. since July 12, 2011. Mr. Krebs served as the Chief Financial Officer of Coeur Mining, In...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mitchell Krebs	President	12.8yrs	US$4.11m	0.57% $ 9.9m
Thomas Whelan	Senior VP & CFO	5.3yrs	US$1.87m	0.16% $ 2.8m
Michael Routledge	Senior VP & COO	3.8yrs	US$2.07m	0.12% $ 2.1m
Casey Nault	Senior VP	12yrs	US$1.71m	0.18% $ 3.1m
Emilie Schouten	Senior VP of Human Resources & Chief Human Resources Officer	7.9yrs	US$1.24m	0.10% $ 1.8m
Kenneth Watkinson	VP, Corporate Controller & Chief Accounting Officer	7.1yrs	no data	0.046% $ 807.2k
Jeffrey Wilhoit	Director of Investor Relations	no data	no data	no data
Aoife McGrath	Senior Vice President of Exploration	2.3yrs	no data	0.052% $ 905.9k
Anne Beckelheimer	Vice President of Tax & Treasurer	4.3yrs	no data	no data

6.2yrs

Average Tenure

51yo

Average Age

Experienced Management: CDE's management team is seasoned and experienced (6.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mitchell Krebs	President	12.8yrs	US$4.11m	0.57% $ 9.9m
Robert Mellor	Independent Non-Executive Chairman	26.3yrs	US$339.51k	0.069% $ 1.2m
James Thompson	Independent Director	22.3yrs	US$195.08k	0.067% $ 1.2m
Eduardo Arellano	Independent Director	6.2yrs	US$174.51k	0.026% $ 445.0k
Robert Krcmarov	Independent Director	less than a year	no data	0.0091% $ 159.2k
Jeane Hull	Independent Director	1.8yrs	US$196.99k	0.0029% $ 50.2k
Linda Adamany	Independent Director	11.1yrs	US$199.51k	0.055% $ 953.6k
Sebastian Edwards	Independent Director	17.3yrs	US$174.51k	0.031% $ 537.9k
Randolph Gress	Independent Director	10.9yrs	US$196.99k	0.067% $ 1.2m
Paramita Das	Independent Director	less than a year	no data	0.015% $ 252.7k

11.0yrs

Average Tenure

68.5yo

Average Age

Experienced Board: CDE's board of directors are seasoned and experienced ( 11 years average tenure).

Coeur Mining Management

Management criteria checks 3/4

Key information

Recent management updates

Coeur Mining, Inc., Annual General Meeting, May 14, 2024

Coeur Mining, Inc. Appoints Rob Krcmarov to the Board of Directors

Sebastian Edwards of Coeur Mining, Inc. Does Not Stand for Re-Election as Board of Directors

Independent Director recently bought US$59k worth of stock

Insufficient new directors

Coeur Mining, Inc. Appoints Jeane Hull to its Board of Directors and Audit, Compensation and Leadership Development and Environmental, Health, Safety and Corporate Responsibility Committees

Recent updates

Coeur Mining: Limited Margin Of Safety At Current Levels

Coeur Mining, Inc. to Report Q1, 2024 Results on May 01, 2024

Price target increased by 8.3% to US$4.06

Coeur Mining, Inc., Annual General Meeting, May 14, 2024

Coeur Mining, Inc. announced that it has received CAD 33.99941 million in funding

Coeur Mining, Inc. announced that it expects to receive CAD 33.99941 million in funding

Coeur Mining, Inc. announced that it expects to receive CAD 33.99941 million in funding

Price target decreased by 12% to US$3.71

Full year 2023 earnings released: US$0.30 loss per share (vs US$0.28 loss in FY 2022)

Coeur Mining, Inc. Provides Production Guidance for the Full Year 2024

Getting In Cheap On Coeur Mining, Inc. (NYSE:CDE) Is Unlikely

Coeur Mining, Inc. Provides Update on Expansion-Related Activities Taking Place At Its Rochester Silver and Gold Operation in Nevada

Coeur Mining: Turning Free Cash Flow Positive, With Strong Gold/Silver Price Leverage

New minor risk - Share price stability

Price target increased by 7.1% to US$4.22

Coeur Mining, Inc. Provides Update on Exploration At High-Grade Silvertip Polymetallic Exploration Project in Northern British Columbia

Coeur Mining, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Coeur Mining, Inc. Appoints Rob Krcmarov to the Board of Directors

Sebastian Edwards of Coeur Mining, Inc. Does Not Stand for Re-Election as Board of Directors

Coeur Mining: Continued Share Dilution Overshadows POA 11 Completion

Price target decreased by 11% to US$3.81

Coeur Mining, Inc. Revises Production Guidance for the Year 2023

Coeur Mining (NYSE:CDE) Use Of Debt Could Be Considered Risky

Third quarter 2023 earnings released: US$0.06 loss per share (vs US$0.21 loss in 3Q 2022)

Coeur Mining, Inc. to Report Q3, 2023 Results on Nov 08, 2023

Coeur Mining: A Light At The End Of The Tunnel

Coeur Mining, Inc. Announces Positive Exploration Results at Kensington; Large-Scale Drilling Program Ramps Up at Silvertip

Coeur Mining: Rochester Expansion Near Completion But Costs On The Rise

Price target decreased by 9.8% to US$4.25

Coeur Mining Q2: Kensington Disappoints While POA 11 Costs Revised Higher

New minor risk - Financial position

Second quarter 2023 earnings released: US$0.10 loss per share (vs US$0.28 loss in 2Q 2022)

Coeur Mining, Inc. Revises Production Guidance for the Year 2023

Is Coeur Mining (NYSE:CDE) Using Too Much Debt?

Coeur Mining, Inc. to Report Q2, 2023 Results on Aug 09, 2023

Coeur Mining, Inc. announced that it has received $19 million in funding

Coeur Mining, Inc. Provides Silvertip Exploration Update

Coeur Mining: Continued Declines In Reserves Per Share

Price target increased by 9.2% to US$4.75

First quarter 2023 earnings released: US$0.08 loss per share (vs US$0.029 profit in 1Q 2022)

Coeur Mining, Inc. Provides Production Guidance for the Year 2023

Price target increased by 8.3% to US$4.56

Coeur Mining (NYSE:CDE) Is Making Moderate Use Of Debt

Consensus EPS estimates fall from profit to US$0.23 loss

Independent Director recently bought US$59k worth of stock

Full year 2022 earnings: EPS exceeds analyst expectations

Now 22% undervalued after recent price drop

Coeur Mining: A Mid-Tier Gold/Silver Producer

Coeur Mining: The Buy Argument Becoming Clearer

Coeur Mining, Inc. to Report Q4, 2022 Results on Feb 22, 2023

Coeur Mining: Waiting Patiently For Rochester Completion

Consensus EPS estimates fall by 89%

Insufficient new directors

Third quarter 2022 earnings: Revenues miss analyst expectations

Coeur Mining, Inc. Provides Production Guidance for the Fiscal Year 2022

Coeur Mining Non-GAAP EPS of -$0.16 misses by $0.10, revenue of $183M misses by $17.91M

AngloGold Ashanti (U.S.A.) Holdings Inc. completed the acquisition of Coeur Sterling, Inc. from Coeur Mining, Inc. (NYSE : CDE).

Estimating The Intrinsic Value Of Coeur Mining, Inc. (NYSE:CDE)

Unloved And Misunderstood Gold/Silver Leverage: Buy Coeur Mining

Coeur Mining, Inc. to Report Q3, 2022 Results on Nov 09, 2022

AngloGold Ashanti (U.S.A.) Holdings Inc entered into an definitive agreement to acquire Coeur Sterling, Inc. from Coeur Mining, Inc. (NYSE : CDE) for $150 million.

Coeur Mining (NYSE:CDE) Seems To Be Using A Lot Of Debt

Coeur Mining: Nearing The Finish Line At Rochester

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Coeur Mining, Inc. Re-Affirmes Production Guidance for the Year 2022

Price target decreased to US$4.82

Coeur Mining, Inc. Appoints Jeane Hull to its Board of Directors and Audit, Compensation and Leadership Development and Environmental, Health, Safety and Corporate Responsibility Committees

Coeur Mining, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Cormark Securities Inc. entered into an agreement to acquire 7.81% stake in Victoria Gold Corp. (TSX:VGCX) from Coeur Mining, Inc. (NYSE:CDE) for CAD 54.5 million.