Hecla Mining Management

Management criteria checks 4/4

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 $16.18M. 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 percentage18.9%
CEO tenure22.5yrs
CEO ownership0.6%
Management average tenure3.3yrs
Board average tenure8.2yrs

Recent management updates

Recent updates

What Hecla Mining Company's (NYSE:HL) 41% Share Price Gain Is Not Telling You

Mar 30
What Hecla Mining Company's (NYSE:HL) 41% Share Price Gain Is Not Telling You

An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 49% Undervalued

Mar 29
An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 49% Undervalued

Hecla Mining: Silver Exposure At A Reasonable Price

Mar 25

Some Confidence Is Lacking In Hecla Mining Company's (NYSE:HL) P/S

Feb 14
Some Confidence Is Lacking In Hecla Mining Company's (NYSE:HL) P/S

Hecla Mining: A Better Year On Deck

Jan 29

Hecla Mining's (NYSE:HL) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jan 24
Hecla Mining's (NYSE:HL) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Hecla Mining: A Highly Leveraged Silver Miner.

Jan 07

These 4 Measures Indicate That Hecla Mining (NYSE:HL) Is Using Debt Extensively

Dec 14
These 4 Measures Indicate That Hecla Mining (NYSE:HL) Is Using Debt Extensively

Hecla Mining: Slow Ramp Up At Keno, But A Better Year Ahead

Dec 08

Pinning Down Hecla Mining Company's (NYSE:HL) P/S Is Difficult Right Now

Nov 01
Pinning Down Hecla Mining Company's (NYSE:HL) P/S Is Difficult Right Now

Hecla Mining: Lucky Friday Disruption Weighs On Q3 Output

Oct 23

Hecla Mining: Dealing With Lucky Friday's Setback

Oct 16

Capital Allocation Trends At Hecla Mining (NYSE:HL) Aren't Ideal

Oct 11
Capital Allocation Trends At Hecla Mining (NYSE:HL) Aren't Ideal

Hecla Mining: A Disappointing Setback

Sep 19

Hecla Mining: Keno Hill Will Be A Major Contributor In 2024

Aug 31

Hecla Mining: Limited Margin Of Safety At Current Levels

Aug 08

Hecla Mining: An Elite Silver Miner To Own In Bull Markets

Jul 05

Hecla Mining: Alexco Deal Pushes Silver Reserves To Record High

Jun 26

Does Hecla Mining (NYSE:HL) Have A Healthy Balance Sheet?

Jun 21
Does Hecla Mining (NYSE:HL) Have A Healthy Balance Sheet?

Hecla Mining: Keno Hill Is About To Produce Soon

May 30

There Are Reasons To Feel Uneasy About Hecla Mining's (NYSE:HL) Returns On Capital

May 11
There Are Reasons To Feel Uneasy About Hecla Mining's (NYSE:HL) Returns On Capital

An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 23% Undervalued

Mar 02
An Intrinsic Calculation For Hecla Mining Company (NYSE:HL) Suggests It's 23% Undervalued

Hecla Mining to acquire ATAC resources in C$31M transaction

Feb 21

Hecla Mining GAAP EPS of -$0.01 in-line, revenue of $194.83M misses by $5.23M

Feb 15

Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden

Jan 24
Here's Why Hecla Mining (NYSE:HL) Has A Meaningful Debt Burden

Hecla Mining: A Good Start In 2023

Jan 20

Hecla Mining: Limited Margin Of Safety At Current Levels

Jan 06

Hecla Mining: A Good Reversal Since October

Dec 07

Hecla Mining Q3 2022 Earnings Preview

Nov 08

Hecla Mining: Another Solid Quarter In Q3

Oct 26

Hecla Mining: A Timely Addition With Alexco Resource

Sep 07

Hecla Mining: Inflationary Pressures Offset Solid Operational Performance

Aug 18

Hecla Mining (NYSE:HL) Has Affirmed Its Dividend Of $0.0063

Aug 10
Hecla Mining (NYSE:HL) Has Affirmed Its Dividend Of $0.0063

Hecla Mining Q2 2022 Earnings Preview

Aug 03

Are Hecla Mining Company (NYSE:HL) Investors Paying Above The Intrinsic Value?

Jul 20
Are Hecla Mining Company (NYSE:HL) Investors Paying Above The Intrinsic Value?

Hecla: A Smart Move In The Lower Portion Of The Cycle

Jul 10

Is Hecla Mining (NYSE:HL) A Risky Investment?

Jun 08
Is Hecla Mining (NYSE:HL) A Risky Investment?

Hecla Mining: Valuation Improving After The Drop

May 12

Hecla Mining: Higher Metals Prices Picking Up Q1 Production Slack

Apr 12

Hecla Mining Company (NYSE:HL) Shares Could Be 31% Above Their Intrinsic Value Estimate

Apr 01
Hecla Mining Company (NYSE:HL) Shares Could Be 31% Above Their Intrinsic Value Estimate

CEO Compensation Analysis

How has Phillips Baker's remuneration changed compared to Hecla Mining's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023US$4mUS$784k

-US$85m

Sep 30 2023n/an/a

-US$46m

Jun 30 2023n/an/a

-US$47m

Mar 31 2023n/an/a

-US$45m

Dec 31 2022US$5mUS$723k

-US$38m

Sep 30 2022n/an/a

-US$22m

Jun 30 2022n/an/a

US$974k

Mar 31 2022n/an/a

US$17m

Dec 31 2021US$4mUS$665k

US$35m

Sep 30 2021n/an/a

US$26m

Jun 30 2021n/an/a

US$42m

Mar 31 2021n/an/a

US$29m

Dec 31 2020US$5mUS$635k

-US$10m

Sep 30 2020n/an/a

-US$21m

Jun 30 2020n/an/a

-US$56m

Mar 31 2020n/an/a

-US$92m

Dec 31 2019US$5mUS$635k

-US$95m

Sep 30 2019n/an/a

-US$116m

Jun 30 2019n/an/a

-US$119m

Mar 31 2019n/an/a

-US$61m

Dec 31 2018US$4mUS$635k

-US$27m

Sep 30 2018n/an/a

-US$32m

Jun 30 2018n/an/a

-US$9m

Mar 31 2018n/an/a

-US$48m

Dec 31 2017US$5mUS$619k

-US$29m

Compensation vs Market: Phillips's total compensation ($USD4.14M) is below average for companies of similar size in the US market ($USD6.66M).

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

NamePositionTenureCompensationOwnership
Phillips Baker
President22.5yrsUS$4.14m0.55%
$ 16.2m
Russell Lawlar
Senior VP & CFO3.2yrsUS$1.22m0.022%
$ 642.9k
Michael Clary
Senior VP & Chief Administrative Officer2.8yrsUS$2.46m0.021%
$ 607.8k
David Sienko
VP & General Counsel14.3yrsUS$934.35k0.13%
$ 3.7m
Robert Brown
Vice President of Corporate Development & Sustainability8.3yrsUS$1.07m0.063%
$ 1.9m
Carlos Aguiar
Vice President of Operationsless than a yearno data0.0058%
$ 169.9k
Anvita Patil
VP of Investor Relations and Treasurer of Hecla Limited2.1yrsno datano data
Kurt Allen
Vice President of Exploration4.6yrsno data0.017%
$ 483.9k
Christophe McLean
VP & CFO of Hecla Canada Ltd.3.1yrsno datano data
Michael White
Corporate Secretaryno datano datano data
Stuart Absolom
Vice President of Controller3.3yrsno datano 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

NamePositionTenureCompensationOwnership
Phillips Baker
President22.5yrsUS$4.14m0.55%
$ 16.2m
George Johnson
Independent Director8.2yrsUS$273.58k0.040%
$ 1.2m
Charles Stanley
Independent Director17yrsUS$268.58k0.043%
$ 1.3m
Catherine Boggs
Independent Chairman7.3yrsUS$328.58k0.041%
$ 1.2m
Alice Wong
Independent Director3.3yrsUS$268.58k0.012%
$ 352.3k
Mark Board
Independent Directorless than a yearno data0.0027%
$ 80.4k
Stephen Ralbovsky
Independent Director8.2yrsUS$268.58k0.037%
$ 1.1m

8.2yrs

Average Tenure

68yo

Average Age

Experienced Board: HL's board of directors are considered experienced (8.2 years average tenure).


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