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Companies Vista Gold

Vista Gold (VGZ): executive pay, fiscal 2025

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CEO total pay$624,190CEO Frederick Earnest · source
Say-on-pay support91.73%Latest vote · source
CEO vs. named peers1st pct.Of 22 peer CEOs

CEO pay, last three years

  • $566,190FY2023
  • $582,013FY2024
  • $624,190FY2025

CEO total pay was $624,190 in fiscal 2025, up from $582,013 in fiscal 2024.

FY2025: salary $370,000 · bonus $87,000 · stock awards $153,190 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Vista Gold in fiscal 2025?
As disclosed, Frederick Earnest (President and Chief Executive Officer) was the highest-paid executive at Vista Gold in fiscal 2025, with total compensation of $624,190.
How does Vista Gold's chief executive pay compare to its disclosed peer group?
As disclosed, Frederick Earnest's total compensation ranked at the 1st percentile of Vista Gold's disclosed peer group.
How did shareholders vote on Vista Gold's executive compensation?
As disclosed, 91.73% of shareholders supported Vista Gold's executive compensation in the latest say-on-pay vote.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Frederick Earnest$370,000$87,000$153,190$0$0$0$14,000$624,190
President and Chief Executive Officer
Douglas Tobler268,80845,00078,96000014,000406,768
Chief Financial Officer
Pamela Solly200,00021,60042,95000011,337275,887
Vice President Investor Relations

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Frederick Earnest$624,190$582,013$566,190↑ +42,177
Douglas Tobler406,768403,710393,863↑ +3,058
Pamela Solly275,887249,905239,574↑ +25,982

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

No outstanding equity awards are on file for this fiscal year.

Director compensation

No director compensation table is on file for fiscal year 2025.

Board fee structure and ownership guideline

Annual cash retainer$24,000
Annual equity retainer$35,360
Per board meeting fee$400
Committee chair fees (audit / comp / nom-gov)7,000 / 4,000 / 3,000
Stock ownership guidelineThe Corporation believes it is reasonable that Mr. Tobler will be in compliance with the Equity Ownership Policy prior to five years from the date of adoption of the policy.
Peer group, and who names Vista Gold as a peer

Companies that benchmark against VGZ

No companies currently name VGZ as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Revival Gold Corp. Belo Sun Mining Corp. Mayfair Gold Spanish Mountain Gold Ltd. STLLR Gold Inc. Ausgold Limited Newcore GoldRGLD Probe Gold Inc. Goldshore Resources Inc. TriStar Gold Inc. Thesis Gold G Mining VenturesPPTA Perpetua Resources Rox Resources Limited Ascot Resources Ltd Wallbridge Mining Company West Vault Mining New Found Gold Corp. Rupert Resources Ltd. Liberty Gold Corp. Black Cat Syndicate Limited Integra Resources

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Probe Gold Inc.2025William Heissenbuttel$918,000$2,759,437$0$1,400,000$5,230,084
2Perpetua Resources2025Jonathan Cherry458,750797,07301,188,0002,463,823
3Vista Gold2025Frederick Earnest370,000153,19000624,190

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Vista Goldnot disclosedRSU 100not disclosedHugessen Consulting Inc.
Perpetua Resourcesnot disclosednot disclosednot disclosednot disclosed
Probe Gold Inc.138.6%RSU 50 · PSU 50Yes — TSR Relative to Certain Enumerated Precious Metals CompaniesWTW

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-04-2937,744,5463,400,732424,58291.73%Passed
20242024-04-3037,193,8773,099,369599,05592.31%Passed
20232023-04-2737,533,3052,446,3042,450,46093.88%Passed
20222022-04-2840,083,6062,967,955807,35893.11%Passed
20212021-04-2926,444,502726,788698,85697.33%Passed
20202020-04-3025,668,9291,553,042793,93894.29%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20252025-04-2991.73%a
20242024-04-3092.31%b
20232023-04-2793.88%c

a. Approved under the standard stated in the filing — “Accordingly, the - 8 - ​ ​ unallocated LTIP Awards under the LTIP must be approved by a majority of the Corporation's directors and a majority of the votes cast by Shareholders who vote at the Meeting or by proxy at the Meeting on such resolution.”.

b. Approved under the standard stated in the filing — “Accordingly, the unallocated Options under the Stock Option Plan must be approved by a majority of the Corporation's directors and a majority of the votes cast by Shareholders who vote at the Meeting or by proxy at the Meeting on such resolution.”.

c. Voting standard not stated in the filing.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (10 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Frederick Earnest. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 624,190. View filing ↗
  • Section 01, Douglas Tobler. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 406,768. View filing ↗
  • Section 01, Pamela Solly. DEF 14A, filed 2026-03-17. Section “Executive Compensation”. As printed: 275,887. View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-04-29. Item 5.07 · say-on-pay result. As reported: 91.73% (votes for as printed: 37,744,546). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-02. Item 5.07 · say-on-pay result. As reported: 92.31% (votes for as printed: 37,193,877). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-04-28. Item 5.07 · say-on-pay result. As reported: 93.88% (votes for as printed: 37,533,305). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Probe Gold Inc., Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in Probe Gold Inc.'s own proxy. As printed: 5,230,084. View filing ↗
  • Perpetua Resources, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Perpetua Resources's own proxy. As printed: 2,463,823. View filing ↗
  • Vista Gold (subject), Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Vista Gold's own proxy. As printed: 624,190. View filing ↗
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