CEO Mitchell Krebs was paid $6,646,601 in fiscal year 2025, ↑ up 51.5% from fiscal year 2024, the 99th percentile of its disclosed peer group (SEC filing 0001140361-26-012491 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$6,646,601 ↑ Mitchell Krebs total, FY2025 | 99th CEO pay percentile vs peers | 83:1 CEO-to-median pay ratio | 98.22% Say-on-pay support, latest vote |
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CDE's next annual pay disclosure, estimated March 31, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Mitchell Krebs | $850,000 | $0 | $4,223,336 | $0 | $1,413,125 | $0 | $160,140 | $6,646,601 |
| Chairman, President & Chief Executive Officer | ||||||||
| Michael Routledge | 525,000 | 0 | 1,778,538 | 0 | 689,850 | 0 | 72,349 | 3,065,737 |
| Executive Vice President & Chief Operating Officer | ||||||||
| Thomas Whelan | 475,000 | 0 | 1,609,149 | 0 | 638,400 | 0 | 88,016 | 2,810,565 |
| Executive Vice President & Chief Financial Officer | ||||||||
| Casey Nault | 425,000 | 0 | 1,439,771 | 0 | 558,450 | 0 | 67,036 | 2,490,257 |
| Executive Vice President, General Counsel & Secretary | ||||||||
| Aoife McGrath | 360,000 | 0 | 1,029,852 | 0 | 341,280 | 0 | 55,448 | 1,786,580 |
| Executive Vice President, Exploration | ||||||||
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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Mitchell Krebs | $6,646,601 | $4,387,806 | $4,108,972 | ↑ +2,258,795 |
| Michael Routledge | 3,065,737 | 2,218,594 | 2,067,984 | ↑ +847,143 |
| Thomas Whelan | 2,810,565 | 2,041,690 | 1,870,042 | ↑ +768,875 |
| Casey Nault | 2,490,257 | 1,788,378 | 1,709,858 | ↑ +701,879 |
| Aoife McGrath | 1,786,580 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Each company listed discloses CDE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CDE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Eduardo Luna | Independent Director | $191,634 |
| J. Kenneth Thompson | Lead Independent Director | $250,864 |
| Jeane L. Hull | Independent Director | $216,634 |
| Linda L. Adamany | Independent Director | $216,634 |
| N. Eric Fier | Independent Director | $168,639 |
| Paramita Das | Independent Director | $191,634 |
| Pierre Beaudoin | Independent Director | $168,639 |
| Randolph E. Gress | Former director (through FY2025) | $134,697 |
| Robert E. Mellor | Independent Director | $206,634 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Aoife McGrath | PSU | 2025-12-31 | — | — | — | — | $16,600,000 |
| Casey Nault | RSU | 2025-12-31 | — | — | — | — | 21,200,000 |
| Thomas Whelan | PSU | 2025-12-31 | — | — | — | — | 16,600,000 |
| Michael Routledge | PSU | 2025-12-31 | — | — | — | — | 16,600,000 |
| Thomas Whelan | RSU | 2025-12-31 | — | — | — | — | 21,200,000 |
| Mitchell Krebs | RSU | 2025-12-31 | — | — | — | — | 21,200,000 |
| Mitchell Krebs | PSU | 2025-12-31 | — | — | — | — | 16,600,000 |
| Casey Nault | PSU | 2025-12-31 | — | — | — | — | 16,600,000 |
| Michael Routledge | RSU | 2025-12-31 | — | — | — | — | 21,200,000 |
| Aoife McGrath | RSU | 2025-12-31 | — | — | — | — | 21,200,000 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Aoife McGrath | $21,200,000 | $16,600,000 | $0 | 43.9% |
| Casey Nault | 21,200,000 | 16,600,000 | 0 | 43.9% |
| Thomas Whelan | 21,200,000 | 16,600,000 | 0 | 43.9% |
| Michael Routledge | 21,200,000 | 16,600,000 | 0 | 43.9% |
| Mitchell Krebs | 21,200,000 | 16,600,000 | 0 | 43.9% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Mitchell Krebs | RSU | 1,232,737 | — | $21,979,701 |
| Michael Routledge | RSU | 559,273 | — | 9,971,838 |
| Mitchell Krebs | RSU | 514,233 | — | 9,168,774 |
| Thomas Whelan | RSU | 496,501 | — | 8,852,613 |
| Casey Nault | RSU | 452,745 | — | 8,072,443 |
| Aoife McGrath | RSU | 298,988 | — | 5,330,956 |
| Michael Routledge | RSU | 230,362 | — | 4,107,354 |
| Thomas Whelan | RSU | 206,310 | — | 3,678,507 |
| Casey Nault | RSU | 186,484 | — | 3,325,010 |
| Aoife McGrath | RSU | 124,840 | — | 2,225,897 |
Coeur's compensation program is designed to achieve pay-for-performance and alignment with stockholder returns by tying a significant portion of CEO and NEO compensation to both short- and long-term Company performance objectives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-12 | 428,071,901 | 7,773,165 | 1,108,941 | 98.22% | Passed |
| 2025 | 2025-05-14 | 376,260,533 | 8,684,262 | 1,170,725 | 97.74% | Passed |
| 2024 | 2024-05-14 | 221,226,932 | 7,633,133 | 736,924 | 96.66% | Passed |
| 2023 | 2023-05-09 | 183,521,344 | 6,347,308 | 436,241 | 96.66% | Passed |
| 2022 | 2022-05-10 | 158,220,827 | 7,380,600 | 2,213,992 | 95.54% | Passed |
| 2021 | 2021-05-11 | 141,213,905 | 6,656,849 | 485,342 | 95.5% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-12 | 98.22%a |
| 2025 | 2025-05-14 | 97.74%b |
| 2024 | 2024-05-14 | 96.66%c |
a. Approved under the standard stated in the filing — “) 3 Approval of an amendment to the Company's Certificate of Incorporation to limit the liability of certain officers as permitted by law Majority of outstanding shares of common stock Same as vote Against Same as vote Against 4 Advisory resolution to approve named executive officer compensation Majority of votes cast for the action None 1 No effect 1 Under Delaware law, abstentions and broker no-non votes are not counted as votes cast.”.
b. Approved under the standard stated in the filing — “Approval of an amendment to the Plan to extend the term of the Plan and increase the number of shares of common stock reserved for issuance under the Plan by 19 million Majority of votes cast for the action None (1) No effect 4 Advisory resolution to approve named executive officer compensation Majority of votes cast for the action None (1) No effect (1) Under Delaware law, abstentions are not counted as votes cast.”.
c. Approved under the standard stated in the filing — “2 Ratification of independent auditors for 2024 Majority of votes cast for the action None (1) N/A (broker non-votes are not expected) 3 Advisory vote to approve named executive officer compensation Majority of votes cast for the action None (1) No effect (1) Under Delaware law, abstentions are not counted as votes cast.”.
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.
| Ratio (CEO : median employee) | 83 : 1 |
|---|---|
| CEO total compensation | $6,646,601 |
| Median employee compensation | $79,655 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| J. Kenneth ThompsonIndependent · Lead Independent Director · Executive · Nominating and Corporate Governance · Compensation and Leadership Development (Chair) | $159,230 | $91,634 | $0 | — | $0 | $250,864 |
| Linda L. AdamanyIndependent · Audit (Chair) · Executive · Nominating and Corporate Governance · Compensation and Leadership Development | 125,000 | 91,634 | 0 | — | 0 | 216,634 |
| Jeane L. HullIndependent | 125,000 | 91,634 | 0 | — | 0 | 216,634 |
| Robert E. MellorIndependent · Executive · Nominating and Corporate Governance · Compensation and Leadership Development | 115,000 | 91,634 | 0 | — | 0 | 206,634 |
| Paramita DasIndependent · Audit · Nominating and Corporate Governance · Environmental, Health, Safety and Corporate Responsibility · ESG/Sustainability | 100,000 | 91,634 | 0 | — | 0 | 191,634 |
| Eduardo LunaIndependent | 100,000 | 91,634 | 0 | — | 0 | 191,634 |
| N. Eric FierIndependent · Audit · Partial-year service | 88,000 | 80,639 | 0 | — | 0 | 168,639 |
| Pierre BeaudoinIndependent · Environmental, Health, Safety and Corporate Responsibility · ESG/Sustainability · Partial-year service | 88,000 | 80,639 | 0 | — | 0 | 168,639 |
| Randolph E. GressIndependent · Departed during FY | 43,063 | 91,634 | 0 | — | 0 | 134,697 |
| Mitchell J. KrebsEmployee director · Board Chair · Executive (Chair) · Partial-year service | — | — | — | — | — | 0 |
| Patrick GodinIndependent · Partial-year service · Newly elected | — | — | — | — | — | — |
| Marilyn SchonbernerIndependent · Audit · Partial-year service · Newly elected | — | — | — | — | — | — |
| Annual cash retainer | $100,000 |
|---|---|
| Annual equity retainer | $110,000 |
| Per board meeting fee | $0 |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 25,000 / 15,000 |
| Stock ownership guideline | $500,000 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $943,293 |
| Equity awards (grant-date value) | $802,716 |
| All other compensation | $0 |
| Total cost of the board | $1,746,009 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Coeur Mining names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Coeur Mining.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Coeur Mining | 2025 | Mitchell Krebs | $850,000 | $4,223,336 | $0 | $1,413,125 | $6,646,601 |
| 2 | Alamos Gold Inc. | 2025 | William Heissenbuttel | 918,000 | 2,759,437 | 0 | 1,400,000 | 5,230,084 |
| — | Canada | — | — | — | — | — | — | not in coverage universe |
| — | Equinox Gold Corp. | — | — | — | — | — | — | not in coverage universe |
| — | Centerra Gold Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Dundee Precious Metals Inc. | — | — | — | — | — | — | not in coverage universe |
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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Coeur Mining | 133% | PSU 60 · RSU 40 | Yes — Three-Year Change in Relative Total Shareholder Return (rTSR) | Meridian |
| Alamos Gold Inc. | 138.6% | RSU 50 · PSU 50 | Yes — TSR Relative to Certain Enumerated Precious Metals Companies | WTW |
| Canada | not disclosed | not disclosed | not disclosed | not disclosed |
| Centerra Gold Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Dundee Precious Metals Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Equinox Gold Corp. | not disclosed | not disclosed | not disclosed | not disclosed |
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.
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.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Mitchell Krebs | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “2025 Summary Compensation Table”. As printed: 6,646,601. Filing ↗machine: r2 · c28 · span 2268574–2268583 |
| 2 | Section 01, Michael Routledge | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “2025 Summary Compensation Table”. As printed: 3,065,737. Filing ↗machine: r8 · c28 · span 2302788–2302797 |
| 3 | Section 01, Thomas Whelan | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “2025 Summary Compensation Table”. As printed: 2,810,565. Filing ↗machine: r5 · c28 · span 2285578–2285587 |
| 4 | Section 01, Casey Nault | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “2025 Summary Compensation Table”. As printed: 2,490,257. Filing ↗machine: r11 · c28 · span 2320165–2320174 |
| 5 | Section 01, Aoife McGrath | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “2025 Summary Compensation Table”. As printed: 1,786,580. Filing ↗machine: r14 · c28 · span 2335922–2335931 |
| 6 | Section 03, Aoife McGrath PSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 7 | Section 03, Casey Nault RSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 8 | Section 03, Thomas Whelan PSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 9 | Section 03, Michael Routledge PSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 10 | Section 03, Thomas Whelan RSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 11 | Section 03, Mitchell Krebs RSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 12 | Section 03, Mitchell Krebs PSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 13 | Section 03, Casey Nault PSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 14 | Section 03, Michael Routledge RSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 15 | Section 03, Aoife McGrath RSU | DEF 14A | — | — | Section “Executive Compensation” · grants of plan-based awards table. |
| 16 | Section 07, pay ratio | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “CEO Pay Ratio”. As printed: 83 : 1. Filing ↗machine: span 2829393–2829402 |
| 17 | Section 08, J. Kenneth Thompson | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 250,864. Filing ↗ |
| 18 | Section 08, Linda L. Adamany | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 216,634. Filing ↗ |
| 19 | Section 08, Jeane L. Hull | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 216,634. Filing ↗ |
| 20 | Section 08, Robert E. Mellor | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 206,634. Filing ↗ |
| 21 | Section 08, Paramita Das | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 191,634. Filing ↗ |
| 22 | Section 08, Eduardo Luna | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 191,634. Filing ↗ |
| 23 | Section 08, N. Eric Fier | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 168,639. Filing ↗ |
| 24 | Section 08, Pierre Beaudoin | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 168,639. Filing ↗ |
| 25 | Section 08, Randolph E. Gress | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 134,697. Filing ↗ |
| 26 | Section 08, Mitchell J. Krebs | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 27 | Section 08, Patrick Godin | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 28 | Section 08, Marilyn Schonberner | DEF 14A | 2026-04-01 | 0001140361-26-012491 | Section “Director Compensation”. As printed: —. Filing ↗ |
| 29 | Section 06, 2026 vote | Form 8-K | 2026-05-13 | 0000215466-26-000025 | Item 5.07 · say-on-pay result. As reported: 98.22% (votes for as printed: 428,071,901). Filing ↗ |
| 30 | Section 06, 2025 vote | Form 8-K | 2025-05-14 | 0000215466-25-000085 | Item 5.07 · say-on-pay result. As reported: 97.74% (votes for as printed: 376,260,533). Filing ↗ |
| 31 | Section 06, 2024 vote | Form 8-K | 2024-05-16 | 0000215466-24-000086 | Item 5.07 · say-on-pay result. As reported: 96.66% (votes for as printed: 221,226,932). Filing ↗ |
| 32 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 33 | Section 03b vehicle mix (computed) | Computed | — | — | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 34 | Section 09b board cost (computed) | Computed | — | — | Cash 943,293 + equity 802,716 + all other 0 = 1,746,009, summed across the director compensation table rows.machine: formula: Σ = 1,746,009 |
| 35 | Coeur Mining (subject), Section 10b CEO total | DEF 14A | 2026-04-01 | 0001140361-26-012491 | CEO total compensation as printed in Coeur Mining's own proxy. As printed: 6,646,601. Filing ↗machine: r2 · c28 · span 2268574–2268583 |
| 36 | Alamos Gold Inc., Section 10b CEO total | DEF 14A | 2026-04-03 | 0000085535-26-000018 | CEO total compensation as printed in Alamos Gold Inc.'s own proxy. As printed: 5,230,084. Filing ↗machine: r2 · c8 · span 1909864–1909873 |
| 37 | Section 10a, Alamos Gold Inc. reciprocity | DEF 14A | — | 0000085535-26-000018 | Alamos Gold Inc.'s most recent proxy was read; its disclosed peer group does not include Coeur Mining. Filing ↗ |
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