CEO James Brock was paid $19,445,313 in fiscal year 2025, ↑ up 48.5% from fiscal year 2024 (SEC filing 0001710366-26-000017 ↗): 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.
$27,246,982 Paul Lang total, FY2025 Former Chief Executive Officer — highest-paid officer; CEO James Brock: $19,445,313 | — CEO (James Brock) pay percentile vs peers | 148:1 CEO-to-median pay ratio | 98.15% Say-on-pay support, latest vote |
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| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Paul Lang | $780,769 | $0 | $11,677,388 | $0 | $509,231 | $0 | $14,279,594 | $27,246,982 |
| Former Chief Executive Officer | ||||||||
| James Brock | 1,000,000 | 0 | 15,922,176 | 0 | 2,128,750 | 121,035 | 273,352 | 19,445,313 |
| Chief Executive Officer and Chair | ||||||||
| Mitesh Thakkar | 675,000 | 0 | 6,165,961 | 0 | 701,578 | 29,690 | 106,395 | 7,678,624 |
| President and Chief Financial Officer | ||||||||
| George Schuller Jr. | 635,000 | 0 | 3,698,269 | 0 | 502,603 | 0 | 236,386 | 5,072,258 |
| Senior Vice President and Chief Operating Officer | ||||||||
| Rosemary Klein | 510,000 | 0 | 3,329,867 | 0 | 318,852 | 0 | 590,820 | 4,749,539 |
| Senior Vice President, Chief Legal Officer and Corporate Secretary | ||||||||
| Deck Slone | 500,000 | 0 | 3,268,852 | 0 | 324,600 | 0 | 571,814 | 4,665,266 |
| Senior Vice President, Chief External and Government Affairs Officer | ||||||||
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 |
|---|---|---|---|---|
| Paul Lang | $27,246,982 | — | — | — |
| James Brock | 19,445,313 | 13,091,307 | 13,194,665 | ↑ +6,354,006 |
| Mitesh Thakkar | 7,678,624 | 4,268,495 | 3,425,289 | ↑ +3,410,129 |
| George Schuller Jr. | 5,072,258 | — | — | — |
| Rosemary Klein | 4,749,539 | — | — | — |
| Deck Slone | 4,665,266 | — | — | — |
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 CNR 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 CNR 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 officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| Paul Lang | Chief Executive Officer | $27,246,982 |
| George Schuller Jr. | COO | $5,072,258 |
| James Brock | CEO | $19,445,313 |
| Rosemary Klein | General Counsel | $4,749,539 |
| Mitesh Thakkar | President | $7,678,624 |
| Deck Slone | SVP | $4,665,266 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Cassandra Pan | Former director (through FY2025) | $489,528 |
| Holly Keller Koeppel | Independent Director | $744,982 |
| John T. Mills | Former director (through FY2025) | $120,361 |
| Joseph P. Platt | Independent Director | $575,361 |
| Patrick A. Kriegshauser | Independent Director | $820,155 |
| Richard A. Navarre | Lead Independent Director | $1,007,977 |
| Valli Perera | Independent Director | $567,028 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| James Brock | PSU | 2025-02-18 | 12,285 | 24,570 | — | 49,140 | $2,141,030 |
| Rosemary Klein | PSU | 2025-02-18 | 3,135 | 6,270 | — | 12,540 | 546,368 |
| Rosemary Klein | RSU | 2025-02-18 | — | — | 5,130 | — | 403,218 |
| George Schuller Jr. | PSU | 2025-02-18 | 4,585 | 9,170 | — | 18,340 | 720,762 |
| James Brock | RSU | 2025-02-18 | — | — | 20,100 | — | 1,579,860 |
| James Brock | PSU | 2025-02-18 | 12,285 | 24,750 | — | 49,140 | 1,931,202 |
| Paul Lang | PSU | 2025-02-18 | 12,285 | 24,570 | — | 49,140 | 1,931,202 |
| Paul Lang | PSU | 2025-02-18 | 12,285 | 24,570 | — | 49,140 | 2,141,030 |
| George Schuller Jr. | RSU | 2025-02-18 | — | — | 7,500 | — | 589,500 |
| Deck Slone | PSU | 2025-02-18 | 3,075 | 6,150 | — | 12,300 | 483,390 |
| Mitesh Thakkar | RSU | 2025-02-18 | — | — | 8,480 | — | 666,528 |
| Mitesh Thakkar | PSU | 2025-02-18 | 5,185 | 10,370 | — | 20,740 | 903,642 |
| Rosemary Klein | PSU | 2025-02-18 | 3,135 | 6,270 | — | 12,540 | 492,822 |
| Paul Lang | RSU | 2025-02-18 | — | — | 20,100 | — | 1,579,860 |
| Mitesh Thakkar | PSU | 2025-02-18 | 5,185 | 10,370 | — | 20,740 | 815,082 |
| George Schuller Jr. | PSU | 2025-02-18 | 4,585 | 9,170 | — | 18,340 | 799,074 |
| Deck Slone | PSU | 2025-02-18 | 3,075 | 6,150 | — | 12,300 | 535,911 |
| Deck Slone | RSU | 2025-02-18 | — | — | 5,030 | — | 395,358 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| James Brock | $1,579,860 | $4,072,232 | $0 | 72.0% |
| Rosemary Klein | 403,218 | 1,039,190 | 0 | 72.0% |
| George Schuller Jr. | 589,500 | 1,519,836 | 0 | 72.1% |
| Paul Lang | 1,579,860 | 4,072,232 | 0 | 72.0% |
| Deck Slone | 395,358 | 1,019,301 | 0 | 72.1% |
| Mitesh Thakkar | 666,528 | 1,718,724 | 0 | 72.1% |
% 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 |
|---|---|---|---|---|
| James Brock | PSU | 49,140 | — | $4,349,381 |
| James Brock | RSU | 40,200 | — | 3,558,102 |
| Mitesh Thakkar | PSU | 20,740 | — | 1,835,697 |
| George Schuller Jr. | PSU | 18,340 | — | 1,623,273 |
| Mitesh Thakkar | RSU | 16,960 | — | 1,501,130 |
| George Schuller Jr. | RSU | 15,000 | — | 1,327,650 |
| Rosemary Klein | PSU | 12,540 | — | 1,109,915 |
| Deck Slone | PSU | 12,300 | — | 1,088,673 |
| Rosemary Klein | RSU | 10,260 | — | 908,113 |
| Deck Slone | RSU | 10,060 | — | 890,411 |
The compensation philosophy targets total compensation at market competitive levels to attract and retain key talent, promote a pay-for-performance culture, and align risk-taking with the company's financial health. It emphasizes variable incentive-based compensation over fixed pay, with base pay, short-term incentives, and long-term incentives all targeted at the 50th percentile of the market.
| CEO STI target (% of salary) | NaN% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Mercer |
| Clawback policy | The company maintains a clawback policy. |
| Anti-hedging | The company maintains a policy that prohibits executive officers from hedging transactions. |
| Anti-pledging | The company maintains a policy that prohibits executive officers from pledging transactions. |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-30 | 40,057,737 | 753,466 | 52,336 | 98.15% | Passed |
| 2025 | 2025-04-29 | 42,391,705 | 1,526,229 | 86,326 | 96.52% | Passed |
| 2024 | 2024-04-30 | 21,793,156 | 1,171,160 | 32,325 | 94.9% | Passed |
| 2023 | 2023-04-27 | 23,101,175 | 1,306,869 | 152,251 | 94.65% | Passed |
| 2022 | 2022-04-26 | 8,858,282 | 15,938,888 | 52,050 | 35.72% | Failed |
| 2021 | 2021-04-28 | 23,302,121 | 674,643 | 50,062 | 97.19% | 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 | 2026-04-30 | 98.15%a |
| 2025 | 2025-04-29 | 96.52%b |
| 2024 | 2024-04-30 | 94.9%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
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.
| Ratio (CEO : median employee) | 148 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | $131,400 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Richard A. NavarreIndependent · Lead Independent Director · Compensation Committee · Nominating and Corporate Governance Committee (Chair) | $220,000 | $410,000 | — | — | $377,977 | $1,007,977 |
| Patrick A. KriegshauserIndependent · Audit Committee (Chair) · Health, Safety and Environmental Committee | 170,000 | 300,000 | — | — | 350,155 | 820,155 |
| Holly Keller KoeppelIndependent · Nominating and Corporate Governance Committee · Health, Safety and Environmental Committee (Chair) | 156,552 | 300,000 | — | — | 288,430 | 744,982 |
| Joseph P. PlattIndependent · Audit Committee · Compensation Committee (Chair) | 170,000 | 352,028 | — | — | 53,333 | 575,361 |
| Valli PereraIndependent · Audit Committee · Nominating and Corporate Governance Committee | 160,000 | 352,028 | — | — | 55,000 | 567,028 |
| Cassandra PanIndependent · Health, Safety & Environmental · Compensation · Departed during FY | 82,500 | 352,028 | — | — | 55,000 | 489,528 |
| John T. MillsIndependent · Departed during FY | 0 | 52,028 | — | — | 68,333 | 120,361 |
| James A. BrockEmployee director · Board Chair · Nominating and Corporate Governance | — | — | — | — | — | 0 |
| Annual cash retainer | $140,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 30,000 / 20,000 / 15,000 |
| Stock ownership guideline | The Core policies in place to mitigate compensation-related risk include stock ownership guidelines, equity vesting periods, insider trading prohibitions, a clawback policy, caps on the amount of compensation that may be earned, and independent Compensation Committee oversight. |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $959,052 |
| Equity awards (grant-date value) | $2,118,112 |
| All other compensation | $1,248,228 |
| Total cost of the board | $4,325,392 |
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.
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 | Core Natural Resources | 2025 | James Brock | $1,000,000 | $15,922,176 | $0 | $2,128,750 | $19,445,313 |
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.
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, Paul Lang | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation”. As printed: 27,246,982. Filing ↗machine: r11 · c45 · span 774194–774204 |
| 2 | Section 01, James Brock | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation”. As printed: 19,445,313. Filing ↗machine: r2 · c45 · span 717665–717675 |
| 3 | Section 01, Mitesh Thakkar | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation”. As printed: 7,678,624. Filing ↗machine: r5 · c45 · span 735550–735559 |
| 4 | Section 01, George Schuller Jr. | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation”. As printed: 5,072,258. Filing ↗machine: r9 · c45 · span 760229–760238 |
| 5 | Section 01, Rosemary Klein | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation”. As printed: 4,749,539. Filing ↗machine: r8 · c45 · span 753479–753488 |
| 6 | Section 01, Deck Slone | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation”. As printed: 4,665,266. Filing ↗machine: r10 · c45 · span 766764–766773 |
| 7 | Section 03, James Brock PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 848571–848581 |
| 8 | Section 03, Rosemary Klein PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 872438–872446 |
| 9 | Section 03, Rosemary Klein RSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 869946–869954 |
| 10 | Section 03, George Schuller Jr. PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 888937–888945 |
| 11 | Section 03, James Brock RSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 846083–846093 |
| 12 | Section 03, James Brock PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 853109–853119 |
| 13 | Section 03, Paul Lang PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 913223–913233 |
| 14 | Section 03, Paul Lang PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 908321–908331 |
| 15 | Section 03, George Schuller Jr. RSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 881902–881910 |
| 16 | Section 03, Deck Slone PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 900879–900887 |
| 17 | Section 03, Mitesh Thakkar RSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 858016–858024 |
| 18 | Section 03, Mitesh Thakkar PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 860501–860509 |
| 19 | Section 03, Rosemary Klein PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 876981–876989 |
| 20 | Section 03, Paul Lang RSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 905825–905835 |
| 21 | Section 03, Mitesh Thakkar PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 865033–865041 |
| 22 | Section 03, George Schuller Jr. PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 884394–884402 |
| 23 | Section 03, Deck Slone PSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 896336–896344 |
| 24 | Section 03, Deck Slone RSU | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 893844–893852 |
| 25 | Section 07, pay ratio | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “CEO Pay Ratio”. As printed: 148 : 1. Filing ↗machine: span 1407632–1407635 |
| 26 | Section 08, Richard A. Navarre | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Director Compensation”. As printed: 1,007,977. Filing ↗machine: span 432094–432272 |
| 27 | Section 08, Patrick A. Kriegshauser | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Director Compensation”. As printed: 820,155. Filing ↗machine: span 428944–429120 |
| 28 | Section 08, Holly Keller Koeppel | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Director Compensation”. As printed: 744,982. Filing ↗machine: span 427374–427594 |
| 29 | Section 08, Joseph P. Platt | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Director Compensation”. As printed: 575,361. Filing ↗machine: span 436741–436920 |
| 30 | Section 08, Valli Perera | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Director Compensation”. As printed: 567,028. Filing ↗machine: span 435283–435459 |
| 31 | Section 08, Cassandra Pan | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Director Compensation”. As printed: 489,528. Filing ↗machine: span 433724–433903 |
| 32 | Section 08, John T. Mills | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Director Compensation”. As printed: 120,361. Filing ↗machine: span 430572–430751 |
| 33 | Section 08, James A. Brock | DEF 14A | 2026-03-16 | 0001710366-26-000017 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 34 | Section 06, 2026 vote | Form 8-K | 2026-04-30 | 0001710366-26-000023 | Item 5.07 · say-on-pay result. As reported: 98.15% (votes for as printed: 40,057,737). Filing ↗ |
| 35 | Section 06, 2025 vote | Form 8-K | 2025-04-30 | 0001193125-25-107138 | Item 5.07 · say-on-pay result. As reported: 96.52% (votes for as printed: 42,391,705). Filing ↗ |
| 36 | Section 06, 2024 vote | Form 8-K | 2024-05-06 | 0001193125-24-131996 | Item 5.07 · say-on-pay result. As reported: 94.9% (votes for as printed: 21,793,156). Filing ↗ |
| 37 | 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) |
| 38 | 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 |
| 39 | Section 09b board cost (computed) | Computed | — | — | Cash 959,052 + equity 2,118,112 + all other 1,248,228 = 4,325,392, summed across the director compensation table rows.machine: formula: Σ = 4,325,392 |
| 40 | Core Natural Resources (subject), Section 10b CEO total | DEF 14A | 2026-03-16 | 0001710366-26-000017 | CEO total compensation as printed in Core Natural Resources's own proxy. As printed: 19,445,313. Filing ↗machine: r2 · c45 · span 717665–717675 |