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Companies Warrior MET Coal, Inc

Warrior MET Coal (HCC): executive pay, fiscal 2025

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CEO total pay$7,336,513CEO Walter Scheller III · source
Say-on-pay support97.92%Latest vote · source
CEO vs. named peers67th pct.Of 4 peer CEOs
CEO pay ratio57:1To the median employee · source

CEO pay, last three years

  • $6,667,795FY2023
  • $7,908,650FY2024
  • $7,336,513FY2025

CEO total pay was $7,336,513 in fiscal 2025, down from $7,908,650 in fiscal 2024.

FY2025: salary $900,000 · bonus $0 · stock awards $4,121,831 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Warrior MET Coal, Inc in fiscal 2025?
As disclosed, Walter Scheller III (Chief Executive Officer) was the highest-paid executive at Warrior MET Coal, Inc in fiscal 2025, with total compensation of $7,336,513.
How does Warrior MET Coal, Inc's chief executive pay compare to its disclosed peer group?
As disclosed, Walter Scheller III's total compensation ranked at the 67th percentile of Warrior MET Coal, Inc's disclosed peer group.
What is Warrior MET Coal, Inc's CEO-to-median employee pay ratio?
As disclosed, Warrior MET Coal, Inc's CEO-to-median employee pay ratio was 57:1.
How did shareholders vote on Warrior MET Coal, Inc's executive compensation?
As disclosed, 97.92% of shareholders supported Warrior MET Coal, Inc's executive compensation in the latest say-on-pay vote.
How much does Warrior MET Coal, Inc spend in total on board compensation for fiscal 2025?
As disclosed, Warrior MET Coal, Inc reported total board compensation of $1,360,344 for fiscal 2025.

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
Walter Scheller III$900,000$0$4,121,831$0$2,011,725$0$302,957$7,336,513
Chief Executive Officer
Jack Richardson575,90001,470,32201,029,8240124,7983,200,845
Chief Operating Officer
Dale Boyles495,95701,228,5390886,8700131,7252,743,091
Chief Financial Officer
Kelli Gant438,9000989,297—667,1150122,3112,217,622
Chief Administrative Officer and Corporate Secretary
Charles Lussier398,3030772,7230569,796090,9441,831,766
Chief Commercial 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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Walter Scheller III$7,336,513$7,908,650$6,667,795↓ −572,137
Jack Richardson3,200,8453,363,8252,864,828↓ −162,980
Dale Boyles2,743,0912,910,6692,544,820↓ −167,578
Kelli Gant2,217,6222,334,9891,982,710↓ −117,367
Charles Lussier1,831,7661,907,0711,652,210↓ −75,305

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

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policy—
Anti-hedging—
Anti-pledging—
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Dale BoylesPSU2025-02-102,2074,414—8,828$263,383
Dale BoylesPSU2025-02-102,6715,341—10,683307,748
Dale BoylesRSU2025-02-10——5,341—285,156
Dale BoylesPSU2025-02-103,3926,783—13,566372,251
Kelli GantRSU2025-02-10——4,316—230,431
Charles LussierRSU2025-02-10——3,450—184,196
Jack RichardsonPSU2025-02-103,9347,868—15,736431,796
Jack RichardsonPSU2025-02-103,2366,472—12,944372,917
Walter Scheller IIIPSU2025-02-109,55219,105—38,2091,100,830
Walter Scheller IIIPSU2025-02-1011,91223,824—47,6481,307,461
Kelli GantPSU2025-02-102,7225,444—10,888298,767
Charles LussierPSU2025-02-101,7253,450—6,901198,789
Jack RichardsonPSU2025-02-102,6825,364—10,728320,070
Walter Scheller IIIPSU2025-02-107,94815,896—31,792948,514
Walter Scheller IIIRSU2025-02-10——14,329—765,025
Charles LussierPSU2025-02-101,4022,803—5,606167,255
Kelli GantPSU2025-02-101,7723,543—7,086211,411
Jack RichardsonRSU2025-02-10——6,472—345,540
Kelli GantPSU2025-02-102,1584,316—8,632248,688
CharlesPSU2025-02-102,0274,054—8,108222,484

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Dale Boyles$285,156$943,382$076.8%
Kelli Gant230,431758,866076.7%
Charles Lussier184,196366,044066.5%
Jack Richardson345,5401,124,783076.5%
Walter Scheller III765,0253,356,805081.4%
Charles0222,4840100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Charles LussierRSU1,352—$119,206
Kelli GantRSU1,815—160,029
Charles LussierRSU1,869—164,790
Dale BoylesRSU2,261—199,352
Kelli GantRSU2,362—208,258
Jack RichardsonRSU2,623—231,270
Charles LussierPSU2,803—247,141
Dale BoylesRSU2,943—259,484
Charles LussierRSU3,450—304,187
Kelli GantPSU3,543—312,386
Jack RichardsonRSU3,576—315,296
Kelli GantRSU4,316—380,542
Dale BoylesPSU4,414—389,182
Dale BoylesRSU5,341—470,916
Jack RichardsonPSU5,365—496,838
Walter Scheller IIIRSU5,956—525,141
Jack RichardsonRSU6,472—570,636
Charles LussierPSU6,901—608,461
Walter Scheller IIIRSU7,949—700,863
Kelli GantPSU8,632—761,083
Dale BoylesPSU10,683—941,920
Jack RichardsonPSU12,944—1,141,272
Walter Scheller IIIRSU14,329—1,263,388
Walter Scheller IIIPSU15,897—1,401,638
Walter Scheller IIIPSU38,209—3,368,888
Charles LussierRSU597,453—52,677,416
Kelli GantRSU658,350—58,046,662
Dale BoylesRSU743,936—65,592,715
Jack RichardsonRSU863,850—76,165,622
Dale BoylesRSU1,600,000—141,071,738
Kelli GantRSU1,600,000—141,071,860
Walter Scheller IIIRSU1,600,000—141,071,934
Jack RichardsonRSU1,600,000—141,071,941
Charles LussierRSU1,600,000—141,071,961
Charles LussierRSU2,568,098—226,429,137
Kelli GantRSU2,706,015—238,589,106
Dale BoylesRSU2,982,827—262,995,368
Jack RichardsonRSU3,205,724—282,648,566
Dale BoylesRSU4,000,000—352,679,345
Kelli GantRSU4,000,000—352,679,650
Jack RichardsonRSU4,000,000—352,679,852
Charles LussierRSU4,000,000—352,679,901
Walter Scheller IIIRSU4,511,725—397,798,606
Walter Scheller IIIRSU5,800,000—511,385,759
Walter Scheller IIIRSU9,818,498—865,696,561
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
J. Brett HarveyIndependent · Board Chair · Compensation (Chair) · Nominating and Corporate Governance · Audit · NCG$197,500$149,952$0—$0$347,452
Lisa M. SchnorrIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair) · HRC · NCG (Chair)135,000124,9520—0259,952
Alan H. SchumacherIndependent · Audit · Compensation · HRC132,500124,9520—0257,452
Stephen D. WilliamsIndependent · SEHS (Chair) · Sustainability, Environmental, Health and Safety (Chair)117,500124,9520—0242,452
Kimberly Y. ChaineyIndependent · Audit · Nominating and Corporate Governance · NCG · SEHS · Sustainability, Environmental, Health and Safety · Newly elected95,000124,9520—0219,952
Ana B. AmicarellaNot standing for re-election33,08400—033,084
Walter J. Scheller IIIEmployee director · Sustainability, Environmental, Health and Safety—————0

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$125,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 17,500 / 17,500
Stock ownership guideline$5

Total cost of the board

ComponentFY2025
Cash retainers and fees$710,584
Equity awards (grant-date value)$649,760
All other compensation$0
Total cost of the board$1,360,344

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Warrior MET Coal as a peer

Companies that benchmark against HCC

5 companies name HCC as a compensation peer

Each company listed discloses HCC 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 HCC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

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.

Peer reciprocity

The companies Warrior MET Coal, Inc names as compensation peers that name it back in their own disclosed peer groups.

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
1Arch Resources, Inc.2025Adam Goldstein$750,000$9,897,947$0$750,000$11,397,947
2Warrior MET Coal, Inc2025Walter Scheller III900,0004,121,83102,011,7257,336,513
3Materion Corporation2025Jugal Vijayvargiya982,6932,960,100779,92104,794,902
4Alpha Metallurgical Resources, Inc.2025C. Andrew Eidson943,8462,660,3570520,9564,167,842
—Kaiser Aluminum Corporation——————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.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Warrior MET Coal, Incnot disclosednot disclosednot disclosednot disclosed
Alpha Metallurgical Resources, Inc.not disclosedRSU 50 · PSU 50not disclosedMeridian
Arch Resources, Inc.100%not disclosedYes — Relative TSRCompensia
Kaiser Aluminum Corporationnot disclosednot disclosednot disclosednot disclosed
Materion Corporationnot disclosedPSU 75NoFrederic W. Cook & Co., Inc.

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
20262026-04-2043,732,168928,16217,38997.92%Passed
20252025-04-2341,476,6573,845,11864,21591.52%Passed
20242024-04-2527,530,64714,176,211175,22166.01%Passed
20232023-04-2526,257,03612,617,34389,28467.54%Passed
20222022-04-2629,604,3067,922,390101,86178.89%Passed
20212021-04-2742,523,309374,040129,51999.13%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
20262026-04-2097.92%a
20252025-04-2391.52%b
20242024-04-2566.01%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.

CEO pay ratio

Ratio (CEO : median employee)57 : 1
CEO total compensation$7,336,513
Median employee compensation$127,757
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (44 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, Walter Scheller III. DEF 14A, filed 2026-03-10. Section “Summary Compensation Table” · page 60. As printed: 7,336,513. View filing ↗
  • Section 01, Jack Richardson. DEF 14A, filed 2026-03-10. Section “Summary Compensation Table” · page 60. As printed: 3,200,845. View filing ↗
  • Section 01, Dale Boyles. DEF 14A, filed 2026-03-10. Section “Summary Compensation Table” · page 60. As printed: 2,743,091. View filing ↗
  • Section 01, Kelli Gant. DEF 14A, filed 2026-03-10. Section “Summary Compensation Table” · page 60. As printed: 2,217,622. View filing ↗
  • Section 01, Charles Lussier. DEF 14A, filed 2026-03-10. Section “Summary Compensation Table” · page 60. As printed: 1,831,766. View filing ↗
  • Section 03, Dale Boyles PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Dale Boyles PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Dale Boyles RSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Dale Boyles PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Kelli Gant RSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Charles Lussier RSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jack Richardson PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jack Richardson PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Walter Scheller III PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Walter Scheller III PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Kelli Gant PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Charles Lussier PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jack Richardson PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Walter Scheller III PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Walter Scheller III RSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Charles Lussier PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Kelli Gant PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Jack Richardson RSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Kelli Gant PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Charles PSU. DEF 14A, filed 2026-03-10. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-03-10. Section “CEO Pay Ratio”. As printed: 57 : 1. View filing ↗
  • Section 08, J. Brett Harvey. DEF 14A, filed 2026-03-10. Section “Director Compensation”. As printed: 347,452. View filing ↗
  • Section 08, Lisa M. Schnorr. DEF 14A, filed 2026-03-10. Section “Director Compensation”. As printed: 259,952. View filing ↗
  • Section 08, Alan H. Schumacher. DEF 14A, filed 2026-03-10. Section “Director Compensation”. As printed: 257,452. View filing ↗
  • Section 08, Stephen D. Williams. DEF 14A, filed 2026-03-10. Section “Director Compensation”. As printed: 242,452. View filing ↗
  • Section 08, Kimberly Y. Chainey. DEF 14A, filed 2026-03-10. Section “Director Compensation”. As printed: 219,952. View filing ↗
  • Section 08, Ana B. Amicarella. DEF 14A, filed 2026-03-10. Section “Director Compensation”. As printed: 33,084. View filing ↗
  • Section 08, Walter J. Scheller III. DEF 14A, filed 2026-03-10. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-04-21. Item 5.07 · say-on-pay result. As reported: 97.92% (votes for as printed: 43,732,168). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-04-24. Item 5.07 · say-on-pay result. As reported: 91.52% (votes for as printed: 41,476,657). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-04-29. Item 5.07 · say-on-pay result. As reported: 66.01% (votes for as printed: 27,530,647). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • 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).
  • Section 09b board cost (computed). Computed. Cash 710,584 + equity 649,760 + all other 0 = 1,360,344, summed across the director compensation table rows.
  • Arch Resources, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Arch Resources, Inc.'s own proxy. As printed: 11,397,947. View filing ↗
  • Warrior MET Coal, Inc (subject), Section 10b CEO total. DEF 14A, filed 2026-03-10. CEO total compensation as printed in Warrior MET Coal, Inc's own proxy. As printed: 7,336,513. View filing ↗
  • Materion Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Materion Corporation's own proxy. As printed: 4,794,902. View filing ↗
  • Alpha Metallurgical Resources, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in Alpha Metallurgical Resources, Inc.'s own proxy. As printed: 4,167,842. View filing ↗
  • Section 10a, Alpha Metallurgical Resources, Inc. reciprocity. DEF 14A. Alpha Metallurgical Resources, Inc. names Warrior MET Coal, Inc in its own disclosed peer group (read from its most recent proxy). View filing ↗
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