Companies McEwen Inc.
McEwen (MCC): executive pay, fiscal 2025
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CEO pay, last three years
- $342,169FY2023
- $4,908FY2024
- $776,549FY2025
CEO total pay was $776,549 in fiscal 2025, up from $4,908 in fiscal 2024.
FY2025: salary $1 · bonus $0 · stock awards $0 · option awards $770,963
Frequently asked questions
Who was the highest-paid executive at McEwen Inc. in fiscal 2025?
As disclosed, William Shaver (Chief Operating Officer) was the highest-paid executive at McEwen Inc. in fiscal 2025, with total compensation of $934,806.
What is McEwen Inc.'s CEO-to-median employee pay ratio?
As disclosed, McEwen Inc.'s CEO-to-median employee pay ratio was 10:1.
How much does McEwen Inc. spend in total on board compensation for fiscal 2025?
As disclosed, McEwen Inc. reported total board compensation of $382,403 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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| William Shaver | $470,455 | $101,511 | $0 | $362,806 | $0 | $0 | $34 | $934,806 |
| Chief Operating Officer | ||||||||
| Robert McEwen | 1 | 0 | 0 | 770,963 | 0 | 0 | 5,585 | 776,549 |
| Chairman and Chief Executive Officer | ||||||||
| Perry Ing | 394,521 | 91,456 | 0 | 226,754 | 0 | 0 | 2,014 | 714,745 |
| Chief Financial Officer | ||||||||
| Carmen Diges | 121,533 | 62,709 | 0 | 181,403 | 0 | 0 | 170,451 | 536,096 |
| General Counsel and Corporate Secretary | ||||||||
| Jeffrey Chan | 194,421 | 78,931 | 0 | 181,403 | 0 | 0 | 10,631 | 465,386 |
| Vice President – Finance | ||||||||
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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| William Shaver | $934,806 | $444,367 | $539,231 | ↑ +490,439 |
| Robert McEwen | 776,549 | 4,908 | 342,169 | ↑ +771,641 |
| Perry Ing | 714,745 | 347,730 | 443,722 | ↑ +367,015 |
| Carmen Diges | 536,096 | 236,219 | 441,709 | ↑ +299,877 |
| Jeffrey Chan | 465,386 | 276,951 | 298,703 | ↑ +188,435 |
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
The compensation program is designed to be fully competitive to attract, motivate, and retain talent, align executive interests with shareholders through equity awards, and reflect a corporate culture that emphasizes careful management of operating expenses and teamwork.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Jeffrey Chan | RSU | 2025-06-29 | — | — | 778 | — | $7,274 |
| Jeffrey Chan | OPTION | 2025-08-11 | — | — | 40,000 | — | 181,403 |
| Jeffrey Chan | RSU | 2025-08-11 | — | — | 3,800 | — | 39,634 |
| Jeffrey Chan | RSU | 2025-09-08 | — | — | 1,600 | — | 22,032 |
| Carmen Diges | RSU | 2025-06-29 | — | — | 10,110 | — | 94,529 |
| Carmen Diges | OPTION | 2025-08-11 | — | — | 40,000 | — | 181,403 |
| Carmen Diges | RSU | 2025-08-11 | — | — | 3,900 | — | 40,677 |
| Carmen Diges | RSU | 2025-09-08 | — | — | 1,600 | — | 22,032 |
| Carmen Diges | RSU | 2025-11-10 | — | — | 4,410 | — | 75,367 |
| Perry Ing | RSU | 2025-06-29 | — | — | 14,220 | — | 132,957 |
| Perry Ing | OPTION | 2025-08-11 | — | — | 50,000 | — | 226,754 |
| Perry Ing | RSU | 2025-08-11 | — | — | 5,600 | — | 58,408 |
| Perry Ing | RSU | 2025-09-08 | — | — | 2,400 | — | 33,048 |
| Perry Ing | RSU | 2025-11-10 | — | — | 6,990 | — | 119,459 |
| Robert McEwen | OPTION | 2025-08-11 | — | — | 170,000 | — | 770,963 |
| William Shaver | RSU | 2025-06-29 | — | — | 35,220 | — | 329,307 |
| William Shaver | OPTION | 2025-08-11 | — | — | 80,000 | — | 453,508 |
| William Shaver | RSU | 2025-08-11 | — | — | 6,300 | — | 65,709 |
| William Shaver | RSU | 2025-09-08 | — | — | 2,600 | — | 35,802 |
| William Shaver | RSU | 2025-11-10 | — | — | 17,100 | — | 292,239 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Jeffrey Chan | $68,940 | $0 | $181,403 | 0.0% |
| Carmen Diges | 232,605 | 0 | 181,403 | 0.0% |
| Perry Ing | 343,872 | 0 | 226,754 | 0.0% |
| Robert McEwen | 0 | 0 | 770,963 | 0.0% |
| William Shaver | 723,057 | 0 | 453,508 | 0.0% |
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Jeffrey Chan | RSU | 533 | — | $9,872 |
| Perry Ing | RSU | 800 | — | 14,808 |
| William Shaver | RSU | 867 | — | 16,048 |
| Jeffrey Chan | RSU | 1,267 | — | 23,446 |
| Carmen Diges | RSU | 1,300 | — | 24,063 |
| Perry Ing | RSU | 1,867 | — | 34,558 |
| William Shaver | RSU | 2,100 | — | 38,871 |
| Carmen Diges | RSU | 2,940 | — | 54,419 |
| Carmen Diges | RSU | 3,370 | — | 62,379 |
| Perry Ing | RSU | 4,660 | — | 86,257 |
| Perry Ing | RSU | 4,740 | — | 87,737 |
| Carmen Diges | RSU | 5,333 | — | 9,866 |
| Carmen Diges | Option | 6,667 | 7.1 | — |
| William Shaver | RSU | 11,400 | — | 211,014 |
| William Shaver | RSU | 11,740 | — | 217,307 |
| Jeffrey Chan | Option | 13,334 | 7.1 | — |
| Perry Ing | Option | 16,667 | 7.1 | — |
| William Shaver | Option | 23,333 | 7.1 | — |
| Robert McEwen | Option | 33,333 | 7.1 | — |
| Jeffrey Chan | Option | 40,000 | 10.34 | — |
| Carmen Diges | Option | 40,000 | 10.34 | — |
| Perry Ing | Option | 50,000 | 10.34 | — |
| William Shaver | Option | 80,000 | 10.34 | — |
| Robert McEwen | Option | 170,000 | 10.34 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Richard W. BrissendenIndependent · Audit (Chair) · Compensation, Nominating & Corporate Governance | $50,000 | $0 | $90,702 | $0 | $0 | $140,702 |
| Ian J. BallEmployee director · Disclosure (Chair) | 47,500 | 0 | 90,702 | 0 | 0 | 138,202 |
| William M. ShaverEmployee director · Environmental, Health & Safety (Chair) | 22,500 | 22,500 | 90,702 | 0 | 0 | 135,702 |
| Michelle MakoriIndependent · Disclosure | 30,000 | 10,000 | 90,702 | 0 | 0 | 130,702 |
| Nicolas Darveau-GarneauIndependent · Audit · Compensation, Nominating & Corporate Governance | 20,000 | 20,000 | 90,702 | 0 | 0 | 130,702 |
| Robert R. McEwenEmployee director · Board Chair | 0 | 0 | 90,702 | 0 | 0 | 90,702 |
| Steve KaszasIndependent · Environmental, Health & Safety · Newly elected | 0 | 20,000 | 45,351 | 0 | 0 | 65,351 |
| Michael MelansonIndependent · Disclosure · Newly elected | 20,000 | 0 | 45,351 | 0 | 0 | 65,351 |
| Dalia AsterbadiIndependent · Environmental, Health & Safety · Newly elected | 0 | 20,000 | 45,351 | 0 | 0 | 65,351 |
| Alfred ColasIndependent · Audit · Newly elected | 20,000 | 0 | 45,351 | 0 | 0 | 65,351 |
| John FlorekIndependent · Compensation, Nominating & Corporate Governance (Chair) · Environmental, Health & Safety · Newly elected | 0 | 20,000 | 45,351 | 0 | 0 | 65,351 |
| Allan AmbroseIndependent · Not standing for re-election · Departed during FY | 21,125 | 0 | 0 | 0 | 0 | 21,125 |
| Robin DunbarIndependent · Not standing for re-election · Departed during FY | 20,000 | 0 | 0 | 0 | 0 | 20,000 |
| Merri SanchezIndependent · Not standing for re-election · Departed during FY | 18,778 | 0 | 0 | 0 | 0 | 18,778 |
Board fee structure and ownership guideline
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $269,903 |
| Equity awards (grant-date value) | $112,500 |
| All other compensation | $0 |
| Total cost of the board | $382,403 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names McEwen as a peer
Companies that benchmark against MCC
No companies currently name MCC as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | McEwen Inc. | 2025 | Robert McEwen | $1 | $0 | $770,963 | $0 | $776,549 |
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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
CEO pay ratio
| Ratio (CEO : median employee) | 10 : 1 |
|---|---|
| CEO total compensation | $776,549 |
| Median employee compensation | $78,000 |
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, William Shaver. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · page 23. As printed: 934,806. View filing ↗
- Section 01, Robert McEwen. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · page 23. As printed: 776,549. View filing ↗
- Section 01, Perry Ing. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · page 23. As printed: 714,745. View filing ↗
- Section 01, Carmen Diges. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · page 23. As printed: 536,096. View filing ↗
- Section 01, Jeffrey Chan. DEF 14A, filed 2026-04-24. Section “Executive Compensation” · page 23. As printed: 465,386. View filing ↗
- Section 03, Jeffrey Chan RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Jeffrey Chan OPTION. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Jeffrey Chan RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Jeffrey Chan RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Carmen Diges RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Carmen Diges OPTION. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Carmen Diges RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Carmen Diges RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Carmen Diges RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Perry Ing RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Perry Ing OPTION. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Perry Ing RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Perry Ing RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Perry Ing RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, Robert McEwen OPTION. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, William Shaver RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, William Shaver OPTION. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, William Shaver RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, William Shaver RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, William Shaver RSU. DEF 14A, filed 2026-04-24. Section “GRANTS OF PLAN BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-24. Section “CEO Pay Ratio”. As printed: 10 : 1. View filing ↗
- Section 08, Richard W. Brissenden. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 140,702. View filing ↗
- Section 08, Ian J. Ball. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 138,202. View filing ↗
- Section 08, William M. Shaver. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 135,702. View filing ↗
- Section 08, Michelle Makori. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 130,702. View filing ↗
- Section 08, Nicolas Darveau-Garneau. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 130,702. View filing ↗
- Section 08, Robert R. McEwen. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 90,702. View filing ↗
- Section 08, Steve Kaszas. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 65,351. View filing ↗
- Section 08, Michael Melanson. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 65,351. View filing ↗
- Section 08, Dalia Asterbadi. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 65,351. View filing ↗
- Section 08, Alfred Colas. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 65,351. View filing ↗
- Section 08, John Florek. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 65,351. View filing ↗
- Section 08, Allan Ambrose. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 21,125. View filing ↗
- Section 08, Robin Dunbar. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 20,000. View filing ↗
- Section 08, Merri Sanchez. DEF 14A, filed 2026-04-24. Section “Director Compensation”. As printed: 18,778. 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 269,903 + equity 112,500 + all other 0 = 382,403, summed across the director compensation table rows.
- McEwen Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in McEwen Inc.'s own proxy. As printed: 776,549. View filing ↗