Companies Southern Copper
Southern Copper (SCCO): executive pay, fiscal 2025
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CEO pay, last three years
- $1,171,116FY2023
- $1,208,377FY2024
- $1,298,630FY2025
CEO total pay was $1,298,630 in fiscal 2025, up from $1,208,377 in fiscal 2024.
FY2025: salary $458,171 · bonus $103,089
Executives and directors
Frequently asked questions
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 |
|---|---|---|---|---|---|---|---|---|
| Oscar González Rocha | $458,171 | $103,089 | — | — | — | — | $737,370 | $1,298,630 |
| President and CEO | ||||||||
| Julian Jorge Lazalde | 234,250 | 259,855 | — | — | — | — | 89,794 | 583,898 |
| Secretary | ||||||||
| Raúl Jacob | 160,295 | 18,270 | — | — | — | — | 336,515 | 515,080 |
| Vice President Finance and CFO | ||||||||
| Lina Vingerhoets | 101,090 | 6,331 | — | — | — | — | 194,083 | 301,504 |
| Comptroller | ||||||||
| Juan Fernando Nuñez Chavez | 92,841 | 17,729 | — | — | — | — | 166,122 | 276,692 |
| 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.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Oscar González Rocha | $1,298,630 | $1,208,377 | $1,171,116 | ↑ +90,253 |
| Julian Jorge Lazalde | 583,898 | 416,260 | 443,251 | ↑ +167,638 |
| Raúl Jacob | 515,080 | 458,875 | 408,649 | ↑ +56,205 |
| Lina Vingerhoets | 301,504 | 252,883 | 236,391 | ↑ +48,621 |
| Juan Fernando Nuñez Chavez | 276,692 | — | — | — |
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 Company's compensation practices are designed to comply with the requirements of Peruvian and Mexican law and with its goals to retain key executives and reward them appropriately for positive results. The Company does not provide compensation tied to specific pre-determined individual or Company performance criteria or long-term incentive compensation; instead, bonuses are discretionary and based on financial performance, capital investment plans, and liquidity.
| 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
No plan-based awards are on file for this fiscal year.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Luis Miguel Palomino BonillaIndependent · Special Nominating · Audit · ESG/Sustainability | $130,000 | $36,548 | $34,504 | $37,220 | — | $293,588 |
| Vicente Ariztegui AndreveIndependent · Audit · Sustainability (Chair) · Executive · Special Nominating · ESG/Sustainability (Chair) | 130,000 | 36,548 | 34,504 | 37,220 | — | 293,588 |
| Enrique Castillo Sánchez MejoradaIndependent · Audit · Sustainability · Compensation · Special Nominating · ESG/Sustainability | 124,000 | 36,548 | 34,504 | 37,220 | — | 287,588 |
| Germán Larrea Mota-VelascoIndependent · Board Chair · Corporate Governance · Compensation · Executive | 52,000 | 36,548 | 34,504 | 37,220 | — | 215,588 |
| Jose Pedro Valenzuela RiondaIndependent | 52,000 | 36,548 | 34,504 | 37,220 | — | 215,588 |
| Carlos Ruiz SacristánIndependent · Special Nominating and Executive Committees · Special Nominating | 52,000 | 163,588 | — | — | — | 215,588 |
| Leonardo Contreras Lerdo de TejadaEmployee director · Corporate Governance · Special Nominating · Executive · Compensation | 52,000 | 36,548 | 34,504 | 37,220 | — | 215,588 |
| Javier Arrigunaga Gomez del CampoIndependent · Not standing for re-election | 52,000 | 36,548 | 34,504 | 37,220 | — | 215,588 |
Board fee structure and ownership guideline
| Annual cash retainer | $20,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $13,000 |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $644,000 |
| Equity awards (grant-date value) | $419,424 |
| All other compensation | $0 |
| Total cost of the board | $1,063,424 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Southern Copper as a peer
Companies that benchmark against SCCO
No companies currently name SCCO 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 | Southern Copper | 2025 | Oscar González Rocha | $458,171 | — | — | — | $1,298,630 |
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
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-29 | 785,220,671 | 3,578,467 | 286,591 | 99.55% | Passed |
| 2025 | 2025-05-23 | 755,607,019 | 4,452,948 | 280,996 | 99.41% | Passed |
| 2024 | 2024-05-24 | 715,875,954 | 3,865,532 | 404,812 | 99.46% | Passed |
| 2023 | 2023-05-26 | 713,061,517 | 6,545,711 | 430,026 | 99.09% | Passed |
| 2022 | 2022-05-27 | 723,496,660 | 7,664,236 | 555,359 | 98.95% | Passed |
| 2021 | 2021-05-28 | 724,901,394 | 7,735,974 | 284,861 | 98.94% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-29 | 99.55%a |
| 2025 | 2025-05-23 | 99.41%b |
| 2024 | 2024-05-24 | 99.46%c |
a. Approved under the standard stated in the filing — “The affirmative vote of a majority of the votes cast in person or by proxy or by any permissible means of remote communication, including electronic transmission or telephonic means, at the meeting by the holders of shares of Common Stock entitled to vote thereon is required for the advisory vote on executive compensation described in this proxy statement.”.
b. Approved under the standard stated in the filing — “The affirmative vote of a majority of the votes cast in person or by proxy or by any permissible means of remote communication, including electronic transmission or telephonic means, at the meeting by the holders of shares of Common Stock entitled to vote thereon is required for the advisory vote on executive compensation described in this proxy statement.”.
c. Approved under the standard stated in the filing — “Abstentions are not counted either as votes cast "For" or "Against" the proposal to ratify the selection of the independent accountants described in this proxy statement.”.
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) | 27.49 : 1 |
|---|---|
| CEO total compensation | $1,298,630 |
| Median employee compensation | $47,246 |
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (20 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, Oscar González Rocha. DEF 14A, filed 2026-04-17. Section “Executive Compensation”. As printed: 1,298,630. View filing ↗
- Section 01, Julian Jorge Lazalde. DEF 14A, filed 2026-04-17. Section “Executive Compensation”. As printed: 583,898. View filing ↗
- Section 01, Raúl Jacob. DEF 14A, filed 2026-04-17. Section “Executive Compensation”. As printed: 515,080. View filing ↗
- Section 01, Lina Vingerhoets. DEF 14A, filed 2026-04-17. Section “Executive Compensation”. As printed: 301,504. View filing ↗
- Section 01, Juan Fernando Nuñez Chavez. DEF 14A, filed 2026-04-17. Section “Executive Compensation”. As printed: 276,692. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-04-17. Section “CEO Pay Ratio”. As printed: 27.49 : 1. View filing ↗
- Section 08, Luis Miguel Palomino Bonilla. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 293,588. View filing ↗
- Section 08, Vicente Ariztegui Andreve. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 293,588. View filing ↗
- Section 08, Enrique Castillo Sánchez Mejorada. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 287,588. View filing ↗
- Section 08, Germán Larrea Mota-Velasco. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 215,588. View filing ↗
- Section 08, Jose Pedro Valenzuela Rionda. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 215,588. View filing ↗
- Section 08, Carlos Ruiz Sacristán. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 215,588. View filing ↗
- Section 08, Leonardo Contreras Lerdo de Tejada. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 215,588. View filing ↗
- Section 08, Javier Arrigunaga Gomez del Campo. DEF 14A, filed 2026-04-17. Section “Director Compensation”. As printed: 215,588. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-07-17. Item 5.07 · say-on-pay result. As reported: 99.55% (votes for as printed: 785,220,671). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-29. Item 5.07 · say-on-pay result. As reported: 99.41% (votes for as printed: 755,607,019). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-05-28. Item 5.07 · say-on-pay result. As reported: 99.46% (votes for as printed: 715,875,954). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 644,000 + equity 419,424 + all other 0 = 1,063,424, summed across the director compensation table rows.
- Southern Copper (subject), Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Southern Copper's own proxy. As printed: 1,298,630. View filing ↗