FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | FYE | |||||
Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | Dec | |||||
Cleveland-Cliffs | 2018 | 2017 | 2017 | 2016 | 2016 | 2015 | 2015 | 2014 | 2014 | 2013 | ||||
Top-Tier | Total | Total | Total | Total | Total | Total | Total | Total | Total | Total | ||||
Executive | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | Comp | ||||
$ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | $ 000s | |||||
Goncalves CEO | 15,444 | 23,562 | 23,562 | 9,536 | 9,536 | 11,114 | N/A | N/A | ||||||
Flanagan CFO | 2,096 | 2,194 | ||||||||||||
Fedor EVP US Iron Ore | 2,406 | 2,628 | 2,628 | 1,621 | 1,621 | 1,888 | ||||||||
Harapiak Chief Admin Officer | 2,412 | 2,390 | 2,390 | 1,476 | 1,476 | 1,841 | ||||||||
Smith EVP Business Development | 2,392 | 2,659 | 2,659 | 1,666 | 1,666 | 1,892 | 1,892 | 2,944 | ||||||
Tompkins Former COO | 4,316 | 2,174 | 2,174 | 2,542 | 2,542 | 2,252 | 2,252 | 1,985 | ||||||
Paradie Former CFO | N/A | N/A | 2,668 | 1,157 | ||||||||||
Webb Former EVP Global Coal | N/A | N/A | ||||||||||||
Halverson Former CEO | N/A | N/A | ||||||||||||
Totals | 24,750 | 33,433 | 35,555 | 16,473 | 16,473 | 19,277 | 4,434 | 5,196 | 4,920 | 3,142 | ||||
Annual % Change vs Prior Year | -26.0% | 115.8% | -14.5% | -14.7% | 56.6% | |||||||||
5 Year Average Per Year % Change | 23.4% |
Monday, March 16, 2020
Cleveland, Ohio-Based Cleveland-Cliffs' Top-Tier Executives Average Annual Pay and Benefits Increase Was a Blistering 23.4% Per Year During the Past Five Years
From Company Proxy Statement filings with the SEC, below are Cleveland Cliffs' Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the most recent five years.