Lourenco Goncalves Salary and Compensation - CLEVELAND-CLIFFS INC. CEO Pay 2025

In fiscal year 2025, Lourenco Goncalves, Chairman President and CEO of CLEVELAND-CLIFFS INC. (CLF), received total compensation of $19.0 million.

Lourenco Goncalves's compensation breakdown includes: base salary of $2.2 million, stock awards valued at $12.9 million, non-equity incentive compensation of $3.3 million, and other compensation of $106K.

Compared to fiscal year 2024, Lourenco Goncalves's total compensation increased 25% from $15.2 million to $19.0 million.

CLEVELAND-CLIFFS INC. (CLF) Executive Pay 2025

CLEVELAND-CLIFFS INC.'s top 5 named executive officers received combined total compensation of $39.5 million in fiscal year 2025.

The named executive officers disclosed in CLEVELAND-CLIFFS INC.'s 2025 proxy statement are:Lourenco Goncalves (Chairman President and CEO) with total compensation of $19.0 million, Clifford T. Smith (EVP COO) with total compensation of $5.9 million, Celso L. Goncalves Jr. (EVP CFO) with total compensation of $5.5 million, Keith A. Koci (EVP & President Cleveland-Cliffs Services) with total compensation of $4.8 million, and James D. Graham (EVP Chief Legal and Administrative Officer & Secretary) with total compensation of $4.3 million.