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Cleveland-Cliffs Executive Compensation

CLF · Industrials · FY2025 Data
Total Exec Pay FY2025
$32.0M
Highest Paid Executive
$15.1M
Executives Tracked
5
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Data available:FY2025FY2024FY2023

Named Executive Officers — FY2025

ExecutiveYearBaseStockTotal Pay
Lourenco Goncalves
Executive Officer
FY2025$2.2M$15.1M
Clifford T. Smith
Executive Officer
FY2025$893,000$4.8M
Celso L. Goncalves Jr.
Executive Officer
FY2025$850,000$4.6M
Keith A. Koci
Executive Officer
FY2025$738,000$4.0M
James D. Graham
Executive Officer
FY2025$720,000$3.5M

Compensation Analysis

Computed directly from SEC-sourced figures tracked on this page — not a general description.

Cleveland-Cliffs discloses FY2025 compensation for 5 named executive officers, totaling $32.0M. Lourenco Goncalves, the Executive Officer, accounts for 47% of that combined total.

Lourenco Goncalves's total compensation rose 10% year-over-year, from $13.7M in FY2024 to $15.1M in FY2025.

Cash compensation (salary plus bonus) made up 17% of Cleveland-Cliffs's FY2025 tracked executive pay, with stock awards accounting for 0%.

Among 128 other Industrials companies in this dataset, Cleveland-Cliffs's combined tracked executive pay of $32.0M ranks in the 84th percentile (industry median: $12.5M). Its highest-paid executive, Lourenco Goncalves, ranks in the 77th percentile for top-executive pay in the sector (industry median: $6.8M).

Historical Compensation Data

ExecutiveYearBaseStockTotal
FY2025$2.2M$15.1M
FY2025$893,000$4.8M
FY2025$850,000$4.6M
FY2025$738,000$4.0M
FY2025$720,000$3.5M
FY2024$2.2M$13.7M
FY2024$893,000$4.4M
FY2024$850,000$4.2M
FY2024$738,000$3.6M
FY2024$720,000$3.2M
FY2023$2.1M$14.0M
FY2023$859,000$4.5M
FY2023$750,000$3.9M
FY2023$710,000$3.7M
FY2023$681,000$3.2M
Data Source: Compensation figures are sourced from Cleveland-Cliffs's DEF 14A proxy statement filed with the U.S. Securities and Exchange Commission (SEC) via EDGAR. Figures reflect the most recently available fiscal year per executive. See something wrong? Report it.
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