Core Natural Resources (CNR) executive compensation, 2026 proxy

James A. Brock, Chief Executive Officer and Chair, was paid $19.4M in 2025, up 49% from $13.1M the year before. The CEO-to-median-employee pay ratio was 148:1, on median employee pay of $131,400.

Filed
March 16, 2026
Annual meeting
April 30, 2026
Pay year
2025
Named executives
6
CEO total pay
$19.4M+49% vs prior year
CEO to median employee
148:1median $131,400
CEO pay in equity
82%$15.9M in awards
Prior say-on-pay support
96%of votes cast
Free cash flow
$246.1MGenerated in fiscal 2025
Stock returned to stockholders
$245.1MThrough capital return framework
Say-on-pay support
96%At prior annual meeting

How Brock was paid

$19.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary5%Stock awards82%Non-equity incentive11%Pension and deferred comp1%All other compensation1%

Named executive officers

ExecutiveTotal
James A. BrockChief Executive Officer and Chair$19,445,313
Mitesh B. ThakkarPresident and Chief Financial Officer$7,678,624
Rosemary L. KleinSenior Vice President, Chief Legal Officer and Corporate Secretary$4,749,539
George J. Schuller, Jr.Senior Vice President and Chief Operating Officer$5,072,258
Deck S. SloneSenior Vice President, Chief External and Government Affairs Officer$4,665,266
Paul A. LangFormer Chief Executive Officer$27,246,982

What changed and why

  • Core Natural Resources was formed in January 2025 through the merger of CONSOL Energy and Arch Resources.
  • $19.4MCEO James A. Brock received total compensation of $19,445,313 for fiscal year 2025.
  • Unvested legacy equity awards were accelerated and paid out in January 2025 as required by the merger agreement.
  • The Compensation Committee adopted a new compensation philosophy targeting the 50th percentile of peers.
  • 45%Long-term incentives consist of 45% Restricted Stock Units and 55% Performance Stock Units.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.