How Cherry was paid
$2.5M 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.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Jonathan CherryChief Executive Officer | $458,750 | $797,073 | $1,188,000 | $20,000 | $2,463,823 |
| Mark MurchisonChief Financial Officer | $100,000 | $383,160 | $136,126 | — | $483,160 |
| Mckinsey LyonSenior Vice President, External Affairs | $221,960 | $330,885 | $270,000 | $9,613 | $832,458 |
| Jessica LargentFormer Chief Financial Officer | $264,457 | $398,370 | $132,229 | $10,578 | $805,634 |
| Michael WrightFormer Vice President, Projects | $294,407 | $478,235 | $115,229 | $2,661,314 | $3,549,185 |
What changed and why
- $2.5MChief Executive Officer total compensation increased to $2,463,823 in 2025 from $983,589 in 2024.
- Short-term incentive program payouts considered company performance on the Stibnite Gold Project.
- $2.7MMichael Wright received $2,661,314 in all other compensation upon his departure.
- Mark Murchison was appointed Chief Financial Officer during the year.
- Jessica Largent transitioned from her role as Chief Financial Officer.
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.