How Heissenbuttel was paid
$5.2M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| William HeissenbuttelPresident and CEO | $918,000 | $100,000 | $2,759,437 | $1,400,000 | $52,647 | $5,230,084 |
| Paul LibnerSVP and CFO | $492,000 | $50,000 | $1,056,710 | $615,000 | $42,638 | $2,256,348 |
| Daniel BreezeSVP Corp Dev, RGLD Gold AG | $552,609 | $50,000 | $1,117,846 | $690,158 | $67,083 | $2,477,696 |
| Martin RaffieldSVP Operations | $475,000 | $50,000 | $1,018,632 | $591,000 | $44,294 | $2,178,926 |
| Randy ShefmanSVP and GC | $475,000 | $50,000 | $1,018,632 | $592,000 | $44,409 | $2,180,041 |
What changed and why
- $5.2MCEO total compensation increased to $5,230,084 in 2025 from $4,184,508 in 2024.
- $1.0BCompany achieved record revenue of $1.0 billion and operating cash flow of $0.7 billion.
- A special bonus was awarded for extraordinary effort on the Sandstorm Gold and Horizon Copper acquisition.
- 138.3%Short-term incentive awards for 2025 paid out between 138.3% and 138.8% of target for NEOs.
- Royal Gold approved its 25th consecutive annual increase to its dividend.
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.