Strong governance strengthens Hecla’s policies and performance, and it distinguishes us as a respected precious metals producer. Operating transparently and with integrity has helped us earn the trust of our stakeholders, credibility within our communities, and dedication from our employees.
Our Board of Directors (the “Board”) is made up of eight members that bring a broad range of expertise, skills, professional experience and industry background. The Board oversees the Company’s business strategy with the goal of delivering long-term value to shareholders and stakeholders and monitors and assesses risk exposure in the following areas:
Seven of eight directors are independent
38% of the Board is female
14% racial/ethnic diversity
Since 2016, 88% Board refreshment
The positions of CEO and Chairperson of the Board are held separately
Average tenure is approximately 6 years
Average age of our directors is 66
Directors cannot be nominated for re-election after their 75th birthday
Hecla’s business units identify and manage business risks, and our management provides updates via business reports at meetings of the Board and its committees throughout the year.
The Board has established five committees and has developed charters which outlines their key risk oversight and responsibilities.
Chairperson
Rob Krcmarov
The Governance and Social Responsibility Committee (GSR) is responsible for overseeing corporate governance and ESG risks and opportunities. In addition, the Health, Safety, Environmental and Technical Committee (HSET) supports the furtherance of Hecla’s commitment to adopt best practices in mining operations, promote a healthy and safe work environment and advance environmentally sound and socially responsible resource development.
At the executive level, the Vice President – Corporate Development and Sustainability reports directly to the CEO and is responsible for implementing the Company’s sustainability program, specifically the community relations, environmental and social aspects of ESG, while the Board focuses on governance aspects.
At the local level, the Company has risk assessment and mitigation measures in place at each operation, and the Vice President – General Managers are responsible for ensuring continuous improvement toward sustainability goals.
Shareholders or other interested parties wishing to communicate with the Chair or with the non-management directors as a group, may do so by delivering or mailing the communication in writing to:
Chair of the Board
c/o Corporate Secretary
Hecla Mining Company
6500 N Mineral Dr., Suite 200
Coeur d’Alene, Idaho 83815-9408
Concerns relating to accounting, internal controls or auditing matters are immediately brought to the attention of our internal auditor and handled in accordance with procedures established by the Audit Committee with respect to such matters. From time to time, the Board may change the process in which shareholders may communicate with the Board or its members.
