Pierre Beaudoin
Coeur MiningAbout Pierre Beaudoin
Independent director at Coeur Mining (CDE) since 2025, appointed effective February 14, 2025 following Coeur’s acquisition of SilverCrest Metals. Age 61; a mineral processing professional with 40 years of extractive industry experience, including senior operating and capital projects leadership. Education: Mineral Processing degree (Abitibi‑Témiscamingue College, 1984) and Advanced Executive Certificate in Management (Queen’s University, 2016) .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| SilverCrest Metals Inc. | Chief Operating Officer | Nov 2018 – Jan 2024 | Led technical studies, construction and ramp‑up of Las Chispas . |
| SilverCrest Metals Inc. | Director | Jun 2018 – Nov 2018; Feb 2024 – Feb 2025 | Joined Coeur board as part of commitment to add two SilverCrest directors post‑acquisition . |
| Detour Gold Corporation | Chief Operating Officer | Jan 2013 – Jul 2017 | Senior operating leadership in gold mining . |
| Detour Gold Corporation | SVP, Capital Projects | Jan 2010 – Dec 2012 | Oversaw capital project execution . |
| Barrick Gold Corporation | Senior capital project management roles | Sep 2004 – Jan 2010 | International project development experience . |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Radisson Mining Resources, Inc. | Chairman of the Board | Since Jul 2024 | Current public company board; “Other Public Company Boards: 1” for Beaudoin . |
Board Governance
- Committee assignments: Environmental, Health, Safety & Corporate Responsibility (EHSCR) Committee member; Finance & Technical (F&T) Committee member .
- Independence: The Board determined Beaudoin (and all non‑CEO directors) are independent under NYSE standards and Coeur’s guidelines .
- Attendance/engagement: Board met 8 times in 2024; incumbents had ≥95% attendance. Non‑management directors held executive sessions at least 8 times in 2024. Beaudoin joined in 2025 (2024 attendance not applicable) .
- Committee focus relevant to Beaudoin’s expertise:
- EHSCR: oversight of environmental permitting/compliance, safety and health, climate risk, and corporate responsibility goals .
- F&T: oversight of capital assets and financing strategy, major projects and acquisitions, reserves/resources estimation and technical matters .
- Lead Independent Director structure in place; independent directors oversee key matters including compensation, governance and risk .
Fixed Compensation
| Component | Amount/Terms | Notes |
|---|---|---|
| Annual cash retainer (non‑employee director) | $90,000 | 2024 structure; directors’ fees are pro‑rated for partial years; no meeting fees . |
| Annual equity retainer (stock or DSUs) | $100,000 | Directors may elect deferred stock units (deliverable 60 days after separation) . |
| Lead Independent Director retainer | $25,000 | Effective May 2024 . |
| Committee Chair fees | Audit $25,000; CLD $25,000; EHSCR $25,000; F&T $20,000; NCG $15,000 | Fully disclosed chair retainers . |
| CEO director fees | $0 | CEO receives no director compensation . |
Director awards are fully vested upon grant; no unexercised/unvested director equity outstanding as of year‑end 2024 .
Performance Compensation
| Performance Metrics Tied to Director Pay | Disclosure |
|---|---|
| None disclosed for non‑employee directors | Director compensation is retainer‑based (cash and equity); no director performance metric framework disclosed . |
Other Directorships & Interlocks
| Relationship | Detail | Governance Consideration |
|---|---|---|
| SilverCrest → Coeur | Beaudoin and N. Eric Fier added to Coeur’s Board per acquisition commitment following Coeur’s purchase of SilverCrest in Feb 2025 | Integration is an identified risk factor; Board refresh adds relevant skills while maintaining independence . |
| Public company board count | Beaudoin: 1 other public board (Radisson) | Coeur overboarding policy limits directors to ≤4 public boards (≤2 if a public company executive) . |
Expertise & Qualifications
- 40 years in mining operations and project development; led Las Chispas build/ramp at SilverCrest; senior capital projects at Detour and Barrick .
- Mineral Processing degree; advanced executive training at Queen’s University .
- Alignment with EHSCR and F&T committee mandates (operating excellence, capital allocation, technical oversight) .
Equity Ownership
| Holder | Shares Beneficially Owned | Percent of Outstanding | As‑of |
|---|---|---|---|
| Pierre Beaudoin | 163,568 | * (<1%) | March 5, 2025 . |
- Director stock ownership guideline: 5x base annual director cash retainer; five‑year phase‑in for new directors; each director has met or is within the compliance period. Hedging and pledging are prohibited; directors cannot hold Coeur securities in margin accounts or as collateral .
Governance Assessment
-
Strengths supporting investor confidence:
- Independent status; committees composed entirely of independent directors; robust executive‑session practice .
- Clear committee alignment with Beaudoin’s technical and operating background (EHSCR and F&T) .
- Transparent director pay structure with equity retainer and strong ownership guidelines; hedging/pledging prohibited; clawback policy in place (applies to officers) .
- No related person transactions since beginning of 2024; annual related‑party review process .
- Strong say‑on‑pay support (over 96% in 2024) indicating shareholder alignment on compensation governance .
-
Watch items / potential conflicts:
- Post‑acquisition integration risk identified explicitly by Coeur; Beaudoin’s prior SilverCrest leadership is value‑add but warrants ongoing independence and transaction oversight (Board notes all directors other than CEO are independent) .
- Equity overhang would increase from 3.5% to 8.4% if LTIP Second Amendment is approved—dilution considerations for long‑term alignment, though rationale is to maintain majority equity compensation and market competitiveness .
Board met 8 times in 2024 with ≥95% attendance by incumbents; Beaudoin’s attendance will be evaluated starting with 2025 meetings .