Abstract: The EVA (Economic value added)-based executive compensation motivation mode of the listed coal enterprises was proposed herein. According to the design thoughts, including the motivation objective to realize firm value maximization, integration between short-term motivation and long-term motivation, and relative performance motivation, the executive annual compensation income model, the compensation bank, and the annual compensation payment model were specifically designed, and the parameters ascertaining methods in the models were also proposed. The Analysis shows that the models comprise the motivation mechanism from four aspects: benefit-seeking consistency between executives and shareholders, enough awards changeability to executives, real motivation to the executive performance, and reasonable level of the agent costs.