Knowledge of density-dependent responses of fish populations to exploitation is important for the sustainable management of fisheries and in structuring fish populations to meet angler desires. To better understand the densitydependent responses of Walleye Sander vitreus to exploitation, we conducted a 10-year, 50% annual exploitation experiment on Sherman Lake, Wisconsin, during 2007-2016. In the following order, annual exploitation goals were met through liberalized recreational angling regulations, tribal spearfishing, and physical removals (if necessary). Response variables included total and sex-specific adult density, age-0 and age-1 relative abundance, age-0 to age-1 survival, length at maturity, individual growth, and population size structure. To control for environmental and interannual influences on adult density and recruitment, unexploited Escanaba Lake, Wisconsin, was used as a reference system. Total and sex-specific adult density and age-0 relative abundance did not differ between Sherman and Escanaba lakes. Age-1 relative abundance was significantly higher and more variable under elevated exploitation compared with the reference lake. Age-0 to age-1 survival significantly increased between pretreatment and elevated-exploitation time periods. Sex-specific length at maturity significantly declined between pretreatment and elevated-exploitation time periods. Mean juvenile length at age increased, male asymptotic length declined, and the proportional size distribution of quality-sized Walleye declined between pretreatment and elevated-exploitation time periods. Our results suggest that compensatory age-0 to age-1 survival and declines in length at maturity interacted to offset elevatedexploitation effects on adult density. Likewise, density-dependent growth responses were most evident in juveniles. Although the Sherman Lake Walleye population appeared resilient to elevated exploitation, we caution that this level of long-term exploitation is likely not sustainable for most Walleye populations due to the findings of previous exploitation studies and observations of depensatory recruitment dynamics in Walleye.