VersaBank

TSX:VBNK Stock Report

Mkt Cap: CA$284.5m

VersaBank Management

How experienced are the management team and are they aligned to shareholders interests?

5.1yrs

Average management tenure

CEO

David Taylor (69 yo)

30.08yrs

Tenure

CA$2,470,834

Compensation

Mr. David Roy Taylor, B.Sc., M.B.A., FICB, PPL has been the President and Chief Executive Officer at VersaBank since January 18, 1993 and has been its Director since January 18, 1993. He has been the Presi...

CEO Compensation Analysis

How has David Taylor's remuneration changed compared to VersaBank's earnings?
DateTotal Comp.SalaryCompany Earnings
Oct 31 2022n/an/a

CA$22m

Jul 31 2022n/an/a

CA$21m

Apr 30 2022n/an/a

CA$21m

Jan 31 2022n/an/a

CA$21m

Oct 31 2021CA$2mCA$650k

CA$21m

Jul 31 2021n/an/a

CA$19m

Apr 30 2021n/an/a

CA$18m

Jan 31 2021n/an/a

CA$17m

Oct 31 2020CA$2mCA$632k

CA$17m

Jul 31 2020n/an/a

CA$18m

Apr 30 2020n/an/a

CA$18m

Jan 31 2020n/an/a

CA$18m

Oct 31 2019CA$2mCA$612k

CA$18m

Jul 31 2019n/an/a

CA$18m

Apr 30 2019n/an/a

CA$17m

Jan 31 2019n/an/a

CA$17m

Oct 31 2018CA$2mCA$594k

CA$16m

Jul 31 2018n/an/a

CA$14m

Apr 30 2018n/an/a

CA$12m

Jan 31 2018n/an/a

CA$9m

Oct 31 2017CA$2mCA$573k

CA$17m

Jul 31 2017n/an/a

CA$16m

Apr 30 2017n/an/a

CA$16m

Jan 31 2017n/an/a

CA$16m

Oct 31 2016CA$2mCA$559k

CA$6m

Compensation vs Market: David's total compensation ($USD1.86M) is above average for companies of similar size in the Canadian market ($USD640.74K).

Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.

Leadership Team

NamePositionTenureCompensationOwnership
David Taylor
President30.08yrsCA$2.47m4.36%
CA$ 12.4m
R. Clarke
Chief Financial Officer6.08yrsCA$919.86k0.066%
CA$ 188.1k
Nikola Kristo
Chief Credit Officerno dataCA$682.04k0.039%
CA$ 109.7k
Michael Dixon
Senior Vice President of Point-of-Sale Financing5.92yrsCA$674.51k0.038%
CA$ 106.9k
Wooi Koay
Chief Information Officer2.5yrsno data0.017%
CA$ 48.9k
Brent Hodge
Senior VP2.08yrsno data0.054%
CA$ 153.6k
Jonathan Francis Taylor
Chief Human Resources Officerno dataCA$586.52k0.086%
CA$ 244.8k
Telemaco Matrundola
Chief Strategist of Cyber Security5.92yrsno data0.18%
CA$ 522.4k
Scott Mizzen
Senior Vice President of Commercial Lending1.08yrsno data0.015%
CA$ 43.9k
Joanne Johnston
Chief Internal Auditorno datano data0.061%
CA$ 173.2k
Gurpreet Sahota
Chief Architect of Cyber Security5.08yrsno data0.054%
CA$ 154.7k
Tammie Ashton
Chief Risk Officer2.75yrsno data0.0015%
CA$ 4.2k

5.1yrs

Average Tenure

62yo

Average Age

Experienced Management: VBNK's management team is seasoned and experienced (5.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Taylor
President30.08yrsCA$2.47m4.36%
CA$ 12.4m
Robbert-Jan Brabander
Independent Director13.25yrsCA$101.26k0.20%
CA$ 563.3k
David Bratton
Independent Director29.42yrsCA$71.68k0.11%
CA$ 327.1k
Thomas Hockin
Independent Chairman of the Board8.5yrsCA$160.08k0.11%
CA$ 309.9k
Richard H. Jankura
Independent Director0.75yrno data0.0092%
CA$ 26.1k
Paul Oliver
Independent Director17.67yrsCA$103.37k0.20%
CA$ 571.4k
Susan McGovern
Independent Director11.75yrsCA$88.62k0.12%
CA$ 334.4k
Gabrielle Bochynek
Independent Director3.83yrsCA$68.80k0.033%
CA$ 94.5k
Arthur Linton
Independent Director2.83yrsCA$62.67k0.026%
CA$ 73.2k
Peter Irwin
Independent Director2.08yrsCA$81.97k0.051%
CA$ 145.3k

10.1yrs

Average Tenure

76yo

Average Age

Experienced Board: VBNK's board of directors are seasoned and experienced ( 10.1 years average tenure).