Ballard Power Systems Management
Management criteria checks 2/4
Ballard Power Systems' CEO is Randy MacEwen, appointed in Oct 2014, has a tenure of 10.17 years. total yearly compensation is $2.27M, comprised of 19.9% salary and 80.1% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth CA$729.08K. The average tenure of the management team and the board of directors is 2.3 years and 5.5 years respectively.
Key information
Randy MacEwen
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 19.9% |
| CEO tenure | 10.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.3yrs |
| Board average tenure | 5.5yrs |
Recent management updates
Recent updates
Ballard Power Systems Inc. (TSE:BLDP) Looks Just Right With A 28% Price Jump
Dec 10
We're Hopeful That Ballard Power Systems (TSE:BLDP) Will Use Its Cash Wisely
Sep 09Shareholders Should Be Pleased With Ballard Power Systems Inc.'s (TSE:BLDP) Price
Aug 09Risks To Shareholder Returns Are Elevated At These Prices For Ballard Power Systems Inc. (TSE:BLDP)
Apr 16Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans
Mar 01Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans
Nov 14Ballard Power Systems (TSE:BLDP) Is In A Good Position To Deliver On Growth Plans
Aug 12Time To Worry? Analysts Just Downgraded Their Ballard Power Systems Inc. (TSE:BLDP) Outlook
Mar 22We're Hopeful That Ballard Power Systems (TSE:BLDP) Will Use Its Cash Wisely
Dec 21Some Analysts Just Cut Their Ballard Power Systems Inc. (TSE:BLDP) Estimates
Nov 16Here's Why We're Not Too Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Situation
Sep 20News Flash: 21 Analysts Think Ballard Power Systems Inc. (TSE:BLDP) Earnings Are Under Threat
Aug 16Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth
May 22Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth
Feb 12Companies Like Ballard Power Systems (TSE:BLDP) Are In A Position To Invest In Growth
Oct 26We Think Ballard Power Systems (TSE:BLDP) Can Afford To Drive Business Growth
Jul 13Who Has Been Selling Ballard Power Systems Inc. (TSE:BLDP) Shares?
Feb 15What Kind Of Investors Own Most Of Ballard Power Systems Inc. (TSE:BLDP)?
Jan 11
Here's Why We're Not Too Worried About Ballard Power Systems' (TSE:BLDP) Cash Burn Situation
Dec 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$326m |
| Jun 30 2024 | n/a | n/a | -US$156m |
| Mar 31 2024 | n/a | n/a | -US$153m |
| Dec 31 2023 | US$2m | US$453k | -US$144m |
| Sep 30 2023 | n/a | n/a | -US$117m |
| Jun 30 2023 | n/a | n/a | -US$125m |
| Mar 31 2023 | n/a | n/a | -US$152m |
| Dec 31 2022 | US$2m | US$443k | -US$160m |
| Sep 30 2022 | n/a | n/a | -US$183m |
| Jun 30 2022 | n/a | n/a | -US$171m |
| Mar 31 2022 | n/a | n/a | -US$137m |
| Dec 31 2021 | US$2m | US$474k | -US$114m |
| Sep 30 2021 | n/a | n/a | -US$85m |
| Jun 30 2021 | n/a | n/a | -US$65m |
| Mar 31 2021 | n/a | n/a | -US$54m |
| Dec 31 2020 | US$2m | US$487k | -US$49m |
| Sep 30 2020 | n/a | n/a | -US$45m |
| Jun 30 2020 | n/a | n/a | -US$40m |
| Mar 31 2020 | n/a | n/a | -US$36m |
| Dec 31 2019 | US$1m | US$426k | -US$35m |
| Sep 30 2019 | n/a | n/a | -US$37m |
| Jun 30 2019 | n/a | n/a | -US$36m |
| Mar 31 2019 | n/a | n/a | -US$34m |
| Dec 31 2018 | US$1m | US$399k | -US$27m |
| Sep 30 2018 | n/a | n/a | -US$19m |
| Jun 30 2018 | n/a | n/a | -US$14m |
| Mar 31 2018 | n/a | n/a | -US$11m |
| Dec 31 2017 | US$2m | US$430k | -US$8m |
Compensation vs Market: Randy's total compensation ($USD2.27M) is above average for companies of similar size in the Canadian market ($USD1.18M).
Compensation vs Earnings: Randy's compensation has increased whilst the company is unprofitable.
CEO
Randy MacEwen (55 yo)
10.2yrs
Tenure
US$2,270,975
Compensation
Mr. R. Randall MacEwen, also known as Randy, serves as Director at Brookfield Renewable Corporation since November 5, 2021 and serves as its Independent Director since 2022. He has been the Chief Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 10.2yrs | US$2.27m | 0.11% CA$ 729.1k | |
| Senior VP & COO | 1.9yrs | US$823.83k | 0% CA$ 0 | |
| Senior VP & Chief Commercial Officer | 2.6yrs | US$707.81k | 0.00083% CA$ 5.5k | |
| Senior VP & Chief Engineering Officer | 2.3yrs | US$788.73k | 0.00053% CA$ 3.5k | |
| Senior VP & CFO | less than a year | no data | no data | |
| VP Corporate Finance & Investor Relations | no data | no data | no data | |
| Senior VP & CTO | 8.8yrs | US$521.59k | 0.024% CA$ 158.7k | |
| General Counsel & Corporate Secretary | no data | no data | 0.0030% CA$ 20.0k | |
| Vice President of Marketing & Strategic Partnerships | no data | no data | no data | |
| Senior VP and Chief People & Culture Officer | 2.2yrs | US$417.75k | 0.017% CA$ 111.1k | |
| Senior VP & Chief Transformation Officer | less than a year | no data | 0.0048% CA$ 31.8k | |
| President & CEO of Europe | 3.8yrs | US$544.63k | no data |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Management: BLDP's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 10.2yrs | US$2.27m | 0.11% CA$ 729.1k | |
| Independent Director | 3yrs | US$99.81k | 0.00033% CA$ 2.2k | |
| Director | less than a year | no data | no data | |
| Independent Director | 3.3yrs | US$114.53k | no data | |
| Independent Non-Executive Chairman of the Board | 9.9yrs | US$133.78k | 0.017% CA$ 110.0k | |
| Independent Director | 9yrs | US$105.47k | 0% CA$ 0 | |
| Independent Director | 12.9yrs | US$114.91k | 0.0017% CA$ 11.0k | |
| Independent Director | 7.7yrs | US$111.13k | no data | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
5.5yrs
Average Tenure
61.5yo
Average Age
Experienced Board: BLDP's board of directors are considered experienced (5.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:16 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ballard Power Systems Inc. is covered by 44 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ameet Thakkar | BMO Capital Markets Equity Research |
| Walter Brooks Idlet | CFRA Equity Research |
| Hamir Patel | CIBC Capital Markets |