Finning International Management

Management criteria checks 2/4

Finning International's CEO is Kevin Parkes, appointed in Nov 2022, has a tenure of 2.58 years. total yearly compensation is CA$6.73M, comprised of 16% salary and 84% bonuses, including company stock and options. directly owns 0.039% of the company’s shares, worth CA$2.84M. The average tenure of the management team and the board of directors is 0.4 years and 3.1 years respectively.

Key information

Kevin Parkes

Chief executive officer

CA$6.7m

Total compensation

CEO salary percentage15.97%
CEO tenure2.6yrs
CEO ownership0.04%
Management average tenureless than a year
Board average tenure3.1yrs

Recent management updates

Most Shareholders Will Probably Find That The CEO Compensation For Finning International Inc. (TSE:FTT) Is Reasonable

May 07
Most Shareholders Will Probably Find That The CEO Compensation For Finning International Inc. (TSE:FTT) Is Reasonable

Recent updates

Estimating The Intrinsic Value Of Finning International Inc. (TSE:FTT)

Jun 12
Estimating The Intrinsic Value Of Finning International Inc. (TSE:FTT)

Finning International (TSE:FTT) Will Pay A Larger Dividend Than Last Year At CA$0.3025

May 16
Finning International (TSE:FTT) Will Pay A Larger Dividend Than Last Year At CA$0.3025

What Finning International Inc.'s (TSE:FTT) 28% Share Price Gain Is Not Telling You

May 14
What Finning International Inc.'s (TSE:FTT) 28% Share Price Gain Is Not Telling You

Most Shareholders Will Probably Find That The CEO Compensation For Finning International Inc. (TSE:FTT) Is Reasonable

May 07
Most Shareholders Will Probably Find That The CEO Compensation For Finning International Inc. (TSE:FTT) Is Reasonable

Returns At Finning International (TSE:FTT) Are On The Way Up

May 04
Returns At Finning International (TSE:FTT) Are On The Way Up

Is Finning International Inc. (TSE:FTT) Potentially Undervalued?

Apr 06
Is Finning International Inc. (TSE:FTT) Potentially Undervalued?

Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?

Feb 27
Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?

Finning International Inc.'s (TSE:FTT) Earnings Are Not Doing Enough For Some Investors

Jan 16
Finning International Inc.'s (TSE:FTT) Earnings Are Not Doing Enough For Some Investors
author-image

Booming South American Mining And Data Center Demand Propel Growth And Profits

Continued demand in South America's mining sector and investments in capacity are expected to enhance revenue, margins, and earnings growth.

Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 43% Above Its Share Price

Dec 19
Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 43% Above Its Share Price

Finning International (TSE:FTT) Is Doing The Right Things To Multiply Its Share Price

Dec 06
Finning International (TSE:FTT) Is Doing The Right Things To Multiply Its Share Price

Should You Think About Buying Finning International Inc. (TSE:FTT) Now?

Nov 14
Should You Think About Buying Finning International Inc. (TSE:FTT) Now?

Finning International Inc. (TSE:FTT) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 01
Finning International Inc. (TSE:FTT) Looks Inexpensive But Perhaps Not Attractive Enough

Finning International (TSE:FTT) Has A Somewhat Strained Balance Sheet

Sep 17
Finning International (TSE:FTT) Has A Somewhat Strained Balance Sheet

Finning International (TSE:FTT) Knows How To Allocate Capital Effectively

Aug 22
Finning International (TSE:FTT) Knows How To Allocate Capital Effectively

Is Now An Opportune Moment To Examine Finning International Inc. (TSE:FTT)?

Jul 17
Is Now An Opportune Moment To Examine Finning International Inc. (TSE:FTT)?

CEO Compensation Analysis

How has Kevin Parkes's remuneration changed compared to Finning International's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

CA$492m

Dec 31 2024CA$7mCA$1m

CA$509m

Sep 30 2024n/an/a

CA$453m

Jun 30 2024n/an/a

CA$506m

Mar 31 2024n/an/a

CA$510m

Dec 31 2023CA$6mCA$1m

CA$523m

Sep 30 2023n/an/a

CA$574m

Jun 30 2023n/an/a

CA$567m

Mar 31 2023n/an/a

CA$545m

Dec 31 2022CA$2mCA$751k

CA$503m

Sep 30 2022n/an/a

CA$471m

Jun 30 2022n/an/a

CA$421m

Mar 31 2022n/an/a

CA$386m

Dec 31 2021CA$2mCA$614k

CA$364m

Sep 30 2021n/an/a

CA$332m

Jun 30 2021n/an/a

CA$321m

Mar 31 2021n/an/a

CA$248m

Dec 31 2020CA$2mCA$523k

CA$232m

Sep 30 2020n/an/a

CA$210m

Jun 30 2020n/an/a

CA$198m

Mar 31 2020n/an/a

CA$268m

Dec 31 2019CA$2mCA$535k

CA$242m

Sep 30 2019n/an/a

CA$247m

Jun 30 2019n/an/a

CA$196m

Mar 31 2019n/an/a

CA$189m

Dec 31 2018CA$1mCA$426k

CA$232m

Compensation vs Market: Kevin's total compensation ($USD4.92M) is about average for companies of similar size in the Canadian market ($USD4.70M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Kevin Parkes (50 yo)

2.6yrs
Tenure
CA$6,734,158
Compensation

Mr. Kevin Parkes has been Chief Executive Officer, President and Non-Independent Director of Finning International Inc. since November 16, 2022. He had been President of Finning Canada at Finning Internati...


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Parkes
CEO, President & Non-Independent Director2.6yrsCA$6.73m0.039%
CA$ 2.8m
David F. Primrose
EVP, CFO & Chief Development Officerno dataCA$2.23m0.022%
CA$ 1.6m
Greg Palaschuk
Executive Officerno dataCA$2.75m0.036%
CA$ 2.7m
Juan Amar
President of Finning South America5.4yrsCA$2.10m0.027%
CA$ 1.9m
Tim Ferwerda
President of Finning Canadaless than a yearCA$1.67m0.010%
CA$ 738.1k
Dori Assaly
General Counsel and Corporate Secretaryno datano datano data
Gary Megarrell
Managing Director of UK and Irelandless than a yearno datano data
0.4yrs
Average Tenure

Experienced Management: FTT's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kevin Parkes
CEO, President & Non-Independent Director2.6yrsCA$6.73m0.039%
CA$ 2.8m
Mary Kelley
Independent Director7.4yrsCA$261.00k0.039%
CA$ 2.8m
Edward Seraphim
Independent Director6.4yrsCA$261.28k0.0010%
CA$ 76.0k
Nancy Tower
Independent Director3.1yrsCA$262.52k0.00052%
CA$ 38.0k
John Rhind
Independent Director1.4yrsCA$248.00kno data
Charles Ruigrok
Independent Chairman of the Board1.8yrsCA$268.00kno data
Andres Kuhlmann
Independent Director5.6yrsCA$274.00kno data
Manjit Sharma
Independent Director3.1yrsCA$254.00kno data
Michael Putnam
Independent Director1.1yrsCA$165.52kno data
3.1yrs
Average Tenure
65yo
Average Age

Experienced Board: FTT's board of directors are considered experienced (3.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/19 04:15
End of Day Share Price 2025/06/19 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Finning International Inc. is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Devin DodgeBMO Capital Markets Equity Research
null nullBMO Capital Markets Equity Research
Sherif El-SabbahyBofA Global Research