Finning International Management
Management criteria checks 3/4
Finning International's CEO is Kevin Parkes, appointed in Nov 2022, has a tenure of 1.42 years. total yearly compensation is CA$5.56M, comprised of 18% salary and 82% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth CA$1.74M. The average tenure of the management team and the board of directors is 4.1 years and 5.8 years respectively.
Key information
Kevin Parkes
Chief executive officer
CA$5.6m
Total compensation
| CEO salary percentage | 18.0% |
| CEO tenure | 1.4yrs |
| CEO ownership | 0.03% |
| Management average tenure | 4.1yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Is It Too Late To Consider Buying Finning International Inc. (TSE:FTT)?
Apr 12
Why Investors Shouldn't Be Surprised By Finning International Inc.'s (TSE:FTT) Low P/E
Mar 01Is There An Opportunity With Finning International Inc.'s (TSE:FTT) 40% Undervaluation?
Jan 23When Should You Buy Finning International Inc. (TSE:FTT)?
Jan 10Finning International (TSE:FTT) Could Become A Multi-Bagger
Dec 26These 4 Measures Indicate That Finning International (TSE:FTT) Is Using Debt Extensively
Nov 29Here's Why We Think Finning International (TSE:FTT) Is Well Worth Watching
Nov 01Is There Now An Opportunity In Finning International Inc. (TSE:FTT)?
Sep 18Shareholders Would Enjoy A Repeat Of Finning International's (TSE:FTT) Recent Growth In Returns
Sep 03Finning International Inc. (TSE:FTT) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 08Is Now The Time To Look At Buying Finning International Inc. (TSE:FTT)?
Jun 20Finning International (TSE:FTT) Is Increasing Its Dividend To CA$0.25
May 13Is Now The Time To Put Finning International (TSE:FTT) On Your Watchlist?
May 03Does Finning International (TSE:FTT) Have A Healthy Balance Sheet?
Apr 04Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 67% Above Its Share Price
Mar 22We Think Finning International (TSE:FTT) Might Have The DNA Of A Multi-Bagger
Mar 09Is Finning International Inc. (TSE:FTT) Potentially Undervalued?
Feb 09Do Finning International's (TSE:FTT) Earnings Warrant Your Attention?
Jan 26Is Finning International (TSE:FTT) Using Too Much Debt?
Dec 26Finning International Inc.'s (TSE:FTT) Intrinsic Value Is Potentially 71% Above Its Share Price
Dec 12There's Been No Shortage Of Growth Recently For Finning International's (TSE:FTT) Returns On Capital
Nov 25Should You Be Adding Finning International (TSE:FTT) To Your Watchlist Today?
Oct 25What Is Finning International Inc.'s (TSE:FTT) Share Price Doing?
Oct 12Finning International (TSE:FTT) Seems To Use Debt Quite Sensibly
Sep 16Returns Are Gaining Momentum At Finning International (TSE:FTT)
Aug 25Is Finning International Inc. (TSE:FTT) Trading At A 43% Discount?
Aug 14If EPS Growth Is Important To You, Finning International (TSE:FTT) Presents An Opportunity
Jul 19Is Now An Opportune Moment To Examine Finning International Inc. (TSE:FTT)?
Jul 01We Think Finning International (TSE:FTT) Can Stay On Top Of Its Debt
May 31Finning International (TSE:FTT) Has Announced That It Will Be Increasing Its Dividend To CA$0.24
May 13Finning International's (TSE:FTT) Returns On Capital Are Heading Higher
May 10Is Now The Time To Put Finning International (TSE:FTT) On Your Watchlist?
Apr 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$6m | CA$1m | CA$523m |
| Sep 30 2023 | n/a | n/a | CA$574m |
| Jun 30 2023 | n/a | n/a | CA$567m |
| Mar 31 2023 | n/a | n/a | CA$545m |
| Dec 31 2022 | CA$2m | CA$751k | CA$503m |
| Sep 30 2022 | n/a | n/a | CA$471m |
| Jun 30 2022 | n/a | n/a | CA$421m |
| Mar 31 2022 | n/a | n/a | CA$386m |
| Dec 31 2021 | CA$2m | CA$614k | CA$364m |
| Sep 30 2021 | n/a | n/a | CA$332m |
| Jun 30 2021 | n/a | n/a | CA$321m |
| Mar 31 2021 | n/a | n/a | CA$248m |
| Dec 31 2020 | CA$2m | CA$523k | CA$232m |
| Sep 30 2020 | n/a | n/a | CA$210m |
| Jun 30 2020 | n/a | n/a | CA$198m |
| Mar 31 2020 | n/a | n/a | CA$268m |
| Dec 31 2019 | CA$2m | CA$535k | CA$242m |
| Sep 30 2019 | n/a | n/a | CA$247m |
| Jun 30 2019 | n/a | n/a | CA$196m |
| Mar 31 2019 | n/a | n/a | CA$189m |
| Dec 31 2018 | CA$1m | CA$426k | CA$232m |
| Sep 30 2018 | n/a | n/a | CA$241m |
| Jun 30 2018 | n/a | n/a | CA$266m |
| Mar 31 2018 | n/a | n/a | CA$240m |
| Dec 31 2017 | CA$1m | CA$385k | CA$216m |
Compensation vs Market: Kevin's total compensation ($USD4.07M) is about average for companies of similar size in the Canadian market ($USD3.58M).
Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.
CEO
Kevin Parkes (48 yo)
1.4yrs
Tenure
CA$5,562,974
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Director | 1.4yrs | CA$5.56m | 0.029% CA$ 1.7m | |
| Executive VP & CFO | 4.1yrs | CA$2.59m | 0.032% CA$ 1.9m | |
| Managing Director of UK & Ireland Business | 2.7yrs | CA$1.44m | 0.0095% CA$ 567.6k | |
| President of Finning Canada | 2.4yrs | CA$2.34m | 0.019% CA$ 1.1m | |
| President of Finning South America | 4.3yrs | CA$1.88m | 0.024% CA$ 1.4m | |
| Executive VP | 8yrs | no data | 0.0083% CA$ 495.6k | |
| Senior Vice President of Strategic Planning & Business Development | 8.3yrs | no data | no data | |
| Executive Vice President of Global Supply Chain | 3.9yrs | no data | no data | |
| Senior VP & Corporate Controller | 20.9yrs | no data | 0.023% CA$ 1.4m | |
| Senior Legal Counsel & Corporate Secretary | no data | no data | no data |
4.1yrs
Average Tenure
Experienced Management: FTT's management team is considered experienced (4.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Director | 1.4yrs | CA$5.56m | 0.029% CA$ 1.7m | |
| Independent Director | 6.3yrs | CA$269.50k | no data | |
| Independent Director | 8.1yrs | CA$280.50k | no data | |
| Independent Director | 6.8yrs | CA$410.00k | 0.035% CA$ 2.1m | |
| Independent Director | 7.4yrs | CA$246.63k | 0.011% CA$ 631.8k | |
| Independent Director | 5.3yrs | CA$245.00k | 0.00098% CA$ 58.8k | |
| Independent Director | 1.9yrs | CA$249.50k | 0.00049% CA$ 29.4k | |
| Independent Director | 9.9yrs | CA$278.50k | no data | |
| Independent Chairman | 16.6yrs | CA$249.50k | 0.0070% CA$ 421.2k | |
| Independent Director | less than a year | CA$99.84k | no data | |
| Independent Director | 4.4yrs | CA$299.00k | no data | |
| Independent Director | 1.9yrs | CA$163.50k | no data |
5.8yrs
Average Tenure
64.5yo
Average Age
Experienced Board: FTT's board of directors are considered experienced (5.8 years average tenure).