Magellan Aerospace Management
Management criteria checks 4/4
Magellan Aerospace's CEO is Phil Underwood, appointed in May 2014, has a tenure of 10.58 years. total yearly compensation is CA$1.01M, comprised of 56.4% salary and 43.6% bonuses, including company stock and options. directly owns 0.003% of the company’s shares, worth CA$18.02K. The average tenure of the management team and the board of directors is 7.8 years and 11.1 years respectively.
Key information
Phil Underwood
Chief executive officer
CA$1.0m
Total compensation
| CEO salary percentage | 56.4% |
| CEO tenure | 10.6yrs |
| CEO ownership | 0.003% |
| Management average tenure | 7.8yrs |
| Board average tenure | 11.1yrs |
Recent management updates
Recent updates
Magellan Aerospace (TSE:MAL) Has A Pretty Healthy Balance Sheet
Dec 20
We Think Magellan Aerospace (TSE:MAL) Can Stay On Top Of Its Debt
Aug 08Magellan Aerospace (TSE:MAL) Has Announced A Dividend Of CA$0.025
Mar 07Magellan Aerospace (TSE:MAL) Will Pay A Dividend Of CA$0.025
Nov 09Magellan Aerospace's (TSE:MAL) Dividend Will Be Reduced To CA$0.025
May 26Magellan Aerospace's (TSE:MAL) Shareholders Will Receive A Smaller Dividend Than Last Year
May 06Magellan Aerospace (TSE:MAL) Is Reducing Its Dividend To CA$0.025
Mar 09Is Magellan Aerospace Corporation (TSE:MAL) Trading At A 46% Discount?
Jan 03Magellan Aerospace (TSE:MAL) Has Announced That Its Dividend Will Be Reduced To CA$0.025
Dec 01Magellan Aerospace (TSE:MAL) Is Paying Out Less In Dividends Than Last Year
Nov 17Would Magellan Aerospace (TSE:MAL) Be Better Off With Less Debt?
Nov 10Magellan Aerospace (TSE:MAL) Is Reducing Its Dividend To CA$0.05
Aug 26Magellan Aerospace's (TSE:MAL) Dividend Will Be Reduced To CA$0.05
Aug 11Magellan Aerospace's (TSE:MAL) Dividend Is Being Reduced To CA$0.08
May 26Magellan Aerospace's (TSE:MAL) Dividend Is Being Reduced To CA$0.08
May 12Magellan Aerospace (TSE:MAL) Has Affirmed Its Dividend Of CA$0.10
Dec 03Magellan Aerospace (TSE:MAL) Will Pay A Dividend Of CA$0.10
Nov 11Magellan Aerospace (TSE:MAL) Is Due To Pay A Dividend Of CA$0.10
Aug 26It Looks Like Magellan Aerospace Corporation's (TSE:MAL) CEO May Expect Their Salary To Be Put Under The Microscope
Apr 28Is It Time To Consider Buying Magellan Aerospace Corporation (TSE:MAL)?
Apr 02We Think You Can Look Beyond Magellan Aerospace's (TSE:MAL) Lackluster Earnings
Mar 18Magellan Aerospace (TSE:MAL) Shareholders Have Enjoyed A 83% Share Price Gain
Mar 17How Well Is Magellan Aerospace (TSE:MAL) Allocating Its Capital?
Mar 02Is Magellan Aerospace Corporation (TSE:MAL) Trading At A 42% Discount?
Feb 15
Magellan Aerospace (TSE:MAL) Seems To Use Debt Quite Sensibly
Feb 02Should Magellan Aerospace Corporation (TSE:MAL) Be Part Of Your Dividend Portfolio?
Jan 19What Kind Of Shareholders Hold The Majority In Magellan Aerospace Corporation's (TSE:MAL) Shares?
Jan 06When Should You Buy Magellan Aerospace Corporation (TSE:MAL)?
Dec 24Only Four Days Left To Cash In On Magellan Aerospace's (TSE:MAL) Dividend
Dec 11Here's What We Make Of Magellan Aerospace's (TSE:MAL) Returns On Capital
Nov 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$19m |
| Jun 30 2024 | n/a | n/a | CA$17m |
| Mar 31 2024 | n/a | n/a | CA$12m |
| Dec 31 2023 | CA$1m | CA$568k | CA$9m |
| Sep 30 2023 | n/a | n/a | -CA$11m |
| Jun 30 2023 | n/a | n/a | -CA$14m |
| Mar 31 2023 | n/a | n/a | -CA$16m |
| Dec 31 2022 | CA$839k | CA$541k | -CA$22m |
| Sep 30 2022 | n/a | n/a | -CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$7m |
| Mar 31 2022 | n/a | n/a | -CA$6m |
| Dec 31 2021 | CA$825k | CA$525k | -CA$977k |
| Sep 30 2021 | n/a | n/a | -CA$18m |
| Jun 30 2021 | n/a | n/a | -CA$19m |
| Mar 31 2021 | n/a | n/a | -CA$13m |
| Dec 31 2020 | CA$919k | CA$525k | CA$3m |
| Sep 30 2020 | n/a | n/a | CA$36m |
| Jun 30 2020 | n/a | n/a | CA$51m |
| Mar 31 2020 | n/a | n/a | CA$67m |
| Dec 31 2019 | CA$657k | CA$470k | CA$67m |
| Sep 30 2019 | n/a | n/a | CA$88m |
| Jun 30 2019 | n/a | n/a | CA$90m |
| Mar 31 2019 | n/a | n/a | CA$92m |
| Dec 31 2018 | CA$811k | CA$452k | CA$89m |
| Sep 30 2018 | n/a | n/a | CA$91m |
| Jun 30 2018 | n/a | n/a | CA$91m |
| Mar 31 2018 | n/a | n/a | CA$87m |
| Dec 31 2017 | CA$798k | CA$435k | CA$109m |
Compensation vs Market: Phil's total compensation ($USD701.33K) is below average for companies of similar size in the Canadian market ($USD1.15M).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
CEO
Phil Underwood
10.6yrs
Tenure
CA$1,006,882
Compensation
Mr. Phillip Campion Underwood, also known as Phil, has been the President of Magellan Aerospace Corporation since May 13, 2014 and has been its Chief Executive Officer since January 1, 2015. Mr. Underwood...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29.9yrs | no data | 75.35% CA$ 409.0m | |
| President | 10.6yrs | CA$1.01m | 0.0033% CA$ 18.0k | |
| CFO & Corporate Secretary | 8.9yrs | CA$408.30k | no data | |
| Vice President of Business Development | 6.5yrs | CA$545.43k | no data | |
| Vice President of Information Technology | no data | CA$327.37k | no data | |
| Vice President of Human Resources | no data | no data | no data |
7.8yrs
Average Tenure
Experienced Management: MAL's management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29.9yrs | no data | 75.35% CA$ 409.0m | |
| President | 9.8yrs | CA$1.01m | 0.0033% CA$ 18.0k | |
| Director | 24.8yrs | CA$72.00k | 3.93% CA$ 21.3m | |
| Independent Director | 10.6yrs | CA$88.00k | 0.0053% CA$ 28.5k | |
| Independent Director | 11.6yrs | CA$95.00k | 0.0091% CA$ 49.4k | |
| Independent Director | 3.6yrs | CA$80.00k | no data |
11.1yrs
Average Tenure
Experienced Board: MAL's board of directors are seasoned and experienced ( 11.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 13:19 |
| End of Day Share Price | 2024/12/30 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
Magellan Aerospace Corporation is covered by 11 analysts. 2 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 |
|---|---|
| Claude Proulx | BMO Capital Markets Equity Research |
| Douglas Taylor | Canaccord Genuity |
| Cameron Doerksen | Cantor Fitzgerald Canada Corporation |