Wajax Management

Management criteria checks 3/4

Wajax's CEO is Iggy Domagalski, appointed in Jan 2022, has a tenure of 2.25 years. total yearly compensation is CA$2.48M, comprised of 24.9% salary and 75.1% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth CA$4.67M. The average tenure of the management team and the board of directors is 3.3 years and 3.9 years respectively.

Key information

Iggy Domagalski

Chief executive officer

CA$2.5m

Total compensation

CEO salary percentage	24.9%
CEO tenure	2.3yrs
CEO ownership	0.6%
Management average tenure	3.3yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

Does This Valuation Of Wajax Corporation (TSE:WJX) Imply Investors Are Overpaying?

Jul 22

Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Jun 17

Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

May 21

Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

May 07

Here's Why Wajax (TSE:WJX) Can Manage Its Debt Responsibly

Mar 09

Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Nov 06

Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.25

Aug 12

Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Jul 10

Shareholders May Be More Conservative With Wajax Corporation's (TSE:WJX) CEO Compensation For Now

Apr 28

Is Wajax Corporation (TSE:WJX) A Great Dividend Stock?

Mar 29

There May Be Reason For Hope In Wajax's (TSE:WJX) Disappointing Earnings

Mar 08

Here's What We Like About Wajax's (TSE:WJX) Upcoming Dividend

Mar 07

Wajax (TSE:WJX) Has A Somewhat Strained Balance Sheet

Mar 02

Did You Participate In Any Of Wajax's (TSE:WJX) Respectable 81% Return?

Feb 08

Is Wajax Corporation's (TSE:WJX) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

Jan 19

Our Take On The Returns On Capital At Wajax (TSE:WJX)

Dec 23

Wajax Corporation (TSE:WJX) Pays A CA$0.25 Dividend In Just Three Days

Dec 10

CEO Compensation Analysis

How has Iggy Domagalski's remuneration changed compared to Wajax's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CA$2m	CA$619k	CA$81m
Sep 30 2023	n/a	n/a	CA$87m
Jun 30 2023	n/a	n/a	CA$81m
Mar 31 2023	n/a	n/a	CA$74m
Dec 31 2022	CA$2m	CA$565k	CA$72m
Sep 30 2022	n/a	n/a	CA$64m
Jun 30 2022	n/a	n/a	CA$60m
Mar 31 2022	n/a	n/a	CA$57m
Dec 31 2021	CA$446k	CA$161k	CA$53m

Compensation vs Market: Iggy's total compensation ($USD1.82M) is above average for companies of similar size in the Canadian market ($USD1.30M).

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

CEO

Iggy Domagalski (43 yo)

2.3yrs

Tenure

CA$2,482,066

Compensation

Mr. Ignacy P. Domagalski, also known as Iggy, has been President, Chief Executive Officer and Director of Wajax Corporation since January 1, 2022. Mr. Domagalski joined the Wajax Corporation on January 01,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ignacy Domagalski	President	2.3yrs	CA$2.48m	0.63% CA$ 4.7m
Stuart Auld	Chief Financial Officer	4.9yrs	CA$1.22m	0.11% CA$ 788.5k
Andre Dube	Senior VP of Sales & Operations	no data	CA$901.48k	0.011% CA$ 83.6k
Mark Edgar	Chief People Officer	1.3yrs	CA$878.63k	no data
Andrew W. Tam	General Counsel & Corporate Secretary	13.3yrs	CA$597.11k	0.042% CA$ 308.4k
Gregory Abtosway	Vice President of Corporate Development	3.3yrs	no data	0.0021% CA$ 15.6k
Cristian Rodriguez	Vice President of Safety	no data	no data	no data
Brian Deacon	Senior Vice President of Category Management	no data	no data	0.011% CA$ 78.6k
Tania Casadinho	VP & Corporate Controller	no data	no data	no data

3.3yrs

Average Tenure

Experienced Management: WJX's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ignacy Domagalski	President	2.3yrs	CA$2.48m	0.63% CA$ 4.7m
Douglas Carty	Independent Director	15.3yrs	CA$180.50k	no data
Sylvia Chrominska	Independent Director	8.9yrs	CA$168.58k	0.051% CA$ 376.6k
Edward Barrett	Independent Chairman of the Board	18.1yrs	CA$240.00k	0.050% CA$ 372.8k
H. MacNeill	Honorary Director	no data	no data	no data
Thomas Alford	Independent Director	9.3yrs	CA$142.50k	0.091% CA$ 677.9k
David Smith	Independent Director	less than a year	CA$110.12k	0.046% CA$ 342.4k
Alexander Taylor	Independent Director	15.3yrs	CA$177.50k	no data
Leslie Abi-Karam	Independent Director	3.9yrs	CA$162.50k	no data
A. Craighead	Independent Director	2.4yrs	CA$174.42k	0.030% CA$ 222.6k
Vasuki Uthayakumar	Independent Director	3.9yrs	CA$162.50k	no data
Elizabeth Summers	Independent Director	less than a year	CA$110.12k	0.0083% CA$ 61.7k

3.9yrs

Average Tenure

65yo

Average Age

Experienced Board: WJX's board of directors are considered experienced (3.9 years average tenure).

Wajax Management

Management criteria checks 3/4

Key information

Recent management updates

Wajax Corporation, Annual General Meeting, May 02, 2024

Independent Director recently bought CA$139k worth of stock

Wajax Corporation Announces Board Appointments

COO & SVP of Heavy Equipment exercised options to buy CA$61k worth of stock.

Director recently bought CA$66k worth of stock

Insider recently sold CA$83k worth of stock

Recent updates

Price target increased by 8.9% to CA$36.67

Investors Shouldn't Be Too Comfortable With Wajax's (TSE:WJX) Earnings

Fourth quarter dividend increased to CA$0.35

Full year 2023 earnings released: EPS: CA$3.77 (vs CA$3.38 in FY 2022)

Wajax Corporation Declares Dividend for the First Quarter of 2024, Payable on April 2, 2024

Now 22% undervalued

Upcoming dividend of CA$0.33 per share at 4.7% yield

Wajax Corporation, Annual General Meeting, May 02, 2024

Independent Director recently bought CA$139k worth of stock

Wajax Corporation Declares Dividend for the Fourth Quarter of 2023, Payable on January 3, 2024

Third quarter 2023 earnings released: EPS: CA$1.09 (vs CA$0.84 in 3Q 2022)

Upcoming dividend of CA$0.33 per share at 4.5% yield

Wajax Corporation (TSX:WJX) acquired Beta Fluid Power Ltd. And Beta Industrial Ltd.

Price target increased by 12% to CA$33.67

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: CA$1.35 (vs CA$1.01 in 2Q 2022)

Wajax Corporation Declares a Dividend for the Third Quarter of 2023, Payable on October 3, 2023

Upcoming dividend of CA$0.33 per share at 5.6% yield

Wajax Corporation Announces Board Appointments

Price target increased by 11% to CA$28.25

Full year 2022 earnings released: EPS: CA$3.38 (vs CA$2.50 in FY 2021)

Upcoming dividend of CA$0.25 per share

Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Third quarter 2022 earnings released: EPS: CA$0.84 (vs CA$0.69 in 3Q 2021)

Wajax Corporation Announces Dividend for the Fourth Quarter of 2022, Payable on January 4, 2023

Price target decreased to CA$25.13

Upcoming dividend of CA$0.25 per share

Wajax (TSE:WJX) Has Announced A Dividend Of CA$0.25

Wajax Corporation Declares Dividend for the Third Quarter of 2022 Payable on October 4, 2022

Second quarter 2022 earnings released: EPS: CA$1.01 (vs CA$0.85 in 2Q 2021)

Does This Valuation Of Wajax Corporation (TSE:WJX) Imply Investors Are Overpaying?

Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Upcoming dividend of CA$0.25 per share

Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

Wajax (TSE:WJX) Is Due To Pay A Dividend Of CA$0.25

First quarter 2022 earnings released: EPS: CA$0.75 (vs CA$0.59 in 1Q 2021)

Wajax Corporation Declares Dividend for the Second Quarter of 2022, Payable on July 5, 2022

Price target decreased to CA$26.75

COO & SVP of Heavy Equipment exercised options to buy CA$61k worth of stock.

Investor sentiment deteriorated over the past week

Director recently bought CA$66k worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Here's Why Wajax (TSE:WJX) Can Manage Its Debt Responsibly

Price target decreased to CA$28.50

Wajax Corporation (TSX:WJX) entered into acquisition agreement to acquire Net Operating Assets of Process Flow Systems Ltd. for CAD 4.6 million.

Upcoming dividend of CA$0.25 per share

Investor sentiment improved over the past week

Insider recently sold CA$83k worth of stock

Wajax (TSE:WJX) Will Pay A Dividend Of CA$0.25

Third quarter 2021 earnings released: EPS CA$0.68 (vs CA$0.33 in 3Q 2020)

Upcoming dividend of CA$0.25 per share

Wajax (TSE:WJX) Has Affirmed Its Dividend Of CA$0.25

Second quarter 2021 earnings released: EPS CA$0.85 (vs CA$0.51 in 2Q 2020)

Price target increased to CA$26.75

Wajax (TSE:WJX) Seems To Use Debt Quite Sensibly

Upcoming dividend of CA$0.25 per share

Independent Director recently sold CA$114k worth of stock

Price target increased to CA$24.63

First quarter 2021 earnings released

Wajax Corporation Declares Dividend for the Second Quarter of 2021, Payable on July 6, 2021

Shareholders May Be More Conservative With Wajax Corporation's (TSE:WJX) CEO Compensation For Now

Is Wajax Corporation (TSE:WJX) A Great Dividend Stock?

Independent Director recently sold CA$406k worth of stock

There May Be Reason For Hope In Wajax's (TSE:WJX) Disappointing Earnings

Here's What We Like About Wajax's (TSE:WJX) Upcoming Dividend

Price target raised to CA$22.75

Full year 2020 earnings released: EPS CA$1.58 (vs CA$1.98 in FY 2019)

Revenue beats expectations

Wajax (TSE:WJX) Has A Somewhat Strained Balance Sheet