Thermal Energy International Management
Management criteria checks 3/4
Thermal Energy International's CEO is Bill Crossland, appointed in Aug 2009, has a tenure of 15.33 years. total yearly compensation is CA$314.93K, comprised of 84% salary and 16% bonuses, including company stock and options. directly owns 4.38% of the company’s shares, worth CA$1.44M. The average tenure of the management team and the board of directors is 9.2 years and 13.2 years respectively.
Key information
Bill Crossland
Chief executive officer
CA$314.9k
Total compensation
| CEO salary percentage | 84.0% |
| CEO tenure | 15.3yrs |
| CEO ownership | 4.4% |
| Management average tenure | 9.2yrs |
| Board average tenure | 13.2yrs |
Recent management updates
Recent updates
What You Can Learn From Thermal Energy International Inc.'s (CVE:TMG) P/S
Aug 19
Thermal Energy International (CVE:TMG) Has A Pretty Healthy Balance Sheet
May 23Thermal Energy International Inc. (CVE:TMG) Investors Are Less Pessimistic Than Expected
Apr 04Is Thermal Energy International (CVE:TMG) Using Too Much Debt?
Sep 28Is Thermal Energy International (CVE:TMG) Using Debt Sensibly?
Jun 12Does Thermal Energy International (CVE:TMG) Have A Healthy Balance Sheet?
Mar 14Is Thermal Energy International (CVE:TMG) A Risky Investment?
Jul 23Does Thermal Energy International (CVE:TMG) Have A Healthy Balance Sheet?
Mar 10Most Shareholders Will Probably Find That The CEO Compensation For Thermal Energy International Inc. (CVE:TMG) Is Reasonable
Nov 16Is Thermal Energy International (CVE:TMG) Using Debt In A Risky Way?
Oct 11Is Thermal Energy International (CVE:TMG) Weighed On By Its Debt Load?
May 24How Is Thermal Energy International's (CVE:TMG) CEO Paid Relative To Peers?
Feb 08Is Thermal Energy International (CVE:TMG) Using Too Much Debt?
Dec 16
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | CA$1m |
| May 31 2024 | CA$315k | CA$265k | CA$930k |
| Feb 29 2024 | n/a | n/a | CA$2m |
| Nov 30 2023 | n/a | n/a | CA$2m |
| Aug 31 2023 | n/a | n/a | CA$1m |
| May 31 2023 | CA$308k | CA$265k | CA$718k |
| Feb 28 2023 | n/a | n/a | -CA$413k |
| Nov 30 2022 | n/a | n/a | -CA$2m |
| Aug 31 2022 | n/a | n/a | -CA$2m |
| May 31 2022 | CA$281k | CA$254k | -CA$2m |
| Feb 28 2022 | n/a | n/a | -CA$2m |
| Nov 30 2021 | n/a | n/a | -CA$985k |
| Aug 31 2021 | n/a | n/a | CA$242k |
| May 31 2021 | CA$252k | CA$230k | CA$198k |
| Feb 28 2021 | n/a | n/a | -CA$3m |
| Nov 30 2020 | n/a | n/a | -CA$2m |
| Aug 31 2020 | n/a | n/a | -CA$2m |
| May 31 2020 | CA$292k | CA$236k | -CA$2m |
| Feb 29 2020 | n/a | n/a | CA$2m |
| Nov 30 2019 | n/a | n/a | CA$353k |
| Aug 31 2019 | n/a | n/a | -CA$123k |
| May 31 2019 | CA$283k | CA$240k | -CA$424k |
| Feb 28 2019 | n/a | n/a | -CA$156k |
| Nov 30 2018 | n/a | n/a | CA$578k |
| Aug 31 2018 | n/a | n/a | CA$760k |
| May 31 2018 | CA$273k | CA$240k | CA$639k |
Compensation vs Market: Bill's total compensation ($USD219.15K) is above average for companies of similar size in the Canadian market ($USD164.16K).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Crossland
15.3yrs
Tenure
CA$314,926
Compensation
Mr. William M. Crossland, also known as Bill, B. Sc., MBA, has been the Chief Executive Officer and President of Thermal Energy International Inc. since August 07, 2009. Mr. Crossland served as the Managin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.3yrs | CA$314.93k | 4.38% CA$ 1.4m | |
| Chief Financial Officer | 6.4yrs | CA$181.02k | no data | |
| Chief Operating Officer | 19.8yrs | CA$248.23k | 0.64% CA$ 210.6k | |
| Founder & President of Boilerroom Equipment Inc | 4.9yrs | no data | no data | |
| Director of Business Development & Technology | 9.2yrs | CA$153.11k | 0.10% CA$ 33.1k |
9.2yrs
Average Tenure
Experienced Management: TMG's management team is seasoned and experienced (9.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 17.6yrs | CA$314.93k | 4.38% CA$ 1.4m | |
| Independent Director | 19.8yrs | CA$35.00k | 0.71% CA$ 233.7k | |
| Independent Chairman of the Board | 8.1yrs | CA$22.60k | 0% CA$ 0 | |
| Independent Director | 13.2yrs | CA$40.40k | 1.51% CA$ 494.0k | |
| Independent Director | 10.1yrs | CA$19.90k | 0.16% CA$ 51.3k |
13.2yrs
Average Tenure
Experienced Board: TMG's board of directors are seasoned and experienced ( 13.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:55 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/05/31 |
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 |
| |
| Management | 10 years |
| |
| 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
Thermal Energy International Inc. is covered by 1 analysts. 1 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 |
|---|---|
| Russell Stanley | Beacon Securities Limited |