K-Bro Linen Management

Management criteria checks 3/4

K-Bro Linen's CEO is Linda McCurdy, appointed in Jan 2000, has a tenure of 24.25 years. total yearly compensation is CA$2.03M, comprised of 27.2% salary and 72.8% bonuses, including company stock and options. directly owns 2.08% of the company’s shares, worth CA$7.60M. The average tenure of the management team and the board of directors is 21.8 years and 19.3 years respectively.

Key information

Linda McCurdy

Chief executive officer

CA$2.0m

Total compensation

CEO salary percentage	27.2%
CEO tenure	24.3yrs
CEO ownership	2.1%
Management average tenure	21.8yrs
Board average tenure	19.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Linda McCurdy's remuneration changed compared to K-Bro Linen's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	CA$18m
Sep 30 2023	n/a	n/a	CA$14m
Jun 30 2023	n/a	n/a	CA$9m
Mar 31 2023	n/a	n/a	CA$6m
Dec 31 2022	CA$2m	CA$551k	CA$4m
Sep 30 2022	n/a	n/a	CA$5m
Jun 30 2022	n/a	n/a	CA$5m
Mar 31 2022	n/a	n/a	CA$7m
Dec 31 2021	CA$2m	CA$535k	CA$9m
Sep 30 2021	n/a	n/a	CA$9m
Jun 30 2021	n/a	n/a	CA$11m
Mar 31 2021	n/a	n/a	CA$9m
Dec 31 2020	CA$2m	CA$535k	CA$4m
Sep 30 2020	n/a	n/a	CA$4m
Jun 30 2020	n/a	n/a	CA$5m
Mar 31 2020	n/a	n/a	CA$7m
Dec 31 2019	CA$2m	CA$535k	CA$11m
Sep 30 2019	n/a	n/a	CA$10m
Jun 30 2019	n/a	n/a	CA$7m
Mar 31 2019	n/a	n/a	CA$6m
Dec 31 2018	CA$2m	CA$521k	CA$6m
Sep 30 2018	n/a	n/a	CA$4m
Jun 30 2018	n/a	n/a	CA$5m
Mar 31 2018	n/a	n/a	CA$5m
Dec 31 2017	CA$2m	CA$507k	CA$6m

Compensation vs Market: Linda's total compensation ($USD1.48M) is above average for companies of similar size in the Canadian market ($USD763.20K).

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

CEO

Linda McCurdy (55 yo)

24.3yrs

Tenure

CA$2,026,914

Compensation

Ms. Linda Jane McCurdy, M.B.A., has been the Chief Executive Officer and President at K-Bro Linen Inc., since January 2000. Ms. McCurdy joined K-Bro in May 1998 as Chief Financial Officer. She has been Chi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Linda McCurdy	President	24.3yrs	CA$2.03m	2.08% CA$ 7.6m
Kristie Plaquin	Chief Financial Officer	9.7yrs	CA$581.42k	0.34% CA$ 1.2m
Sean Curtis	Senior VP	25.3yrs	CA$976.83k	1.15% CA$ 4.2m
Ryo Utahara	Executive Director	no data	CA$334.45k	0.049% CA$ 179.8k
Michael Jones	Managing Director of Fishers Services Limited	no data	CA$376.65k	0.035% CA$ 126.3k
Timothy Bruns	President of Unitrin Specialty	no data	no data	no data
Ronald Graham	General Manager of Vancouver Plant	22.3yrs	CA$278.27k	no data
Jeffrey Gannon	General Manager of Calgary Plant	21.3yrs	CA$266.07k	0.13% CA$ 464.3k
Kevin Stephenson	General Manager of Toronto	18.3yrs	CA$295.34k	no data
Ronald Greco	VP & Corporate Actuary of Unitrin Services Company	no data	no data	no data
Trevor Rye	General Manager of Edmonton	no data	CA$252.86k	no data

21.8yrs

Average Tenure

Experienced Management: KBL's management team is seasoned and experienced (21.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Linda McCurdy	President	19.3yrs	CA$2.03m	2.08% CA$ 7.6m
Matthew Hills	Independent Director	19.3yrs	CA$151.80k	0.22% CA$ 787.8k
Michael Percy	Independent Chairman	8.8yrs	CA$116.30k	0.14% CA$ 503.8k
Steven Matyas	Independent Director	19.3yrs	CA$92.30k	0.40% CA$ 1.5m
Elise Rees	Independent Director	2.8yrs	CA$98.30k	0.036% CA$ 131.3k

19.3yrs

Average Tenure

64yo

Average Age

Experienced Board: KBL's board of directors are seasoned and experienced ( 19.3 years average tenure).

K-Bro Linen Management

Management criteria checks 3/4

Key information

Recent management updates

K-Bro Linen Inc., Annual General Meeting, Jun 05, 2024

President recently sold CA$1.0m worth of stock

Director recently bought CA$90k worth of stock

Less than half of directors are independent

K-Bro Linen Inc., Annual General Meeting, Jun 08, 2022

K-Bro Linen Inc., Annual General Meeting, Jun 08, 2022

Recent updates

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Dividend of CA$0.10 announced

K-Bro Linen Inc. Announces Dividend for the Period from April 1 to 30, 2024, Payable on May 15, 2024

Full year 2023 earnings: EPS and revenues exceed analyst expectations

K-Bro Linen Inc., Annual General Meeting, Jun 05, 2024

K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

Dividend of CA$0.10 announced

K-Bro Linen Inc. to Report Q4, 2023 Results on Mar 21, 2024

Upcoming dividend of CA$0.10 per share

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Dividend of CA$0.10 announced

K-Bro Linen Inc. Announces Dividend for the Period from February 1 to 29, 2024, Payable on March 15, 2024

Upcoming dividend of CA$0.10 per share at 3.5% yield

K-Bro Linen Inc. Declares January 2024 Dividend, Payable on February 15, 2024

President recently sold CA$1.0m worth of stock

K-Bro Linen Inc. Declares December 2023 Dividend, Payable on January 15, 2024

Upcoming dividend of CA$0.10 per share at 3.5% yield

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen Inc. Declares Monthly Dividend for the Period from November 1, 2023 to November 30, 2023, Payable on December 15, 2023

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

K-Bro Linen Inc. (TSX:KBL) acquired Buanderie Villeray Ltee.

K-Bro Linen Inc. to Report Q3, 2023 Results on Nov 09, 2023

Upcoming dividend of CA$0.10 per share at 3.9% yield

K-Bro Linen (TSE:KBL) Is Paying Out A Dividend Of CA$0.10

K-Bro Linen Inc. Declares October 2023 Dividend, Payable on November 15, 2023

Upcoming dividend of CA$0.10 per share at 3.7% yield

K-Bro Linen Inc. Announces Dividend on Common Share of the Corporation for the Period from September 1 to 30, 2023, Payable on October 13, 2023

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Upcoming dividend of CA$0.10 per share at 3.6% yield

Consensus EPS estimates increase by 10%

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen Inc. Declares Monthly Dividend for the Period from August 1 to August 31, 2023, Payable on September 15, 2023

Price target increased by 9.0% to CA$42.46

New major risk - Dividend sustainability

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

K-Bro Linen Inc. to Report Q2, 2023 Results on Aug 08, 2023

Upcoming dividend of CA$0.10 per share at 3.6% yield

K-Bro Linen Inc. Declares July 2023 Dividend, Payable on August 15, 2023

Upcoming dividend of CA$0.10 per share at 3.8% yield

K-Bro Linen (TSE:KBL) Will Pay A Dividend Of CA$0.10

K-Bro Linen Inc. Declares June 2023 Dividend, Payable on July 14, 2023

Upcoming dividend of CA$0.10 per share at 3.8% yield

Consensus EPS estimates increase by 27%

K-Bro Linen Inc. Declares Monthly Dividend for the Period from May 1 to May 31, 2023, Payable on June 15, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

K-Bro Linen (TSE:KBL) Is Due To Pay A Dividend Of CA$0.10

Upcoming dividend of CA$0.10 per share at 4.1% yield

Consensus EPS estimates fall by 31%

Consensus EPS estimates fall by 40%, revenue upgraded

Price target decreased by 11% to CA$37.25

Upcoming dividend of CA$0.10 per share at 4.1% yield

Full year 2022 earnings: EPS misses analyst expectations

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen Inc. Declares Dividend for the Period from February 1 to 28, 2023, Payable on March 15, 2023

Upcoming dividend of CA$0.10 per share

K-Bro Linen (TSE:KBL) Has Announced A Dividend Of CA$0.10

K-Bro Linen Inc. Declares January 2023 Dividend, Payable on February 15, 2023

Upcoming dividend of CA$0.10 per share

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

K-Bro Linen Inc. Announces Dividend for the Month Ended December 31, 2022, Payable on January 13, 2023

Upcoming dividend of CA$0.10 per share

K-Bro Linen's (TSE:KBL) Dividend Will Be CA$0.10

Third quarter 2022 earnings: EPS misses analyst expectations

K-Bro Linen Inc. Declares Monthly Dividend for the Month of November 2022, Payable on December 15, 2022

K-Bro Linen Inc. to Report Q3, 2022 Results on Nov 09, 2022

K-Bro Linen (TSE:KBL) Has Affirmed Its Dividend Of CA$0.10

Upcoming dividend of CA$0.10 per share

K-Bro Linen Inc. Declares October 2022 Dividend, Payable on November 15, 2022

Director recently bought CA$90k worth of stock