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Freshlocal Solutions Management
Management criteria checks 1/4
Key information
Simon Cairns
Chief executive officer
CA$115.4k
Total compensation
| CEO salary percentage | 5.0% |
| CEO tenure | less than a year |
| CEO ownership | n/a |
| Management average tenure | less than a year |
| Board average tenure | less than a year |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 01 2022 | n/a | n/a | -CA$31m |
| Oct 02 2021 | CA$115k | CA$6k | -CA$39m |
Compensation vs Market: Simon's total compensation ($USD88.33K) is below average for companies of similar size in the Canadian market ($USD191.58K).
Compensation vs Earnings: Insufficient data to compare Simon's compensation with company performance.
CEO
Simon Cairns (51 yo)
less than a year
Tenure
CA$115,380
Compensation
Mr. Simon Cairns serves as Chief Executive Officer of Freshlocal Solutions Inc. since December 14, 2021 and its Director since March 30, 2022. He serves as President at Food-X Technologies Inc. since Sep...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$115.38k | no data | |
| Executive Vice President of Transformation | less than a year | CA$330.21k | 1.46% CA$ 106.1k | |
| Chief Executive Officer of Blush Lane Organic Produce Ltd | no data | CA$93.66k | 0.45% CA$ 33.0k | |
| CFO & Corporate Secretary | less than a year | no data | no data |
0.4yrs
Average Tenure
Experienced Management: LOCL's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$115.38k | no data | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.3yrs | CA$37.94k | 1.55% CA$ 112.3k | |
| Independent Chairman of the Board | less than a year | no data | no data | |
| Independent Director | 1.3yrs | CA$28.28k | no data |
0.6yrs
Average Tenure
Experienced Board: LOCL's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/05 10:18 |
| End of Day Share Price | 2022/05/16 00:00 |
| Earnings | 2022/01/01 |
| Annual Earnings | 2021/10/02 |
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 |
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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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Freshlocal Solutions Inc. is covered by 3 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 |
|---|---|
| Luke Hannan | Canaccord Genuity |
| Kyle McPhee | Cormark Securities Inc. |
| Christopher Li | Desjardins Securities Inc. |