MTY Food Group Management
Management criteria checks 4/4
MTY Food Group's CEO is Eric Lefebvre, appointed in Nov 2018, has a tenure of 6.08 years. total yearly compensation is CA$896.83K, comprised of 72% salary and 28% bonuses, including company stock and options. directly owns 0.059% of the company’s shares, worth CA$639.73K. The average tenure of the management team and the board of directors is 6.1 years and 13.6 years respectively.
Key information
Eric Lefebvre
Chief executive officer
CA$896.8k
Total compensation
| CEO salary percentage | 72.0% |
| CEO tenure | 6.1yrs |
| CEO ownership | 0.06% |
| Management average tenure | 6.1yrs |
| Board average tenure | 13.6yrs |
Recent management updates
Recent updates
Why We Think MTY Food Group Inc.'s (TSE:MTY) CEO Compensation Is Not Excessive At All
Apr 26
Investors Don't See Light At End Of MTY Food Group Inc.'s (TSE:MTY) Tunnel
Apr 15MTY Food Group Inc. (TSE:MTY) Shares Could Be 47% Below Their Intrinsic Value Estimate
Feb 16Pinning Down MTY Food Group Inc.'s (TSE:MTY) P/E Is Difficult Right Now
Dec 20Is There An Opportunity With MTY Food Group Inc.'s (TSE:MTY) 27% Undervaluation?
Oct 13Return Trends At MTY Food Group (TSE:MTY) Aren't Appealing
Sep 13At CA$65.66, Is MTY Food Group Inc. (TSE:MTY) Worth Looking At Closely?
Jul 18A Look At The Fair Value Of MTY Food Group Inc. (TSE:MTY)
Jul 03MTY Food Group (TSE:MTY) Has Announced That It Will Be Increasing Its Dividend To CA$0.25
Apr 18Is Now The Time To Look At Buying MTY Food Group Inc. (TSE:MTY)?
Feb 09MTY Food Group's (TSE:MTY) Upcoming Dividend Will Be Larger Than Last Year's
Jan 21MTY Food Group (TSE:MTY) Has A Pretty Healthy Balance Sheet
Dec 21Is Now An Opportune Moment To Examine MTY Food Group Inc. (TSE:MTY)?
Oct 09Is MTY Food Group (TSE:MTY) Using Too Much Debt?
Aug 10Is MTY Food Group Inc. (TSE:MTY) Trading At A 34% Discount?
Jul 21Is It Too Late To Consider Buying MTY Food Group Inc. (TSE:MTY)?
Jul 08Is MTY Food Group (TSE:MTY) Using Too Much Debt?
Apr 11An Intrinsic Calculation For MTY Food Group Inc. (TSE:MTY) Suggests It's 38% Undervalued
Mar 21We Think MTY Food Group (TSE:MTY) Can Stay On Top Of Its Debt
Jan 06Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?
Sep 21Is MTY Food Group Inc. (TSE:MTY) Worth CA$63.5 Based On Its Intrinsic Value?
Jul 10Does MTY Food Group (TSE:MTY) Have A Healthy Balance Sheet?
May 15Calculating The Intrinsic Value Of MTY Food Group Inc. (TSE:MTY)
Mar 26Are Insiders Selling MTY Food Group Inc. (TSE:MTY) Stock?
Mar 05CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Aug 31 2024 | n/a | n/a | CA$96m |
| May 31 2024 | n/a | n/a | CA$100m |
| Feb 29 2024 | n/a | n/a | CA$103m |
| Nov 30 2023 | CA$897k | CA$646k | CA$104m |
| Aug 31 2023 | n/a | n/a | CA$95m |
| May 31 2023 | n/a | n/a | CA$78m |
| Feb 28 2023 | n/a | n/a | CA$77m |
| Nov 30 2022 | CA$957k | CA$628k | CA$75m |
| Aug 31 2022 | n/a | n/a | CA$93m |
| May 31 2022 | n/a | n/a | CA$94m |
| Feb 28 2022 | n/a | n/a | CA$89m |
| Nov 30 2021 | CA$603k | CA$577k | CA$86m |
| Aug 31 2021 | n/a | n/a | CA$81m |
| May 31 2021 | n/a | n/a | CA$79m |
| Feb 28 2021 | n/a | n/a | -CA$43m |
| Nov 30 2020 | CA$530k | CA$519k | -CA$37m |
| Aug 31 2020 | n/a | n/a | -CA$36m |
| May 31 2020 | n/a | n/a | -CA$37m |
| Feb 29 2020 | n/a | n/a | CA$82m |
| Nov 30 2019 | CA$1m | CA$477k | CA$78m |
| Aug 31 2019 | n/a | n/a | CA$70m |
| May 31 2019 | n/a | n/a | CA$69m |
| Feb 28 2019 | n/a | n/a | CA$66m |
| Nov 30 2018 | CA$385k | CA$369k | CA$96m |
Compensation vs Market: Eric's total compensation ($USD624.68K) is below average for companies of similar size in the Canadian market ($USD1.83M).
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
CEO
Eric Lefebvre (47 yo)
6.1yrs
Tenure
CA$896,833
Compensation
Mr. Eric Lefebvre, CPA, CA, MBA, has been Chief Executive Officer of MTY Food Group Inc since November 5, 2018 and has been its Director May 28, 2018. Mr. Lefebvre serves as President of MTY Food Group Inc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 6.1yrs | CA$896.83k | 0.059% CA$ 639.7k | |
| Chief Financial Officer | 6.1yrs | CA$485.66k | 0.024% CA$ 261.8k | |
| Chief Operating Officer of Wetzel’s Pretzels | 2yrs | CA$716.20k | no data | |
| Co-Chief Operating Officer-BBQ Holdings | 2.3yrs | CA$743.45k | no data | |
| Co-Chief Operating Officer-BBQ Holdings | 2.3yrs | CA$745.34k | no data | |
| Secretary & Non-Independent Director | 28.3yrs | CA$157.20k | 2.19% CA$ 23.9m | |
| Chief Legal Officer | 1.3yrs | no data | no data | |
| Chief Operating Officer of Fast Casual Division | 16.1yrs | CA$885.80k | 0% CA$ 0 | |
| Chief Operating Officer of MTY Franchising USA | 8.4yrs | CA$653.53k | no data | |
| Chief Operating Officer of Casual Dining | 6.8yrs | CA$779.79k | no data | |
| Chief Operating Officer of Quick Service Restaurants | 6.1yrs | CA$582.56k | 0.014% CA$ 155.4k |
6.1yrs
Average Tenure
47yo
Average Age
Experienced Management: MTY's management team is seasoned and experienced (6.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 6.6yrs | CA$896.83k | 0.059% CA$ 639.7k | |
| Secretary & Non-Independent Director | 28.2yrs | CA$157.20k | 2.19% CA$ 23.9m | |
| Independent Director | 19.6yrs | CA$22.63k | 0.44% CA$ 4.8m | |
| Chairman | 27.6yrs | CA$133.59k | 13.49% CA$ 147.5m | |
| Independent Director | 13.6yrs | CA$20.33k | 0.30% CA$ 3.3m | |
| Independent Director | 3.6yrs | CA$20.66k | no data | |
| Independent Director | 3.1yrs | CA$29.29k | no data |
13.6yrs
Average Tenure
59yo
Average Age
Experienced Board: MTY's board of directors are seasoned and experienced ( 13.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:37 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2023/11/30 |
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
MTY Food Group Inc. is covered by 15 analysts. 4 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 |
|---|---|
| Nick Corcoran | Acumen Capital Finance Partners Limited |
| John Zamparo | CIBC Capital Markets |
| Marc Robinson | Cormark Securities Inc. |