XS Financial Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
David Kivitz
Chief executive officer
US$416.7k
Total compensation
| CEO salary percentage | 60.0% |
| CEO tenure | 4.7yrs |
| CEO ownership | n/a |
| Management average tenure | 4.7yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
Positive Sentiment Still Eludes XS Financial Inc. (CSE:XSF) Following 30% Share Price Slump
Mar 01
Investors Give XS Financial Inc. (CSE:XSF) Shares A 50% Hiding
Dec 22It's Probably Less Likely That XS Financial Inc.'s (CSE:XSF) CEO Will See A Huge Pay Rise This Year
Nov 20Cautious Investors Not Rewarding XS Financial Inc.'s (CSE:XSF) Performance Completely
Aug 31XS Financial (CSE:XSF) Might Have The Makings Of A Multi-Bagger
Dec 28XS Financial (CSE:XSF) Is Looking To Continue Growing Its Returns On Capital
Sep 14Is XS Financial (CSE:XSF) Using Debt Sensibly?
Jun 04XS Financial (CSE:XSF) Is Carrying A Fair Bit Of Debt
Jan 20
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$5m |
| Jun 30 2023 | n/a | n/a | -US$5m |
| Mar 31 2023 | n/a | n/a | -US$7m |
| Dec 31 2022 | US$417k | US$250k | -US$6m |
| Sep 30 2022 | n/a | n/a | -US$9m |
| Jun 30 2022 | n/a | n/a | -US$7m |
| Mar 31 2022 | n/a | n/a | -US$4m |
| Dec 31 2021 | US$250k | US$125k | -US$3m |
| Sep 30 2021 | n/a | n/a | -US$2m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | -US$3m |
| Dec 31 2020 | US$244k | US$116k | -US$5m |
| Sep 30 2020 | n/a | n/a | -US$6m |
| Jun 30 2020 | n/a | n/a | -US$4m |
| Mar 31 2020 | n/a | n/a | -US$4m |
| Dec 31 2019 | US$172k | US$172k | -US$7m |
| Sep 30 2019 | n/a | n/a | -US$7m |
| Jun 30 2019 | n/a | n/a | -US$11m |
| Mar 31 2019 | n/a | n/a | -US$11m |
| Dec 31 2018 | US$144k | US$134k | -US$6m |
Compensation vs Market: David's total compensation ($USD416.67K) is above average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
CEO
David Kivitz
4.7yrs
Tenure
US$416,667
Compensation
Mr. David Kivitz serves as President and Chief Executive Officer of XS Financial Inc. (formerly known as Xtraction Services Holdings Corp.) since September 2019 and as its Director since December 7, 2017....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.7yrs | US$416.67k | no data | |
| COO, Chief Marketing Officer | 4.7yrs | US$416.67k | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Vice President of Technology | no data | no data | no data | |
| Communications Manager | no data | no data | no data | |
| Senior Underwriting Director | no data | no data | no data |
4.7yrs
Average Tenure
Experienced Management: XSF's management team is considered experienced (4.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.4yrs | US$416.67k | no data | |
| COO, Chief Marketing Officer | 5.6yrs | US$416.67k | no data | |
| Independent Director | 5.1yrs | no data | 0.046% $ 2.4k | |
| Director | 1.8yrs | US$73.33k | 0.031% $ 1.6k | |
| Independent Director | 2.5yrs | no data | no data |
5.1yrs
Average Tenure
Experienced Board: XSF's board of directors are considered experienced (5.1 years average tenure).