Accord Financial Corp.

TSX:ACD Stock Report

Market Cap: CA$31.9m

Accord Financial Management

Management criteria checks 3/4

Accord Financial's CEO is Simon Hitzig, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is CA$427.61K, comprised of 93.6% salary and 6.4% bonuses, including company stock and options. directly owns 2.59% of the company’s shares, worth CA$828.40K. The average tenure of the management team and the board of directors is 2.8 years and 6.2 years respectively.

Key information

Simon Hitzig

Chief executive officer

CA$427.6k

Total compensation

CEO salary percentage93.6%
CEO tenure6.2yrs
CEO ownership2.6%
Management average tenure2.8yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

Accord Financial (TSE:ACD) Has Affirmed Its Dividend Of CA$0.075

Feb 11
Accord Financial (TSE:ACD) Has Affirmed Its Dividend Of CA$0.075

Accord Financial (TSE:ACD) Has Announced A Dividend Of CA$0.05

Aug 07
Accord Financial (TSE:ACD) Has Announced A Dividend Of CA$0.05

We Think Accord Financial Corp.'s (TSE:ACD) CEO Compensation Package Needs To Be Put Under A Microscope

Apr 29
We Think Accord Financial Corp.'s (TSE:ACD) CEO Compensation Package Needs To Be Put Under A Microscope

Are Dividend Investors Making A Mistake With Accord Financial Corp. (TSE:ACD)?

Feb 20
Are Dividend Investors Making A Mistake With Accord Financial Corp. (TSE:ACD)?

Read This Before Buying Accord Financial Corp. (TSE:ACD) Shares

Dec 29
Read This Before Buying Accord Financial Corp. (TSE:ACD) Shares

CEO Compensation Analysis

How has Simon Hitzig's remuneration changed compared to Accord Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$9m

Jun 30 2024n/an/a

-CA$17m

Mar 31 2024n/an/a

-CA$16m

Dec 31 2023CA$428kCA$400k

-CA$15m

Sep 30 2023n/an/a

-CA$11m

Jun 30 2023n/an/a

-CA$76k

Mar 31 2023n/an/a

CA$308k

Dec 31 2022CA$428kCA$400k

CA$1m

Sep 30 2022n/an/a

CA$9m

Jun 30 2022n/an/a

CA$9m

Mar 31 2022n/an/a

CA$12m

Dec 31 2021CA$498kCA$400k

CA$12m

Sep 30 2021n/an/a

CA$10m

Jun 30 2021n/an/a

CA$8m

Mar 31 2021n/an/a

CA$9m

Dec 31 2020CA$427kCA$400k

CA$417k

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

CA$1m

Mar 31 2020n/an/a

-CA$1m

Dec 31 2019CA$524kCA$400k

CA$6m

Sep 30 2019n/an/a

CA$11m

Jun 30 2019n/an/a

CA$11m

Mar 31 2019n/an/a

CA$11m

Dec 31 2018CA$429kCA$311k

CA$10m

Sep 30 2018n/an/a

CA$9m

Jun 30 2018n/an/a

CA$8m

Mar 31 2018n/an/a

CA$6m

Dec 31 2017CA$350kCA$276k

CA$6m

Compensation vs Market: Simon's total compensation ($USD297.56K) is above average for companies of similar size in the Canadian market ($USD164.07K).

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

CEO

Simon Hitzig

6.2yrs

Tenure

CA$427,612

Compensation

Mr. Simon Hitzig serves as Director at BondIt LLC. He has been a President, Chief Executive Officer and Director at Accord Financial Corp. since October 1, 2018. He also serves as a Secretary at Accord Fin...

Leadership Team

NamePositionTenureCompensationOwnership
Simon Hitzig
President6.2yrsCA$427.61k2.59%
CA$ 828.4k
Irene Eddy
Chief Financial Officer2.6yrsCA$516.50k0.047%
CA$ 14.9k
Cathy Osborne
Senior Vice President of Human Resources5.2yrsCA$381.71kno data
Jim Hogan
President of Accord Equipment Finance2.9yrsCA$426.34kno data
Matthew Panosian
Senior VP of Credit & Portfolio - US Asset Based Financeno datano datano data
Cynthia Aboud
Senior Vice President of Business Development for Canada Asset Based Financeno dataCA$258.45kno data
Jason Rosenfeld
President of Canada Asset Based Finance & Accord Financial Incno dataCA$342.76k0.045%
CA$ 14.4k
James Jang
President of Accord Small Business Finance & Canada Equipment Financeno dataCA$530.74k0.51%
CA$ 163.4k
Joey Grossman
Senior Vice President of Credit - Canada Asset Based Financeno datano datano data
Karim Habib
Managing Director of Business Development - Ontario & Western Canada2.2yrsno datano data
JoAnne Evans
Senior Vice President of Operations - Canada Asset Based Finance1.9yrsno datano data
Matthew Helderman
CEO & Co-Founder of Buffalo 8 Productions LLC and CEO & Co-Founder of BondIt Media Capitalno datano datano data

2.8yrs

Average Tenure

Experienced Management: ACD's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Simon Hitzig
President6.2yrsCA$427.61k2.59%
CA$ 828.4k
Jean Holley
Independent Director4.6yrsCA$91.50kno data
Ken Hitzig
Chairman Emeritusno datano datano data
David Beutel
Independent Chairman of the Board10.6yrsCA$114.50k0.029%
CA$ 9.3k
Gary Prager
Independent Director9.6yrsCA$98.13k0.10%
CA$ 33.2k
Stephen Warden
Independent Director14.4yrsCA$82.00k0.11%
CA$ 33.6k
Burt Feinberg
Independent Director2.7yrsCA$84.88kno data
David Spivak
Independent Director2.7yrsCA$69.50k0.029%
CA$ 9.3k

6.2yrs

Average Tenure

61yo

Average Age

Experienced Board: ACD's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:41
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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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

Accord Financial Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Greg McLeishLeede Jones Gable Inc