Accord Financial Corp.

TSX:ACD Stock Report

Market Cap: CA$34.8m

Accord Financial Management

Management criteria checks 3/4

Accord Financial's CEO is Simon Hitzig, appointed in Oct 2018, has a tenure of 6.08 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$899.47K. The average tenure of the management team and the board of directors is 2.7 years and 6.1 years respectively.

Key information

Simon Hitzig

Chief executive officer

CA$427.6k

Total compensation

CEO salary percentage93.6%
CEO tenure6.1yrs
CEO ownership2.6%
Management average tenure2.7yrs
Board average tenure6.1yrs

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 ($USD303.50K) is above average for companies of similar size in the Canadian market ($USD170.34K).

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

CEO

Simon Hitzig

6.1yrs

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
President6.1yrsCA$427.61k2.59%
CA$ 899.5k
Irene Eddy
Chief Financial Officer2.5yrsCA$516.50k0.047%
CA$ 16.2k
Cathy Osborne
Senior Vice President of Human Resources5.1yrsCA$381.71kno data
Jim Hogan
President of Accord Equipment Finance2.8yrsCA$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$342.76k0.045%
CA$ 15.6k
James Jang
President of Accord Small Business Finance & Canada Equipment Financeno dataCA$530.74k0.51%
CA$ 177.5k
Joey Grossman
Senior Vice President of Credit - Canada Asset Based Financeno datano datano data
Karim Habib
Managing Director of Business Development - Ontario & Western Canada2.1yrsno datano data
JoAnne Evans
Senior Vice President of Operations - Canada Asset Based Finance1.8yrsno datano data
Matthew Helderman
CEO & Co-Founder of Buffalo 8 Productions LLC and CEO & Co-Founder of BondIt Media Capitalno datano datano data

2.7yrs

Average Tenure

Experienced Management: ACD's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Simon Hitzig
President6.1yrsCA$427.61k2.59%
CA$ 899.5k
Jean Holley
Independent Director4.5yrsCA$91.50kno data
Ken Hitzig
Chairman Emeritusno datano datano data
David Beutel
Independent Chairman of the Board10.5yrsCA$114.50k0.029%
CA$ 10.1k
Gary Prager
Independent Director9.5yrsCA$98.13k0.10%
CA$ 36.0k
Stephen Warden
Independent Director14.3yrsCA$82.00k0.10%
CA$ 36.5k
Burt Feinberg
Independent Director2.6yrsCA$84.88kno data
David Spivak
Independent Director2.6yrsCA$69.50k0.029%
CA$ 10.1k

6.1yrs

Average Tenure

61yo

Average Age

Experienced Board: ACD's board of directors are considered experienced (6.1 years average tenure).