Accord Financial Management

Management criteria checks 3/4

Accord Financial's CEO is Simon Hitzig, appointed in Oct 2018, has a tenure of 5.5 years. total yearly compensation is CA$427.91K, comprised of 93.5% salary and 6.5% bonuses, including company stock and options. directly owns 2.59% of the company’s shares, worth CA$1.03M. The average tenure of the management team and the board of directors is 2.1 years and 5.5 years respectively.

Key information

Simon Hitzig

Chief executive officer

CA$427.9k

Total compensation

CEO salary percentage93.5%
CEO tenure5.5yrs
CEO ownership2.6%
Management average tenure2.1yrs
Board average tenure5.5yrs

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
Dec 31 2023n/an/a

-CA$15m

Sep 30 2023n/an/a

-CA$11m

Jun 30 2023n/an/a

-CA$76k

Mar 31 2023n/an/a

CA$306k

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 ($USD312.33K) is above average for companies of similar size in the Canadian market ($USD175.48K).

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


CEO

Simon Hitzig

5.5yrs

Tenure

CA$427,912

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
President5.5yrsCA$427.91k2.59%
CA$ 1.0m
Irene Eddy
Senior VP & CFO1.9yrsCA$540.61k0.047%
CA$ 18.6k
Jim Hogan
President of Accord Equipment Finance2.3yrsCA$407.86kno data
Cathy Osborne
Senior Vice President of Human Resources4.5yrsno datano 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$342.76k0.045%
CA$ 18.0k
James Jang
President of Accord Small Business Finance & Canada Equipment Financeno dataCA$530.74k0.51%
CA$ 203.8k
Joey Grossman
Senior Vice President of Credit - Canada Asset Based Financeno datano datano data
Karim Habib
Managing Director of Business Development - Ontario & Western Canada1.5yrsno datano data
JoAnne Evans
Senior Vice President of Operations - Canada Asset Based Finance1.3yrsno datano data
Matthew Helderman
CEO & Co-Founder of Buffalo 8 Productions LLC and CEO & Co-Founder of BondIt Media Capitalno datano datano data

2.1yrs

Average Tenure

Experienced Management: ACD's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Simon Hitzig
President5.5yrsCA$427.91k2.59%
CA$ 1.0m
Jean Holley
Independent Director3.9yrsCA$99.50kno data
Ken Hitzig
Chairman Emeritusno datano datano data
David Beutel
Independent Chairman of the Board9.9yrsCA$114.50kno data
Gary Prager
Independent Director8.9yrsCA$107.91k0.10%
CA$ 41.4k
Stephen Warden
Independent Director13.8yrsCA$82.00k0.11%
CA$ 41.8k
Burt Feinberg
Independent Director2yrsCA$64.60kno data
David Spivak
Independent Director2yrsCA$52.13k0.029%
CA$ 11.6k

5.5yrs

Average Tenure

60yo

Average Age

Experienced Board: ACD's board of directors are considered experienced (5.5 years average tenure).


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