Clairvest Group Management

Management criteria checks 3/4

Clairvest Group's CEO is Ken Rotman, appointed in Jan 2018, has a tenure of 6.5 years. total yearly compensation is CA$4.80M, comprised of 8.5% salary and 91.5% bonuses, including company stock and options. directly owns 34.39% of the company’s shares, worth CA$358.93M. The average tenure of the management team and the board of directors is 6.5 years and 11.9 years respectively.

Key information

Ken Rotman

Chief executive officer

CA$4.8m

Total compensation

CEO salary percentage	8.5%
CEO tenure	6.5yrs
CEO ownership	34.4%
Management average tenure	6.5yrs
Board average tenure	11.9yrs

Recent management updates

Recent updates

Clairvest Group (TSE:CVG) Has Announced A Dividend Of CA$0.8016

Jul 03

Should You Be Adding Clairvest Group (TSE:CVG) To Your Watchlist Today?

Jun 29

Here's Why Clairvest Group Inc.'s (TSE:CVG) CEO Compensation Is The Least Of Shareholders' Concerns

Aug 05

Did You Participate In Any Of Clairvest Group's (TSE:CVG) Fantastic 128% Return ?

Jan 14

Here's What Clairvest Group Inc.'s (TSE:CVG) Shareholder Ownership Structure Looks Like

Dec 27

What Makes Clairvest Group Inc. (TSE:CVG) A Great Dividend Stock?

Dec 09

How Much Are Clairvest Group Inc. (TSE:CVG) Insiders Spending On Buying Shares?

Nov 21

CEO Compensation Analysis

How has Ken Rotman's remuneration changed compared to Clairvest Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	CA$5m	CA$410k	-CA$3m
Dec 31 2023	n/a	n/a	-CA$43m
Sep 30 2023	n/a	n/a	-CA$883k
Jun 30 2023	n/a	n/a	CA$83m
Mar 31 2023	CA$7m	CA$410k	CA$52m
Dec 31 2022	n/a	n/a	CA$273m
Sep 30 2022	n/a	n/a	CA$312m
Jun 30 2022	n/a	n/a	CA$301m
Mar 31 2022	CA$4m	CA$390k	CA$330m
Dec 31 2021	n/a	n/a	CA$138m
Sep 30 2021	n/a	n/a	CA$111m
Jun 30 2021	n/a	n/a	CA$59m
Mar 31 2021	CA$3m	CA$330k	CA$105m
Dec 31 2020	n/a	n/a	CA$65m
Sep 30 2020	n/a	n/a	CA$88m
Jun 30 2020	n/a	n/a	CA$128m
Mar 31 2020	CA$4m	CA$330k	CA$69m
Dec 31 2019	n/a	n/a	CA$122m
Sep 30 2019	n/a	n/a	CA$73m
Jun 30 2019	n/a	n/a	CA$70m
Mar 31 2019	CA$4m	CA$327k	CA$119m
Dec 31 2018	n/a	n/a	CA$111m
Sep 30 2018	n/a	n/a	CA$161m
Jun 30 2018	n/a	n/a	CA$190m
Mar 31 2018	CA$3m	CA$327k	CA$124m

Compensation vs Market: Ken's total compensation ($USD3.53M) is above average for companies of similar size in the Canadian market ($USD1.87M).

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

CEO

Ken Rotman

6.5yrs

Tenure

CA$4,800,018

Compensation

Mr. Kenneth Brice Rotman, also known as Ken, has been the Chief Executive Officer of Clairvest Group Inc. since January 1, 2018 and serves as its Managing Director & Director. He serves as Director at Nova...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kenneth Rotman	CEO, MD & Non-Independent Director	6.5yrs	CA$4.80m	34.39% CA$ 358.9m
Jeffrey Parr	Vice-Chairman & Non-Independent Director	24.1yrs	CA$41.67k	5.2% CA$ 54.3m
Michael Wagman	President	6.5yrs	CA$3.89m	3.92% CA$ 40.9m
Daniel Cheng	Chief Financial Officer & Partner	15yrs	CA$1.03m	0.34% CA$ 3.6m
James Miller	Partner	2.5yrs	no data	0.15% CA$ 1.6m
Stephanie Lo	Director of Investor Relations & Marketing	3.2yrs	no data	no data
Mitchell Green	Managing Director	10.9yrs	no data	1.42% CA$ 14.8m
Michael Castellarin	Managing Director	no data	no data	0.92% CA$ 9.6m
Sebastien Dhonte	Managing Director	5.5yrs	no data	0.37% CA$ 3.9m
Robert Isenberg	Managing Director	no data	no data	0.78% CA$ 8.1m
Angus Cole	Managing Director	no data	no data	0.57% CA$ 5.9m
Mohit Kansal	Managing Director	8.2yrs	no data	0.11% CA$ 1.1m

6.5yrs

Average Tenure

Experienced Management: CVG's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kenneth Rotman	CEO, MD & Non-Independent Director	24.1yrs	CA$4.80m	34.39% CA$ 358.9m
Jeffrey Parr	Vice-Chairman & Non-Independent Director	24.1yrs	CA$41.67k	5.2% CA$ 54.3m
Michael Wagman	President	6.5yrs	CA$3.89m	3.92% CA$ 40.9m
Michael Bregman	Non-Independent Chairman	33.4yrs	CA$118.01k	no data
Lionel Schipper	Independent Director	37.4yrs	CA$45.00k	0.25% CA$ 2.6m
G. Krediet	Independent Director	19.8yrs	CA$60.23k	3.84% CA$ 40.1m
John Barnett	Independent Director	14.9yrs	CA$50.50k	1.91% CA$ 20.0m
Anne-Mette De Place Filippini	Independent Director	3.8yrs	CA$36.50k	0.10% CA$ 1.1m
Rick Watkin	Independent Director	8.9yrs	CA$36.50k	0.51% CA$ 5.4m
William Morneau	Independent Director	2.1yrs	CA$38.50k	0.46% CA$ 4.8m
Joseph Fluet	Independent Director	5.9yrs	CA$35.00k	no data
Peter Zemsky	Independent Director	less than a year	CA$23.76k	no data

11.9yrs

Average Tenure

79yo

Average Age

Experienced Board: CVG's board of directors are seasoned and experienced ( 11.9 years average tenure).

Clairvest Group Management

Management criteria checks 3/4

Key information

Recent management updates

Clairvest Group Inc., Annual General Meeting, Aug 13, 2024

Clairvest Group Inc. Announces Board Changes

Independent Director recently bought CA$4.1m worth of stock

Clairvest Group Inc., Annual General Meeting, Aug 10, 2023

Managing Director recently bought CA$181k worth of stock

Independent Director recently bought CA$111k worth of stock

Recent updates

Clairvest Group (TSE:CVG) Has Announced A Dividend Of CA$0.8016

Dividend of CA$0.80 announced

New major risk - Revenue and earnings growth

Full year 2024 earnings released: CA$0.23 loss per share (vs CA$3.48 profit in FY 2023)

An undisclosed buyer acquired an unknown minority stake in Durante Rentals, LLC from Clairvest Group Inc. (TSX:CVG) and Clairvest Equity Partners V Limited Partnership for $25 million.

Clairvest Group Inc., Annual General Meeting, Aug 13, 2024

Now 22% undervalued

Valmar Group entered into an agreement to acquireGrupo Marina del Sol from Clairvest Group Inc.

Now 21% undervalued

Third quarter 2024 earnings released: CA$0.34 loss per share (vs CA$2.49 profit in 3Q 2023)

Now 20% undervalued after recent price drop

Now 22% undervalued after recent price drop

Second quarter 2024 earnings released: CA$2.93 loss per share (vs CA$2.66 profit in 2Q 2023)

New minor risk - Insider selling

Now 21% undervalued after recent price drop

First quarter 2024 earnings released: EPS: CA$1.30 (vs CA$0.75 loss in 1Q 2023)

Clairvest Group Inc. Announces Board Changes

Waste Connections, Inc. (NYSE:WCN) acquired Arrowhead Environmental Partners, LLC from Clairvest Equity Partners VI Limited Partnership a fund managed by Clairvest Group Inc. (TSX:CVG) and others.

Now 21% undervalued

Independent Director recently bought CA$4.1m worth of stock

New minor risk - Profit margin trend

Clairvest Group Inc. Declares Dividend for the Year Ended March 31, 2023, Payable on July 27, 2023

Full year 2023 earnings released: EPS: CA$3.48 (vs CA$21.93 in FY 2022)

Clairvest Group Inc., Annual General Meeting, Aug 10, 2023

Third quarter 2023 earnings released: EPS: CA$2.49 (vs CA$5.08 in 3Q 2022)

Managing Director recently bought CA$181k worth of stock

Now 21% undervalued

Now 20% undervalued

Independent Director recently bought CA$111k worth of stock

Macquarie Asset Management Inc. along with fund managed by him acquired unknown minority stake in DTG Recycling Group from Clairvest Equity Partners V Limited Partnership a fund managed by Clairvest Group Inc. (TSX:CVG).

Macquarie Asset Management Inc. along with fund managed by him acquired unknown minority stake in DTG Recycling Group from Clairvest Equity Partners V Limited Partnership a fund managed by Clairvest Group Inc. (TSX:CVG).

Second quarter 2023 earnings released: EPS: CA$2.66 (vs CA$1.89 in 2Q 2022)

Managing Director recently bought CA$167k worth of stock

CEO, MD & Director recently bought CA$1.3m worth of stock

Prism Data, LLC made a proposal to acquire remaining 64.2% stake in Digital Media Solutions, Inc. (NYSE:DMS) from Clairvest Equity Partners V Limited Partnership, managed by Clairvest Group Inc. (TSX:CVG), Lion Capital LLP and others for approximately $110 million.

First quarter 2023 earnings released: CA$0.75 loss per share (vs CA$1.21 profit in 1Q 2022)

Investor sentiment improved over the past week

Insider recently bought CA$160k worth of stock

Should You Be Adding Clairvest Group (TSE:CVG) To Your Watchlist Today?

Clairvest Group Inc. Declares Special Dividend, Payable on July 28, 2022

Full year 2022 earnings released

Clairvest Group Inc., Annual General Meeting, Aug 10, 2022

Insufficient new directors

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Stem, Inc. (NYSE:STEM) completed the acquisition of AlsoEnergy, Inc. from Clairvest Equity Partners V Limited Partnership, managed by Clairvest Group Inc. (TSX:CVG) and others.

Stem, Inc. (NYSE:STEM) agreed to acquire AlsoEnergy, Inc. from Clairvest Equity Partners V Limited Partnership, managed by Clairvest Group Inc. (TSX:CVG) and others for approximately $700 million.

Insufficient new directors

Clairvest Equity Partners VI Limited Partnership managed by Clairvest Group Inc. (TSX:CVG) and Rubico Gaming LLC completed the acquisition of Casino and Racetrack Business from Delaware Park LLC.

Second quarter 2022 earnings released: EPS CA$1.89 (vs CA$1.61 loss in 2Q 2021)

First quarter 2022 earnings released: EPS CA$1.21 (vs CA$4.27 in 1Q 2021)

Here's Why Clairvest Group Inc.'s (TSE:CVG) CEO Compensation Is The Least Of Shareholders' Concerns

Full year 2021 earnings released: EPS CA$6.96 (vs CA$4.60 in FY 2020)

Clairvest Group Inc. Declares Special Dividend for the Year Ended March 31, 2021, Payable on July 23, 2021

Should Clairvest Group Inc. (TSE:CVG) Be Part Of Your Dividend Portfolio?

Who Has Been Buying Clairvest Group Inc. (TSE:CVG) Shares?

Third quarter 2021 earnings released: EPS CA$3.32 (vs CA$4.83 in 3Q 2020)

New 90-day high: CA$57.00

Why Clairvest Group's (TSE:CVG) CEO Pay Matters

New 90-day high: CA$56.81

Did You Participate In Any Of Clairvest Group's (TSE:CVG) Fantastic 128% Return ?

New 90-day high: CA$53.91

Gryphon Investors Inc acquired unknown majority stake in Right Time Heating and Air Conditioning Canada Inc. from Clairvest Equity Partners V Limited Partnership, managed by Clairvest Group Inc. (TSX:CVG) and management shareholders.

Here's What Clairvest Group Inc.'s (TSE:CVG) Shareholder Ownership Structure Looks Like

What Makes Clairvest Group Inc. (TSE:CVG) A Great Dividend Stock?

New 90-day low: CA$47.02

How Much Are Clairvest Group Inc. (TSE:CVG) Insiders Spending On Buying Shares?

Second quarter 2021 earnings released: CA$1.61 loss per share

Clairvest Group Inc. Appoints Anne Mette De Place Filippini to Its Board of Director

New 90-day high: CA$51.05