Payfare Management
Management criteria checks 3/4
Payfare's CEO is Marco Margiotta, appointed in Mar 2016, has a tenure of 8.08 years. total yearly compensation is CA$1.77M, comprised of 28.3% salary and 71.7% bonuses, including company stock and options. directly owns 1.77% of the company’s shares, worth CA$5.12M. The average tenure of the management team and the board of directors is 5.4 years and 3.2 years respectively.
Key information
Marco Margiotta
Chief executive officer
CA$1.8m
Total compensation
| CEO salary percentage | 28.3% |
| CEO tenure | 8.1yrs |
| CEO ownership | 1.8% |
| Management average tenure | 5.4yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Further Upside For Payfare Inc. (TSE:PAY) Shares Could Introduce Price Risks After 31% Bounce
Jan 04
Payfare Inc. (TSE:PAY) Doing What It Can To Lift Shares
Jul 18Rainbows and Unicorns: Payfare Inc. (TSE:PAY) Analysts Just Became A Lot More Optimistic
May 17We're Hopeful That Payfare (TSE:PAY) Will Use Its Cash Wisely
Jan 25Here's Why We're Not Too Worried About Payfare's (TSE:PAY) Cash Burn Situation
Oct 05Payfare (TSE:PAY) Is In A Strong Position To Grow Its Business
Jun 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | CA$11m |
| Jun 30 2023 | n/a | n/a | CA$5m |
| Mar 31 2023 | n/a | n/a | CA$1m |
| Dec 31 2022 | CA$2m | CA$503k | -CA$3m |
| Sep 30 2022 | n/a | n/a | -CA$10m |
| Jun 30 2022 | n/a | n/a | -CA$14m |
| Mar 31 2022 | n/a | n/a | -CA$16m |
| Dec 31 2021 | CA$2m | CA$454k | -CA$21m |
| Sep 30 2021 | n/a | n/a | -CA$23m |
| Jun 30 2021 | n/a | n/a | -CA$25m |
| Mar 31 2021 | n/a | n/a | -CA$26m |
| Dec 31 2020 | CA$2m | CA$336k | -CA$26m |
| Sep 30 2020 | n/a | n/a | -CA$27m |
| Dec 31 2019 | CA$800k | CA$236k | -CA$24m |
| Dec 31 2018 | CA$638k | CA$185k | -CA$13m |
Compensation vs Market: Marco's total compensation ($USD1.29M) is above average for companies of similar size in the Canadian market ($USD763.15K).
Compensation vs Earnings: Marco's compensation has been consistent with company performance over the past year.
CEO
Marco Margiotta
8.1yrs
Tenure
CA$1,774,656
Compensation
Mr. Marco Margiotta serves as Co-Founder of Payfare Inc. and has been its Chief Executive Officer since March 1, 2016 and serves as its Chairman. Mr. Margiotta has been a Director of Payfare Inc. since Dec...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 8.1yrs | CA$1.77m | 1.77% CA$ 5.1m | |
| Co-Founder & Chief Revenue Officer | 7.1yrs | CA$1.47m | 3.38% CA$ 9.8m | |
| Co-Founder & Director | no data | CA$64.32k | 4.74% CA$ 13.7m | |
| CFO & Corporate Secretary | 5.4yrs | CA$1.52m | 0.74% CA$ 2.1m | |
| Chief Technology & Data Officer | 2.9yrs | CA$880.27k | 0.043% CA$ 122.8k | |
| Head of Investor Relations & Corporate Development | 2.4yrs | CA$1.34m | no data | |
| Chief Compliance Officer & Head of Customer Support | no data | no data | no data | |
| Chief Legal Officer | no data | no data | 0.010% CA$ 30.1k |
5.4yrs
Average Tenure
Experienced Management: PAY's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.3yrs | CA$1.77m | 1.77% CA$ 5.1m | |
| Co-Founder & Director | 6.1yrs | CA$64.32k | 4.74% CA$ 13.7m | |
| Lead Independent Director | 8.3yrs | CA$90.06k | 0.22% CA$ 644.4k | |
| Independent Director | 1.7yrs | CA$25.38k | 0.0066% CA$ 19.0k | |
| Independent Director | 3.2yrs | CA$64.32k | 0.032% CA$ 93.3k | |
| Independent Director | 3.2yrs | CA$64.32k | 0.032% CA$ 93.3k | |
| Independent Director | 3.2yrs | CA$64.32k | 0.20% CA$ 572.8k |
3.2yrs
Average Tenure
53yo
Average Age
Experienced Board: PAY's board of directors are considered experienced (3.2 years average tenure).