Everyday People Financial Management
Management criteria checks 2/4
Everyday People Financial's CEO is Barret Reykdal, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is CA$272.00K, comprised of 125% salary and -25% bonuses, including company stock and options. directly owns 6.27% of the company’s shares, worth CA$2.71M. The average tenure of the management team and the board of directors is 2.9 years and 1.8 years respectively.
Key information
Barret Reykdal
Chief executive officer
CA$272.0k
Total compensation
| CEO salary percentage | 125.0% |
| CEO tenure | less than a year |
| CEO ownership | 6.3% |
| Management average tenure | 2.9yrs |
| Board average tenure | 1.8yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -CA$23m |
| Jun 30 2023 | n/a | n/a | -CA$33m |
| Mar 31 2023 | n/a | n/a | -CA$37m |
| Dec 31 2022 | CA$272k | CA$340k | -CA$37m |
| Sep 30 2022 | n/a | n/a | -CA$19m |
| Jun 30 2022 | n/a | n/a | -CA$10m |
| Mar 31 2022 | n/a | n/a | -CA$7m |
| Dec 31 2021 | n/a | n/a | -CA$6m |
| Sep 30 2021 | CA$240k | CA$240k | -CA$5m |
Compensation vs Market: Barret's total compensation ($USD197.69K) is about average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: Barret's compensation has increased whilst the company is unprofitable.
CEO
Barret Reykdal (45 yo)
less than a year
Tenure
CA$272,000
Compensation
Mr. Barret J. Reykdal serves as President and has been Director of Everyday People Financial Corp. since August 31, 2022 and serves as its Co-Chief Executive Officer since August 2023 and served as its Chi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | less than a year | CA$272.00k | 6.27% CA$ 2.7m | |
| Co-CEO & Director | less than a year | CA$1.07m | 1.95% CA$ 843.0k | |
| Chief Financial Officer | 3.6yrs | CA$213.33k | 2.8% CA$ 1.2m | |
| Chairman of EP Homes | 1.1yrs | CA$81.36k | no data | |
| Executive Chairman | 1.1yrs | no data | 0.31% CA$ 134.3k | |
| Senior Vice President of Operations & Corporate Secretary | 3.3yrs | no data | 0.11% CA$ 48.7k | |
| Chief Technology Officer | 2.1yrs | no data | 0.0069% CA$ 3.0k | |
| President of Climb | 2.9yrs | no data | no data | |
| Senior Vice President of EP Homes | 3.1yrs | no data | no data | |
| Senior Vice President of EP Cards & Payments | 3.1yrs | no data | 0.35% CA$ 152.7k | |
| Senior Vice President of EP Care | 3.6yrs | no data | no data |
2.9yrs
Average Tenure
49yo
Average Age
Experienced Management: EPF's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.8yrs | CA$272.00k | 6.27% CA$ 2.7m | |
| Co-CEO & Director | less than a year | CA$1.07m | 1.95% CA$ 843.0k | |
| Executive Chairman | 1.1yrs | no data | 0.31% CA$ 134.3k | |
| Independent Director | 1.8yrs | CA$30.00k | 0.11% CA$ 49.5k | |
| Independent Director | 1.8yrs | CA$28.50k | 3.98% CA$ 1.7m | |
| Independent Director | 1.8yrs | CA$29.25k | 0.62% CA$ 266.1k | |
| Independent Director | 1.8yrs | CA$29.00k | 0.16% CA$ 68.5k |
1.8yrs
Average Tenure
53yo
Average Age
Experienced Board: EPF's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.