IOU Financial Management
Management criteria checks 2/4
IOU Financial's CEO is Robert Gloer, appointed in Jan 2008, has a tenure of 15.75 years. total yearly compensation is CA$649.52K, comprised of 52.6% salary and 47.4% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth CA$51.69K. The average tenure of the management team and the board of directors is 2.2 years and 3.9 years respectively.
Key information
Robert Gloer
Chief executive officer
CA$649.5k
Total compensation
| CEO salary percentage | 52.6% |
| CEO tenure | 15.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | -CA$4m |
| Mar 31 2023 | n/a | n/a | -CA$3m |
| Dec 31 2022 | CA$650k | CA$342k | CA$39k |
| Sep 30 2022 | n/a | n/a | CA$3m |
| Jun 30 2022 | n/a | n/a | CA$6m |
| Mar 31 2022 | n/a | n/a | CA$5m |
| Dec 31 2021 | CA$286k | CA$286k | CA$4m |
| Sep 30 2021 | n/a | n/a | CA$4m |
| Jun 30 2021 | n/a | n/a | CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$757k |
| Dec 31 2020 | CA$244k | CA$244k | -CA$3m |
| Sep 30 2020 | n/a | n/a | -CA$3m |
| Jun 30 2020 | n/a | n/a | -CA$4m |
| Mar 31 2020 | n/a | n/a | -CA$704k |
| Dec 31 2019 | CA$268k | CA$268k | CA$2m |
| Sep 30 2019 | n/a | n/a | CA$2m |
| Jun 30 2019 | n/a | n/a | CA$1m |
| Mar 31 2019 | n/a | n/a | CA$2m |
| Dec 31 2018 | CA$324k | CA$249k | CA$3m |
| Sep 30 2018 | n/a | n/a | CA$2m |
| Jun 30 2018 | n/a | n/a | CA$270k |
| Mar 31 2018 | n/a | n/a | -CA$3m |
| Dec 31 2017 | CA$237k | CA$237k | -CA$4m |
| Sep 30 2017 | n/a | n/a | -CA$6m |
| Jun 30 2017 | n/a | n/a | -CA$5m |
| Mar 31 2017 | n/a | n/a | -CA$4m |
| Dec 31 2016 | CA$232k | CA$232k | -CA$5m |
Compensation vs Market: Robert's total compensation ($USD475.09K) is above average for companies of similar size in the Canadian market ($USD180.98K).
Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.
CEO
Robert Gloer (51 yo)
15.8yrs
Tenure
CA$649,523
Compensation
Mr. Robert Gloer serves as Director at IOU Financial Inc. since June 10, 2021. He had been the Chief Operating Officer of IOU Financial Inc. since December 2008 until June 10, 2021 and has been its Preside...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 15.8yrs | CA$649.52k | 0.23% CA$ 51.7k | |
| Founder | 2.3yrs | CA$84.50k | no data | |
| Executive Vice President of Risk Mitigation | 2.2yrs | CA$300.36k | 0.15% CA$ 34.4k | |
| CFO, Chief Accounting Officer & Secretary | 1.2yrs | no data | no data | |
| Executive Vice President of Operations | 2.2yrs | CA$8.10k | no data | |
| Vice President of Compliance | 2.2yrs | no data | no data | |
| Vice President of Sales | less than a year | no data | no data | |
| Executive Vice President of Strategy | 2.2yrs | no data | no data | |
| Executive Vice President of Finance | 2.2yrs | no data | no data | |
| Vice President of Underwriting | 1.8yrs | no data | no data |
2.2yrs
Average Tenure
50yo
Average Age
Experienced Management: IOU's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | CA$649.52k | 0.23% CA$ 51.7k | |
| Founder | 18.2yrs | CA$84.50k | no data | |
| Independent Director | 2.8yrs | CA$30.76k | no data | |
| Independent Director | 2.7yrs | CA$23.14k | 0.00047% CA$ 106.6 | |
| Independent Director | 7.3yrs | CA$30.99k | 0.26% CA$ 59.7k | |
| Independent Chairman of the Board | 13.8yrs | CA$34.35k | 0.21% CA$ 46.5k | |
| Non-Independent Director | 3.9yrs | CA$20.14k | no data |
3.9yrs
Average Tenure
58yo
Average Age
Experienced Board: IOU's board of directors are considered experienced (3.9 years average tenure).