Terra Firma Capital Management
Management criteria checks 3/4
Terra Firma Capital's CEO is Glenn Watchorn, appointed in Nov 2014, has a tenure of 8.92 years. total yearly compensation is $364.68K, comprised of 87.2% salary and 12.8% bonuses, including company stock and options. directly owns 3.32% of the company’s shares, worth CA$1.36M. The average tenure of the management team and the board of directors is 3.7 years and 7.3 years respectively.
Key information
Glenn Watchorn
Chief executive officer
US$364.7k
Total compensation
| CEO salary percentage | 87.2% |
| CEO tenure | 8.9yrs |
| CEO ownership | 3.3% |
| Management average tenure | 3.7yrs |
| Board average tenure | 7.3yrs |
Recent management updates
Recent updates
Terra Firma Capital's (CVE:TII) Dividend Will Be $0.06
Dec 23
Terra Firma Capital's (CVE:TII) Dividend Will Be $0.06
Sep 23Terra Firma Capital (CVE:TII) Has Affirmed Its Dividend Of CA$0.06
Mar 29Terra Firma Capital (CVE:TII) Has Re-Affirmed Its Dividend Of CA$0.06
Dec 19Terra Firma Capital (CVE:TII) Is Due To Pay A Dividend Of CA$0.06
Nov 21Terra Firma Capital (CVE:TII) Is Due To Pay A Dividend Of CA$0.05
Aug 21Most Shareholders Will Probably Find That The CEO Compensation For Terra Firma Capital Corporation (CVE:TII) Is Reasonable
Jun 17Here's What You Should Know About Terra Firma Capital Corporation's (CVE:TII) 3.4% Dividend Yield
Apr 01Key Things To Consider Before Buying Terra Firma Capital Corporation (CVE:TII) For Its Dividend
Dec 17CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | US$1m |
| Mar 31 2023 | n/a | n/a | US$2m |
| Dec 31 2022 | US$365k | US$318k | US$2m |
| Sep 30 2022 | n/a | n/a | US$3m |
| Jun 30 2022 | n/a | n/a | US$3m |
| Mar 31 2022 | n/a | n/a | US$3m |
| Dec 31 2021 | US$501k | US$332k | US$3m |
| Sep 30 2021 | n/a | n/a | US$3m |
| Jun 30 2021 | n/a | n/a | US$3m |
| Mar 31 2021 | n/a | n/a | US$3m |
| Dec 31 2020 | US$426k | US$320k | US$2m |
| Sep 30 2020 | n/a | n/a | US$2m |
| Jun 30 2020 | n/a | n/a | US$2m |
| Mar 31 2020 | n/a | n/a | US$3m |
| Dec 31 2019 | US$486k | US$310k | US$3m |
| Sep 30 2019 | n/a | n/a | US$4m |
| Jun 30 2019 | n/a | n/a | US$2m |
| Mar 31 2019 | n/a | n/a | US$2m |
| Dec 31 2018 | US$438k | US$292k | US$2m |
| Sep 30 2018 | n/a | n/a | US$980k |
| Jun 30 2018 | n/a | n/a | US$2m |
| Mar 31 2018 | n/a | n/a | US$1m |
| Dec 31 2017 | US$334k | US$310k | US$1m |
| Sep 30 2017 | n/a | n/a | US$711k |
| Jun 30 2017 | n/a | n/a | US$1m |
| Mar 31 2017 | n/a | n/a | US$1m |
| Dec 31 2016 | US$614k | US$283k | US$1m |
Compensation vs Market: Glenn's total compensation ($USD364.68K) is above average for companies of similar size in the Canadian market ($USD180.98K).
Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.
CEO
Glenn Watchorn
8.9yrs
Tenure
US$364,679
Compensation
Mr. Glenn Watchorn has been the Chief Executive Officer of Terra Firma Capital Corporation since June 2, 2016 and as its President since November 10, 2014. As President and CEO, Mr. Watchorn is responsible...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.3yrs | US$360.05k | 5.89% CA$ 2.4m | |
| CEO & President | 8.9yrs | US$364.68k | 3.32% CA$ 1.4m | |
| CFO & Corporate Secretary | 1.3yrs | US$231.29k | no data | |
| Managing Director | 3.8yrs | US$259.24k | 1.78% CA$ 731.5k | |
| Managing Director | 1.8yrs | US$212.34k | no data | |
| MD & Principal Broker | 11.4yrs | US$247.24k | 0.087% CA$ 35.5k |
3.7yrs
Average Tenure
Experienced Management: TII's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 7.3yrs | US$360.05k | 5.89% CA$ 2.4m | |
| Independent Lead Director | 16.2yrs | US$35.54k | 1.1% CA$ 450.5k | |
| Independent Director | 16.2yrs | US$45.70k | 0.68% CA$ 276.9k | |
| Independent Director | 1.3yrs | US$17.91k | 0% CA$ 0 | |
| Independent Director | less than a year | no data | 0% CA$ 0 |
7.3yrs
Average Tenure
66yo
Average Age
Experienced Board: TII's board of directors are considered experienced (7.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/27 20:37 |
| End of Day Share Price | 2023/10/27 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Terra Firma Capital Corporation is covered by 5 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nick Corcoran | Acumen Capital Finance Partners Limited |
| Vahan Ajamian | Beacon Securities Limited |
| Jeffrey Fenwick | Cormark Securities Inc. |