The Westaim Corporation

TSXV:WED Stock Report

Market Cap: CA$658.8m

Westaim Management

Management criteria checks 2/4

Westaim's CEO is Cam MacDonald, appointed in Apr 2009, has a tenure of 15.67 years. total yearly compensation is $6.85M, comprised of 8.7% salary and 91.3% bonuses, including company stock and options. directly owns 2.69% of the company’s shares, worth CA$17.74M. The average tenure of the management team and the board of directors is 11.8 years and 9.6 years respectively.

Key information

Cam MacDonald

Chief executive officer

US$6.9m

Total compensation

CEO salary percentage8.7%
CEO tenure15.7yrs
CEO ownership2.7%
Management average tenure11.8yrs
Board average tenure9.6yrs

Recent management updates

Recent updates

Do Insiders Own Lots Of Shares In The Westaim Corporation (CVE:WED)?

Jan 27
Do Insiders Own Lots Of Shares In The Westaim Corporation (CVE:WED)?

James Hays of The Westaim Corporation (CVE:WED) Just Spent US$581k On Shares

Dec 05
James Hays of The Westaim Corporation (CVE:WED) Just Spent US$581k On Shares

CEO Compensation Analysis

How has Cam MacDonald's remuneration changed compared to Westaim's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$40m

Jun 30 2024n/an/a

US$64m

Mar 31 2024n/an/a

US$113m

Dec 31 2023US$7mUS$596k

US$184m

Sep 30 2023n/an/a

US$182m

Jun 30 2023n/an/a

US$142m

Mar 31 2023n/an/a

US$109m

Dec 31 2022US$2mUS$607k

US$18m

Sep 30 2022n/an/a

-US$8m

Jun 30 2022n/an/a

US$10m

Mar 31 2022n/an/a

US$23m

Dec 31 2021US$2mUS$537k

US$28m

Sep 30 2021n/an/a

US$7m

Jun 30 2021n/an/a

US$6m

Mar 31 2021n/an/a

-US$5m

Dec 31 2020US$1mUS$512k

-US$34m

Sep 30 2020n/an/a

-US$33m

Jun 30 2020n/an/a

-US$30m

Mar 31 2020n/an/a

-US$22m

Dec 31 2019US$1mUS$509k

US$9m

Sep 30 2019n/an/a

US$28m

Jun 30 2019n/an/a

US$29m

Mar 31 2019n/an/a

US$21m

Dec 31 2018US$1mUS$512k

US$17m

Sep 30 2018n/an/a

US$17m

Jun 30 2018n/an/a

US$19m

Mar 31 2018n/an/a

US$10m

Dec 31 2017US$2mUS$518k

US$6m

Compensation vs Market: Cam's total compensation ($USD6.85M) is above average for companies of similar size in the Canadian market ($USD1.15M).

Compensation vs Earnings: Cam's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Cam MacDonald

15.7yrs

Tenure

US$6,850,859

Compensation

Mr. John Cameron MacDonald, also known as Cam, CFA served as Independent Director at Skyward Specialty Insurance Group Inc. (formerly known as Houston International Insurance Group, Ltd.) since July 2014 u...

Leadership Team

NamePositionTenureCompensationOwnership
Ian Delaney
Executive Chairman of the Board28.6yrsUS$2.91m6.44%
CA$ 42.4m
John MacDonald
President15.7yrsUS$6.85m2.69%
CA$ 17.7m
Robert Kittel
Chief Operating Officer11.8yrsUS$5.07m0.94%
CA$ 6.2m
Matthew Skurbe
CFO & Chief Risk Officerno datano datano data
Stephen Way
Chief Executive of HIIGno dataUS$614.36kno data
Karen Woodfield
Controllerno datano datano data
Nakul Randev
Principalno datano datano data
Cristina Nunes
Advisorno datano datano data
William Andrus
Advisorno datano datano data

11.8yrs

Average Tenure

74yo

Average Age

Experienced Management: WED's management team is seasoned and experienced (11.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ian Delaney
Executive Chairman of the Board28.6yrsUS$2.91m6.44%
CA$ 42.4m
John MacDonald
President16yrsUS$6.85m2.69%
CA$ 17.7m
Bruce Walter
Independent Director9.6yrsUS$110.00k0.069%
CA$ 457.3k
Kevin Parker
Independent Director4.6yrsUS$116.97kno data
John Gildner
Independent Director15.6yrsUS$124.94k0.12%
CA$ 812.0k
Michael Siegel
Independent Non-Executive Director1.3yrsUS$30.49kno data
Lisa Mazzocco
Independent Lead Director4.6yrsUS$117.28kno data

9.6yrs

Average Tenure

65.5yo

Average Age

Experienced Board: WED's board of directors are considered experienced (9.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 08:29
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

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Analyst Sources

The Westaim Corporation is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vahan AjamianBeacon Securities Limited
Paul HoldenCIBC Capital Markets
Jeffrey FenwickCormark Securities Inc.