Mattr Management
Management criteria checks 3/4
Mattr's CEO is Mike Reeves, appointed in Mar 2021, has a tenure of 3.75 years. total yearly compensation is CA$4.74M, comprised of 18.1% salary and 81.9% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth CA$1.29M. The average tenure of the management team and the board of directors is 3.8 years and 3.5 years respectively.
Key information
Mike Reeves
Chief executive officer
CA$4.7m
Total compensation
| CEO salary percentage | 18.1% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.2% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
Mattr's (TSE:MATR) Conservative Accounting Might Explain Soft Earnings
Nov 20
We Think Mattr (TSE:MATR) Can Stay On Top Of Its Debt
Nov 09Shareholders Should Be Pleased With Mattr Corp.'s (TSE:MATR) Price
Oct 09Mattr Corp.'s (TSE:MATR) CEO Will Probably Have Their Compensation Approved By Shareholders
May 09Investors Can Find Comfort In Mattr's (TSE:MATR) Earnings Quality
Mar 22Estimating The Intrinsic Value Of Shawcor Ltd. (TSE:MATR)
Sep 22We Think Shawcor (TSE:MATR) Can Stay On Top Of Its Debt
Jun 22Estimating The Intrinsic Value Of Shawcor Ltd. (TSE:SCL)
May 13Is Shawcor (TSE:SCL) Using Too Much Debt?
Feb 08Is Shawcor (TSE:SCL) Using Too Much Debt?
Jun 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$24m |
| Jun 30 2024 | n/a | n/a | CA$35m |
| Mar 31 2024 | n/a | n/a | CA$35m |
| Dec 31 2023 | CA$5m | CA$858k | CA$56m |
| Sep 30 2023 | n/a | n/a | CA$60m |
| Jun 30 2023 | n/a | n/a | CA$72m |
| Mar 31 2023 | n/a | n/a | CA$122m |
| Dec 31 2022 | CA$4m | CA$747k | CA$94m |
| Sep 30 2022 | n/a | n/a | CA$22m |
| Jun 30 2022 | n/a | n/a | -CA$15m |
| Mar 31 2022 | n/a | n/a | -CA$71m |
| Dec 31 2021 | CA$4m | CA$606k | -CA$79m |
Compensation vs Market: Mike's total compensation ($USD3.30M) is above average for companies of similar size in the Canadian market ($USD1.15M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Reeves (52 yo)
3.8yrs
Tenure
CA$4,739,856
Compensation
Mr. Michael E. Reeves, also known as Mike, has been President of Mattr Corp. (formerly known as Shawcor Ltd.) since March 3, 2021 and serves as its Chief Executive Officer and Director since June 01, 2021....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.8yrs | CA$4.74m | 0.16% CA$ 1.3m | |
| Senior VP of Finance & CFO | 2.5yrs | CA$2.14m | 0.033% CA$ 258.0k | |
| Group President of Connection Technologies | 8.6yrs | CA$1.14m | 0.087% CA$ 688.2k | |
| Senior VP of Legal | less than a year | no data | 0.0025% CA$ 19.8k | |
| VP of Legal & Chief Compliance Officer | no data | no data | no data | |
| Vice President of External Communication & ESG | no data | no data | 0.00099% CA$ 7.8k | |
| Senior VP | 5yrs | no data | 0.017% CA$ 130.9k |
3.8yrs
Average Tenure
Experienced Management: MATR's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | CA$4.74m | 0.16% CA$ 1.3m | |
| Independent Director | 4.5yrs | CA$214.00k | 0.14% CA$ 1.1m | |
| Independent Chair | 3.6yrs | CA$223.30k | 0.013% CA$ 99.2k | |
| Independent Director | 1.6yrs | CA$120.70k | 0.0031% CA$ 24.8k | |
| Independent Director | 5yrs | CA$203.50k | 0.024% CA$ 191.0k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.6yrs | CA$197.00k | 0.0089% CA$ 70.1k |
3.5yrs
Average Tenure
63yo
Average Age
Experienced Board: MATR's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:53 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mattr Corp. is covered by 15 analysts. 8 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 |
|---|---|
| Tim Monachello | ATB Capital Markets |
| John Gibson | BMO Capital Markets Equity Research |
| Yuri Lynk | Canaccord Genuity |