Maple Leaf Foods Management
Management criteria checks 2/4
Maple Leaf Foods' CEO is Curtis Frank, appointed in May 2023, has a tenure of less than a year. total yearly compensation is CA$3.81M, comprised of 25.9% salary and 74.1% bonuses, including company stock and options. directly owns 0.047% of the company’s shares, worth CA$1.33M. The average tenure of the management team and the board of directors is 1.3 years and 4.4 years respectively.
Key information
Curtis Frank
Chief executive officer
CA$3.8m
Total compensation
| CEO salary percentage | 25.9% |
| CEO tenure | less than a year |
| CEO ownership | 0.05% |
| Management average tenure | 1.3yrs |
| Board average tenure | 4.4yrs |
Recent management updates
Recent updates
These 4 Measures Indicate That Maple Leaf Foods (TSE:MFI) Is Using Debt Extensively
Apr 13
Returns On Capital At Maple Leaf Foods (TSE:MFI) Paint A Concerning Picture
Feb 24Investors Appear Satisfied With Maple Leaf Foods Inc.'s (TSE:MFI) Prospects
Feb 06Maple Leaf Foods (TSE:MFI) Is Paying Out A Dividend Of CA$0.21
Dec 05Is Maple Leaf Foods (TSE:MFI) A Risky Investment?
Nov 28Maple Leaf Foods' (TSE:MFI) Dividend Will Be CA$0.21
Nov 06Maple Leaf Foods (TSE:MFI) Has Affirmed Its Dividend Of CA$0.21
Aug 28Maple Leaf Foods (TSE:MFI) Has Affirmed Its Dividend Of CA$0.21
Aug 08Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?
Aug 04Maple Leaf Foods (TSE:MFI) Has Affirmed Its Dividend Of CA$0.21
May 29Maple Leaf Foods (TSE:MFI) Will Pay A Dividend Of CA$0.21
May 15Is Maple Leaf Foods (TSE:MFI) Using Too Much Debt?
Nov 28Maple Leaf Foods (TSE:MFI) Will Be Hoping To Turn Its Returns On Capital Around
Aug 13Maple Leaf Foods (TSE:MFI) Seems To Be Using A Lot Of Debt
Jul 22Returns On Capital Signal Tricky Times Ahead For Maple Leaf Foods (TSE:MFI)
Apr 12Maple Leaf Foods (TSE:MFI) Takes On Some Risk With Its Use Of Debt
Mar 21Maple Leaf Foods' (TSE:MFI) Upcoming Dividend Will Be Larger Than Last Year's
Feb 27Does Maple Leaf Foods (TSE:MFI) Have A Healthy Balance Sheet?
Dec 16Some Investors May Be Worried About Maple Leaf Foods' (TSE:MFI) Returns On Capital
Dec 01Maple Leaf Foods (TSE:MFI) Seems To Use Debt Quite Sensibly
Sep 08There's Been No Shortage Of Growth Recently For Maple Leaf Foods' (TSE:MFI) Returns On Capital
May 20Increases to Maple Leaf Foods Inc.'s (TSE:MFI) CEO Compensation Might Cool off for now
Apr 29Should You Or Shouldn't You: A Dividend Analysis on Maple Leaf Foods Inc. (TSE:MFI)
Apr 14Here's Why Maple Leaf Foods (TSE:MFI) Can Manage Its Debt Responsibly
Apr 01Insider Buying: The Maple Leaf Foods Inc. (TSE:MFI) President of Pork Complex Just Bought 771% More Shares
Mar 19What Percentage Of Maple Leaf Foods Inc. (TSE:MFI) Shares Do Insiders Own?
Mar 08Maple Leaf Foods'(TSE:MFI) Share Price Is Down 26% Over The Past Three Years.
Feb 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$4m | CA$986k | -CA$125m |
| Sep 30 2023 | n/a | n/a | -CA$157m |
| Jun 30 2023 | n/a | n/a | -CA$382m |
| Mar 31 2023 | n/a | n/a | -CA$383m |
| Dec 31 2022 | CA$3m | CA$716k | -CA$312m |
| Sep 30 2022 | n/a | n/a | -CA$269m |
| Jun 30 2022 | n/a | n/a | CA$5m |
| Mar 31 2022 | n/a | n/a | CA$69m |
| Dec 31 2021 | CA$2m | CA$698k | CA$103m |
| Sep 30 2021 | n/a | n/a | CA$126m |
| Jun 30 2021 | n/a | n/a | CA$148m |
| Mar 31 2021 | n/a | n/a | CA$165m |
| Dec 31 2020 | CA$2m | CA$682k | CA$113m |
| Sep 30 2020 | n/a | n/a | CA$105m |
| Jun 30 2020 | n/a | n/a | CA$53m |
| Mar 31 2020 | n/a | n/a | CA$21m |
| Dec 31 2019 | CA$2m | CA$662k | CA$75m |
| Sep 30 2019 | n/a | n/a | CA$69m |
| Jun 30 2019 | n/a | n/a | CA$82m |
| Mar 31 2019 | n/a | n/a | CA$124m |
| Dec 31 2018 | CA$2m | CA$485k | CA$101m |
| Sep 30 2018 | n/a | n/a | CA$148m |
| Jun 30 2018 | n/a | n/a | CA$159m |
| Mar 31 2018 | n/a | n/a | CA$162m |
| Dec 31 2017 | CA$1m | CA$413k | CA$164m |
Compensation vs Market: Curtis's total compensation ($USD2.77M) is about average for companies of similar size in the Canadian market ($USD2.24M).
Compensation vs Earnings: Curtis's compensation has increased whilst the company is unprofitable.
CEO
Curtis Frank
less than a year
Tenure
CA$3,809,492
Compensation
Mr. Curtis Eugene Frank served as Chief Operating Officer for Maple Leaf Foods Inc. since October 1, 2018 until May 2023 and serves as its Director since May 2023 and serves as its President and serves as...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29yrs | CA$4.30m | 39.87% CA$ 1.1b | |
| President | less than a year | CA$3.81m | 0.047% CA$ 1.3m | |
| President & COO | less than a year | CA$1.94m | 0.023% CA$ 638.4k | |
| Chief Supply Chain Officer | 14.2yrs | CA$1.65m | 0.037% CA$ 1.0m | |
| President of Pork Complex | 1.2yrs | CA$2.45m | no data | |
| Chief Financial Officer | less than a year | no data | no data | |
| Chief Information & Technology Officer | 9.2yrs | no data | 0.015% CA$ 420.4k | |
| Vice President of Treasury & Investor Relations | 8.3yrs | no data | 0% CA$ 0 | |
| Senior VP | 5.1yrs | CA$1.88m | 0.013% CA$ 381.3k | |
| Senior Vice President of Strategy & Corporate Development | 5.2yrs | no data | 0.013% CA$ 359.5k | |
| Senior Vice President of Retail & Marketing | 1.3yrs | no data | 0.0042% CA$ 117.9k | |
| Senior Vice President of People | 1.3yrs | no data | no data |
1.3yrs
Average Tenure
53yo
Average Age
Experienced Management: MFI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 29yrs | CA$4.30m | 39.87% CA$ 1.1b | |
| President | less than a year | CA$3.81m | 0.047% CA$ 1.3m | |
| Independent Director | 9yrs | CA$203.20k | 0.0068% CA$ 193.9k | |
| Independent Director | 9.9yrs | CA$205.00k | 0.016% CA$ 445.1k | |
| Independent Director | less than a year | CA$130.07k | no data | |
| Lead Independent Director | 2.8yrs | CA$243.78k | 0.023% CA$ 650.6k | |
| Independent Director | less than a year | CA$118.42k | no data | |
| Independent Director | 5.9yrs | CA$231.49k | 0.021% CA$ 592.5k | |
| Non-Independent Director | 5.9yrs | CA$180.00k | no data | |
| Independent Director | less than a year | CA$118.42k | 0.032% CA$ 905.2k |
4.4yrs
Average Tenure
58yo
Average Age
Experienced Board: MFI's board of directors are considered experienced (4.4 years average tenure).