WELL Health Technologies Management
Management criteria checks 3/4
WELL Health Technologies' CEO is Hamed Shahbazi, appointed in May 2018, has a tenure of 6.5 years. total yearly compensation is CA$6.51M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 5.97% of the company’s shares, worth CA$76.80M. The average tenure of the management team and the board of directors is 5.6 years and 6.6 years respectively.
Key information
Hamed Shahbazi
Chief executive officer
CA$6.5m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 6.5yrs |
| CEO ownership | 6.0% |
| Management average tenure | 5.6yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
When Should You Buy WELL Health Technologies Corp. (TSE:WELL)?
Nov 11
Is WELL Health Technologies (TSE:WELL) A Risky Investment?
Sep 09Market Participants Recognise WELL Health Technologies Corp.'s (TSE:WELL) Revenues Pushing Shares 30% Higher
Jul 05WELL Health Technologies Corp.'s (TSE:WELL) Intrinsic Value Is Potentially 60% Above Its Share Price
Jun 11WELL Health Technologies' (TSE:WELL) Earnings Are Weaker Than They Seem
May 21WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Mar 21Is WELL Health Technologies Corp. (TSE:WELL) Trading At A 40% Discount?
Feb 29The Price Is Right For WELL Health Technologies Corp. (TSE:WELL)
Jan 18WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Oct 30We Think WELL Health Technologies (TSE:WELL) Can Stay On Top Of Its Debt
Jul 17WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Apr 18Are Investors Undervaluing WELL Health Technologies Corp. (TSE:WELL) By 40%?
Jan 13Should You Think About Buying WELL Health Technologies Corp. (TSE:WELL) Now?
Nov 11Is WELL Health Technologies Corp. (TSE:WELL) Potentially Undervalued?
Aug 09WELL Health Technologies Corp.'s (TSE:WELL) Intrinsic Value Is Potentially 43% Above Its Share Price
May 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$73m |
| Jun 30 2024 | n/a | n/a | CA$147m |
| Mar 31 2024 | n/a | n/a | CA$30m |
| Dec 31 2023 | CA$7m | CA$500k | CA$82k |
| Sep 30 2023 | n/a | n/a | -CA$7m |
| Jun 30 2023 | n/a | n/a | -CA$4m |
| Mar 31 2023 | n/a | n/a | -CA$5m |
| Dec 31 2022 | CA$2m | CA$450k | CA$1m |
| Sep 30 2022 | n/a | n/a | -CA$29m |
| Jun 30 2022 | n/a | n/a | -CA$37m |
| Mar 31 2022 | n/a | n/a | -CA$45m |
| Dec 31 2021 | CA$5m | n/a | -CA$44m |
| Sep 30 2021 | n/a | n/a | -CA$29m |
| Jun 30 2021 | n/a | n/a | -CA$21m |
| Mar 31 2021 | n/a | n/a | -CA$9m |
| Dec 31 2020 | CA$710k | n/a | -CA$4m |
| Sep 30 2020 | n/a | n/a | -CA$9m |
| Jun 30 2020 | n/a | n/a | -CA$10m |
| Mar 31 2020 | n/a | n/a | -CA$8m |
| Dec 31 2019 | CA$681k | n/a | -CA$8m |
| Dec 31 2018 | CA$502k | n/a | -CA$2m |
Compensation vs Market: Hamed's total compensation ($USD4.66M) is above average for companies of similar size in the Canadian market ($USD1.83M).
Compensation vs Earnings: Hamed's compensation has been consistent with company performance over the past year.
CEO
Hamed Shahbazi (49 yo)
6.5yrs
Tenure
CA$6,508,755
Compensation
Mr. Hamed Shahbazi, B. Sc., serves as Chairman & Chief Executive Officer at WELL Ventures. He is Chairman of the Board of Healwell AI Inc. from February 2024. He was Director of Healwell AI Inc. from Octob...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 6.5yrs | CA$6.51m | 5.97% CA$ 76.8m | |
| Chief Financial Officer | 5.6yrs | CA$1.15m | 0.70% CA$ 9.0m | |
| Chief Operating Officer | 5.8yrs | CA$1.12m | 0.80% CA$ 10.3m | |
| CEO of WELL Health USA & CRH Medical | 2.8yrs | CA$1.64m | no data | |
| COO of CRH Medical Corporation | 2.2yrs | CA$1.58m | no data | |
| Vice President of Corporate Strategy & Investor Relations | 5.6yrs | no data | no data | |
| Senior Vice President of Corporate Development | 5.6yrs | CA$302.30k | no data | |
| Senior Vice President of Strategic Partnerships & Marketing | 5.8yrs | no data | no data | |
| Chief People Officer | 3.8yrs | no data | no data | |
| Chief Medical Officer | 6yrs | CA$639.73k | no data | |
| Head of Acquisitions - Eastern Canada | 4.3yrs | no data | no data | |
| Chief Information Security Officer | 2.5yrs | no data | no data |
5.6yrs
Average Tenure
55yo
Average Age
Experienced Management: WELL's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 8.7yrs | CA$6.51m | 5.97% CA$ 76.8m | |
| Independent Director | 6.6yrs | CA$257.87k | 0.26% CA$ 3.3m | |
| Independent Director | 8.7yrs | CA$245.50k | 0.18% CA$ 2.4m | |
| Independent Director | 6.8yrs | CA$245.50k | 0.15% CA$ 2.0m | |
| Member of Advisory Board | 5.2yrs | no data | no data | |
| Independent Director | 4.6yrs | CA$245.50k | 0.039% CA$ 498.1k | |
| Independent Director | 2.3yrs | CA$210.24k | 0.20% CA$ 2.6m |
6.6yrs
Average Tenure
62yo
Average Age
Experienced Board: WELL's board of directors are considered experienced (6.6 years average tenure).