Cascades Inc.

TSX:CAS Stock Report

Market Cap: CA$952.8m

Cascades Management

Management criteria checks 2/4

Cascades' CEO is Hugues Simon, appointed in Jun 2024, has a tenure of 1.33 years. total yearly compensation is CA$3.97M, comprised of 12.7% salary and 87.3% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth CA$265.84K. The average tenure of the management team and the board of directors is 6.2 years and 6.4 years respectively.

Key information

Hugues Simon

Chief executive officer

CA$4.0m

Total compensation

CEO salary percentage12.74%
CEO tenure1.3yrs
CEO ownership0.03%
Management average tenure6.2yrs
Board average tenure6.4yrs

Recent management updates

Recent updates

Cascades (TSE:CAS) Has Announced A Dividend Of CA$0.12

May 12
Cascades (TSE:CAS) Has Announced A Dividend Of CA$0.12

Cascades (TSE:CAS) Will Be Looking To Turn Around Its Returns

Apr 09
Cascades (TSE:CAS) Will Be Looking To Turn Around Its Returns

Cascades Inc.'s (TSE:CAS) Subdued P/S Might Signal An Opportunity

Jan 20
Cascades Inc.'s (TSE:CAS) Subdued P/S Might Signal An Opportunity

Cascades (TSE:CAS) Use Of Debt Could Be Considered Risky

Dec 16
Cascades (TSE:CAS) Use Of Debt Could Be Considered Risky

Cascades (TSE:CAS) Has Affirmed Its Dividend Of CA$0.12

Nov 12
Cascades (TSE:CAS) Has Affirmed Its Dividend Of CA$0.12

Cascades Inc. (TSE:CAS) Released Earnings Last Week And Analysts Lifted Their Price Target To CA$12.42

Nov 10
Cascades Inc. (TSE:CAS) Released Earnings Last Week And Analysts Lifted Their Price Target To CA$12.42

Cascades (TSE:CAS) Is Paying Out A Dividend Of CA$0.12

Aug 11
Cascades (TSE:CAS) Is Paying Out A Dividend Of CA$0.12

Cascades (TSE:CAS) Will Pay A Dividend Of CA$0.12

May 14
Cascades (TSE:CAS) Will Pay A Dividend Of CA$0.12

These 4 Measures Indicate That Cascades (TSE:CAS) Is Using Debt Extensively

Dec 05
These 4 Measures Indicate That Cascades (TSE:CAS) Is Using Debt Extensively

Is Cascades (TSE:CAS) A Risky Investment?

Jun 13
Is Cascades (TSE:CAS) A Risky Investment?

Cascades (TSE:CAS) Will Pay A Dividend Of CA$0.12

May 15
Cascades (TSE:CAS) Will Pay A Dividend Of CA$0.12

Is Cascades (TSE:CAS) Using Too Much Debt?

Feb 16
Is Cascades (TSE:CAS) Using Too Much Debt?

Is Cascades (TSE:CAS) A Risky Investment?

Sep 13
Is Cascades (TSE:CAS) A Risky Investment?

CEO Compensation Analysis

How has Hugues Simon's remuneration changed compared to Cascades's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

-CA$8m

Mar 31 2025n/an/a

-CA$4m

Dec 31 2024CA$4mCA$506k

-CA$31m

Compensation vs Market: Hugues's total compensation ($USD2.83M) is above average for companies of similar size in the Canadian market ($USD1.61M).

Compensation vs Earnings: Insufficient data to compare Hugues's compensation with company performance.


CEO

Hugues Simon (54 yo)

1.3yrs
Tenure
CA$3,972,530
Compensation

Mr. Hugues Simon serves as President and Chief Executive Officer of Cascades Inc since June 17, 2024. He had been President of Wood Products (Paper Excellence Group) at Resolute Forest Products Inc. since...


Leadership Team

NamePositionTenureCompensationOwnership
Hugues Simon
President1.3yrsCA$3.97m0.028%
CA$ 265.8k
Alain Lemaire
Co-Founder & Directorno dataCA$1.59m5.69%
CA$ 54.2m
Allan Hogg
VP & CFO15.4yrsCA$1.74m0.11%
CA$ 1.0m
Jean-David Tardif
Executive Vice-President of Packagingless than a yearCA$1.50m0.019%
CA$ 179.0k
Jennifer Aitken
Director of Investor Relationsno datano datano data
Hugo D'Amours
Vice-President12.8yrsno data0.016%
CA$ 149.6k
Riko Gaudreault
Vice President of Corporate Development6.2yrsno data0.021%
CA$ 200.3k
Maryse Fernet
Chief Human Resources Officer9.8yrsno data0.044%
CA$ 422.9k
Jérôme Porlier
Executive Vice-President of Tissueless than a yearno data0.028%
CA$ 267.8k
Michael Guerra
Corporate Secretaryno datano data0.016%
CA$ 153.3k
6.2yrs
Average Tenure
62yo
Average Age

Experienced Management: CAS's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hugues Simon
President1.3yrsCA$3.97m0.028%
CA$ 265.8k
Alain Lemaire
Co-Founder & Director58.8yrsCA$1.59m5.69%
CA$ 54.2m
Michelle Cormier
Independent Lead Director9.3yrsCA$227.50k0.0089%
CA$ 84.7k
Hubert Lacroix
Independent Director6.4yrsCA$193.50k0.0099%
CA$ 94.1k
Patrick Lemaire
Non-Independent Chairman9.8yrsCA$308.10k2.61%
CA$ 24.9m
Sylvie Lemaire
Non-Independent Director26.8yrsCA$168.50k2.1%
CA$ 20.0m
Nelson Gentiletti
Independent Director6yrsCA$189.50k0.014%
CA$ 136.4k
Sylvie Vachon
Independent Director12.4yrsCA$218.50k0.0040%
CA$ 37.6k
Melanie Dunn
Independent Director6yrsCA$193.50k0.0030%
CA$ 28.2k
Elif Levesque
Independent Director6yrsCA$189.50k0.0058%
CA$ 55.6k
Alex Blanco
Independent Director3.4yrsCA$187.00k0.0072%
CA$ 69.0k
6.4yrs
Average Tenure
63yo
Average Age

Experienced Board: CAS's board of directors are considered experienced (6.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/14 11:49
End of Day Share Price 2025/10/14 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Cascades Inc. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen AtkinsonBMO Capital Markets Equity Research
Hamir PatelCIBC Capital Markets
Frederic TremblayDesjardins Securities Inc.