Major Drilling Group International Inc.

TSX:MDI Stock Report

Mkt Cap: CA$880.9m

Major Drilling Group International Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

Denis Larocque (52 yo)

7.42yrs

Tenure

CA$1,196,598

Compensation

Mr. Denis Larocque has been President and Chief Executive Officer of Major Drilling Group International Inc. since September 11, 2015. Mr. Larocque joined Major Drilling Group International Inc. in 1994 an...


CEO Compensation Analysis

How has Denis Larocque's remuneration changed compared to Major Drilling Group International's earnings?
DateTotal Comp.SalaryCompany Earnings
Oct 31 2022n/an/a

CA$76m

Jul 31 2022n/an/a

CA$67m

Apr 30 2022CA$1mCA$433k

CA$53m

Jan 31 2022n/an/a

CA$33m

Oct 31 2021n/an/a

CA$26m

Jul 31 2021n/an/a

CA$19m

Apr 30 2021CA$922kCA$412k

CA$10m

Jan 31 2021n/an/a

-CA$67m

Oct 31 2020n/an/a

-CA$75m

Jul 31 2020n/an/a

-CA$75m

Apr 30 2020CA$915kCA$400k

-CA$71m

Jan 31 2020n/an/a

CA$388k

Oct 31 2019n/an/a

-CA$6m

Jul 31 2019n/an/a

-CA$10m

Apr 30 2019CA$910kCA$382k

-CA$18m

Jan 31 2019n/an/a

-CA$19m

Oct 31 2018n/an/a

-CA$12m

Jul 31 2018n/an/a

-CA$18m

Apr 30 2018CA$889kCA$371k

-CA$22m

Jan 31 2018n/an/a

-CA$26m

Oct 31 2017n/an/a

-CA$32m

Jul 31 2017n/an/a

-CA$39m

Apr 30 2017CA$637kCA$360k

-CA$42m

Jan 31 2017n/an/a

-CA$47m

Oct 31 2016n/an/a

-CA$48m

Jul 31 2016n/an/a

-CA$44m

Apr 30 2016CA$627kCA$322k

-CA$45m

Compensation vs Market: Denis's total compensation ($USD898.77K) is below average for companies of similar size in the Canadian market ($USD1.46M).

Compensation vs Earnings: Denis's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Denis Larocque
President7.42yrsCA$1.20m0.090%
CA$ 789.5k
Ian Ross
Chief Financial Officer3.92yrsCA$517.32k0.0069%
CA$ 60.6k
Ben Graham
Vice President of Human Resources & Safety7.25yrsCA$558.97k0.019%
CA$ 170.1k
Marc Landry
Vice President Technology & Logistics4.08yrsno data0.012%
CA$ 106.9k
Andrew McLaughlin
VP of Legal Affairs7.25yrsno datano data
David Balser
Senior Advisor3.92yrsCA$448.83kno data
Chantal Melanson
Executive Assistantno datano datano data

5.7yrs

Average Tenure

Experienced Management: MDI's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Denis Larocque
President7.42yrsCA$1.20m0.090%
CA$ 789.5k
Sybil Veenman
Independent Director3.17yrsCA$103.50k0.018%
CA$ 159.4k
Louis-Pierre Gignac
Independent Director4.42yrsCA$103.50k0.016%
CA$ 138.2k
Jo Zurel
Independent Director16.08yrsCA$103.50k0.080%
CA$ 708.0k
Janice Rennie
Independent Director12.42yrsCA$113.50k0.019%
CA$ 166.9k
Juliana Lam
Independent Director2.42yrsCA$98.50k0.0060%
CA$ 53.1k
Kimberly Keating
Independent Chair3.42yrsCA$103.50k0.0087%
CA$ 76.5k
Robert Krcmarov
Independent Director0.42yrno data0.0037%
CA$ 32.9k

3.9yrs

Average Tenure

58yo

Average Age

Experienced Board: MDI's board of directors are considered experienced (3.9 years average tenure).