Major Drilling Group International Management
Management criteria checks 4/4
Major Drilling Group International's CEO is Denis Larocque, appointed in Sep 2015, has a tenure of 9.25 years. total yearly compensation is CA$1.86M, comprised of 26.4% salary and 73.6% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth CA$696.10K. The average tenure of the management team and the board of directors is 5.9 years and 5.8 years respectively.
Key information
Denis Larocque
Chief executive officer
CA$1.9m
Total compensation
| CEO salary percentage | 26.4% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.9yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Major Drilling Group International Inc. (TSE:MDI) Shares Fly 25% But Investors Aren't Buying For Growth
Dec 20
If EPS Growth Is Important To You, Major Drilling Group International (TSE:MDI) Presents An Opportunity
May 30Returns On Capital Are A Standout For Major Drilling Group International (TSE:MDI)
Apr 04Major Drilling Group International Inc. (TSE:MDI) Shares Could Be 42% Below Their Intrinsic Value Estimate
Mar 03Why We Like The Returns At Major Drilling Group International (TSE:MDI)
Dec 04These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely
Oct 13With A 28% Price Drop For Major Drilling Group International Inc. (TSE:MDI) You'll Still Get What You Pay For
Jul 15Is Now The Time To Put Major Drilling Group International (TSE:MDI) On Your Watchlist?
Jun 23Major Drilling Group International's (TSE:MDI) Returns On Capital Are Heading Higher
Jun 09Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?
Apr 19Returns At Major Drilling Group International (TSE:MDI) Are On The Way Up
Mar 04Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?
Dec 04Major Drilling Group International (TSE:MDI) Might Have The Makings Of A Multi-Bagger
Sep 03We Think Major Drilling Group International (TSE:MDI) Can Stay On Top Of Its Debt
Mar 16Will the Promising Trends At Major Drilling Group International (TSE:MDI) Continue?
Feb 23The Major Drilling Group International (TSE:MDI) Share Price Is Up 41% And Shareholders Are Holding On
Feb 03
Major Drilling Group International Inc. (TSE:MDI) On The Verge Of Breaking Even
Jan 13CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 31 2024 | n/a | n/a | CA$42m |
| Jul 31 2024 | n/a | n/a | CA$47m |
| Apr 30 2024 | CA$2m | CA$490k | CA$53m |
| Jan 31 2024 | n/a | n/a | CA$64m |
| Oct 31 2023 | n/a | n/a | CA$73m |
| Jul 31 2023 | n/a | n/a | CA$72m |
| Apr 30 2023 | CA$2m | CA$446k | CA$75m |
| Jan 31 2023 | n/a | n/a | CA$77m |
| Oct 31 2022 | n/a | n/a | CA$76m |
| Jul 31 2022 | n/a | n/a | CA$67m |
| Apr 30 2022 | CA$2m | CA$433k | CA$53m |
| Jan 31 2022 | n/a | n/a | CA$33m |
| Oct 31 2021 | n/a | n/a | CA$26m |
| Jul 31 2021 | n/a | n/a | CA$19m |
| Apr 30 2021 | CA$1m | CA$412k | CA$10m |
| Jan 31 2021 | n/a | n/a | -CA$67m |
| Oct 31 2020 | n/a | n/a | -CA$75m |
| Jul 31 2020 | n/a | n/a | -CA$75m |
| Apr 30 2020 | CA$915k | CA$400k | -CA$71m |
| Jan 31 2020 | n/a | n/a | CA$388k |
| Oct 31 2019 | n/a | n/a | -CA$6m |
| Jul 31 2019 | n/a | n/a | -CA$10m |
| Apr 30 2019 | CA$910k | CA$382k | -CA$18m |
| Jan 31 2019 | n/a | n/a | -CA$19m |
| Oct 31 2018 | n/a | n/a | -CA$12m |
| Jul 31 2018 | n/a | n/a | -CA$18m |
| Apr 30 2018 | CA$889k | CA$371k | -CA$22m |
Compensation vs Market: Denis's total compensation ($USD1.29M) is about average for companies of similar size in the Canadian market ($USD1.18M).
Compensation vs Earnings: Denis's compensation has been consistent with company performance over the past year.
CEO
Denis Larocque (54 yo)
9.3yrs
Tenure
CA$1,856,411
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...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.3yrs | CA$1.86m | 0.10% CA$ 696.1k | |
| Chief Financial Officer | 5.8yrs | CA$813.44k | 0.0089% CA$ 60.3k | |
| Chief Operating Officer | no data | CA$813.68k | 0.0070% CA$ 47.7k | |
| Vice President of Human Resources & Safety | 9.1yrs | CA$800.25k | 0.025% CA$ 170.2k | |
| Chief Technology Officer | 5.9yrs | no data | 0.012% CA$ 83.2k | |
| VP of Legal Affairs | 9.1yrs | no data | no data | |
| Executive Assistant | no data | no data | no data | |
| Vice President of Canadian Operations | 1.9yrs | no data | 0.028% CA$ 191.7k | |
| Vice President of US Operations | no data | no data | no data |
5.9yrs
Average Tenure
Experienced Management: MDI's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.3yrs | CA$1.86m | 0.10% CA$ 696.1k | |
| Independent Director | 5yrs | CA$192.88k | 0.018% CA$ 123.9k | |
| Independent Director | 6.3yrs | CA$197.88k | 0.036% CA$ 245.8k | |
| Independent Director | 17.9yrs | CA$187.88k | 0.081% CA$ 550.1k | |
| Independent Director | 14.3yrs | CA$202.88k | 0.022% CA$ 150.3k | |
| Independent Director | 4.3yrs | CA$187.88k | 0.0061% CA$ 41.3k | |
| Independent Director | 1.7yrs | CA$187.88k | no data | |
| Independent Chair | 5.3yrs | CA$271.88k | 0.012% CA$ 80.1k |
5.8yrs
Average Tenure
60yo
Average Age
Experienced Board: MDI's board of directors are considered experienced (5.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 03:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
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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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
Major Drilling Group International Inc. is covered by 15 analysts. 4 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 |
|---|---|
| Donangelo Volpe | Beacon Securities Limited |
| Ahmad Shaath | Beacon Securities Limited |
| Cosmos Chiu | CIBC Capital Markets |