Neo Performance Materials Inc.

TSX:NEO Stock Report

Market Cap: CA$321.5m

Neo Performance Materials Management

Management criteria checks 2/4

Neo Performance Materials' CEO is Rahim Suleman, appointed in Jan 2023, has a tenure of 1.67 years. total yearly compensation is $2.53M, comprised of 21.8% salary and 78.2% bonuses, including company stock and options. directly owns 0.6% of the company’s shares, worth CA$1.93M. The average tenure of the management team and the board of directors is 1.7 years and 5.3 years respectively.

Key information

Rahim Suleman

Chief executive officer

US$2.5m

Total compensation

CEO salary percentage21.8%
CEO tenure1.7yrs
CEO ownership0.6%
Management average tenure1.7yrs
Board average tenure5.3yrs

Recent management updates

Recent updates

Neo Performance Materials Inc. (TSE:NEO) Shares Fly 27% But Investors Aren't Buying For Growth

Jun 27
Neo Performance Materials Inc. (TSE:NEO) Shares Fly 27% But Investors Aren't Buying For Growth

Neo Performance Materials (TSE:NEO) Will Be Hoping To Turn Its Returns On Capital Around

Jun 15
Neo Performance Materials (TSE:NEO) Will Be Hoping To Turn Its Returns On Capital Around

We Like The Quality Of Neo Performance Materials' (TSE:NEO) Earnings

May 22
We Like The Quality Of Neo Performance Materials' (TSE:NEO) Earnings

Neo Performance Materials Inc.'s (TSE:NEO) Subdued P/S Might Signal An Opportunity

May 11
Neo Performance Materials Inc.'s (TSE:NEO) Subdued P/S Might Signal An Opportunity

Neo Performance Materials (TSE:NEO) Has Affirmed Its Dividend Of $0.10

Dec 14
Neo Performance Materials (TSE:NEO) Has Affirmed Its Dividend Of $0.10

Neo Performance Materials' (TSE:NEO) Dividend Will Be $0.10

Nov 29
Neo Performance Materials' (TSE:NEO) Dividend Will Be $0.10

Neo Performance Materials (TSE:NEO) Has Announced A Dividend Of $0.10

Aug 25
Neo Performance Materials (TSE:NEO) Has Announced A Dividend Of $0.10

Neo Performance Materials (TSE:NEO) Has Announced A Dividend Of $0.10

Jun 15
Neo Performance Materials (TSE:NEO) Has Announced A Dividend Of $0.10

Neo Performance Materials (TSE:NEO) Is Paying Out A Dividend Of $0.10

May 20
Neo Performance Materials (TSE:NEO) Is Paying Out A Dividend Of $0.10

Neo Performance Materials (TSE:NEO) Is Paying Out A Dividend Of $0.10

Mar 09
Neo Performance Materials (TSE:NEO) Is Paying Out A Dividend Of $0.10

Returns On Capital Are Showing Encouraging Signs At Neo Performance Materials (TSE:NEO)

Feb 02
Returns On Capital Are Showing Encouraging Signs At Neo Performance Materials (TSE:NEO)

At CA$10.72, Is It Time To Put Neo Performance Materials Inc. (TSE:NEO) On Your Watch List?

Dec 06
At CA$10.72, Is It Time To Put Neo Performance Materials Inc. (TSE:NEO) On Your Watch List?

Neo Performance Materials' (TSE:NEO) Dividend Will Be $0.10

Nov 17
Neo Performance Materials' (TSE:NEO) Dividend Will Be $0.10

Is Neo Performance Materials (TSE:NEO) A Risky Investment?

Nov 13
Is Neo Performance Materials (TSE:NEO) A Risky Investment?

Neo Performance Materials (TSE:NEO) Is Due To Pay A Dividend Of $0.10

Sep 08
Neo Performance Materials (TSE:NEO) Is Due To Pay A Dividend Of $0.10

With EPS Growth And More, Neo Performance Materials (TSE:NEO) Makes An Interesting Case

Sep 03
With EPS Growth And More, Neo Performance Materials (TSE:NEO) Makes An Interesting Case

Neo Performance Materials' (TSE:NEO) Returns On Capital Are Heading Higher

Aug 21
Neo Performance Materials' (TSE:NEO) Returns On Capital Are Heading Higher

CEO Compensation Analysis

How has Rahim Suleman's remuneration changed compared to Neo Performance Materials's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$3m

Mar 31 2024n/an/a

US$3m

Dec 31 2023US$3mUS$552k

-US$8m

Sep 30 2023n/an/a

-US$14m

Jun 30 2023n/an/a

-US$21m

Mar 31 2023n/an/a

-US$7m

Dec 31 2022US$1mUS$399k

US$26m

Sep 30 2022n/an/a

US$40m

Jun 30 2022n/an/a

US$52m

Mar 31 2022n/an/a

US$50m

Dec 31 2021US$2mUS$401k

US$35m

Sep 30 2021n/an/a

US$31m

Jun 30 2021n/an/a

US$23m

Mar 31 2021n/an/a

-US$51m

Dec 31 2020US$551kUS$369k

-US$58m

Sep 30 2020n/an/a

-US$56m

Jun 30 2020n/an/a

-US$52m

Mar 31 2020n/an/a

US$11m

Dec 31 2019US$590kUS$362k

US$23m

Sep 30 2019n/an/a

US$23m

Jun 30 2019n/an/a

US$27m

Mar 31 2019n/an/a

US$44m

Dec 31 2018US$604kUS$360k

US$41m

Sep 30 2018n/an/a

US$35m

Jun 30 2018n/an/a

US$35m

Mar 31 2018n/an/a

US$25m

Dec 31 2017US$2mUS$340k

US$25m

Compensation vs Market: Rahim's total compensation ($USD2.53M) is above average for companies of similar size in the Canadian market ($USD778.11K).

Compensation vs Earnings: Rahim's compensation has been consistent with company performance over the past year.


CEO

Rahim Suleman

1.7yrs

Tenure

US$2,533,391

Compensation

Mr. Rahim Suleman serves as President of Neo Performance Materials Inc. since January 1, 2023 and served as its Interim Chief Financial Officer until June 19, 2023. He had been Chief Financial Officer and...


Leadership Team

NamePositionTenureCompensationOwnership
Rahim Suleman
CEO, President & Director1.7yrsUS$2.53m0.60%
$ 1.9m
Jonathan Baksh
Executive VP & CFO1.3yrsUS$620.68k0.074%
$ 237.4k
Kevin Morris
Executive VP & Chief Strategy Officer1.7yrsUS$1.07m0.25%
$ 796.0k
Jeffrey Hogan
Executive Vice President of Chemicals & Oxides8.1yrsUS$868.83k0.21%
$ 665.2k
Gregory Kroll
Executive Vice President of Magnequench9.7yrsUS$848.72k0.054%
$ 173.5k
Ali Mahdavi
Capital Markets & IR Executiveno datano datano data
Mohamad El- Mahmoud
Executive Vice President of Rare Metalsless than a yearno datano data
Alexander Caldwell
Corporate Secretaryno datano datano data

1.7yrs

Average Tenure

Experienced Management: NEO's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Rahim Suleman
CEO, President & Director1.2yrsUS$2.53m0.60%
$ 1.9m
G. Edwards
Independent Director5.3yrsUS$186.66kno data
Hua Du
Independent Directorless than a yearUS$15.48kno data
Edgar Lee
Independent Director6.9yrsUS$174.73kno data
Eric Noyrez
Lead Independent Director6.9yrsUS$184.58k0.045%
$ 144.1k
Claire M. Kennedy
Independent Chairman of the Board6.9yrsUS$300.93k0.038%
$ 123.1k
John McGarva
Independent Non-Executive Directorless than a yearno datano data

5.3yrs

Average Tenure

57yo

Average Age

Experienced Board: NEO's board of directors are considered experienced (5.3 years average tenure).