Western Forest Products Inc.

TSX:WEF Stock Report

Market Cap: CA$155.8m

Western Forest Products Management

Management criteria checks 2/4

Western Forest Products' CEO is J. Hofer, appointed in Sep 2022, has a tenure of 3.58 years. total yearly compensation is CA$2.74M, comprised of 29.1% salary and 70.9% bonuses, including company stock and options. directly owns 6.2% of the company’s shares, worth CA$9.66M. The average tenure of the management team and the board of directors is 7.3 years and 4.1 years respectively.

Key information

J. Hofer

Chief executive officer

CA$2.7m

Total compensation

CEO salary percentage29.06%
CEO tenure3.6yrs
CEO ownership6.2%
Management average tenure7.3yrs
Board average tenure4.1yrs

Recent management updates

We Think Shareholders May Want To Consider A Review Of Western Forest Products Inc.'s (TSE:WEF) CEO Compensation Package

Apr 30
We Think Shareholders May Want To Consider A Review Of Western Forest Products Inc.'s (TSE:WEF) CEO Compensation Package

Recent updates

Kiln Capacity Expansion And Specialty Products Will Transform Long Term Earnings Power

Catalysts About Western Forest Products Western Forest Products is a North American wood products company focused on coastal timberlands, lumber manufacturing and value added wood products. What are the underlying business or industry changes driving this perspective?

Higher Lumber Duties And Weak Demand Will Pressure Margins And Limit Earnings Recovery

Catalysts About Western Forest Products Western Forest Products is an integrated forest products company focused on harvesting, processing and selling lumber and related wood products, including specialty and engineered products. What are the underlying business or industry changes driving this perspective?

Optimistic Investors Push Western Forest Products Inc. (TSE:WEF) Shares Up 25% But Growth Is Lacking

Jan 17
Optimistic Investors Push Western Forest Products Inc. (TSE:WEF) Shares Up 25% But Growth Is Lacking

Calculating The Intrinsic Value Of Western Forest Products Inc. (TSE:WEF)

Jan 15
Calculating The Intrinsic Value Of Western Forest Products Inc. (TSE:WEF)

We Think Shareholders May Want To Consider A Review Of Western Forest Products Inc.'s (TSE:WEF) CEO Compensation Package

Apr 30
We Think Shareholders May Want To Consider A Review Of Western Forest Products Inc.'s (TSE:WEF) CEO Compensation Package
User avatar

New Dry Kiln And AI Will Optimize Timber Operations

Operational enhancements and strategic investments in new technologies are set to boost efficiency, reduce costs, and increase earnings.

Is Western Forest Products (TSE:WEF) Using Too Much Debt?

Feb 12
Is Western Forest Products (TSE:WEF) Using Too Much Debt?

Revenues Tell The Story For Western Forest Products Inc. (TSE:WEF)

Mar 21
Revenues Tell The Story For Western Forest Products Inc. (TSE:WEF)

Western Forest Products' (TSE:WEF) Dividend Will Be CA$0.0125

May 09
Western Forest Products' (TSE:WEF) Dividend Will Be CA$0.0125

Western Forest Products (TSE:WEF) Is Due To Pay A Dividend Of CA$0.0125

Nov 10
Western Forest Products (TSE:WEF) Is Due To Pay A Dividend Of CA$0.0125

Western Forest Products (TSE:WEF) Has Announced A Dividend Of CA$0.0125

Aug 09
Western Forest Products (TSE:WEF) Has Announced A Dividend Of CA$0.0125

CEO Compensation Analysis

How has J. Hofer's remuneration changed compared to Western Forest Products's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025CA$3mCA$797k

-CA$80m

Sep 30 2025n/an/a

-CA$64m

Jun 30 2025n/an/a

-CA$22m

Mar 31 2025n/an/a

-CA$9m

Dec 31 2024CA$2mCA$772k

-CA$30m

Sep 30 2024n/an/a

-CA$44m

Jun 30 2024n/an/a

-CA$42m

Mar 31 2024n/an/a

-CA$59m

Dec 31 2023CA$2mCA$750k

-CA$68m

Sep 30 2023n/an/a

-CA$76m

Jun 30 2023n/an/a

-CA$52m

Mar 31 2023n/an/a

CA$7m

Dec 31 2022CA$3mCA$239k

CA$62m

Compensation vs Market: J.'s total compensation ($USD2.01M) is above average for companies of similar size in the Canadian market ($USD151.70K).

Compensation vs Earnings: J.'s compensation has increased whilst the company is unprofitable.

CEO

J. Hofer (55 yo)

3.6yrs
Tenure
CA$2,742,779
Compensation

Mr. J. Steven Hofer serves as President, Chief Executive Officer at Western Forest Products Inc. since September 07, 2022 and serves as its Non-Independent Director. He served as Senior Vice President of U...

Leadership Team

NamePositionTenureCompensationOwnership
J. Hofer
President & Chief Executive Officer3.6yrsCA$2.74m6.2%
CA$ 9.7m
Glen Nontell
Chief Financial Officer1.7yrsCA$1.13m0.064%
CA$ 100.1k
Alyce Harper
Senior VP9.9yrsCA$903.10kno data
Bruce Alexander
Senior Vice President of Sales7.3yrsCA$933.08k0.015%
CA$ 23.4k
Jennifer Foster
Senior Vice President of Human Resources & Corporate Affairs10.3yrsCA$928.94k0.0013%
CA$ 2.0k
Babita Khunkhun
Senior Director of Communicationsno datano datano data
Stephen Williams
Advisor1.7yrsCA$2.60m0.12%
CA$ 182.0k
Morris Mandziuk
Treasurer21.8yrsno datano data
7.3yrs
Average Tenure

Experienced Management: WEF's management team is seasoned and experienced (7.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
J. Hofer
President & Chief Executive Officer3.6yrsCA$2.74m6.2%
CA$ 9.7m
Noordin Nanji
Independent Director3.2yrsCA$195.00k0.038%
CA$ 59.0k
Peter Wijnbergen
Independent Director3.2yrsCA$180.00k0.027%
CA$ 42.0k
Laura Cillis
Independent Director7.1yrsCA$200.00k0.16%
CA$ 246.0k
Randy Krotowski
Independent Director5.1yrsCA$195.00k0.036%
CA$ 55.9k
Daniel Nocente
Independent Chairman of the Board11.9yrsCA$270.00k0.090%
CA$ 140.8k
Fiona Macfarlane
Independent Director4.1yrsCA$195.00k0.0063%
CA$ 9.8k
4.1yrs
Average Tenure
64yo
Average Age

Experienced Board: WEF's board of directors are considered experienced (4.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/20 01:38
End of Day Share Price 2026/04/20 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Western Forest Products Inc. is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark KennedyCIBC Capital Markets
Daryl SwetlishoffRaymond James Ltd.
Matthew McKellarRBC Capital Markets