Western Forest Products Management
Management criteria checks 1/4
Western Forest Products' CEO is J. Hofer, appointed in Sep 2022, has a tenure of 1.5 years. total yearly compensation is CA$2.56M, comprised of 9.3% salary and 90.7% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth CA$418.98K. The average tenure of the management team and the board of directors is 7.8 years and 2.5 years respectively.
Key information
J. Hofer
Chief executive officer
CA$2.6m
Total compensation
CEO salary percentage | 9.3% |
CEO tenure | 1.5yrs |
CEO ownership | 0.2% |
Management average tenure | 7.8yrs |
Board average tenure | 2.5yrs |
Recent management updates
Recent updates
Revenues Tell The Story For Western Forest Products Inc. (TSE:WEF)
Mar 21Western Forest Products' (TSE:WEF) Dividend Will Be CA$0.0125
May 09Western Forest Products (TSE:WEF) Is Due To Pay A Dividend Of CA$0.0125
Nov 10Western Forest Products (TSE:WEF) Has Announced A Dividend Of CA$0.0125
Aug 09Western Forest Products' (TSE:WEF) Shareholders Will Receive A Bigger Dividend Than Last Year
May 10Western Forest Products (TSE:WEF) Has Affirmed Its Dividend Of CA$0.01
Feb 22Are Western Forest Products Inc. (TSE:WEF) Investors Paying Above The Intrinsic Value?
Nov 05Western Forest Products (TSE:WEF) Has A Pretty Healthy Balance Sheet
Jul 19Investors Will Want Western Forest Products' (TSE:WEF) Growth In ROCE To Persist
Jun 13Western Forest Products' (TSE:WEF) Promising Earnings May Rest On Soft Foundations
May 12Western Forest Products Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 09CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -CA$68m |
Sep 30 2023 | n/a | n/a | -CA$76m |
Jun 30 2023 | n/a | n/a | -CA$52m |
Mar 31 2023 | n/a | n/a | CA$7m |
Dec 31 2022 | CA$3m | CA$239k | CA$62m |
Compensation vs Market: J.'s total compensation ($USD1.89M) is above average for companies of similar size in the Canadian market ($USD176.67K).
Compensation vs Earnings: Insufficient data to compare J.'s compensation with company performance.
CEO
J. Hofer (53 yo)
1.5yrs
Tenure
CA$2,561,746
Compensation
Mr. J. Steven Hofer serves as President, Chief Executive Officer & Non-Independent Director at Western Forest Products Inc. since September 07, 2022. He served as Senior Vice President of U.S. Northwest Op...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.5yrs | CA$2.56m | 0.21% CA$ 419.0k | |
Executive VP & CFO | 9.4yrs | CA$1.64m | 0.12% CA$ 236.8k | |
Senior Vice President of Sales | 5.2yrs | CA$1.06m | 0.015% CA$ 30.5k | |
Senior Vice President of Human Resources & Corporate Affairs | 8.3yrs | CA$1.00m | 0.039% CA$ 79.4k | |
VP, General Counsel & Corporate Secretary | 7.8yrs | no data | no data | |
Senior Director of Communications | no data | no data | no data | |
Vice President of Corporate Development | 6yrs | no data | 0.051% CA$ 103.8k | |
Treasurer | 19.7yrs | no data | no data |
7.8yrs
Average Tenure
Experienced Management: WEF's management team is seasoned and experienced (7.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 1.5yrs | CA$2.56m | 0.21% CA$ 419.0k | |
Independent Director | 1.1yrs | no data | 0.022% CA$ 44.8k | |
Independent Director | 3yrs | CA$146.40k | 0.042% CA$ 85.8k | |
Independent Director | 1.1yrs | no data | 0.027% CA$ 54.7k | |
Independent Director | 5yrs | CA$158.79k | 0.15% CA$ 304.0k | |
Independent Director | 3yrs | CA$149.93k | 0.036% CA$ 72.7k | |
Independent Chairman of the Board | 9.8yrs | CA$161.09k | 0.089% CA$ 180.3k | |
Independent Director | 2yrs | CA$116.30k | no data |
2.5yrs
Average Tenure
63yo
Average Age
Experienced Board: WEF's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.