Western Forest Products Inc.

TSX:WEF Stock Report

Market Cap: CA$202.7m

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 percentage9.3%
CEO tenure1.5yrs
CEO ownership0.2%
Management average tenure7.8yrs
Board average tenure2.5yrs

Recent management updates

Recent updates

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

Western Forest Products' (TSE:WEF) Shareholders Will Receive A Bigger Dividend Than Last Year

May 10
Western Forest Products' (TSE:WEF) Shareholders Will Receive A Bigger Dividend Than Last Year

Western Forest Products (TSE:WEF) Has Affirmed Its Dividend Of CA$0.01

Feb 22
Western Forest Products (TSE:WEF) Has Affirmed Its Dividend Of CA$0.01

Are Western Forest Products Inc. (TSE:WEF) Investors Paying Above The Intrinsic Value?

Nov 05
Are Western Forest Products Inc. (TSE:WEF) Investors Paying Above The Intrinsic Value?

Western Forest Products (TSE:WEF) Has A Pretty Healthy Balance Sheet

Jul 19
Western Forest Products (TSE:WEF) Has A Pretty Healthy Balance Sheet

Investors Will Want Western Forest Products' (TSE:WEF) Growth In ROCE To Persist

Jun 13
Investors Will Want Western Forest Products' (TSE:WEF) Growth In ROCE To Persist

Western Forest Products' (TSE:WEF) Promising Earnings May Rest On Soft Foundations

May 12
Western Forest Products' (TSE:WEF) Promising Earnings May Rest On Soft Foundations

Western Forest Products Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

May 09
Western Forest Products Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

CEO Compensation Analysis

How has J. Hofer's remuneration changed compared to Western Forest Products's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

-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 ($USD1.89M) is above average for companies of similar size in the Canadian market ($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

NamePositionTenureCompensationOwnership
J. Hofer
President1.5yrsCA$2.56m0.21%
CA$ 419.0k
Stephen Williams
Executive VP & CFO9.4yrsCA$1.64m0.12%
CA$ 236.8k
Bruce Alexander
Senior Vice President of Sales5.2yrsCA$1.06m0.015%
CA$ 30.5k
Jennifer Foster
Senior Vice President of Human Resources & Corporate Affairs8.3yrsCA$1.00m0.039%
CA$ 79.4k
Alyce Harper
VP, General Counsel & Corporate Secretary7.8yrsno datano data
Babita Khunkhun
Senior Director of Communicationsno datano datano data
Glen Nontell
Vice President of Corporate Development6yrsno data0.051%
CA$ 103.8k
Morris Mandziuk
Treasurer19.7yrsno datano data

7.8yrs

Average Tenure

Experienced Management: WEF's management team is seasoned and experienced (7.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
J. Hofer
President1.5yrsCA$2.56m0.21%
CA$ 419.0k
Noordin Nanji
Independent Director1.1yrsno data0.022%
CA$ 44.8k
John Williamson
Independent Director3yrsCA$146.40k0.042%
CA$ 85.8k
Peter Wijnbergen
Independent Director1.1yrsno data0.027%
CA$ 54.7k
Laura Cillis
Independent Director5yrsCA$158.79k0.15%
CA$ 304.0k
Randy Krotowski
Independent Director3yrsCA$149.93k0.036%
CA$ 72.7k
Daniel Nocente
Independent Chairman of the Board9.8yrsCA$161.09k0.089%
CA$ 180.3k
Fiona Macfarlane
Independent Director2yrsCA$116.30kno 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.


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.