Stingray Group Management
Management criteria checks 3/4
Stingray Group's CEO is Eric Boyko, appointed in Jan 2007, has a tenure of 17.5 years. total yearly compensation is CA$1.40M, comprised of 38.4% salary and 61.6% bonuses, including company stock and options. directly owns 2.99% of the company’s shares, worth CA$15.90M. The average tenure of the management team and the board of directors is 9.4 years and 9.3 years respectively.
Key information
Eric Boyko
Chief executive officer
CA$1.4m
Total compensation
| CEO salary percentage | 38.4% |
| CEO tenure | 17.5yrs |
| CEO ownership | 3.0% |
| Management average tenure | 9.4yrs |
| Board average tenure | 9.3yrs |
Recent management updates
Recent updates
Does Stingray Group (TSE:RAY.A) Have A Healthy Balance Sheet?
Jun 11
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
May 21Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
Apr 25Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Mar 23Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Feb 16Does Stingray Group (TSE:RAY.A) Deserve A Spot On Your Watchlist?
Jan 24Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Nov 17Is Stingray Group (TSE:RAY.A) Using Too Much Debt?
Nov 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Aug 27Stingray Group (TSE:RAY.A) Will Pay A Dividend Of CA$0.075
Aug 13Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
May 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Mar 28Stingray Group (TSE:RAY.A) Is Paying Out A Dividend Of CA$0.075
Feb 12Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Nov 26Stingray Group (TSE:RAY.A) Is Due To Pay A Dividend Of CA$0.075
Aug 24Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Aug 07Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
May 12Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Apr 19Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Apr 05Stingray Group (TSE:RAY.A) Has Re-Affirmed Its Dividend Of CA$0.075
Nov 16Should You Think About Buying Stingray Group Inc. (TSE:RAY.A) Now?
Nov 14Stingray Group (TSE:RAY.A) Has Affirmed Its Dividend Of CA$0.075
Aug 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | CA$1m | CA$538k | -CA$14m |
| Dec 31 2023 | n/a | n/a | CA$37m |
| Sep 30 2023 | n/a | n/a | CA$41m |
| Jun 30 2023 | n/a | n/a | CA$35m |
| Mar 31 2023 | CA$1m | CA$523k | CA$30m |
| Dec 31 2022 | n/a | n/a | CA$30m |
| Sep 30 2022 | n/a | n/a | CA$30m |
| Jun 30 2022 | n/a | n/a | CA$38m |
| Mar 31 2022 | CA$1m | CA$512k | CA$33m |
| Dec 31 2021 | n/a | n/a | CA$41m |
| Sep 30 2021 | n/a | n/a | CA$42m |
| Jun 30 2021 | n/a | n/a | CA$42m |
| Mar 31 2021 | CA$1m | CA$183k | CA$45m |
| Dec 31 2020 | n/a | n/a | CA$25m |
| Sep 30 2020 | n/a | n/a | CA$19m |
| Jun 30 2020 | n/a | n/a | CA$12m |
| Mar 31 2020 | CA$976k | CA$488k | CA$14m |
| Dec 31 2019 | n/a | n/a | CA$26m |
| Sep 30 2019 | n/a | n/a | CA$256k |
| Jun 30 2019 | n/a | n/a | -CA$4m |
| Mar 31 2019 | CA$1m | CA$479k | -CA$12m |
| Dec 31 2018 | n/a | n/a | -CA$11m |
| Sep 30 2018 | n/a | n/a | CA$8m |
| Jun 30 2018 | n/a | n/a | CA$3m |
| Mar 31 2018 | CA$1m | CA$463k | CA$2m |
Compensation vs Market: Eric's total compensation ($USD1.02M) is about average for companies of similar size in the Canadian market ($USD1.21M).
Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.
CEO
Eric Boyko (54 yo)
17.5yrs
Tenure
CA$1,402,880
Compensation
Mr. Eric Boyko, CGA, C.P.A., Co-founded Stingray Group Inc. (formerly known as Stingray Digital Group Inc.) in 2007 and has been its President and Chief Executive Officer since 2010. Mr. Boyko Co-Founded S...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 17.5yrs | CA$1.40m | 2.99% CA$ 15.9m | |
| Chief Financial Officer | 13.5yrs | CA$751.60k | 0.25% CA$ 1.3m | |
| Senior VP & CTO | 17.5yrs | CA$725.23k | 0.52% CA$ 2.8m | |
| Senior VP | 9.4yrs | CA$925.02k | 0.31% CA$ 1.6m | |
| Senior Vice President of Marketing & Communications | 11.5yrs | CA$717.35k | 0.17% CA$ 910.7k | |
| Vice-President of Operations & International Finance | no data | no data | no data | |
| Head of Content Distribution - United States | 7.9yrs | no data | no data | |
| Chief Revenue Officer | 5.9yrs | CA$985.21k | 0.77% CA$ 4.1m | |
| Senior Vice-President of Advertising Sales | 5.8yrs | no data | no data | |
| President of Stingray Radio | less than a year | no data | no data | |
| General Manager of Chatter | no data | CA$1.65m | no data |
9.4yrs
Average Tenure
54yo
Average Age
Experienced Management: RAY.A's management team is seasoned and experienced (9.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Non-Executive Director | 16.6yrs | CA$97.66k | 0.56% CA$ 3.0m | |
| Independent Non-Executive Director | 9.3yrs | CA$85.23k | no data | |
| Non-Independent Director | less than a year | CA$939.66k | 0.033% CA$ 175.3k | |
| Independent Non-Executive Director | 9.3yrs | CA$71.10k | 8.5% CA$ 45.1m | |
| Independent Chairman | 9.3yrs | CA$133.51k | 8.27% CA$ 43.9m | |
| Independent Non-Executive Director | 17.3yrs | no data | 2.99% CA$ 15.9m | |
| Independent Non-Executive Director | 9.3yrs | CA$95.69k | 0.11% CA$ 582.7k | |
| Independent Director | 3.4yrs | CA$78.59k | no data | |
| Independent Director | 1.9yrs | CA$71.36k | no data |
9.3yrs
Average Tenure
55yo
Average Age
Experienced Board: RAY.A's board of directors are considered experienced (9.3 years average tenure).