Stingray Group Management
Management criteria checks 4/4
Stingray Group's CEO is Eric Boyko, appointed in Jan 2007, has a tenure of 17.33 years. total yearly compensation is CA$1.20M, comprised of 43.5% salary and 56.5% bonuses, including company stock and options. directly owns 2.98% of the company’s shares, worth CA$15.77M. The average tenure of the management team and the board of directors is 10.3 years and 9.1 years respectively.
Key information
Eric Boyko
Chief executive officer
CA$1.2m
Total compensation
| CEO salary percentage | 43.5% |
| CEO tenure | 17.3yrs |
| CEO ownership | 3.0% |
| Management average tenure | 10.3yrs |
| Board average tenure | 9.1yrs |
Recent management updates
Recent updates
Stingray Group's (TSE:RAY.A) Dividend Will Be CA$0.075
Apr 25
Stingray 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 22Stingray Group (TSE:RAY.A) Has Announced A Dividend Of CA$0.075
Aug 08Stingray Group (TSE:RAY.A) Has A Somewhat Strained Balance Sheet
Jun 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$2m |
Compensation vs Market: Eric's total compensation ($USD879.61K) is below average for companies of similar size in the Canadian market ($USD1.30M).
Compensation vs Earnings: Eric's compensation has been consistent with company performance over the past year.
CEO
Eric Boyko (53 yo)
17.3yrs
Tenure
CA$1,202,090
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 | 17.3yrs | CA$1.20m | 2.98% CA$ 15.8m | |
| Chief Financial Officer | 13.3yrs | CA$722.25k | 0.25% CA$ 1.3m | |
| Senior VP & CTO | 17.3yrs | CA$696.91k | 0.41% CA$ 2.2m | |
| Senior VP | 9.3yrs | CA$895.03k | 0.31% CA$ 1.6m | |
| Senior Vice President of Marketing & Communications | 11.3yrs | CA$696.91k | 0.17% CA$ 903.6k | |
| President of Radio Operations | no data | CA$891.15k | 0.033% CA$ 173.9k | |
| Head of Content Distribution - United States | 7.8yrs | no data | no data | |
| Chief Revenue Officer | 5.8yrs | CA$985.21k | 0.62% CA$ 3.3m | |
| Senior Vice-President of Advertising Sales | 5.6yrs | no data | no data | |
| General Manager of Chatter | no data | CA$1.65m | no data |
10.3yrs
Average Tenure
53yo
Average Age
Experienced Management: RAY.A's management team is seasoned and experienced (10.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 17.4yrs | CA$1.20m | 2.98% CA$ 15.8m | |
| Independent Non-Executive Director | 16.4yrs | CA$96.16k | 0.56% CA$ 3.0m | |
| Independent Non-Executive Director | 9.1yrs | CA$80.60k | no data | |
| Independent Non-Executive Director | 9.1yrs | CA$67.24k | 0.31% CA$ 1.6m | |
| Independent Chairman | 9.1yrs | CA$126.26k | 8.04% CA$ 42.5m | |
| Independent Non-Executive Director | 17.1yrs | no data | 0.022% CA$ 115.3k | |
| Independent Non-Executive Director | 3.8yrs | CA$60.50k | no data | |
| Independent Non-Executive Director | 9.1yrs | CA$89.41k | 0.11% CA$ 578.2k | |
| Independent Director | 3.3yrs | CA$70.52k | no data | |
| Independent Director | 1.8yrs | CA$34.88k | no data |
9.1yrs
Average Tenure
53yo
Average Age
Experienced Board: RAY.A's board of directors are considered experienced (9.1 years average tenure).