Indiva Management

Management criteria checks 2/4

Indiva's CEO is Niel Marotta, appointed in Dec 2017, has a tenure of 6.25 years. total yearly compensation is CA$244.78K, comprised of 98% salary and 2% bonuses, including company stock and options. directly owns 2.23% of the company’s shares, worth CA$370.83K. The average tenure of the management team and the board of directors is 1.2 years and 6.3 years respectively.

Key information

Niel Marotta

Chief executive officer

CA$244.8k

Total compensation

CEO salary percentage98.0%
CEO tenure6.3yrs
CEO ownership2.2%
Management average tenure1.2yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Indiva Limited (CVE:NDVA) Stock Catapults 33% Though Its Price And Business Still Lag The Industry

Sep 29
Indiva Limited (CVE:NDVA) Stock Catapults 33% Though Its Price And Business Still Lag The Industry

Is Indiva (CVE:NDVA) Using Debt In A Risky Way?

Sep 17
Is Indiva (CVE:NDVA) Using Debt In A Risky Way?

Is Indiva (CVE:NDVA) A Risky Investment?

Apr 19
Is Indiva (CVE:NDVA) A Risky Investment?

Is Indiva (CVE:NDVA) Using Too Much Debt?

Feb 26
Is Indiva (CVE:NDVA) Using Too Much Debt?

Would Indiva (CVE:NDVA) Be Better Off With Less Debt?

Sep 04
Would Indiva (CVE:NDVA) Be Better Off With Less Debt?

Would Indiva (CVE:NDVA) Be Better Off With Less Debt?

Nov 30
Would Indiva (CVE:NDVA) Be Better Off With Less Debt?

CEO Compensation Analysis

How has Niel Marotta's remuneration changed compared to Indiva's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2023n/an/a

-CA$7m

Jun 30 2023n/an/a

-CA$9m

Mar 31 2023n/an/a

-CA$10m

Dec 31 2022CA$245kCA$240k

-CA$11m

Sep 30 2022n/an/a

-CA$12m

Jun 30 2022n/an/a

-CA$16m

Mar 31 2022n/an/a

-CA$15m

Dec 31 2021CA$243kCA$240k

-CA$15m

Sep 30 2021n/an/a

-CA$18m

Jun 30 2021n/an/a

-CA$15m

Mar 31 2021n/an/a

-CA$16m

Dec 31 2020CA$241kCA$240k

-CA$15m

Sep 30 2020n/an/a

-CA$11m

Jun 30 2020n/an/a

-CA$10m

Mar 31 2020n/an/a

-CA$10m

Dec 31 2019CA$241kCA$240k

-CA$11m

Sep 30 2019n/an/a

-CA$11m

Jun 30 2019n/an/a

-CA$10m

Mar 31 2019n/an/a

-CA$10m

Dec 31 2018CA$161kCA$160k

-CA$9m

Sep 30 2018n/an/a

-CA$7m

Jun 30 2018n/an/a

-CA$6m

Mar 31 2018n/an/a

-CA$5m

Dec 31 2017CA$207kCA$8k

-CA$3m

Compensation vs Market: Niel's total compensation ($USD180.16K) is about average for companies of similar size in the Canadian market ($USD176.67K).

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


CEO

Niel Marotta

6.3yrs

Tenure

CA$244,777

Compensation

Mr. Carmine Marotta, also known as Niel, is a Co-Founder and President of Indiva Ltd. (also known as Indiva Limited) and has been its Chief Executive Officer since December 13, 2017. Mr. Marotta was Chief...


Leadership Team

NamePositionTenureCompensationOwnership
Carmine Marotta
Co-Founder6.3yrsCA$244.78k2.23%
CA$ 370.8k
Jennifer Welsh
Chief Financial Officer6.3yrsCA$214.58k0.14%
CA$ 23.9k
Robert Carse
Chief Operating Officerno dataCA$204.27k0.10%
CA$ 16.6k
Sung Kang
Chief Commercial Officerless than a yearCA$80.88kno data
Pete Young
Co-founderno datano datano data
Mark Haynes
Vice President of Sales1.2yrsno datano data
Mitchell Stern
Vice President of Marketing1.2yrsno datano data

1.2yrs

Average Tenure

Experienced Management: NDVA's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Carmine Marotta
Co-Founder6.3yrsCA$244.78k2.23%
CA$ 370.8k
James Yersh
Independent Director6.3yrsCA$12.50k0.13%
CA$ 21.6k
Hugh Sutherland
Independent Director6.3yrsCA$10.00k0.48%
CA$ 80.3k
John Marotta
Independent Director6.3yrsCA$10.00k4.58%
CA$ 761.7k
Andre Lafleche
Independent Director6.3yrsCA$10.00k2.6%
CA$ 432.0k
Liam Wilson
Independent Director3yrsCA$10.00k0.15%
CA$ 24.2k
Rachel Goldman
Independent Director2.3yrsCA$10.00k0.084%
CA$ 14.0k

6.3yrs

Average Tenure

50yo

Average Age

Experienced Board: NDVA's board of directors are considered experienced (6.3 years average tenure).


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