FirstService Management
Management criteria checks 2/4
FirstService's CEO is D. Patterson, appointed in Jun 2015, has a tenure of 8.83 years. total yearly compensation is $6.63M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth CA$11.74M. The average tenure of the management team and the board of directors is 8.8 years and 7.2 years respectively.
Key information
D. Patterson
Chief executive officer
US$6.6m
Total compensation
| CEO salary percentage | 12.6% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.1% |
| Management average tenure | 8.8yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
FirstService Corporation Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next
Apr 26
Getting In Cheap On FirstService Corporation (TSE:FSV) Might Be Difficult
Apr 24FirstService Corporation's (TSE:FSV) Intrinsic Value Is Potentially 24% Below Its Share Price
Apr 11Shareholders Will Probably Hold Off On Increasing FirstService Corporation's (TSE:FSV) CEO Compensation For The Time Being
Mar 28Is Now The Time To Look At Buying FirstService Corporation (TSE:FSV)?
Feb 03FirstService (TSE:FSV) Has A Pretty Healthy Balance Sheet
Jan 22Here's Why We Think FirstService (TSE:FSV) Might Deserve Your Attention Today
Jan 10Subdued Growth No Barrier To FirstService Corporation's (TSE:FSV) Price
Dec 28Calculating The Fair Value Of FirstService Corporation (TSE:FSV)
Dec 04Is There Now An Opportunity In FirstService Corporation (TSE:FSV)?
Oct 22Is FirstService (TSE:FSV) Using Too Much Debt?
Sep 28FirstService Corporation's (TSE:FSV) Intrinsic Value Is Potentially 50% Above Its Share Price
Aug 30Does FirstService (TSE:FSV) Deserve A Spot On Your Watchlist?
Aug 05Is It Time To Consider Buying FirstService Corporation (TSE:FSV)?
Jul 22FirstService (TSE:FSV) Seems To Use Debt Quite Sensibly
Jun 08What Does FirstService Corporation's (TSE:FSV) Share Price Indicate?
Apr 14Here's Why FirstService (TSE:FSV) Can Manage Its Debt Responsibly
Mar 02When Should You Buy FirstService Corporation (TSE:FSV)?
Jan 11Are FirstService Corporation (TSE:FSV) Investors Paying Above The Intrinsic Value?
Dec 08We Think FirstService (TSE:FSV) Can Stay On Top Of Its Debt
Nov 24Here's Why We Think FirstService (TSE:FSV) Is Well Worth Watching
Sep 26At CA$176, Is It Time To Put FirstService Corporation (TSE:FSV) On Your Watch List?
Aug 19Does FirstService (TSE:FSV) Have A Healthy Balance Sheet?
Jul 10Do FirstService's (TSE:FSV) Earnings Warrant Your Attention?
Jun 27Why FirstService Corporation (TSE:FSV) Could Be Worth Watching
May 09FirstService (TSE:FSV) Seems To Use Debt Rather Sparingly
Apr 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$91m |
| Dec 31 2023 | US$7m | US$833k | US$100m |
| Sep 30 2023 | n/a | n/a | US$132m |
| Jun 30 2023 | n/a | n/a | US$134m |
| Mar 31 2023 | n/a | n/a | US$123m |
| Dec 31 2022 | US$4m | US$811k | US$121m |
| Sep 30 2022 | n/a | n/a | US$114m |
| Jun 30 2022 | n/a | n/a | US$125m |
| Mar 31 2022 | n/a | n/a | US$127m |
| Dec 31 2021 | US$8m | US$802k | US$135m |
| Sep 30 2021 | n/a | n/a | US$126m |
| Jun 30 2021 | n/a | n/a | US$113m |
| Mar 31 2021 | n/a | n/a | US$104m |
| Dec 31 2020 | US$6m | US$410k | US$87m |
| Sep 30 2020 | n/a | n/a | US$70m |
| Jun 30 2020 | n/a | n/a | US$58m |
| Mar 31 2020 | n/a | n/a | -US$249m |
| Dec 31 2019 | US$5m | US$614k | -US$252m |
| Sep 30 2019 | n/a | n/a | -US$246m |
| Jun 30 2019 | n/a | n/a | -US$240m |
| Mar 31 2019 | n/a | n/a | US$62m |
| Dec 31 2018 | US$4m | US$608k | US$66m |
| Sep 30 2018 | n/a | n/a | US$69m |
| Jun 30 2018 | n/a | n/a | US$58m |
| Mar 31 2018 | n/a | n/a | US$53m |
| Dec 31 2017 | US$3m | US$587k | US$51m |
Compensation vs Market: D.'s total compensation ($USD6.63M) is above average for companies of similar size in the Canadian market ($USD4.42M).
Compensation vs Earnings: D.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
D. Patterson (62 yo)
8.8yrs
Tenure
US$6,633,400
Compensation
Mr. D. Scott Patterson has been the Chief Executive Officer of FirstService Corporation since June 01, 2015. Pre-spin-off, Mr. Patterson was the President and Chief Operating Officer of former FirstService...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 8.8yrs | US$6.63m | 0.13% $ 11.7m | |
| Chief Financial Officer | 8.8yrs | US$3.86m | 0.50% $ 45.9m | |
| Senior Vice President of Technology | 2.3yrs | US$2.17m | no data | |
| Senior Vice President of Strategy & Corporate Development | 8.8yrs | US$2.61m | 0.19% $ 17.4m | |
| Senior VP | 8.8yrs | US$2.61m | 0.59% $ 53.9m | |
| Founder & Independent Chairman of the Board | 8.8yrs | US$309.25k | no data | |
| Director of Marketing & Communications of FirstService Residential Ontario | no data | no data | no data | |
| Senior Vice President of Tax | 1.2yrs | no data | no data | |
| CEO & President of FirstService Brands | 14.3yrs | no data | no data | |
| Chief Executive Officer of FirstService Residential | 2.7yrs | no data | no data |
8.8yrs
Average Tenure
58yo
Average Age
Experienced Management: FSV's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Director | 8.8yrs | US$6.63m | 0.13% $ 11.7m | |
| Founder & Independent Chairman of the Board | 8.8yrs | US$309.25k | no data | |
| Independent Director | 8.8yrs | US$535.75k | 0.061% $ 5.6m | |
| Independent Director | 2yrs | US$543.75k | 0.0015% $ 137.3k | |
| Independent Director | 2.9yrs | US$540.50k | 0.0034% $ 315.1k | |
| Independent Director | 1.8yrs | US$542.75k | no data | |
| Independent Director | 8.5yrs | US$542.75k | 0.053% $ 4.9m | |
| Independent Director | 5.9yrs | US$568.25k | 0.0042% $ 388.8k |
7.2yrs
Average Tenure
63yo
Average Age
Experienced Board: FSV's board of directors are considered experienced (7.2 years average tenure).