FirstService Management

How experienced are the management team and are they aligned to shareholders interests?

7.4yrs

Average management tenure


CEO

D. Patterson (61 yo)

7.42yrs

Tenure

US$7,857,200

Compensation

Mr. D. Scott Patterson has been the Chief Executive Officer an d President of FirstService Corporation since June 1, 2015. Pre-spin-off, Mr. Patterson was the President and Chief Operating Officer of forme...


CEO Compensation Analysis

How has D. Patterson's remuneration changed compared to FirstService's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

US$114m

Jun 30 2022n/an/a

US$125m

Mar 31 2022n/an/a

US$127m

Dec 31 2021US$8mUS$802k

US$135m

Sep 30 2021n/an/a

US$126m

Jun 30 2021n/an/a

US$113m

Mar 31 2021n/an/a

US$104m

Dec 31 2020US$6mUS$410k

US$87m

Sep 30 2020n/an/a

US$70m

Jun 30 2020n/an/a

US$58m

Mar 31 2020n/an/a

-US$249m

Dec 31 2019US$5mUS$614k

-US$252m

Sep 30 2019n/an/a

-US$246m

Jun 30 2019n/an/a

-US$240m

Mar 31 2019n/an/a

US$62m

Dec 31 2018US$4mUS$608k

US$66m

Sep 30 2018n/an/a

US$69m

Jun 30 2018n/an/a

US$58m

Mar 31 2018n/an/a

US$53m

Dec 31 2017US$3mUS$587k

US$51m

Sep 30 2017n/an/a

US$44m

Jun 30 2017n/an/a

US$45m

Mar 31 2017n/an/a

US$40m

Dec 31 2016US$3mUS$555k

US$34m

Sep 30 2016n/an/a

US$30m

Jun 30 2016n/an/a

US$28m

Mar 31 2016n/an/a

US$23m

Dec 31 2015US$2mUS$498k

US$21m

Compensation vs Market: D.'s total compensation ($USD7.86M) is above average for companies of similar size in the Canadian market ($USD4.70M).

Compensation vs Earnings: D.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jay Hennick
Founder & Chairman of the Board7.42yrsUS$307.00k6.88%
$ 512.8m
D. Patterson
President19.17yrsUS$7.86m0.068%
$ 5.1m
Jeremy Rakusin
Chief Financial Officer7.42yrsUS$3.77m0.44%
$ 32.5m
Alex Nguyen
Senior Vice President of Strategy & Corporate Development7.42yrsUS$2.00m0.16%
$ 11.7m
Roger Thompson
Vice President of Strategy & Sustainability5.83yrsUS$1.40mno data
Douglas Cooke
Senior VP7.42yrsUS$2.02m0.58%
$ 43.3m
Mark Hopkins
President of FirstService Residential Ontariono datano datano data
Sarah Alberts
Director of Marketing & Communications of FirstService Residential Ontariono datano datano data
Charlie Chase
CEO & President of FirstService Brands12.83yrsno datano data
David Diestel
Chief Executive Officer of FirstService Residential1.25yrsno datano data

7.4yrs

Average Tenure

57yo

Average Age

Experienced Management: FSV's management team is seasoned and experienced (7.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jay Hennick
Founder & Chairman of the Board7.42yrsUS$307.00k6.88%
$ 512.8m
D. Patterson
President7.42yrsUS$7.86m0.068%
$ 5.1m
Frederick Reichheld
Independent Director7.42yrsUS$355.85k0.042%
$ 3.1m
Yousry Bissada
Independent Director0.58yrno data0.0012%
$ 92.5k
Bernard Ghert
Lead Independent Director7.42yrsUS$371.10k0.093%
$ 7.0m
Steve Grimshaw
Independent Director1.5yrsUS$352.27k0.0035%
$ 259.5k
Elizabeth Carducci
Independent Director0.33yrno datano data
Erin Wallace
Independent Director7.08yrsUS$363.85k0.031%
$ 2.3m
Joan Sproul
Independent Director4.5yrsUS$381.85k0.0020%
$ 147.6k

7.1yrs

Average Tenure

62yo

Average Age

Experienced Board: FSV's board of directors are considered experienced (7.1 years average tenure).