Leon's Furniture Management
Management criteria checks 3/4
Leon's Furniture's CEO is Mike Walsh, appointed in Oct 2020, has a tenure of 3.58 years. total yearly compensation is CA$2.31M, comprised of 29.2% salary and 70.8% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth CA$4.25M. The average tenure of the management team and the board of directors is 1 years and 18.3 years respectively.
Key information
Mike Walsh
Chief executive officer
CA$2.3m
Total compensation
| CEO salary percentage | 29.2% |
| CEO tenure | 3.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | less than a year |
| Board average tenure | 18.3yrs |
Recent management updates
Recent updates
Returns On Capital At Leon's Furniture (TSE:LNF) Have Stalled
Apr 23
Leon's Furniture (TSE:LNF) Takes On Some Risk With Its Use Of Debt
Jan 05Leon's Furniture's (TSE:LNF) Upcoming Dividend Will Be Larger Than Last Year's
Nov 17Returns At Leon's Furniture (TSE:LNF) Are On The Way Up
Nov 02Leon's Furniture (TSE:LNF) Will Pay A Dividend Of CA$0.16
Aug 28These 4 Measures Indicate That Leon's Furniture (TSE:LNF) Is Using Debt Reasonably Well
Aug 07Leon's Furniture (TSE:LNF) Has Affirmed Its Dividend Of CA$0.16
May 18Leon's Furniture (TSE:LNF) Shareholders Will Want The ROCE Trajectory To Continue
May 11Does Leon's Furniture (TSE:LNF) Have A Healthy Balance Sheet?
Apr 20Leon's Furniture (TSE:LNF) Is Paying Out A Dividend Of CA$0.16
Feb 27Does Leon's Furniture (TSE:LNF) Have A Healthy Balance Sheet?
Oct 07Leon's Furniture (TSE:LNF) Is Looking To Continue Growing Its Returns On Capital
Sep 09Is Leon's Furniture (TSE:LNF) A Risky Investment?
Jun 24Leon's Furniture (TSE:LNF) Has Re-Affirmed Its Dividend Of CA$0.16
Jun 02Leon's Furniture (TSE:LNF) Has Affirmed Its Dividend Of CA$0.16
May 19Here's Why We Think Leon's Furniture (TSE:LNF) Is Well Worth Watching
Mar 30Leon's Furniture (TSE:LNF) Has Affirmed Its Dividend Of CA$0.16
Mar 01Leon's Furniture (TSE:LNF) Is Experiencing Growth In Returns On Capital
Feb 16We Think Leon's Furniture (TSE:LNF) Can Manage Its Debt With Ease
Feb 01I Ran A Stock Scan For Earnings Growth And Leon's Furniture (TSE:LNF) Passed With Ease
Nov 08Leon's Furniture (TSE:LNF) Has A Rock Solid Balance Sheet
Oct 12Here's Why I Think Leon's Furniture (TSE:LNF) Might Deserve Your Attention Today
Jul 30This Is The Reason Why We Think Leon's Furniture Limited's (TSE:LNF) CEO Deserves A Bump Up To Their Compensation
May 07Leon's Furniture (TSE:LNF) Could Easily Take On More Debt
Apr 12Leon's Furniture (TSE:LNF) Is Experiencing Growth In Returns On Capital
Mar 22Is Now The Time To Put Leon's Furniture (TSE:LNF) On Your Watchlist?
Mar 11Be Sure To Check Out Leon's Furniture Limited (TSE:LNF) Before It Goes Ex-Dividend
Feb 28How Does Leon's Furniture Limited (TSE:LNF) Stand Up To These Simple Dividend Safety Checks?
Feb 22Have Insiders Been Selling Leon's Furniture Limited (TSE:LNF) Shares?
Feb 11Leon's Furniture Limited's (TSE:LNF) Stock Is Going Strong: Is the Market Following Fundamentals?
Feb 01Are Institutions Heavily Invested In Leon's Furniture Limited's (TSE:LNF) Shares?
Jan 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$2m | CA$675k | CA$139m |
| Sep 30 2023 | n/a | n/a | CA$136m |
| Jun 30 2023 | n/a | n/a | CA$145m |
| Mar 31 2023 | n/a | n/a | CA$168m |
| Dec 31 2022 | CA$3m | CA$669k | CA$179m |
| Sep 30 2022 | n/a | n/a | CA$193m |
| Jun 30 2022 | n/a | n/a | CA$195m |
| Mar 31 2022 | n/a | n/a | CA$191m |
| Dec 31 2021 | CA$2m | CA$638k | CA$207m |
| Sep 30 2021 | n/a | n/a | CA$204m |
| Jun 30 2021 | n/a | n/a | CA$189m |
| Mar 31 2021 | n/a | n/a | CA$190m |
| Dec 31 2020 | CA$1m | CA$526k | CA$163m |
| Sep 30 2020 | n/a | n/a | CA$149m |
| Jun 30 2020 | n/a | n/a | CA$133m |
| Mar 31 2020 | n/a | n/a | CA$111m |
| Dec 31 2019 | CA$932k | CA$508k | CA$107m |
| Sep 30 2019 | n/a | n/a | CA$106m |
| Jun 30 2019 | n/a | n/a | CA$107m |
| Mar 31 2019 | n/a | n/a | CA$106m |
| Dec 31 2018 | CA$854k | CA$495k | CA$111m |
| Sep 30 2018 | n/a | n/a | CA$107m |
| Jun 30 2018 | n/a | n/a | CA$108m |
| Mar 31 2018 | n/a | n/a | CA$103m |
| Dec 31 2017 | CA$862k | CA$475k | CA$97m |
Compensation vs Market: Mike's total compensation ($USD1.68M) is about average for companies of similar size in the Canadian market ($USD1.74M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Walsh
3.6yrs
Tenure
CA$2,311,529
Compensation
Mr. Michael J. Walsh, also known as Mike, serves as the Chief Executive Officer at Leon's Furniture Limited since July 01, 2021. He serves as the President at Leon's Furniture Limited since October 01, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3.6yrs | CA$2.31m | 0.28% CA$ 4.2m | |
| Vice President of Operations & Corporate Strategy | less than a year | CA$569.58k | no data | |
| President of the Leon’s Furniture Division | less than a year | CA$517.92k | 0.25% CA$ 3.8m | |
| Interim Chief Financial Officer | less than a year | no data | no data | |
| VP of Legal & Corporate Secretary | 8.8yrs | no data | 0.20% CA$ 3.0m | |
| President of The Brick | less than a year | no data | 0.096% CA$ 1.4m |
1.0yrs
Average Tenure
Experienced Management: LNF's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman of the Board | 23.3yrs | CA$80.00k | 0.54% CA$ 8.1m | |
| Independent Director | 32.3yrs | CA$83.00k | 0.0044% CA$ 66.7k | |
| Chairman Emeritus | 30.3yrs | CA$80.00k | 1.15% CA$ 17.3m | |
| Chairman of the Board | 15.3yrs | CA$80.00k | 1.97% CA$ 29.8m | |
| Independent Director | 16.3yrs | CA$90.00k | 0.0066% CA$ 99.9k | |
| Independent Director | 20.3yrs | CA$90.00k | 0.015% CA$ 221.4k | |
| Independent Director | 10.4yrs | CA$80.00k | 0.073% CA$ 1.1m | |
| Independent Director | 4yrs | CA$90.00k | no data |
18.3yrs
Average Tenure
69.5yo
Average Age
Experienced Board: LNF's board of directors are seasoned and experienced ( 18.3 years average tenure).