Converge Technology Solutions Management
Management criteria checks 4/4
Converge Technology Solutions' CEO is Greg Berard, appointed in Mar 2024, has a tenure of less than a year. total yearly compensation is CA$2.03M, comprised of 40% salary and 60% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth CA$1.18M. The average tenure of the management team and the board of directors is 2.3 years and 3.9 years respectively.
Key information
Greg Berard
Chief executive officer
CA$2.0m
Total compensation
| CEO salary percentage | 40.0% |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | 2.3yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Capital Allocation Trends At Converge Technology Solutions (TSE:CTS) Aren't Ideal
Apr 11
Converge Technology Solutions Corp. (TSE:CTS) Held Back By Insufficient Growth Even After Shares Climb 28%
Mar 16Converge Technology Solutions Corp.'s (TSE:CTS) Share Price Is Matching Sentiment Around Its Revenues
Jan 31Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?
Nov 08Some Investors May Be Worried About Converge Technology Solutions' (TSE:CTS) Returns On Capital
Oct 18Should You Investigate Converge Technology Solutions Corp. (TSE:CTS) At CA$2.59?
Aug 11Here's What's Concerning About Converge Technology Solutions' (TSE:CTS) Returns On Capital
May 31Is There Now An Opportunity In Converge Technology Solutions Corp. (TSE:CTS)?
May 11We Like These Underlying Return On Capital Trends At Converge Technology Solutions (TSE:CTS)
Feb 11Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?
Jan 20Is Now The Time To Look At Buying Converge Technology Solutions Corp. (TSE:CTS)?
Jan 04Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet
Nov 29Converge Technology Solutions (TSE:CTS) Is Looking To Continue Growing Its Returns On Capital
Oct 04We Ran A Stock Scan For Earnings Growth And Converge Technology Solutions (TSE:CTS) Passed With Ease
Sep 16Converge Technology Solutions (TSE:CTS) Has A Pretty Healthy Balance Sheet
Aug 29Converge Technology Solutions Corp.'s (TSE:CTS) 32% Jump Shows Its Popularity With Investors
Aug 11Converge Technology Solutions (TSE:CTS) Shareholders Will Want The ROCE Trajectory To Continue
Jun 28Should You Be Adding Converge Technology Solutions (TSE:CTS) To Your Watchlist Today?
Jun 06Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?
May 16CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$1m |
| Sep 30 2023 | n/a | n/a | -CA$11m |
| Jun 30 2023 | n/a | n/a | CA$12m |
| Mar 31 2023 | n/a | n/a | CA$27m |
| Dec 31 2022 | CA$2m | CA$812k | CA$27m |
| Sep 30 2022 | n/a | n/a | CA$37m |
| Jun 30 2022 | n/a | n/a | CA$21m |
| Mar 31 2022 | n/a | n/a | CA$10m |
| Dec 31 2021 | CA$2m | CA$632k | CA$16m |
| Sep 30 2021 | n/a | n/a | CA$10m |
| Jun 30 2021 | n/a | n/a | CA$6m |
| Mar 31 2021 | n/a | n/a | CA$907k |
| Dec 31 2020 | CA$891k | CA$636k | -CA$4m |
| Sep 30 2020 | n/a | n/a | -CA$4m |
| Jun 30 2020 | n/a | n/a | -CA$11m |
| Mar 31 2020 | n/a | n/a | -CA$9m |
| Dec 31 2019 | CA$981k | CA$463k | -CA$11m |
| Sep 30 2019 | n/a | n/a | -CA$17m |
| Jun 30 2019 | n/a | n/a | -CA$16m |
| Mar 31 2019 | n/a | n/a | -CA$20m |
| Dec 31 2018 | CA$838k | CA$410k | -CA$18m |
Compensation vs Market: Greg's total compensation ($USD1.48M) is about average for companies of similar size in the Canadian market ($USD1.72M).
Compensation vs Earnings: Greg's compensation has been consistent with company performance over the past year.
CEO
Greg Berard
less than a year
Tenure
CA$2,030,925
Compensation
Mr. Greg Berard serves as Chief Executive Officer at Converge Technology Solutions since March 2024. He served as Global Chief Executive officer and President at Converge Technology Solutions Corp since Oc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chief Executive Officer | less than a year | CA$2.03m | 0.10% CA$ 1.2m | |
| Chief Legal Officer | 2.8yrs | CA$1.37m | 0.0013% CA$ 15.3k | |
| Group CEO & Director | less than a year | CA$988.37k | 4.19% CA$ 48.4m | |
| Chief Revenue Officer | 2.1yrs | CA$3.24m | 0.066% CA$ 767.0k | |
| Chief Financial Officer | less than a year | no data | 0.022% CA$ 248.9k | |
| COO & Chief Information Officer | 6.1yrs | CA$1.94m | 0.14% CA$ 1.7m | |
| Vice President of Marketing | 4.3yrs | no data | no data | |
| Vice President of People Operations | 4.3yrs | no data | no data | |
| Executive Vice President of Strategy & Solutions | 4.3yrs | no data | no data | |
| Executive Vice President of Hybrid Platforms | 1.3yrs | no data | no data | |
| Executive Vice President of North America Sales | 2.3yrs | no data | no data | |
| Chief Technology Officer of US | 2.4yrs | no data | no data |
2.3yrs
Average Tenure
Experienced Management: CTS's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group CEO & Director | 8.3yrs | CA$988.37k | 4.19% CA$ 48.4m | |
| Chairman of the Board | 2.9yrs | CA$806.05k | 0.64% CA$ 7.4m | |
| Independent Director | 1.8yrs | CA$52.20k | 0.0038% CA$ 43.5k | |
| Independent Director | 4.8yrs | CA$110.00k | 0.029% CA$ 331.7k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2.8yrs | CA$107.83k | 0.0082% CA$ 94.7k | |
| Independent Director | 5.4yrs | CA$103.59k | 0.045% CA$ 519.6k | |
| Lead Independent Director | 5.4yrs | CA$126.09k | 0.13% CA$ 1.5m |
3.9yrs
Average Tenure
63yo
Average Age
Experienced Board: CTS's board of directors are considered experienced (3.9 years average tenure).