Converge Technology Solutions Management
Management criteria checks 3/4
Converge Technology Solutions' CEO is Greg Berard, appointed in Nov 2024, has a tenure of less than a year. total yearly compensation is CA$2.12M, comprised of 50.1% salary and 49.9% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth CA$1.27M. The average tenure of the management team and the board of directors is 3.1 years and 3.3 years respectively.
Key information
Greg Berard
Chief executive officer
CA$2.1m
Total compensation
| CEO salary percentage | 50.1% |
| CEO tenure | less than a year |
| CEO ownership | 0.1% |
| Management average tenure | 3.1yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Converge Technology Solutions (TSE:CTS) Has A Somewhat Strained Balance Sheet
Jan 05
Converge Technology Solutions (TSE:CTS) Has Announced A Dividend Of CA$0.015
Dec 02Some Converge Technology Solutions Corp. (TSE:CTS) Shareholders Look For Exit As Shares Take 25% Pounding
Nov 16Converge Technology Solutions' (TSE:CTS) Dividend Will Be CA$0.015
Nov 15Is Converge Technology Solutions (TSE:CTS) Using Too Much Debt?
Sep 04Pinning Down Converge Technology Solutions Corp.'s (TSE:CTS) P/S Is Difficult Right Now
Jun 21We Think Converge Technology Solutions (TSE:CTS) Is Taking Some Risk With Its Debt
May 23Is Converge Technology Solutions Corp. (TSE:CTS) Trading At A 49% Discount?
May 02Capital Allocation Trends At Converge Technology Solutions (TSE:CTS) Aren't Ideal
Apr 11Converge 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 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | -CA$178m |
| Sep 30 2024 | n/a | n/a | -CA$163m |
| Jun 30 2024 | n/a | n/a | -CA$161m |
| Mar 31 2024 | n/a | n/a | -CA$1m |
| Dec 31 2023 | CA$2m | CA$1m | -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$18m |
Compensation vs Market: Greg's total compensation ($USD1.47M) is about average for companies of similar size in the Canadian market ($USD1.78M).
Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.
CEO
Greg Berard
less than a year
Tenure
CA$2,115,829
Compensation
Mr. Greg Berard serves as Chief Executive Officer at Converge Technology Solutions since March 2024 and also serves as a Director since November 12, 2024. He served as Global Chief Executive officer and Pr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$2.12m | 0.12% CA$ 1.3m | |
| Chief Financial Officer | 1.8yrs | CA$2.45m | 0.15% CA$ 1.5m | |
| Chief Revenue Officer | 3yrs | CA$2.00m | 0.084% CA$ 863.0k | |
| Chief Marketing Officer | no data | no data | no data | |
| Executive Vice President of People Operations | 5.2yrs | no data | no data | |
| Executive Vice President of Strategy & Solutions | 5.2yrs | no data | no data | |
| Executive Vice President of Hybrid Platforms | 2.2yrs | no data | no data | |
| Executive Vice President of North America Sales | 3.2yrs | no data | no data | |
| Chief Technology Officer of US | 3.3yrs | no data | no data | |
| Global Chief Information Security Officer | 3.2yrs | no data | no data | |
| CTO of Advanced Analytics | no data | no data | no data | |
| Managing Director of Germany | 1.3yrs | no data | no data |
3.1yrs
Average Tenure
Experienced Management: CTS's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | CA$2.12m | 0.12% CA$ 1.3m | |
| Chairman of the Board | 3.8yrs | CA$806.84k | 0.68% CA$ 7.1m | |
| Independent Director | 2.8yrs | CA$100.00k | 0.0040% CA$ 41.6k | |
| Independent Director | 5.8yrs | CA$135.00k | 0.031% CA$ 317.2k | |
| Independent Director | 1.3yrs | CA$7.07k | no data | |
| Independent Director | 3.8yrs | CA$140.00k | 0.0088% CA$ 90.5k | |
| Director | less than a year | no data | no data | |
| Independent Director | 6.3yrs | CA$100.00k | 0.048% CA$ 496.9k | |
| Lead Independent Director | 6.3yrs | CA$147.50k | 0.14% CA$ 1.5m | |
| Director | less than a year | no data | no data |
3.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: CTS's board of directors are considered experienced (3.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 12:02 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Converge Technology Solutions Corp. is covered by 17 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin May | Berenberg |
| Deepak Kaushal | BMO Capital Markets Equity Research |
| Robert Young | Canaccord Genuity |