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$787.91K. The average tenure of the management team and the board of directors is 3.1 years and 3.2 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 | 3.2yrs |
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 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 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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$18m |
Compensation vs Market: Greg's total compensation ($USD1.46M) is about average for companies of similar size in the Canadian market ($USD1.14M).
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$2.12m | 0.12% CA$ 787.9k | |
| Chief Financial Officer | 1.8yrs | CA$2.45m | 0.15% CA$ 939.0k | |
| COO & Chief Information Officer | 6.9yrs | CA$874.29k | 0.16% CA$ 1.0m | |
| Chief Revenue Officer | 2.9yrs | CA$2.00m | 0.082% CA$ 527.4k | |
| Chief Marketing Officer | no data | no data | no data | |
| Executive Vice President of People Operations | 5.1yrs | no data | no data | |
| Executive Vice President of Strategy & Solutions | 5.1yrs | no data | no data | |
| Executive Vice President of Hybrid Platforms | 2.1yrs | no data | no data | |
| Executive Vice President of North America Sales | 3.1yrs | no data | no data | |
| Chief Technology Officer of US | 3.3yrs | no data | no data | |
| Global Chief Information Security Officer | 3.1yrs | no data | no data | |
| CTO of Advanced Analytics | no data | 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$2.12m | 0.12% CA$ 787.9k | |
| Chairman of the Board | 3.8yrs | CA$806.84k | 0.68% CA$ 4.4m | |
| Independent Director | 2.7yrs | CA$100.00k | 0.0040% CA$ 25.8k | |
| Independent Director | 5.7yrs | CA$135.00k | 0.031% CA$ 196.6k | |
| Independent Director | 1.2yrs | CA$7.07k | no data | |
| Independent Director | 3.7yrs | CA$140.00k | 0.0088% CA$ 56.1k | |
| Director | less than a year | no data | no data | |
| Independent Director | 6.3yrs | CA$100.00k | 0.048% CA$ 307.9k | |
| Lead Independent Director | 6.3yrs | CA$147.50k | 0.14% CA$ 898.7k | |
| Director | less than a year | no data | no data |
3.2yrs
Average Tenure
61.5yo
Average Age
Experienced Board: CTS's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 03:21 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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 here.
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 .
Analyst Sources
Converge Technology Solutions Corp. is covered by 17 analysts. 11 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 |