Coveo Solutions Management
Management criteria checks 2/4
Coveo Solutions' CEO is Louis Tetu, appointed in Jan 2012, has a tenure of 12.83 years. total yearly compensation is $1.66M, comprised of 20.3% salary and 79.7% bonuses, including company stock and options. directly owns 3.82% of the company’s shares, worth CA$19.33M. The average tenure of the management team and the board of directors is 10.8 years and 3.8 years respectively.
Key information
Louis Tetu
Chief executive officer
US$1.7m
Total compensation
| CEO salary percentage | 20.3% |
| CEO tenure | 12.8yrs |
| CEO ownership | 3.8% |
| Management average tenure | 10.8yrs |
| Board average tenure | 3.8yrs |
Recent management updates
Recent updates
Coveo Solutions Inc.'s (TSE:CVO) Popularity With Investors Under Threat As Stock Sinks 27%
Aug 08
CA$11.34: That's What Analysts Think Coveo Solutions Inc. (TSE:CVO) Is Worth After Its Latest Results
Jun 07We're Not Worried About Coveo Solutions' (TSE:CVO) Cash Burn
Apr 20Coveo Solutions Inc. (TSE:CVO) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected
Feb 10We're Interested To See How Coveo Solutions (TSE:CVO) Uses Its Cash Hoard To Grow
Jan 11Is Now An Opportune Moment To Examine Coveo Solutions Inc. (TSE:CVO)?
Nov 24We Think Coveo Solutions (TSE:CVO) Can Easily Afford To Drive Business Growth
Oct 09Coveo Solutions Inc. (TSE:CVO) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$23m |
| Mar 31 2024 | US$2m | US$336k | -US$24m |
| Dec 31 2023 | n/a | n/a | -US$27m |
| Sep 30 2023 | n/a | n/a | -US$31m |
| Jun 30 2023 | n/a | n/a | -US$34m |
| Mar 31 2023 | US$521k | US$222k | -US$40m |
| Dec 31 2022 | n/a | n/a | -US$52m |
| Sep 30 2022 | n/a | n/a | US$384m |
| Jun 30 2022 | n/a | n/a | US$333m |
| Mar 31 2022 | US$10m | US$232k | US$418m |
Compensation vs Market: Louis's total compensation ($USD1.66M) is above average for companies of similar size in the Canadian market ($USD1.14M).
Compensation vs Earnings: Louis's compensation has increased whilst the company is unprofitable.
CEO
Louis Tetu (59 yo)
12.8yrs
Tenure
US$1,656,921
Compensation
Mr. Louis Tetu, B.Eng. & ICD D, serves as an Independent Director at Alimentation Couche-Tard Inc. since September 18, 2019. He is Director at IngeniArts Technologies Inc. He has been the Chief Executive O...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12.8yrs | US$1.66m | 3.82% CA$ 19.3m | |
| Co-Founder | 19.8yrs | US$704.14k | 0.034% CA$ 170.1k | |
| Chief Financial Officer | 1.5yrs | US$421.92k | 0.020% CA$ 100.4k | |
| Chief Marketing Officer | 2.9yrs | US$286.19k | 0.0039% CA$ 19.6k | |
| Chief Business Officer | 1.3yrs | US$416.57k | 0.065% CA$ 326.8k | |
| Co-Founder & Senior VP of Products | 19.8yrs | no data | 0.0088% CA$ 44.3k | |
| Co-Founder & Senior VP of Technology | 19.8yrs | no data | 0.0050% CA$ 25.1k | |
| Chief Information Officer | 17.8yrs | no data | 0% CA$ 0 | |
| Head of Investor Relations | no data | no data | no data | |
| VP of Legal & Corporate Secretary | 10.8yrs | no data | 0.0042% CA$ 21.3k | |
| Senior Vice President of Sales | 1.4yrs | no data | no data | |
| Chief Human Resources Officer | less than a year | no data | no data |
10.8yrs
Average Tenure
58yo
Average Age
Experienced Management: CVO's management team is seasoned and experienced (10.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 16.8yrs | US$1.66m | 3.82% CA$ 19.3m | |
| Co-Founder | 20.3yrs | US$704.14k | 0.034% CA$ 170.1k | |
| Lead Independent Director | 16.3yrs | US$234.63k | 0.38% CA$ 1.9m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 1.2yrs | US$141.63k | no data | |
| Director | 5.8yrs | US$199.08k | no data | |
| Independent Director | 3.8yrs | US$154.29k | 0.014% CA$ 69.6k | |
| Independent Director | 3.8yrs | US$219.09k | no data | |
| Independent Director | 3.8yrs | US$214.90k | no data |
3.8yrs
Average Tenure
57.5yo
Average Age
Experienced Board: CVO's board of directors are considered experienced (3.8 years average tenure).