Coveo Solutions Management

Management criteria checks 2/4

Coveo Solutions' CEO is Louis Tetu, appointed in Jan 2012, has a tenure of 12.92 years. total yearly compensation is $1.66M, comprised of 20.3% salary and 79.7% bonuses, including company stock and options. directly owns 3.8% of the company’s shares, worth CA$25.44M. The average tenure of the management team and the board of directors is 4.5 years and 3.9 years respectively.

Key information

Louis Tetu

Chief executive officer

US$1.7m

Total compensation

CEO salary percentage20.3%
CEO tenure12.9yrs
CEO ownership3.8%
Management average tenure4.5yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

Coveo Solutions Inc.'s (TSE:CVO) Intrinsic Value Is Potentially 68% Above Its Share Price

Dec 11
Coveo Solutions Inc.'s (TSE:CVO) Intrinsic Value Is Potentially 68% Above Its Share Price

Coveo Solutions Inc. (TSE:CVO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Nov 07
Coveo Solutions Inc. (TSE:CVO) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Optimistic Investors Push Coveo Solutions Inc. (TSE:CVO) Shares Up 27% But Growth Is Lacking

Nov 06
Optimistic Investors Push Coveo Solutions Inc. (TSE:CVO) Shares Up 27% But Growth Is Lacking

Coveo Solutions Inc.'s (TSE:CVO) Popularity With Investors Under Threat As Stock Sinks 27%

Aug 08
Coveo Solutions Inc.'s (TSE:CVO) Popularity With Investors Under Threat As Stock Sinks 27%

CA$11.34: That's What Analysts Think Coveo Solutions Inc. (TSE:CVO) Is Worth After Its Latest Results

Jun 07
CA$11.34: That's What Analysts Think Coveo Solutions Inc. (TSE:CVO) Is Worth After Its Latest Results

We're Not Worried About Coveo Solutions' (TSE:CVO) Cash Burn

Apr 20
We're Not Worried About Coveo Solutions' (TSE:CVO) Cash Burn

Coveo Solutions Inc. (TSE:CVO) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Feb 10
Coveo Solutions Inc. (TSE:CVO) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

We're Interested To See How Coveo Solutions (TSE:CVO) Uses Its Cash Hoard To Grow

Jan 11
We're Interested To See How Coveo Solutions (TSE:CVO) Uses Its Cash Hoard To Grow

Is Now An Opportune Moment To Examine Coveo Solutions Inc. (TSE:CVO)?

Nov 24
Is Now An Opportune Moment To Examine Coveo Solutions Inc. (TSE:CVO)?

We Think Coveo Solutions (TSE:CVO) Can Easily Afford To Drive Business Growth

Oct 09
We Think Coveo Solutions (TSE:CVO) Can Easily Afford To Drive Business Growth

Coveo Solutions Inc. (TSE:CVO) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 09
Coveo Solutions Inc. (TSE:CVO) Analysts Are Pretty Bullish On The Stock After Recent Results

CEO Compensation Analysis

How has Louis Tetu's remuneration changed compared to Coveo Solutions's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$22m

Jun 30 2024n/an/a

-US$23m

Mar 31 2024US$2mUS$336k

-US$24m

Dec 31 2023n/an/a

-US$27m

Sep 30 2023n/an/a

-US$31m

Jun 30 2023n/an/a

-US$34m

Mar 31 2023US$521kUS$222k

-US$40m

Dec 31 2022n/an/a

-US$52m

Sep 30 2022n/an/a

US$384m

Jun 30 2022n/an/a

US$333m

Mar 31 2022US$10mUS$232k

US$418m

Compensation vs Market: Louis's total compensation ($USD1.66M) is above average for companies of similar size in the Canadian market ($USD1.19M).

Compensation vs Earnings: Louis's compensation has increased whilst the company is unprofitable.


CEO

Louis Tetu (59 yo)

12.9yrs

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

NamePositionTenureCompensationOwnership
Louis Tetu
Chairman & CEO12.9yrsUS$1.66m3.8%
CA$ 25.4m
Laurent Simoneau
Co-Founder19.9yrsUS$704.14k0.033%
CA$ 223.9k
Brandon Nussey
Chief Financial Officer1.6yrsUS$421.92k0.020%
CA$ 132.1k
Sheila Morin
Chief Marketing Officer3yrsUS$286.19k0.0039%
CA$ 25.9k
Nicholas Goode
Chief Business Officer1.3yrsUS$416.57k0.065%
CA$ 434.9k
Richard Tessier
Co-Founder & Senior VP of Products19.9yrsno data0.0087%
CA$ 58.3k
Marc Sanfacon
Co-Founder & Senior VP of Technology19.9yrsno data0.0049%
CA$ 33.0k
Paul Moon
Head of Investor Relationsno datano datano data
Michael Jepsen
Senior Vice President of Sales1.5yrsno datano data
Chelsea Finnemore
Chief Human Resources Officerless than a yearno datano data
Mike Raley
Senior Vice President of Growth Operationsno datano datano data
Karine Hamel
Senior Vice President of Finance5.9yrsno data0.0079%
CA$ 53.1k

4.5yrs

Average Tenure

58yo

Average Age

Experienced Management: CVO's management team is considered experienced (4.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Louis Tetu
Chairman & CEO16.9yrsUS$1.66m3.8%
CA$ 25.4m
Laurent Simoneau
Co-Founder20.3yrsUS$704.14k0.033%
CA$ 223.9k
J. Yepez
Lead Independent Director16.4yrsUS$234.63k0.38%
CA$ 2.5m
Éric Lamarre
Independent Directorless than a yearno datano data
Gillian Denham
Independent Director1.3yrsUS$141.63kno data
Isaac Kim
Director5.9yrsUS$199.08kno data
Valery Zamuner
Independent Director3.9yrsUS$154.29k0.014%
CA$ 91.6k
Fay Goon
Independent Director3.9yrsUS$219.09kno data
Shanti Ariker
Independent Director3.9yrsUS$214.90kno data

3.9yrs

Average Tenure

57.5yo

Average Age

Experienced Board: CVO's board of directors are considered experienced (3.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:07
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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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

Coveo Solutions Inc. is covered by 10 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.

AnalystInstitution
Thanos MoschopoulosBMO Capital Markets Equity Research
Koji IkedaBofA Global Research
Douglas TaylorCanaccord Genuity