Optiva Management

Management criteria checks 2/4

Optiva's CEO is Robert Stabile, appointed in Jan 2023, has a tenure of 1.25 years. directly owns 0.16% of the company’s shares, worth CA$60.00K. The average tenure of the management team and the board of directors is 1.3 years and 2.8 years respectively.

Key information

Robert Stabile

Chief executive officer

US$110.7k

Total compensation

CEO salary percentage	n/a
CEO tenure	1.3yrs
CEO ownership	0.2%
Management average tenure	1.3yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

There's No Escaping Optiva Inc.'s (TSE:OPT) Muted Revenues Despite A 53% Share Price Rise

Feb 04

CEO

Robert Stabile (48 yo)

1.3yrs

Tenure

US$110,745

Compensation

Mr. Robert Stabile, CFA, has been Chief Executive Officer at Optiva Inc (Formerly Known as Redknee Solutions Inc.) since 2023 and serves is its Chairman of the Board since July 2020. He serves as the Chief...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Robert Stabile	CEO & Chairman of the Board	1.3yrs	US$110.75k	0.16% $ 60.0k
Poh Gan	Vice President of Finance (Commercial)	2.3yrs	US$273.79k	no data
Mary-Lynn Oke	Chief Financial Officer	less than a year	no data	no data
Matthew Halligan	Chief Technology Officer	3.2yrs	US$535.08k	no data
Ali Mahdavi	Investor Relation Officer	no data	no data	no data
Michele Campriani	Chief Revenue Officer	less than a year	no data	no data

1.3yrs

Average Tenure

Experienced Management: OPT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Robert Stabile	CEO & Chairman of the Board	6.5yrs	US$110.75k	0.16% $ 60.0k
Barry Symons	Independent Director	2.8yrs	US$90.07k	0.16% $ 60.0k
Patrick DiPietro	Independent Director	2.8yrs	US$84.91k	no data
Birgit Troy	Independent Director	1.8yrs	US$78.39k	no data
Ryan Morris	Board Observer	2.8yrs	US$20.71k	no data
Matthew Kirk	Independent Director	1.8yrs	US$80.13k	no data
Simon Parmar	Independent Director	2.8yrs	US$93.40k	0.016% $ 6.0k
Anuroop Duggal	Independent Director	3.7yrs	US$88.60k	0.28% $ 105.0k
Lee Matheson	Independent Vice-Chair of the Board	3.8yrs	US$111.17k	0.40% $ 150.0k

2.8yrs

Average Tenure

41yo

Average Age

Experienced Board: OPT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Optiva Management

Management criteria checks 2/4

Key information

Recent management updates

Optiva Announces Chief Financial Officer Changes

Optiva Inc. Appoints Michele Campriani as Chief Revenue Officer

High number of new and inexperienced directors

High number of new and inexperienced directors

High number of new and inexperienced directors

Optiva Inc. Announces Directorate Appointments

Recent updates

Full year 2023 earnings released: US$1.98 loss per share (vs US$0.12 profit in FY 2022)

Optiva Inc. Provides Earnings Guidance for the Year 2024

There's No Escaping Optiva Inc.'s (TSE:OPT) Muted Revenues Despite A 53% Share Price Rise

Optiva Inc. Provides Preliminary Revenue Guidance for the Fourth Quarter and Full Year 2023 and Full Year 2024

Benign Growth For Optiva Inc. (TSE:OPT) Underpins Stock's 50% Plummet

Third quarter 2023 earnings released: US$0.68 loss per share (vs US$0.14 profit in 3Q 2022)

Optiva Inc. announced that it expects to receive $13.5 million in funding from EdgePoint Investment Group Inc.

Optiva Inc. announced that it expects to receive $13.5 million in funding from EdgePoint Investment Group Inc.

Optiva Inc. Announces Launch of Next-Generation Optiva Charging Engine

Second quarter 2023 earnings released: US$0.21 loss per share (vs US$0.08 loss in 2Q 2022)

The Return Trends At Optiva (TSE:OPT) Look Promising

Now 20% undervalued after recent price drop

Benign Growth For Optiva Inc. (TSE:OPT) Underpins Stock's 38% Plummet

Is There Now An Opportunity In Optiva Inc. (TSE:OPT)?

Optiva Announces Chief Financial Officer Changes

Optiva Inc. Appoints Michele Campriani as Chief Revenue Officer

First quarter 2023 earnings released: US$0.45 loss per share (vs US$0.30 profit in 1Q 2022)

Full year 2022 earnings released: EPS: US$0.12 (vs US$3.12 in FY 2021)

High number of new and inexperienced directors

Optiva (TSE:OPT) Shareholders Will Want The ROCE Trajectory To Continue

High number of new and inexperienced directors

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: US$0.14 (vs US$0.61 in 3Q 2021)

Why Optiva Inc. (TSE:OPT) Could Be Worth Watching

Optiva Inc. to Report Q3, 2022 Results on Nov 08, 2022

Second quarter 2022 earnings released: US$0.08 loss per share (vs US$0.22 profit in 2Q 2021)

Optiva Inc. to Report Q2, 2022 Results on Aug 09, 2022

Optiva Inc. Announces Directorate Appointments

Optiva Inc. Approves Election of Birgit Troy as Director

First quarter 2022 earnings released: EPS: US$0.30 (vs US$3.14 in 1Q 2021)

High number of new and inexperienced directors

Optiva Inc., Annual General Meeting, Jun 27, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Optiva Inc. Launches Optiva Charging Engine Private and Public Cloud Edition

Optiva Inc. to Report Q4, 2021 Results on Mar 08, 2022

Independent Director recently bought CA$250k worth of stock

Investor sentiment improved over the past week

CFO & Corporate Secretary recently bought CA$63k worth of stock

Third quarter 2021 earnings released: EPS US$0.61 (vs US$5.50 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.22 (vs US$2.78 loss in 2Q 2020)

Independent Director Graham P. Gow has left the company

Independent Non-Executive Director Demetrios Anaipakos has left the company

Independent Director Andrew Day has left the company

First quarter 2021 earnings released: EPS US$3.14 (vs US$0.15 in 1Q 2020)

Optiva Inc. announced that it expects to receive CAD 25.035 million in funding from EdgePoint Investment Group Inc., Oceanlink Management Ltd., and other investors

Oceanlink Management Ltd., Maple Rock Capital Partners, Inc., Meson Capital Partners LLC and EdgePoint Investment Group Inc. completed the acquisition of 27.78% interest in Optiva Inc. (TSX:OPT) from ESW Capital, LLC.

Tele2 Extends its Partnership in Sweden and the Baltics with Optiva Inc

Revenue misses expectations

Full year 2020 earnings released: US$7.81 loss per share (vs US$2.08 loss in FY 2019)

Optiva Inc. Announces Resignation of Board of Directors

Mobily Goes Live with Optiva Payment Solution on Private Cloud

Optiva Inc. Announce the Appointment of Matthew Halligan as Chief Technology Officer

New 90-day low: CA$34.05

Optiva Inc. Announces Board Changes

Independent Director has left the company

New 90-day low: CA$34.42

Optiva Inc. Establishes A Financing Committee and Announces Board Appointments

New 90-day low: CA$40.98

Optiva Inc. Appoints John Giere as President

New 90-day low: CA$41.97

New 90-day low: CA$42.25

Optiva Inc. announced that it expects to receive CAD 30 million in funding from Oceanlink Management Ltd.

ESW Capital, LLC made an offer to acquire the remaining 77.52% stake in Optiva Inc. (TSX:OPT) for approximately CAD 250 million.

Analysts update estimates

Earnings released

New 90-day high - CA$50.93

CEO

Tenure

Compensation