VIQ Solutions Management
Management criteria checks 3/4
VIQ Solutions' CEO is Sebastien Pare, appointed in Jan 2015, has a tenure of 9.33 years. total yearly compensation is $690.26K, comprised of 54.3% salary and 45.7% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth CA$62.60K. The average tenure of the management team and the board of directors is 4.9 years and 6 years respectively.
Key information
Sebastien Pare
Chief executive officer
US$690.3k
Total compensation
| CEO salary percentage | 54.3% |
| CEO tenure | 9.3yrs |
| CEO ownership | 0.6% |
| Management average tenure | 4.9yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
Lacklustre Performance Is Driving VIQ Solutions Inc.'s (TSE:VQS) 25% Price Drop
Aug 16
Is VIQ Solutions (TSE:VQS) A Risky Investment?
Jun 17VIQ Solutions (TSE:VQS) Is Making Moderate Use Of Debt
Jul 20Is VIQ Solutions (TSE:VQS) Using Too Much Debt?
Apr 01Is VIQ Solutions (TSE:VQS) A Risky Investment?
Oct 11Earnings Release: Here's Why Analysts Cut Their VIQ Solutions Inc. (TSE:VQS) Price Target To CA$7.90
Aug 19What You Need To Know About The VIQ Solutions Inc. (TSE:VQS) Analyst Downgrade Today
Aug 04When Will VIQ Solutions Inc. (TSE:VQS) Breakeven?
Feb 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -US$14m |
| Sep 30 2023 | n/a | n/a | -US$14m |
| Jun 30 2023 | n/a | n/a | -US$11m |
| Mar 31 2023 | n/a | n/a | -US$10m |
| Dec 31 2022 | US$690k | US$375k | -US$9m |
| Sep 30 2022 | n/a | n/a | -US$10m |
| Jun 30 2022 | n/a | n/a | -US$13m |
| Mar 31 2022 | n/a | n/a | -US$20m |
| Dec 31 2021 | US$2m | US$330k | -US$20m |
| Sep 30 2021 | n/a | n/a | -US$19m |
| Jun 30 2021 | n/a | n/a | -US$16m |
| Mar 31 2021 | n/a | n/a | -US$6m |
| Dec 31 2020 | US$531k | US$224k | -US$11m |
| Sep 30 2020 | n/a | n/a | -US$11m |
| Jun 30 2020 | n/a | n/a | -US$10m |
| Mar 31 2020 | n/a | n/a | -US$10m |
| Dec 31 2019 | US$302k | US$139k | -US$5m |
| Sep 30 2019 | n/a | n/a | -US$7m |
| Jun 30 2019 | n/a | n/a | -US$8m |
| Mar 31 2019 | n/a | n/a | -US$7m |
| Dec 31 2018 | US$374k | US$176k | -US$6m |
| Sep 30 2018 | n/a | n/a | -US$2m |
| Jun 30 2018 | n/a | n/a | -US$1m |
| Mar 31 2018 | n/a | n/a | -US$841k |
| Dec 31 2017 | US$276k | US$191k | -US$851k |
Compensation vs Market: Sebastien's total compensation ($USD690.26K) is above average for companies of similar size in the Canadian market ($USD174.31K).
Compensation vs Earnings: Sebastien's compensation has been consistent with company performance over the past year.
CEO
Sebastien Pare (52 yo)
9.3yrs
Tenure
US$690,258
Compensation
Mr. Sebastien Pare has been the Chief Executive Officer of VIQ Solutions Inc. since January 2015 and was its President since August 1, 2014, until February 2021. Mr. Paré is a proven digital transformation...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 9.9yrs | US$482.46k | 1.31% $ 134.0k | |
| CEO & Director | 9.3yrs | US$690.26k | 0.61% $ 62.6k | |
| President | 5.8yrs | US$436.19k | 1.41% $ 143.9k | |
| Chief Financial Officer | 5yrs | US$462.11k | 0.30% $ 31.2k | |
| Chief Technology Officer | 2.5yrs | US$299.91k | 0.070% $ 7.1k | |
| Chief Information Officer | 5.3yrs | no data | no data | |
| Senior Vice President of Global Sales & Business Development | 4.8yrs | no data | no data | |
| Senior Vice President Of International | 1.5yrs | no data | no data |
4.9yrs
Average Tenure
55yo
Average Age
Experienced Management: VQS's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 9.9yrs | US$482.46k | 1.31% $ 134.0k | |
| CEO & Director | 9.3yrs | US$690.26k | 0.61% $ 62.6k | |
| President | 2.1yrs | US$436.19k | 1.41% $ 143.9k | |
| Independent Director | 7.5yrs | US$84.79k | 1.01% $ 103.3k | |
| Independent Director | 2.1yrs | US$60.53k | 0.29% $ 30.0k | |
| Independent Director | 4.5yrs | US$68.03k | 12.05% $ 1.2m |
6.0yrs
Average Tenure
57yo
Average Age
Experienced Board: VQS's board of directors are considered experienced (6 years average tenure).