Acceleware Management

Management criteria checks 3/4

Acceleware's CEO is Geoff Clark, appointed in Sep 2010, has a tenure of 13.67 years. total yearly compensation is CA$315.50K, comprised of 69.9% salary and 30.1% bonuses, including company stock and options. directly owns 3.04% of the company’s shares, worth CA$414.10K. The average tenure of the management team and the board of directors is 11 years and 5.9 years respectively.

Key information

Geoff Clark

Chief executive officer

CA$315.5k

Total compensation

CEO salary percentage69.9%
CEO tenure13.7yrs
CEO ownership3.0%
Management average tenure11yrs
Board average tenure5.9yrs

Recent management updates

Recent updates

Companies Like Acceleware (CVE:AXE) Can Afford To Invest In Growth

Nov 05
Companies Like Acceleware (CVE:AXE) Can Afford To Invest In Growth

Here's Why We're Not At All Concerned With Acceleware's (CVE:AXE) Cash Burn Situation

Jul 09
Here's Why We're Not At All Concerned With Acceleware's (CVE:AXE) Cash Burn Situation

Here's Why We're Not Too Worried About Acceleware's (CVE:AXE) Cash Burn Situation

Feb 17
Here's Why We're Not Too Worried About Acceleware's (CVE:AXE) Cash Burn Situation

CEO Compensation Analysis

How has Geoff Clark's remuneration changed compared to Acceleware's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

-CA$3m

Dec 31 2023CA$316kCA$221k

-CA$2m

Sep 30 2023n/an/a

-CA$4m

Jun 30 2023n/an/a

-CA$4m

Mar 31 2023n/an/a

-CA$3m

Dec 31 2022CA$336kCA$221k

-CA$5m

Sep 30 2022n/an/a

-CA$6m

Jun 30 2022n/an/a

-CA$6m

Mar 31 2022n/an/a

-CA$5m

Dec 31 2021CA$402kCA$220k

-CA$4m

Sep 30 2021n/an/a

-CA$3m

Jun 30 2021n/an/a

-CA$3m

Mar 31 2021n/an/a

-CA$2m

Dec 31 2020CA$392kCA$210k

-CA$2m

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

-CA$2m

Mar 31 2020n/an/a

-CA$2m

Dec 31 2019CA$373kCA$209k

-CA$2m

Sep 30 2019n/an/a

CA$2m

Jun 30 2019n/an/a

CA$1m

Mar 31 2019n/an/a

CA$808k

Dec 31 2018CA$494kCA$201k

-CA$99k

Sep 30 2018n/an/a

-CA$3m

Jun 30 2018n/an/a

-CA$3m

Mar 31 2018n/an/a

-CA$3m

Dec 31 2017CA$381kCA$199k

-CA$3m

Compensation vs Market: Geoff's total compensation ($USD230.87K) is above average for companies of similar size in the Canadian market ($USD174.72K).

Compensation vs Earnings: Geoff's compensation has been consistent with company performance over the past year.


CEO

Geoff Clark

13.7yrs

Tenure

CA$315,500

Compensation

Mr. Geoffrey Blair David Clark, also known as Geoff, has been the Chief Executive Officer of Acceleware Ltd. since September 16, 2010. Mr. Clark had been an Interim Chief Financial Officer of Acceleware Lt...


Leadership Team

NamePositionTenureCompensationOwnership
Geoffrey Blair Clark
CEO & Director13.7yrsCA$315.50k3.04%
CA$ 414.1k
Michal Okoniewski
Co-Founder18.8yrsCA$249.24k5.43%
CA$ 739.8k
Tracy Grierson
Chief Financial Officer4.7yrsCA$145.39k0.0018%
CA$ 247.8
Michael Tourigny
Chief Operating Officer8.3yrsCA$249.24k2.25%
CA$ 306.3k

11.0yrs

Average Tenure

Experienced Management: AXE's management team is seasoned and experienced (11 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Geoffrey Blair Clark
CEO & Director14.3yrsCA$315.50k3.04%
CA$ 414.1k
Michal Okoniewski
Co-Founder15.3yrsCA$249.24k5.43%
CA$ 739.8k
Bohdan Romaniuk
Independent Chairman20.3yrsCA$5.00k1.1%
CA$ 149.5k
Chad Robinson
Member of Acceleware Advisory Board5.9yrsno datano data
Donald Verdonck
Member of Advisory Boardno dataCA$4.11kno data
Peter Neweduk
Independent Director20.3yrsCA$5.00k1.24%
CA$ 168.6k
John Howard
Member of Acceleware Advisory Board5.9yrsno datano data
Cal Coulter
Member of Acceleware Advisory Board5.9yrsno datano data
Jeff Reading
Member of Acceleware Advisory Board5.9yrsno datano data
Caralyn Bennett
Independent Director3.9yrsCA$5.00k0.046%
CA$ 6.2k
Jim Boucher
Independent Director3yrsCA$3.00kno data

5.9yrs

Average Tenure

62yo

Average Age

Experienced Board: AXE's board of directors are considered experienced (5.9 years average tenure).


Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.