Sierra Wireless, Inc.

TSX:SW Stock Report

Market Cap: CA$1.6b

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Sierra Wireless Management

Management criteria checks 1/4

Key information

Phil Brace

Chief executive officer

US$3.9m

Total compensation

CEO salary percentage6.46%
CEO tenure1.5yrs
CEO ownership0.07%
Management average tenure2yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

Analysis Article • May 05

Sierra Wireless (TSE:SW) Has Debt But No Earnings; Should You Worry?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Nov 15

Is Sierra Wireless (TSE:SW) Weighed On By Its Debt Load?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Mar 18

Senior VP and GM of IoT Solutions & Marketing James Ryan Just Bought A Handful Of Shares In Sierra Wireless, Inc. (TSE:SW)

Investors who take an interest in Sierra Wireless, Inc. ( TSE:SW ) should definitely note that the Senior VP and GM of...
Analysis Article • Feb 28

Insider Buying: The Sierra Wireless, Inc. (TSE:SW) Chief Solutions Officer & Senior VP of EMEA and APAC Go to Market Just Bought US$92k Worth Of Shares

Whilst it may not be a huge deal, we thought it was good to see that the Sierra Wireless, Inc. ( TSE:SW ) Chief...
Analysis Article • Feb 15

Sierra Wireless (TSE:SW) Shareholders Have Enjoyed A 99% Share Price Gain

The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by...

CEO Compensation Analysis

How has Phil Brace's remuneration changed compared to Sierra Wireless's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2022n/an/a

-US$25m

Jun 30 2022n/an/a

-US$53m

Mar 31 2022n/an/a

-US$74m

Dec 31 2021US$4mUS$254k

-US$89m

Compensation vs Market: Phil's total compensation ($USD3.93M) is above average for companies of similar size in the Canadian market ($USD2.21M).

Compensation vs Earnings: Insufficient data to compare Phil's compensation with company performance.

CEO

Phil Brace (51 yo)

1.5yrs
Tenure
US$3,926,749
Compensation

Mr. Philip Gordon Brace, also known as Phil, is President and Chief Executive Officer at Sierra Wireless, Inc. since July 26, 2021 and also serves as Director since August 2021. He had been Executive Vice...

Leadership Team

NamePositionTenureCompensationOwnership
Philip Brace
President1.5yrsUS$3.93m0.068%
CA$ 1.1m
Samuel Cochrane
Chief Financial Officer2.7yrsUS$1.15m0.054%
CA$ 875.1k
Roy MacLean
Senior Vice President of Operations1.9yrsUS$532.56k0.035%
CA$ 574.1k
James Ryan
Senior VP of Product2.1yrsUS$666.40kno data
Pravinchandra Desale
Senior Vice President of Engineering1.2yrsUS$2.35m0.046%
CA$ 743.2k
David Climie
Vice President of Investor Relations8.8yrsno datano data
Jennifer Farac
General Counsel & Corporate Secretary2.8yrsno data0.00063%
CA$ 10.2k
Steve Harmon
Senior Vice President of Global Sales1.2yrsUS$1.77m0.042%
CA$ 673.5k
2.0yrs
Average Tenure

Experienced Management: SW's management team is considered experienced (2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Philip Brace
President1.4yrsUS$3.93m0.068%
CA$ 1.1m
Gregory Waters
Independent Director2.8yrsUS$181.57k0.17%
CA$ 2.8m
Martin McCourt
Independent Director2.7yrsUS$172.57k0.11%
CA$ 1.8m
Karima Bawa
Independent Director2.8yrsUS$176.87kno data
Lori O'Neill
Independent Director3.3yrsUS$186.37kno data
Thomas Sieber
Independent Director9yrsUS$181.57k0.19%
CA$ 3.1m
Russell Jones
Independent Chairman4.3yrsUS$187.37k0.077%
CA$ 1.2m
James Anderson
Independent Director2.8yrsUS$172.57k0.057%
CA$ 927.2k
Raj Talluri
Board Observer2.8yrsno datano data
2.8yrs
Average Tenure
58yo
Average Age

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/01/13 09:59
End of Day Share Price 2023/01/12 00:00
Earnings2022/09/30
Annual Earnings2021/12/31

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Sierra Wireless, Inc. is covered by 28 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
David TyermanATB Cormark Historical (Cormark Securities)
Amir RozwadowskiBarclays
Thanos MoschopoulosBMO Capital Markets Equity Research