Vecima Networks Management

Management criteria checks 4/4

Vecima Networks' CEO is Sumit Kumar, appointed in Jan 2011, has a tenure of 13.92 years. total yearly compensation is CA$584.48K, comprised of 63.1% salary and 36.9% bonuses, including company stock and options. directly owns 0.7% of the company’s shares, worth CA$2.60M. The average tenure of the management team and the board of directors is 4.4 years and 3.3 years respectively.

Key information

Sumit Kumar

Chief executive officer

CA$584.5k

Total compensation

CEO salary percentage63.1%
CEO tenure13.9yrs
CEO ownership0.7%
Management average tenure4.4yrs
Board average tenure3.3yrs

Recent management updates

Recent updates

Vecima Networks (TSE:VCM) Is Paying Out A Dividend Of CA$0.055

Sep 21
Vecima Networks (TSE:VCM) Is Paying Out A Dividend Of CA$0.055

Why Investors Shouldn't Be Surprised By Vecima Networks Inc.'s (TSE:VCM) 31% Share Price Surge

Mar 13
Why Investors Shouldn't Be Surprised By Vecima Networks Inc.'s (TSE:VCM) 31% Share Price Surge

Vecima Networks (TSE:VCM) Shareholders Will Want The ROCE Trajectory To Continue

Mar 13
Vecima Networks (TSE:VCM) Shareholders Will Want The ROCE Trajectory To Continue

Vecima Networks' (TSE:VCM) Soft Earnings Are Actually Better Than They Appear

Feb 21
Vecima Networks' (TSE:VCM) Soft Earnings Are Actually Better Than They Appear

Vecima Networks (TSE:VCM) Will Pay A Dividend Of CA$0.055

Feb 17
Vecima Networks (TSE:VCM) Will Pay A Dividend Of CA$0.055

Does Vecima Networks (TSE:VCM) Have A Healthy Balance Sheet?

Feb 16
Does Vecima Networks (TSE:VCM) Have A Healthy Balance Sheet?

Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055

Sep 24
Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055

There's Been No Shortage Of Growth Recently For Vecima Networks' (TSE:VCM) Returns On Capital

May 12
There's Been No Shortage Of Growth Recently For Vecima Networks' (TSE:VCM) Returns On Capital

We Think Vecima Networks (TSE:VCM) Can Stay On Top Of Its Debt

Jun 20
We Think Vecima Networks (TSE:VCM) Can Stay On Top Of Its Debt

At CA$14.60, Is It Time To Put Vecima Networks Inc. (TSE:VCM) On Your Watch List?

May 25
At CA$14.60, Is It Time To Put Vecima Networks Inc. (TSE:VCM) On Your Watch List?

CEO Compensation Analysis

How has Sumit Kumar's remuneration changed compared to Vecima Networks's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$20m

Jun 30 2024CA$584kCA$369k

CA$19m

Mar 31 2024n/an/a

CA$16m

Dec 31 2023n/an/a

CA$15m

Sep 30 2023n/an/a

CA$19m

Jun 30 2023CA$2mCA$358k

CA$27m

Mar 31 2023n/an/a

CA$26m

Dec 31 2022n/an/a

CA$24m

Sep 30 2022n/an/a

CA$17m

Jun 30 2022CA$575kCA$323k

CA$9m

Mar 31 2022n/an/a

CA$7m

Dec 31 2021n/an/a

CA$4m

Sep 30 2021n/an/a

-CA$648k

Jun 30 2021CA$863kCA$309k

-CA$2m

Mar 31 2021n/an/a

-CA$4m

Dec 31 2020n/an/a

-CA$4m

Sep 30 2020n/an/a

CA$3m

Jun 30 2020CA$422kCA$283k

CA$3m

Mar 31 2020n/an/a

CA$417k

Dec 31 2019n/an/a

-CA$2m

Sep 30 2019n/an/a

-CA$4m

Jun 30 2019CA$331kCA$283k

-CA$3m

Mar 31 2019n/an/a

CA$282k

Dec 31 2018n/an/a

CA$2m

Sep 30 2018n/an/a

CA$2m

Jun 30 2018CA$318kCA$275k

CA$4m

Compensation vs Market: Sumit's total compensation ($USD406.72K) is below average for companies of similar size in the Canadian market ($USD726.09K).

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


CEO

Sumit Kumar

13.9yrs

Tenure

CA$584,478

Compensation

Mr. Sumit Kumar has been the Chief Executive Officer and President at Vecima Networks Inc. since August 1, 2013 and 2011 respectively. Mr. Kumar work closely with the senior management team and the Board o...


Leadership Team

NamePositionTenureCompensationOwnership
Surinder Kumar
Founder & Chairman of the Board36.4yrsCA$88.94k0.41%
CA$ 1.5m
Sumit Kumar
CEO, President & Non Independent Director13.9yrsCA$584.48k0.70%
CA$ 2.6m
Clay McCreery
Chief Operating Officer4.4yrsCA$924.80k0.26%
CA$ 981.6k
German Iaryczower
Senior Vice President of Global Sales & Marketing1.4yrsCA$1.01mno data
Ryan Nicometo
Senior VP and GM of the Video & Broadband Solutions Business Unit4.4yrsCA$1.01m0.096%
CA$ 358.8k
Judson Schmid
Chief Financial Officerless than a yearno datano data
Colin Howlett
Chief Technology Officer4.4yrsno data0.096%
CA$ 358.1k
Bjorn Roos
Corporate Counselno datano datano data
Anne-Marie DeSouza
Head of Corporate Communicationsno datano datano data
Gerry Vreeswijk
Vice President of Human Resourcesno datano datano data
Richard Blenkinsop
Senior Vice President of Business Developmentno dataCA$230.75kno data
Mark Briggs
Senior VP of Cable Sales & GM of Spectrum Signal Processingno dataCA$229.82kno data

4.4yrs

Average Tenure

Experienced Management: VCM's management team is considered experienced (4.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Surinder Kumar
Founder & Chairman of the Board36.4yrsCA$88.94k0.41%
CA$ 1.5m
Sumit Kumar
CEO, President & Non Independent Director8yrsCA$584.48k0.70%
CA$ 2.6m
David Rowat
Independent Directorno datano datano data
Scott Edmonds
Lead Independent Director2.5yrsCA$94.51k0.0062%
CA$ 23.0k
James Blackley
Independent Director4yrsCA$63.32kno data
Samuel Chernak
Independent Directorless than a yearCA$55.57kno data

3.3yrs

Average Tenure

Experienced Board: VCM's board of directors are considered experienced (3.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:49
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

Analysis Model and Snowflake

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

Industry and Sector Metrics

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Analyst Sources

Vecima Networks Inc. is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Ku KangB. Riley Securities, Inc.
Todd CouplandCIBC Capital Markets