Vecima Networks Inc.

TSX:VCM Stock Report

Market Cap: CA$401.2m

Vecima Networks Management

Management criteria checks 2/4

Vecima Networks' CEO is Sumit Kumar, appointed in Jan 2011, has a tenure of 13.83 years. total yearly compensation is CA$1.75M, comprised of 20.5% salary and 79.5% bonuses, including company stock and options. directly owns 0.7% of the company’s shares, worth CA$2.80M. The average tenure of the management team and the board of directors is 4.3 years and 3.9 years respectively.

Key information

Sumit Kumar

Chief executive officer

CA$1.7m

Total compensation

CEO salary percentage20.5%
CEO tenure13.8yrs
CEO ownership0.7%
Management average tenure4.3yrs
Board average tenure3.9yrs

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?

We Believe Vecima Networks' (TSE:VCM) Earnings Are A Poor Guide For Its Profitability

Feb 17
We Believe Vecima Networks' (TSE:VCM) Earnings Are A Poor Guide For Its Profitability

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 2024n/an/a

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 ($USD1.25M) is above average for companies of similar size in the Canadian market ($USD726.09K).

Compensation vs Earnings: Sumit's compensation has increased by more than 20% in the past year.

CEO

Sumit Kumar

13.8yrs

Tenure

CA$1,746,428

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 Board36.3yrsCA$64.98k0.41%
CA$ 1.6m
Sumit Kumar
CEO, President & Non Independent Director13.8yrsCA$1.75m0.70%
CA$ 2.8m
Clay McCreery
Chief Operating Officer4.3yrsCA$2.71m0.27%
CA$ 1.1m
Richard Rockwell
Executive Vice-Presidentno dataCA$770.67k0.16%
CA$ 644.3k
Ryan Nicometo
Senior VP and GM of the Video & Broadband Solutions Business Unit4.3yrsCA$755.53k0.096%
CA$ 386.2k
Judson Schmid
Chief Financial Officerless than a yearno datano data
Colin Howlett
Chief Technology Officer4.3yrsno data0.096%
CA$ 385.4k
Heather Asher
General Counsel & Corporate Secretary2.6yrsno data0%
CA$ 0
Anne-Marie DeSouza
Head of Corporate Communicationsno datano datano data
German Iaryczower
Senior Vice President of Global Sales & Marketing1.3yrsno datano data
Gerry Vreeswijk
Vice President of Human Resourcesno datano datano data
Richard Blenkinsop
Senior Vice President of Business Developmentno dataCA$230.75kno data

4.3yrs

Average Tenure

Experienced Management: VCM's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Surinder Kumar
Founder & Chairman of the Board36.3yrsCA$64.98k0.41%
CA$ 1.6m
Sumit Kumar
CEO, President & Non Independent Director7.9yrsCA$1.75m0.70%
CA$ 2.8m
Danial Faizullabhoy
Independent Director7.9yrsCA$45.81k0.0010%
CA$ 4.1k
Scott Edmonds
Lead Independent Director2.4yrsCA$55.83k0.0062%
CA$ 24.8k
Richard Brace
Independent Director1.9yrsCA$40.39kno data
James Blackley
Independent Director3.9yrsCA$40.39kno data
Samuel Chernak
Independent Directorless than a yearno datano data

3.9yrs

Average Tenure

63yo

Average Age

Experienced Board: VCM's board of directors are considered experienced (3.9 years average tenure).