Vecima Networks Management
Management criteria checks 3/4
Vecima Networks' CEO is Sumit Kumar, appointed in Jan 2011, has a tenure of 13.25 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$3.77M. The average tenure of the management team and the board of directors is 3.8 years and 3.3 years respectively.
Key information
Sumit Kumar
Chief executive officer
CA$1.7m
Total compensation
| CEO salary percentage | 20.5% |
| CEO tenure | 13.3yrs |
| CEO ownership | 0.7% |
| Management average tenure | 3.8yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Why Investors Shouldn't Be Surprised By Vecima Networks Inc.'s (TSE:VCM) 31% Share Price Surge
Mar 13
Vecima Networks (TSE:VCM) Shareholders Will Want The ROCE Trajectory To Continue
Mar 13Vecima Networks' (TSE:VCM) Soft Earnings Are Actually Better Than They Appear
Feb 21Vecima Networks (TSE:VCM) Will Pay A Dividend Of CA$0.055
Feb 17Does Vecima Networks (TSE:VCM) Have A Healthy Balance Sheet?
Feb 16Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055
Sep 24There's Been No Shortage Of Growth Recently For Vecima Networks' (TSE:VCM) Returns On Capital
May 12We Think Vecima Networks (TSE:VCM) Can Stay On Top Of Its Debt
Jun 20At CA$14.60, Is It Time To Put Vecima Networks Inc. (TSE:VCM) On Your Watch List?
May 25We Believe Vecima Networks' (TSE:VCM) Earnings Are A Poor Guide For Its Profitability
Feb 17Vecima Networks (TSE:VCM) Has Affirmed Its Dividend Of CA$0.055
Nov 14Does Vecima Networks' (TSE:VCM) Share Price Gain of 71% Match Its Business Performance?
Mar 17Vecima Networks Inc.'s (TSE:VCM) Financial Prospects Don't Look Very Positive: Could It Mean A Stock Price Drop In The Future?
Jan 19
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CA$15m |
| Sep 30 2023 | n/a | n/a | CA$19m |
| Jun 30 2023 | CA$2m | CA$358k | CA$27m |
| Mar 31 2023 | n/a | n/a | CA$26m |
| Dec 31 2022 | n/a | n/a | CA$24m |
| Sep 30 2022 | n/a | n/a | CA$17m |
| Jun 30 2022 | CA$575k | CA$323k | CA$9m |
| Mar 31 2022 | n/a | n/a | CA$7m |
| Dec 31 2021 | n/a | n/a | CA$4m |
| Sep 30 2021 | n/a | n/a | -CA$648k |
| Jun 30 2021 | CA$863k | CA$309k | -CA$2m |
| Mar 31 2021 | n/a | n/a | -CA$4m |
| Dec 31 2020 | n/a | n/a | -CA$4m |
| Sep 30 2020 | n/a | n/a | CA$3m |
| Jun 30 2020 | CA$422k | CA$283k | CA$3m |
| Mar 31 2020 | n/a | n/a | CA$417k |
| Dec 31 2019 | n/a | n/a | -CA$2m |
| Sep 30 2019 | n/a | n/a | -CA$4m |
| Jun 30 2019 | CA$331k | CA$283k | -CA$3m |
| Mar 31 2019 | n/a | n/a | CA$282k |
| Dec 31 2018 | n/a | n/a | CA$2m |
| Sep 30 2018 | n/a | n/a | CA$2m |
| Jun 30 2018 | CA$318k | CA$275k | CA$4m |
| Mar 31 2018 | n/a | n/a | CA$3m |
| Dec 31 2017 | n/a | n/a | CA$3m |
| Sep 30 2017 | n/a | n/a | CA$5m |
| Jun 30 2017 | CA$327k | CA$275k | CA$8m |
Compensation vs Market: Sumit's total compensation ($USD1.26M) is about average for companies of similar size in the Canadian market ($USD1.32M).
Compensation vs Earnings: Sumit's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Sumit Kumar
13.3yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman of the Board | 35.8yrs | CA$64.98k | 0.41% CA$ 2.2m | |
| CEO, President & Non Independent Director | 13.3yrs | CA$1.75m | 0.70% CA$ 3.8m | |
| Chief Financial Officer | 4.5yrs | CA$422.37k | 0.096% CA$ 517.3k | |
| Chief Operating Officer | 3.8yrs | CA$2.71m | 0.27% CA$ 1.5m | |
| Executive Vice-President | no data | CA$770.67k | 0.17% CA$ 938.0k | |
| Senior VP and GM of the Video & Broadband Solutions Business Unit | 3.8yrs | CA$755.53k | 0.096% CA$ 519.6k | |
| Chief Technology Officer | 3.8yrs | no data | 0.096% CA$ 518.6k | |
| General Counsel & Corporate Secretary | 2yrs | no data | 0.018% CA$ 95.6k | |
| Head of Corporate Communications | no data | no data | no data | |
| Senior Vice President of Global Sales & Marketing | less than a year | no data | no data | |
| Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Business Development | no data | CA$230.75k | no data |
3.8yrs
Average Tenure
Experienced Management: VCM's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Chairman of the Board | 35.8yrs | CA$64.98k | 0.41% CA$ 2.2m | |
| CEO, President & Non Independent Director | 7.3yrs | CA$1.75m | 0.70% CA$ 3.8m | |
| Independent Director | 7.3yrs | CA$45.81k | 0.0010% CA$ 5.6k | |
| Lead Independent Director | 1.8yrs | CA$55.83k | 0.0062% CA$ 33.3k | |
| Independent Director | 1.3yrs | CA$40.39k | no data | |
| Independent Director | 3.3yrs | CA$40.39k | no data | |
| Independent Director | less than a year | no data | no data |
3.3yrs
Average Tenure
62yo
Average Age
Experienced Board: VCM's board of directors are considered experienced (3.3 years average tenure).