Telesat Management
Management criteria checks 3/4
Telesat's CEO is Dan Goldberg, appointed in Sep 2006, has a tenure of 19.67 years. total yearly compensation is CA$9.94M, comprised of 11.5% salary and 88.5% bonuses, including company stock and options. directly owns 6.76% of the company’s shares, worth CA$302.14M. The average tenure of the management team and the board of directors is 4.6 years and 4.5 years respectively.
Key information
Dan Goldberg
Chief executive officer
CA$9.9m
Total compensation
| CEO salary percentage | 11.46% |
| CEO tenure | 19.7yrs |
| CEO ownership | 6.8% |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.5yrs |
Recent management updates
Recent updates
Is Telesat (TSE:TSAT) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Telesat's (TSE:TSAT) Returns On Capital Tell Us There Is Reason To Feel Uneasy
When researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...
Reliance On Lightspeed Amid Starlink Competition Will Pose Revenue Risks
Telesat's shift from GEO to LEO satellites risks short-term profitability due to high capital expenses and staffing needs, affecting margins and earnings.Is Now An Opportune Moment To Examine Telesat Corporation (TSE:TSAT)?
Telesat Corporation ( TSE:TSAT ), might not be a large cap stock, but it led the TSX gainers with a relatively large...Telesat Corporation (TSE:TSAT) Shares Fly 26% But Investors Aren't Buying For Growth
Despite an already strong run, Telesat Corporation ( TSE:TSAT ) shares have been powering on, with a gain of 26% in the...Telesat's (TSE:TSAT) Weak Earnings May Only Reveal A Part Of The Whole Picture
The subdued market reaction suggests that Telesat Corporation's ( TSE:TSAT ) recent earnings didn't contain any...Is Telesat (TSE:TSAT) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Market Might Still Lack Some Conviction On Telesat Corporation (TSE:TSAT) Even After 37% Share Price Boost
Despite an already strong run, Telesat Corporation ( TSE:TSAT ) shares have been powering on, with a gain of 37% in the...Returns On Capital At Telesat (TSE:TSAT) Paint A Concerning Picture
When researching a stock for investment, what can tell us that the company is in decline? When we see a declining...Investors Still Aren't Entirely Convinced By Telesat Corporation's (TSE:TSAT) Earnings Despite 25% Price Jump
Telesat Corporation ( TSE:TSAT ) shareholders would be excited to see that the share price has had a great month...Telesat (TSE:TSAT) Takes On Some Risk With Its Use Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Telesat Corporation's (TSE:TSAT) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Telesat Corporation ( TSE:TSAT ) shares have had a really impressive month, gaining 30% after a shaky period...We Think You Should Be Aware Of Some Concerning Factors In Telesat's (TSE:TSAT) Earnings
The stock price didn't jump after Telesat Corporation ( TSE:TSAT ) posted decent earnings last week. We did some...Telesat Corporation (TSE:TSAT) Looks Inexpensive But Perhaps Not Attractive Enough
When close to half the companies operating in the Telecom industry in Canada have price-to-sales ratios (or "P/S...The Returns At Telesat (TSE:TSAT) Aren't Growing
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...These Return Metrics Don't Make Telesat (TSE:TSAT) Look Too Strong
When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -CA$185m |
| Dec 31 2025 | CA$10m | CA$1m | -CA$155m |
| Sep 30 2025 | n/a | n/a | -CA$156m |
| Jun 30 2025 | n/a | n/a | -CA$103m |
| Mar 31 2025 | n/a | n/a | -CA$88m |
| Dec 31 2024 | CA$11m | CA$1m | -CA$88m |
| Sep 30 2024 | n/a | n/a | CA$49m |
| Jun 30 2024 | n/a | n/a | CA$30m |
| Mar 31 2024 | n/a | n/a | CA$134m |
| Dec 31 2023 | CA$11m | CA$1m | CA$157m |
| Sep 30 2023 | n/a | n/a | CA$169m |
| Jun 30 2023 | n/a | n/a | CA$112m |
| Mar 31 2023 | n/a | n/a | -CA$30m |
| Dec 31 2022 | CA$9m | CA$1m | -CA$24m |
| Sep 30 2022 | n/a | n/a | -CA$3m |
| Jun 30 2022 | n/a | n/a | CA$3m |
| Mar 31 2022 | n/a | n/a | CA$58m |
| Dec 31 2021 | CA$64m | CA$1m | CA$93m |
| Sep 30 2021 | n/a | n/a | CA$297m |
| Jun 30 2021 | n/a | n/a | CA$456m |
| Mar 31 2021 | n/a | n/a | CA$565m |
| Dec 31 2020 | CA$4m | CA$1m | CA$245m |
| Sep 30 2020 | n/a | n/a | -CA$7m |
| Jun 30 2020 | n/a | n/a | -CA$237m |
| Mar 31 2020 | n/a | n/a | -CA$263m |
| Dec 31 2019 | CA$6m | CA$1m | CA$187m |
Compensation vs Market: Dan's total compensation ($USD7.28M) is above average for companies of similar size in the Canadian market ($USD3.11M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
CEO
Dan Goldberg (59 yo)
Mr. Daniel S. Goldberg, J.D., also known as Dan, serves as Independent Director for Algonquin Power & Utilities Corp. since March 28, 2022. He serves as President and Chief Executive Officer at Loral Space...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 19.7yrs | CA$9.94m | 6.76% CA$ 302.1m | |
| Chief Financial Officer | less than a year | CA$887.81k | 0.023% CA$ 1.0m | |
| VP, General Counsel & Secretary | 17.3yrs | CA$1.69m | 1.02% CA$ 45.6m | |
| Senior Vice President of Corporate & Business Development | no data | CA$2.79m | 0.46% CA$ 20.5m | |
| Chief Commercial Officer | 4.6yrs | CA$2.94m | 1.01% CA$ 45.0m | |
| Chief Technology Officer | 1.3yrs | no data | 0.12% CA$ 5.4m | |
| Chief Network & Information Officer | 1.3yrs | no data | 0.060% CA$ 2.7m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Business Planning & Marketing | 13.3yrs | no data | 0.62% CA$ 27.6m | |
| Vice President of Human Resources | 1yr | no data | 0.014% CA$ 614.1k | |
| Senior Vice President of Canadian Sales | 5.3yrs | no data | 0.76% CA$ 33.9m | |
| Director of Treasury & Risk Management | no data | no data | 0.021% CA$ 949.6k |
Experienced Management: TSAT's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | CA$9.94m | 6.76% CA$ 302.1m | |
| Independent Director | 4.5yrs | CA$207.59k | no data | |
| Independent Director | 4.5yrs | CA$225.09k | 0% CA$ 0 | |
| Independent Director | 2.8yrs | CA$200.06k | 0.091% CA$ 4.1m | |
| Independent Chairman | 4.5yrs | CA$215.07k | 0.30% CA$ 13.5m | |
| Independent Director | 4.5yrs | CA$200.06k | 0.65% CA$ 29.2m | |
| Independent Director | 5.6yrs | CA$225.09k | no data | |
| Independent Director | 4.5yrs | CA$232.59k | no data | |
| Independent Director | 4.5yrs | CA$207.59k | no data | |
| Independent Director | 3.3yrs | no data | no data |
Experienced Board: TSAT's board of directors are considered experienced (4.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 17:17 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Telesat Corporation is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David McFadgen | ATB Cormark |
| David McFadgen | ATB Cormark Historical (Cormark Securities) |
| Xin Yu | Deutsche Bank |