Air Canada Management
Management criteria checks 3/4
Air Canada's CEO is Mike Rousseau, appointed in Feb 2021, has a tenure of 3.75 years. total yearly compensation is CA$12.08M, comprised of 10.8% salary and 89.2% bonuses, including company stock and options. directly owns 0.045% of the company’s shares, worth CA$3.75M. The average tenure of the management team and the board of directors is 3.5 years and 9.8 years respectively.
Key information
Mike Rousseau
Chief executive officer
CA$12.1m
Total compensation
| CEO salary percentage | 10.8% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3.5yrs |
| Board average tenure | 9.8yrs |
Recent management updates
Recent updates
Air Canada (TSE:AC) Held Back By Insufficient Growth Even After Shares Climb 32%
Nov 02
Air Canada (TSE:AC) Is Experiencing Growth In Returns On Capital
Oct 22Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?
Sep 04Pinning Down Air Canada's (TSE:AC) P/S Is Difficult Right Now
Aug 07The Return Trends At Air Canada (TSE:AC) Look Promising
Jul 11Does Air Canada (TSE:AC) Have A Healthy Balance Sheet?
May 14Air Canada's (TSE:AC) Popularity With Investors Is Under Threat From Overpricing
Apr 17Air Canada (TSE:AC) Is Looking To Continue Growing Its Returns On Capital
Mar 21Air Canada's (TSE:AC) Price In Tune With Revenues
Jan 03Is Air Canada (TSE:AC) A Risky Investment?
Dec 07Air Canada (TSE:AC) Has More To Do To Multiply In Value Going Forward
Nov 08Estimating The Intrinsic Value Of Air Canada (TSE:AC)
Dec 21Health Check: How Prudently Does Air Canada (TSE:AC) Use Debt?
Mar 25Air Canada (TSE:AC) Shares Could Be 22% Below Their Intrinsic Value Estimate
Apr 30CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$3b |
| Jun 30 2024 | n/a | n/a | CA$2b |
| Mar 31 2024 | n/a | n/a | CA$2b |
| Dec 31 2023 | CA$12m | CA$1m | CA$2b |
| Sep 30 2023 | n/a | n/a | CA$2b |
| Jun 30 2023 | n/a | n/a | CA$502m |
| Mar 31 2023 | n/a | n/a | -CA$722m |
| Dec 31 2022 | CA$12m | CA$1m | -CA$2b |
| Sep 30 2022 | n/a | n/a | -CA$2b |
| Jun 30 2022 | n/a | n/a | -CA$2b |
| Mar 31 2022 | n/a | n/a | -CA$3b |
| Dec 31 2021 | CA$4m | CA$500k | -CA$4b |
| Sep 30 2021 | n/a | n/a | -CA$4b |
| Jun 30 2021 | n/a | n/a | -CA$4b |
| Mar 31 2021 | n/a | n/a | -CA$5b |
| Dec 31 2020 | CA$3m | CA$455k | -CA$5b |
| Sep 30 2020 | n/a | n/a | -CA$3b |
| Jun 30 2020 | n/a | n/a | -CA$2b |
| Mar 31 2020 | n/a | n/a | CA$82m |
| Dec 31 2019 | CA$4m | CA$700k | CA$1b |
| Sep 30 2019 | n/a | n/a | CA$964m |
| Jun 30 2019 | n/a | n/a | CA$1b |
| Mar 31 2019 | n/a | n/a | CA$585m |
| Dec 31 2018 | CA$4m | CA$650k | CA$37m |
| Sep 30 2018 | n/a | n/a | CA$405m |
| Jun 30 2018 | n/a | n/a | CA$1b |
| Mar 31 2018 | n/a | n/a | CA$2b |
| Dec 31 2017 | CA$3m | CA$580k | CA$2b |
Compensation vs Market: Mike's total compensation ($USD8.64M) is above average for companies of similar size in the Canadian market ($USD4.22M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Rousseau (66 yo)
3.8yrs
Tenure
CA$12,084,700
Compensation
Mr. Michael Stewart Rousseau, also known as Mike, has been Chief Executive Officer and President of Air Canada, a subsidiary of Ace Aviation Holdings Inc. since February 15, 2021 and its Director since Feb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.8yrs | CA$12.08m | 0.045% CA$ 3.8m | |
| Executive VP & CFO | 1.3yrs | CA$3.35m | 0.000080% CA$ 6.7k | |
| Executive VP & Chief Operations Officer | 5.8yrs | CA$3.82m | 0.0078% CA$ 655.2k | |
| Executive VP | 3.3yrs | CA$2.09m | no data | |
| Executive VP and Chief Human Resources & Public Affairs | 11.2yrs | CA$2.68m | 0.0047% CA$ 396.8k | |
| Chief Information Officer | 3.2yrs | no data | 0.00033% CA$ 27.7k | |
| Head of Investor Relations & Corporate Sustainability | no data | no data | no data | |
| Executive Vice President Marketing & Digital and President of Aeroplan | no data | no data | 0.0044% CA$ 369.9k | |
| Senior Vice President of Operations & Express Carriers | no data | no data | no data | |
| Executive VP of Revenue & Network Planning and President of Cargo | no data | no data | 0.00011% CA$ 9.2k | |
| President of Air Canada Pension Investments | no data | no data | no data | |
| Senior Vice President of Flight Operations & Maintenance | no data | no data | 0.0022% CA$ 184.6k |
3.5yrs
Average Tenure
56yo
Average Age
Experienced Management: AC's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 3.8yrs | CA$12.08m | 0.045% CA$ 3.8m | |
| Independent Director | 8.5yrs | CA$235.00k | 0.0028% CA$ 234.0k | |
| Independent Director | 10.1yrs | CA$225.00k | 0.0021% CA$ 174.5k | |
| Independent Director | 9.5yrs | CA$215.00k | 0.0018% CA$ 151.8k | |
| Independent Director | 12yrs | CA$230.00k | 0.017% CA$ 1.5m | |
| Independent Chairman of the Board | 18yrs | CA$415.00k | 0.0054% CA$ 451.3k | |
| Independent Director | 11.4yrs | CA$230.00k | 0.022% CA$ 1.8m | |
| Independent Director | 15.5yrs | CA$215.00k | 0.0087% CA$ 727.3k | |
| Independent Director | 7.2yrs | CA$225.00k | no data | |
| Independent Director | 15.7yrs | CA$215.00k | 0.025% CA$ 2.1m | |
| Independent Director | 4.4yrs | CA$220.00k | 0.0040% CA$ 339.7k | |
| Independent Director | 6.6yrs | CA$215.00k | 0.022% CA$ 1.8m |
9.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: AC's board of directors are considered experienced (9.8 years average tenure).