Cargojet Inc.

TSX:CJT Stock Report

Mkt Cap: CA$2.2b

Cargojet Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure

CEO

Ajay Virmani (65 yo)

18.08yrs

Tenure

CA$3,148,910

Compensation

Dr. Ajay Kumar Virmani is Independent Director of The Toronto-Dominion Bank from August 2022. He is Independent Director at University Health Network. Dr. Virmani is a Founder, President, Director and Chie...

CEO Compensation Analysis

How has Ajay Virmani's remuneration changed compared to Cargojet's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

CA$290m

Jun 30 2022n/an/a

CA$194m

Mar 31 2022n/an/a

CA$22m

Dec 31 2021CA$3mCA$975k

CA$167m

Sep 30 2021n/an/a

CA$45m

Jun 30 2021n/an/a

CA$37m

Mar 31 2021n/an/a

CA$3m

Dec 31 2020CA$12mCA$975k

-CA$88m

Sep 30 2020n/an/a

-CA$72m

Jun 30 2020n/an/a

-CA$40m

Mar 31 2020n/an/a

CA$10m

Dec 31 2019CA$10mCA$975k

CA$12m

Sep 30 2019n/an/a

CA$22m

Jun 30 2019n/an/a

CA$15m

Mar 31 2019n/an/a

CA$16m

Dec 31 2018CA$8mCA$975k

CA$20m

Sep 30 2018n/an/a

CA$25m

Jun 30 2018n/an/a

CA$26m

Mar 31 2018n/an/a

CA$26m

Dec 31 2017CA$6mCA$975k

CA$24m

Sep 30 2017n/an/a

CA$12m

Jun 30 2017n/an/a

CA$1m

Mar 31 2017n/an/a

CA$600k

Dec 31 2016CA$12mCA$911k

CA$2m

Compensation vs Market: Ajay's total compensation ($USD2.34M) is about average for companies of similar size in the Canadian market ($USD2.24M).

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

Leadership Team

NamePositionTenureCompensationOwnership
Ajay Virmani
Founder18.08yrsCA$3.15m2.39%
CA$ 52.8m
Jamie Porteous
Chief Strategy Officer8.08yrsCA$1.51m0.081%
CA$ 1.8m
Paul Rinaldo
Senior Vice President of Engineering & Maintenance8.08yrsCA$585.50k0.016%
CA$ 356.1k
Pauline Dhillon
Chief Corporate Officerno dataCA$1.63m0.062%
CA$ 1.4m
John Kim
Consultant1.75yrsCA$954.25kno data
Sanjeev Maini
Vice President of Financeno dataCA$473.30kno data
Scott Calver
Chief Financial Officer0.75yrno data0.021%
CA$ 470.8k
Anju Virmani
Chief Information Officerno datano datano data
Fernando Garcia
Vice President of Legal & Corporate Governanceno datano datano data
George Sugar
Senior Vice President of Regulatory Compliance17.08yrsCA$744.06kno data
Gord Johnston
Senior Vice President of Strategic Partnerships Sales1.08yrsno datano data
Vito Cerone
Senior Vice President of Sales & Customer Experience1.42yrsno datano data

4.9yrs

Average Tenure

Experienced Management: CJT's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ajay Virmani
Founder18.08yrsCA$3.15m2.39%
CA$ 52.8m
Paul Godfrey
Interim Independent Chair of Board & Lead Director13.92yrsCA$280.00k0.15%
CA$ 3.2m
Arlene Dickinson
Independent Director4.83yrsCA$190.00k0.060%
CA$ 1.3m
John Webster
Independent Director18.08yrsCA$190.00k0.035%
CA$ 769.0k
Alan Gershenhorn
Director1.92yrsCA$238.24kno data

13.9yrs

Average Tenure

65yo

Average Age

Experienced Board: CJT's board of directors are seasoned and experienced ( 13.9 years average tenure).