Exchange Income Management
Management criteria checks 3/4
Exchange Income's CEO is Mike Pyle, appointed in Aug 2006, has a tenure of 18.25 years. total yearly compensation is CA$3.81M, comprised of 22.7% salary and 77.3% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth CA$1.14M. The average tenure of the management team and the board of directors is 8.5 years and 15.3 years respectively.
Key information
Mike Pyle
Chief executive officer
CA$3.8m
Total compensation
| CEO salary percentage | 22.7% |
| CEO tenure | 18.3yrs |
| CEO ownership | 0.04% |
| Management average tenure | 8.5yrs |
| Board average tenure | 15.3yrs |
Recent management updates
Recent updates
Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.22
Nov 19
Earnings Beat: Exchange Income Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Nov 09Slowing Rates Of Return At Exchange Income (TSE:EIF) Leave Little Room For Excitement
Jun 15We Think Exchange Income (TSE:EIF) Is Taking Some Risk With Its Debt
May 22Is Exchange Income Corporation (TSE:EIF) Trading At A 34% Discount?
Apr 13Returns At Exchange Income (TSE:EIF) Appear To Be Weighed Down
Feb 24What Is Exchange Income Corporation's (TSE:EIF) Share Price Doing?
Jan 09Are Investors Undervaluing Exchange Income Corporation (TSE:EIF) By 27%?
Dec 08Is Exchange Income (TSE:EIF) A Risky Investment?
Nov 08Exchange Income (TSE:EIF) Will Pay A Dividend Of CA$0.21
Oct 20Returns On Capital At Exchange Income (TSE:EIF) Have Stalled
Oct 11Exchange Income (TSE:EIF) Is Paying Out A Dividend Of CA$0.21
Sep 21Here's Why We Think Exchange Income (TSE:EIF) Might Deserve Your Attention Today
Sep 11Exchange Income (TSE:EIF) Is Due To Pay A Dividend Of CA$0.21
Aug 20With EPS Growth And More, Exchange Income (TSE:EIF) Makes An Interesting Case
Jun 10Exchange Income (TSE:EIF) Has Affirmed Its Dividend Of CA$0.21
May 21Return Trends At Exchange Income (TSE:EIF) Aren't Appealing
May 11Is Exchange Income Corporation (TSE:EIF) Trading At A 33% Discount?
Apr 02Is Exchange Income (TSE:EIF) Using Too Much Debt?
Mar 14Return Trends At Exchange Income (TSE:EIF) Aren't Appealing
Jan 25CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$122m |
| Jun 30 2024 | n/a | n/a | CA$116m |
| Mar 31 2024 | n/a | n/a | CA$120m |
| Dec 31 2023 | CA$4m | CA$866k | CA$122m |
| Sep 30 2023 | n/a | n/a | CA$120m |
| Jun 30 2023 | n/a | n/a | CA$120m |
| Mar 31 2023 | n/a | n/a | CA$113m |
| Dec 31 2022 | CA$4m | CA$830k | CA$110m |
| Sep 30 2022 | n/a | n/a | CA$106m |
| Jun 30 2022 | n/a | n/a | CA$79m |
| Mar 31 2022 | n/a | n/a | CA$65m |
| Dec 31 2021 | CA$3m | CA$780k | CA$69m |
| Sep 30 2021 | n/a | n/a | CA$59m |
| Jun 30 2021 | n/a | n/a | CA$54m |
| Mar 31 2021 | n/a | n/a | CA$40m |
| Dec 31 2020 | CA$2m | CA$623k | CA$28m |
| Sep 30 2020 | n/a | n/a | CA$40m |
| Jun 30 2020 | n/a | n/a | CA$52m |
| Mar 31 2020 | n/a | n/a | CA$71m |
| Dec 31 2019 | CA$2m | CA$714k | CA$84m |
| Sep 30 2019 | n/a | n/a | CA$77m |
| Jun 30 2019 | n/a | n/a | CA$72m |
| Mar 31 2019 | n/a | n/a | CA$70m |
| Dec 31 2018 | CA$2m | CA$727k | CA$71m |
| Sep 30 2018 | n/a | n/a | CA$69m |
| Jun 30 2018 | n/a | n/a | CA$69m |
| Mar 31 2018 | n/a | n/a | CA$75m |
| Dec 31 2017 | CA$2m | CA$669k | CA$72m |
Compensation vs Market: Mike's total compensation ($USD2.73M) is above average for companies of similar size in the Canadian market ($USD1.99M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Pyle (60 yo)
18.3yrs
Tenure
CA$3,809,809
Compensation
Mr. Michael C. Pyle, also known as Mike, MBA, ICD D., has been the Chief Executive Officer at Exchange Income Corporation since August 01, 2006. He had been an Independent Director of Next Hydrogen Solutio...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 18.3yrs | CA$3.81m | 0.043% CA$ 1.1m | |
| Executive Vice Chairman | 15.3yrs | CA$268.40k | 0.33% CA$ 8.7m | |
| President | 10.3yrs | CA$2.87m | 0.011% CA$ 285.7k | |
| Chief Financial Officer | 2.4yrs | CA$848.38k | 0.015% CA$ 395.0k | |
| President of Regional One | no data | CA$1.35m | no data | |
| CEO of Northern Mat & Bridge LP | no data | CA$1.69m | no data | |
| Chief Operating Officer | 9.5yrs | CA$447.22k | 0.0064% CA$ 172.3k | |
| Chief Technology Officer | 2.8yrs | no data | no data | |
| Chief Administrative Officer | 1.6yrs | no data | 0.011% CA$ 285.4k | |
| Vice President of Investor Development | no data | no data | no data | |
| Manager of Compliance & Corporate Secretary | 19.3yrs | no data | 0.0018% CA$ 48.8k | |
| Chief Legal Officer | 7.6yrs | no data | 0.0025% CA$ 66.2k |
8.5yrs
Average Tenure
60yo
Average Age
Experienced Management: EIF's management team is seasoned and experienced (8.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 15.3yrs | CA$3.81m | 0.043% CA$ 1.1m | |
| Executive Vice Chairman | 15.3yrs | CA$268.40k | 0.33% CA$ 8.7m | |
| Independent Director | 15.3yrs | CA$185.00k | 0.32% CA$ 8.7m | |
| Independent Chairman | 15.3yrs | CA$275.00k | 0.29% CA$ 7.9m | |
| Independent Director | 6.5yrs | CA$190.00k | no data | |
| Independent Director | 15.3yrs | CA$190.00k | 0.96% CA$ 25.8m | |
| Independent Director | 15.3yrs | CA$185.00k | no data | |
| Independent Director | 1.5yrs | CA$116.67k | 0.0042% CA$ 112.5k | |
| Independent Director | 6.5yrs | CA$175.00k | 0.0087% CA$ 234.2k | |
| Independent Director | 2.5yrs | CA$195.00k | 0.025% CA$ 674.7k |
15.3yrs
Average Tenure
66.5yo
Average Age
Experienced Board: EIF's board of directors are seasoned and experienced ( 15.3 years average tenure).