Polaris Renewable Energy Inc.

TSX:PIF Stock Report

Market Cap: CA$254.8m

Polaris Renewable Energy Management

Management criteria checks 4/4

Polaris Renewable Energy's CEO is Marc Murnaghan, appointed in May 2015, has a tenure of 9.5 years. total yearly compensation is $525.90K, comprised of 75.5% salary and 24.5% bonuses, including company stock and options. directly owns 2.34% of the company’s shares, worth CA$5.98M. The average tenure of the management team and the board of directors is 4.9 years and 7.5 years respectively.

Key information

Marc Murnaghan

Chief executive officer

US$525.9k

Total compensation

CEO salary percentage75.5%
CEO tenure9.5yrs
CEO ownership2.3%
Management average tenure4.9yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

Is Polaris Renewable Energy Inc. (TSE:PIF) Trading At A 23% Discount?

May 30
Is Polaris Renewable Energy Inc. (TSE:PIF) Trading At A 23% Discount?

At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?

Sep 28
At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?

Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet

May 10
Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet

Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden

Jul 20
Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden

Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business

Apr 22
Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now

Jun 20
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now

Is Polaris Infrastructure (TSE:PIF) A Risky Investment?

May 27
Is Polaris Infrastructure (TSE:PIF) A Risky Investment?

Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?

Mar 29
Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?

Shareholders Of Polaris Infrastructure (TSE:PIF) Must Be Happy With Their 292% Total Return

Mar 03
Shareholders Of Polaris Infrastructure (TSE:PIF) Must Be Happy With Their 292% Total Return

Here's Why I Think Polaris Infrastructure (TSE:PIF) Might Deserve Your Attention Today

Feb 10
Here's Why I Think Polaris Infrastructure (TSE:PIF) Might Deserve Your Attention Today

Polaris Infrastructure Inc.'s (TSE:PIF) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Jan 22
Polaris Infrastructure Inc.'s (TSE:PIF) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Should You Rely On Polaris Infrastructure's (TSE:PIF) Earnings Growth?

Jan 07
Should You Rely On Polaris Infrastructure's (TSE:PIF) Earnings Growth?

These 4 Measures Indicate That Polaris Infrastructure (TSE:PIF) Is Using Debt Extensively

Dec 21
These 4 Measures Indicate That Polaris Infrastructure (TSE:PIF) Is Using Debt Extensively

Our View On Polaris Infrastructure's (TSE:PIF) CEO Pay

Dec 08
Our View On Polaris Infrastructure's (TSE:PIF) CEO Pay

Can Polaris Infrastructure (TSE:PIF) Continue To Grow Its Returns On Capital?

Nov 23
Can Polaris Infrastructure (TSE:PIF) Continue To Grow Its Returns On Capital?

How Does Polaris Infrastructure's (TSE:PIF) CEO Pay Compare With Company Performance?

Jul 31
How Does Polaris Infrastructure's (TSE:PIF) CEO Pay Compare With Company Performance?

Should You Think About Buying Polaris Infrastructure Inc. (TSE:PIF) Now?

Jul 10
Should You Think About Buying Polaris Infrastructure Inc. (TSE:PIF) Now?

CEO Compensation Analysis

How has Marc Murnaghan's remuneration changed compared to Polaris Renewable Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$7m

Jun 30 2024n/an/a

US$8m

Mar 31 2024n/an/a

US$11m

Dec 31 2023US$526kUS$397k

US$12m

Sep 30 2023n/an/a

US$13m

Jun 30 2023n/an/a

US$11m

Mar 31 2023n/an/a

US$5m

Dec 31 2022US$656kUS$404k

US$2m

Sep 30 2022n/an/a

-US$1m

Jun 30 2022n/an/a

US$2m

Mar 31 2022n/an/a

US$4m

Dec 31 2021US$563kUS$394k

US$501k

Sep 30 2021n/an/a

US$26m

Jun 30 2021n/an/a

US$25m

Mar 31 2021n/an/a

US$24m

Dec 31 2020US$480kUS$314k

US$29m

Sep 30 2020n/an/a

US$20m

Jun 30 2020n/an/a

US$21m

Mar 31 2020n/an/a

US$15m

Dec 31 2019US$445kUS$273k

US$14m

Sep 30 2019n/an/a

US$8m

Jun 30 2019n/an/a

US$9m

Mar 31 2019n/an/a

US$20m

Dec 31 2018US$364kUS$166k

US$17m

Sep 30 2018n/an/a

US$9m

Jun 30 2018n/an/a

US$6m

Mar 31 2018n/an/a

US$3m

Dec 31 2017US$748kUS$196k

US$2m

Compensation vs Market: Marc's total compensation ($USD525.90K) is about average for companies of similar size in the Canadian market ($USD729.13K).

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


CEO

Marc Murnaghan (52 yo)

9.5yrs

Tenure

US$525,903

Compensation

Mr. Marc Murnaghan has been the Chief Executive Officer of Polaris Renewable Energy Inc. (formerly known as Polaris Infrastructure Inc.) since May 13, 2015. Mr. Murnaghan was a Partner of Harrington Global...


Leadership Team

NamePositionTenureCompensationOwnership
Marc Murnaghan
CEO & Director9.5yrsUS$525.90k2.34%
CA$ 6.0m
Anthony Jelic
Chief Financial Officer5.9yrsUS$283.85k0.026%
CA$ 65.9k
Alexis Osorno
Senior Vice President of Latin Americano dataUS$214.09kno data
Alba Seisdedos
Vice President of Taxation & Legal Affairsless than a yearno datano data
Guzman Fernandez
Vice President of Corporate Development5.7yrsno datano data
Michael Kosianic
Executive Vice President of Project Finance4.2yrsno datano data
Denise Parada
Vice President of Sustainability & Transformationless than a yearno datano data

4.9yrs

Average Tenure

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


Board Members

NamePositionTenureCompensationOwnership
Marc Murnaghan
CEO & Director9.5yrsUS$525.90k2.34%
CA$ 6.0m
Jaime Guillen
Independent Chairman of the Board9.5yrsUS$70.00k0.049%
CA$ 126.1k
James Lawless
Independent Director13.7yrsUS$45.00k0.023%
CA$ 58.5k
Marcela de Vasquez
Independent Director5.4yrsUS$47.50kno data
Adarsh Mehta
Independent Director1.4yrsUS$22.50k0.57%
CA$ 1.4m
Catherine Fagnan
Independent Director1.4yrsUS$22.50kno data

7.5yrs

Average Tenure

56.5yo

Average Age

Experienced Board: PIF's board of directors are considered experienced (7.5 years average tenure).