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 9.58 years. total yearly compensation is $525.90K, comprised of 75.5% salary and 24.5% bonuses, including company stock and options. directly owns 2.36% of the company’s shares, worth CA$6.47M. The average tenure of the management team and the board of directors is 5 years and 7.5 years respectively.
Key information
Marc Murnaghan
Chief executive officer
US$525.9k
Total compensation
| CEO salary percentage | 75.5% |
| CEO tenure | 9.6yrs |
| CEO ownership | 2.4% |
| Management average tenure | 5yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Polaris Renewable Energy's (TSE:PIF) Anemic Earnings Might Be Worse Than You Think
Nov 07
Is Polaris Renewable Energy Inc. (TSE:PIF) Trading At A 23% Discount?
May 30At CA$13.77, Is It Time To Put Polaris Renewable Energy Inc. (TSE:PIF) On Your Watch List?
Sep 28Polaris Renewable Energy (TSE:PIF) Has A Somewhat Strained Balance Sheet
May 10Here's Why Polaris Renewable Energy (TSE:PIF) Has A Meaningful Debt Burden
Jul 20Polaris Infrastructure's (TSE:PIF) Returns On Capital Not Reflecting Well On The Business
Apr 22We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Polaris Infrastructure Inc.'s (TSE:PIF) CEO For Now
Jun 20Is Polaris Infrastructure (TSE:PIF) A Risky Investment?
May 27Is There Now An Opportunity In Polaris Infrastructure Inc. (TSE:PIF)?
Mar 29Shareholders Of Polaris Infrastructure (TSE:PIF) Must Be Happy With Their 292% Total Return
Mar 03Here's Why I Think Polaris Infrastructure (TSE:PIF) Might Deserve Your Attention Today
Feb 10
Polaris Infrastructure Inc.'s (TSE:PIF) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Jan 22Should You Rely On Polaris Infrastructure's (TSE:PIF) Earnings Growth?
Jan 07These 4 Measures Indicate That Polaris Infrastructure (TSE:PIF) Is Using Debt Extensively
Dec 21Our View On Polaris Infrastructure's (TSE:PIF) CEO Pay
Dec 08Can Polaris Infrastructure (TSE:PIF) Continue To Grow Its Returns On Capital?
Nov 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$7m |
| Jun 30 2024 | n/a | n/a | US$8m |
| Mar 31 2024 | n/a | n/a | US$11m |
| Dec 31 2023 | US$526k | US$397k | US$12m |
| Sep 30 2023 | n/a | n/a | US$13m |
| Jun 30 2023 | n/a | n/a | US$11m |
| Mar 31 2023 | n/a | n/a | US$5m |
| Dec 31 2022 | US$656k | US$404k | US$2m |
| Sep 30 2022 | n/a | n/a | -US$1m |
| Jun 30 2022 | n/a | n/a | US$2m |
| Mar 31 2022 | n/a | n/a | US$4m |
| Dec 31 2021 | US$563k | US$394k | US$501k |
| Sep 30 2021 | n/a | n/a | US$26m |
| Jun 30 2021 | n/a | n/a | US$25m |
| Mar 31 2021 | n/a | n/a | US$24m |
| Dec 31 2020 | US$480k | US$314k | US$29m |
| Sep 30 2020 | n/a | n/a | US$20m |
| Jun 30 2020 | n/a | n/a | US$21m |
| Mar 31 2020 | n/a | n/a | US$15m |
| Dec 31 2019 | US$445k | US$273k | US$14m |
| Sep 30 2019 | n/a | n/a | US$8m |
| Jun 30 2019 | n/a | n/a | US$9m |
| Mar 31 2019 | n/a | n/a | US$20m |
| Dec 31 2018 | US$364k | US$166k | US$17m |
| Sep 30 2018 | n/a | n/a | US$9m |
| Jun 30 2018 | n/a | n/a | US$6m |
| Mar 31 2018 | n/a | n/a | US$3m |
| Dec 31 2017 | US$748k | US$196k | US$2m |
Compensation vs Market: Marc's total compensation ($USD525.90K) is about average for companies of similar size in the Canadian market ($USD737.53K).
Compensation vs Earnings: Marc's compensation has been consistent with company performance over the past year.
CEO
Marc Murnaghan (52 yo)
9.6yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.6yrs | US$525.90k | 2.36% CA$ 6.5m | |
| Chief Financial Officer | 6yrs | US$283.85k | 0.026% CA$ 70.8k | |
| Senior Vice President of Latin America | no data | US$214.09k | no data | |
| Vice President of Taxation & Legal Affairs | less than a year | no data | no data | |
| Vice President of Corporate Development | 5.8yrs | no data | no data | |
| Executive Vice President of Project Finance | 4.3yrs | no data | no data | |
| Vice President of Sustainability & Transformation | less than a year | no data | no data |
5.0yrs
Average Tenure
Experienced Management: PIF's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 9.6yrs | US$525.90k | 2.36% CA$ 6.5m | |
| Independent Chairman of the Board | 9.6yrs | US$70.00k | 0.050% CA$ 135.5k | |
| Independent Director | 13.8yrs | US$45.00k | 0.023% CA$ 62.8k | |
| Independent Director | 5.5yrs | US$47.50k | no data | |
| Independent Director | 1.5yrs | US$22.50k | 0.62% CA$ 1.7m | |
| Independent Director | 1.5yrs | US$22.50k | no data |
7.5yrs
Average Tenure
56.5yo
Average Age
Experienced Board: PIF's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:22 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
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 .
Analyst Sources
Polaris Renewable Energy Inc. is covered by 12 analysts. 6 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 |
|---|---|
| Kirk Wilson | Beacon Securities Limited |
| Ahmad Shaath | Beacon Securities Limited |
| David Galison | Canaccord Genuity |