Superior Plus Corp.

TSX:SPB Stock Report

Market Cap: CA$1.8b

Superior Plus Management

Management criteria checks 2/4

Superior Plus' CEO is Allan MacDonald, appointed in Apr 2023, has a tenure of 2.17 years. total yearly compensation is $3.37M, comprised of 25.8% salary and 74.2% bonuses, including company stock and options. directly owns 0.076% of the company’s shares, worth CA$1.35M. The average tenure of the management team and the board of directors is 3 years and 1.9 years respectively.

Key information

Allan MacDonald

Chief executive officer

US$3.4m

Total compensation

CEO salary percentage25.80%
CEO tenure2.2yrs
CEO ownership0.08%
Management average tenure2yrs
Board average tenure1.9yrs

Recent management updates

Recent updates

We Think Superior Plus (TSE:SPB) Is Taking Some Risk With Its Debt

Apr 04
We Think Superior Plus (TSE:SPB) Is Taking Some Risk With Its Debt

Cautious Investors Not Rewarding Superior Plus Corp.'s (TSE:SPB) Performance Completely

Feb 28
Cautious Investors Not Rewarding Superior Plus Corp.'s (TSE:SPB) Performance Completely
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Organic Growth Strategies Will Transform Propane Business By 2027

Superior Plus is emphasizing organic growth and operational efficiency over acquisitions to realize sustainable revenue growth and enhanced earnings.

Superior Plus' (TSE:SPB) Dividend Will Be Reduced To $0.045

Dec 14
Superior Plus' (TSE:SPB) Dividend Will Be Reduced To $0.045

Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Nov 08
Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of $0.18

Aug 19
Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of $0.18

Is It Too Late To Consider Buying Superior Plus Corp. (TSE:SPB)?

Jul 25
Is It Too Late To Consider Buying Superior Plus Corp. (TSE:SPB)?

Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Jan 16
Investors Aren't Buying Superior Plus Corp.'s (TSE:SPB) Revenues

Is Superior Plus (TSE:SPB) Using Too Much Debt?

Dec 25
Is Superior Plus (TSE:SPB) Using Too Much Debt?

Are Investors Undervaluing Superior Plus Corp. (TSE:SPB) By 43%?

Aug 04
Are Investors Undervaluing Superior Plus Corp. (TSE:SPB) By 43%?

Superior Plus (TSE:SPB) Has A Somewhat Strained Balance Sheet

Jun 22
Superior Plus (TSE:SPB) Has A Somewhat Strained Balance Sheet

Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06

Mar 14
Superior Plus' (TSE:SPB) Dividend Will Be CA$0.06

Superior Plus (TSE:SPB) Is Paying Out A Dividend Of CA$0.06

Feb 13
Superior Plus (TSE:SPB) Is Paying Out A Dividend Of CA$0.06

Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Jan 20
Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06

Dec 26
Superior Plus (TSE:SPB) Has Affirmed Its Dividend Of CA$0.06

Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

Dec 11
Superior Plus (TSE:SPB) Will Pay A Dividend Of CA$0.06

CEO Compensation Analysis

How has Allan MacDonald's remuneration changed compared to Superior Plus's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

US$15m

Dec 31 2024US$3mUS$871k

-US$37m

Sep 30 2024n/an/a

US$12m

Jun 30 2024n/an/a

-US$7m

Mar 31 2024n/an/a

US$11m

Dec 31 2023US$8mUS$689k

US$39m

Compensation vs Market: Allan's total compensation ($USD3.37M) is above average for companies of similar size in the Canadian market ($USD2.45M).

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

CEO

Allan MacDonald (54 yo)

2.2yrs
Tenure
US$3,374,611
Compensation

Mr. Allan Angus MacDonald serves as President, Chief Executive Officer and Director at Superior Plus Corp. since April 03, 2023. He was an Executive Vice-President of Retail at Canadian Tire Corporation, L...

Leadership Team

NamePositionTenureCompensationOwnership
Allan MacDonald
CEO, President & Director2.2yrsUS$3.37m0.076%
CA$ 1.4m
Grier Colter
Executive VP & CFO1.8yrsUS$1.31m0.028%
CA$ 496.7k
Darren Hribar
Senior VP & Chief Legal Officer10.3yrsUS$932.61k0.027%
CA$ 486.7k
Rick Carron
Chief Commercial Officer of North American Propaneless than a yearUS$769.51k0.0085%
CA$ 152.1k
Catherine Best
Independent Directorno dataUS$258.50k0.0031%
CA$ 55.0k
Adam Kurnik
Manager of Corporate Finance & Investor Relationsno datano datano data
Ash Rajendra
VP & Chief Information Officer4yrsno datano data
Chris Lichtenheldt
Vice President of Investor Relationsno datano datano data
Carolyn Skinner
Senior Manager of Corporate Communicationsno datano datano data
Kirsten Olsen
Senior VP & Chief Human Resources Officer1.7yrsno data0.0017%
CA$ 29.6k
Shawn Vammen
Senior Vice President of Superior Gas Liquids10.6yrsno data0.026%
CA$ 468.9k
Tommy Manion
Chief Operating Officer of North American Propane1yrno datano data
2.0yrs
Average Tenure
54yo
Average Age

Experienced Management: SPB's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Allan MacDonald
CEO, President & Director2.2yrsUS$3.37m0.076%
CA$ 1.4m
Catherine Best
Independent Director17.9yrsUS$258.50k0.0031%
CA$ 55.0k
Jennifer Grigsby
Independent Director1.8yrsUS$262.13kno data
David Smith
Independent Chairman27.4yrsUS$381.22k0.056%
CA$ 1.0m
William Yardley
Independent Directorless than a yearno datano data
Patrick Gottschalk
Independent Director7.8yrsUS$263.74k0.088%
CA$ 1.6m
Laura Schwinn
Independent Directorless than a yearno datano data
Jean-Paul Gladu
Independent Directorless than a yearno datano data
Michael Horowitz
Independent Director1.6yrsUS$251.00kno data
Calvin Jacober
Independent Director2.1yrsUS$253.51kno data
1.9yrs
Average Tenure
60yo
Average Age

Experienced Board: SPB's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/10 21:41
End of Day Share Price 2025/06/10 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Superior Plus Corp. is covered by 14 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.

AnalystInstitution
Nathan HeywoodATB Capital Markets
John GibsonBMO Capital Markets Equity Research
John BereznickiCanaccord Genuity