Wajax Management

Management criteria checks 3/4

Wajax's CEO is Iggy Domagalski, appointed in Jan 2022, has a tenure of 2.83 years. total yearly compensation is CA$2.48M, comprised of 24.9% salary and 75.1% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth €2.24M. The average tenure of the management team and the board of directors is 3.8 years and 4.5 years respectively.

Key information

Iggy Domagalski

Chief executive officer

CA$2.5m

Total compensation

CEO salary percentage	24.9%
CEO tenure	2.8yrs
CEO ownership	0.6%
Management average tenure	3.8yrs
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Iggy Domagalski's remuneration changed compared to Wajax's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	CA$70m
Mar 31 2024	n/a	n/a	CA$78m
Dec 31 2023	CA$2m	CA$619k	CA$81m
Sep 30 2023	n/a	n/a	CA$87m
Jun 30 2023	n/a	n/a	CA$81m
Mar 31 2023	n/a	n/a	CA$74m
Dec 31 2022	CA$2m	CA$565k	CA$72m
Sep 30 2022	n/a	n/a	CA$64m
Jun 30 2022	n/a	n/a	CA$60m
Mar 31 2022	n/a	n/a	CA$57m
Dec 31 2021	CA$446k	CA$161k	CA$53m

Compensation vs Market: Iggy's total compensation ($USD1.79M) is above average for companies of similar size in the German market ($USD1.08M).

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

CEO

Iggy Domagalski (44 yo)

2.8yrs

Tenure

CA$2,482,066

Compensation

Mr. Ignacy P. Domagalski, also known as Iggy, has been President, Chief Executive Officer and Director of Wajax Corporation since January 1, 2022. Mr. Domagalski joined the Wajax Corporation on January 01,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ignacy Domagalski	President	2.8yrs	CA$2.48m	0.63% € 2.2m
Stuart Auld	Chief Financial Officer	5.5yrs	CA$1.22m	0.11% € 379.1k
Andre Dube	Senior VP of Sales & Operations	no data	CA$901.48k	0.011% € 40.2k
Mark Edgar	Chief People Officer	1.8yrs	CA$878.63k	no data
Andrew W. Tam	General Counsel & Corporate Secretary	13.8yrs	CA$597.11k	0.044% € 156.4k
Gregory Abtosway	Vice President of Corporate Development	3.8yrs	no data	0.0021% € 7.5k
Cristian Rodriguez	Vice President of Safety	no data	no data	no data
Brian Deacon	Senior Vice President of Category Management	no data	no data	0.011% € 37.8k
Tania Casadinho	VP & Corporate Controller	no data	no data	no data

3.8yrs

Average Tenure

Experienced Management: 5WJ's management team is considered experienced (3.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ignacy Domagalski	President	2.8yrs	CA$2.48m	0.63% € 2.2m
Edward Barrett	Independent Chairman of the Board	18.7yrs	CA$240.00k	0.10% € 362.0k
H. MacNeill	Honorary Director	no data	no data	no data
Thomas Alford	Independent Director	9.9yrs	CA$162.50k	0.091% € 325.9k
David Smith	Independent Director	1.5yrs	CA$110.12k	0.069% € 246.9k
Alexander Taylor	Independent Director	15.8yrs	CA$177.50k	no data
Leslie Abi-Karam	Independent Director	4.5yrs	CA$162.50k	no data
A. Craighead	Independent Director	3yrs	CA$174.42k	0.034% € 120.2k
Vasuki Uthayakumar	Independent Director	4.5yrs	CA$162.50k	no data
Elizabeth Summers	Independent Director	1.5yrs	CA$110.12k	0.027% € 95.5k

4.5yrs

Average Tenure

65yo

Average Age

Experienced Board: 5WJ's board of directors are considered experienced (4.5 years average tenure).

Wajax Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Chairman of the Board recently bought €68k worth of stock

Independent Chairman of the Board recently bought €136k worth of stock

Wajax Corporation Announces Board Changes

Independent Director recently bought €96k worth of stock

Wajax Corporation, Annual General Meeting, May 02, 2024

Independent Director recently bought €94k worth of stock

Recent updates

Upcoming dividend of CA$0.35 per share

Second quarter dividend of CA$0.35 announced

Second quarter 2024 earnings released: EPS: CA$0.95 (vs CA$1.35 in 2Q 2023)

Wajax Corporation Declares Dividend for the Third Quarter of 2024, Payable on October 2, 2024

Upcoming dividend of CA$0.35 per share

Independent Chairman of the Board recently bought €68k worth of stock

Independent Chairman of the Board recently bought €136k worth of stock

Investor sentiment deteriorates as stock falls 21%

Wajax Corporation Announces Board Changes

First quarter dividend of CA$0.35 announced

Independent Director recently bought €96k worth of stock

First quarter 2024 earnings released: EPS: CA$0.68 (vs CA$0.81 in 1Q 2023)

Wajax Corporation Declares Dividend for the Second Quarter of 2024, Payable on July 3, 2024

Fourth quarter dividend of CA$0.35 announced

Full year 2023 earnings released: EPS: CA$3.77 (vs CA$3.38 in FY 2022)

Wajax Corporation Declares Dividend for the First Quarter of 2024, Payable on April 2, 2024

Upcoming dividend of CA$0.33 per share at 4.7% yield

Wajax Corporation, Annual General Meeting, May 02, 2024

Independent Director recently bought €94k worth of stock

Wajax Corporation Declares Dividend for the Fourth Quarter of 2023, Payable on January 3, 2024

Third quarter 2023 earnings released: EPS: CA$1.09 (vs CA$0.84 in 3Q 2022)

Upcoming dividend of CA$0.33 per share at 4.5% yield

Wajax Corporation (TSX:WJX) acquired Beta Fluid Power Ltd. And Beta Industrial Ltd.

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: CA$1.35 (vs CA$1.01 in 2Q 2022)

Wajax Corporation Declares a Dividend for the Third Quarter of 2023, Payable on October 3, 2023

Upcoming dividend of CA$0.33 per share at 5.6% yield

Wajax Corporation Announces Board Appointments

First quarter 2023 earnings released: EPS: CA$0.81 (vs CA$0.75 in 1Q 2022)

Full year 2022 earnings released: EPS: CA$3.38 (vs CA$2.50 in FY 2021)

Upcoming dividend of CA$0.25 per share

Third quarter 2022 earnings released: EPS: CA$0.84 (vs CA$0.69 in 3Q 2021)

Wajax Corporation Announces Dividend for the Fourth Quarter of 2022, Payable on January 4, 2023

Upcoming dividend of CA$0.25 per share

Second quarter 2022 earnings released: EPS: CA$1.01 (vs CA$0.85 in 2Q 2021)

Wajax Corporation Declares Dividend for the Third Quarter of 2022 Payable on October 4, 2022

Upcoming dividend of CA$0.25 per share

First quarter 2022 earnings released: EPS: CA$0.75 (vs CA$0.59 in 1Q 2021)

Wajax Corporation Declares Dividend for the Second Quarter of 2022, Payable on July 5, 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Wajax Corporation (TSX:WJX) entered into acquisition agreement to acquire Net Operating Assets of Process Flow Systems Ltd. for CAD 4.6 million.

Upcoming dividend of CA$0.25 per share

Investor sentiment improved over the past week

Insider recently sold €58k worth of stock

Third quarter 2021 earnings released: EPS CA$0.68 (vs CA$0.33 in 3Q 2020)

Upcoming dividend of CA$0.25 per share

Second quarter 2021 earnings released: EPS CA$0.85 (vs CA$0.51 in 2Q 2020)

Upcoming dividend of CA$0.25 per share

Independent Director recently sold €78k worth of stock

Investor sentiment improved over the past week

First quarter 2021 earnings released

Wajax Corporation Declares Dividend for the Second Quarter of 2021, Payable on July 6, 2021

Independent Director recently sold €270k worth of stock

Full year 2020 earnings released: EPS CA$1.58 (vs CA$1.98 in FY 2019)

Revenue beats expectations

Wajax Corporation, Annual General Meeting, May 04, 2021

New 90-day high: €13.50

Wajax Corporation to Report Q4, 2021 Results on Mar 08, 2022

Wajax Corporation (TSX:WJX) completed the acquisition of Tundra Process Solutions Ltd.

Wajax Corporation to Report Q2, 2021 Results on Aug 06, 2021

New 90-day high: €12.80

Investor sentiment improved over the past week

Wajax Corporation (TSX:WJX) entered into a definitive agreement to acquire Tundra Process Solutions Ltd. for CAD 96.7 million.

Upcoming Dividend of CA$0.25 Per Share

New 90-day high: €11.70

Independent Director recently sold €65k worth of stock

New 90-day high: €10.50

Market bids up stock over the past week