CAE Management

Management criteria checks 3/4

CAE's CEO is Marc Parent, appointed in Oct 2009, has a tenure of 14.5 years. total yearly compensation is CA$10.71M, comprised of 11.7% salary and 88.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €6.38M. The average tenure of the management team and the board of directors is 2.7 years and 5.5 years respectively.

Key information

Marc Parent

Chief executive officer

CA$10.7m

Total compensation

CEO salary percentage	11.7%
CEO tenure	14.5yrs
CEO ownership	0.1%
Management average tenure	2.7yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Marc Parent's remuneration changed compared to CAE's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	CA$275m
Sep 30 2023	n/a	n/a	CA$293m
Jun 30 2023	n/a	n/a	CA$286m
Mar 31 2023	CA$11m	CA$1m	CA$223m
Dec 31 2022	n/a	n/a	CA$182m
Sep 30 2022	n/a	n/a	CA$132m
Jun 30 2022	n/a	n/a	CA$97m
Mar 31 2022	CA$11m	CA$1m	CA$142m
Dec 31 2021	n/a	n/a	CA$106m
Sep 30 2021	n/a	n/a	CA$129m
Jun 30 2021	n/a	n/a	CA$110m
Mar 31 2021	CA$7m	CA$907k	-CA$47m
Dec 31 2020	n/a	n/a	CA$11m
Sep 30 2020	n/a	n/a	CA$60m
Jun 30 2020	n/a	n/a	CA$139m
Mar 31 2020	CA$7m	CA$1m	CA$311m
Dec 31 2019	n/a	n/a	CA$355m
Sep 30 2019	n/a	n/a	CA$335m
Jun 30 2019	n/a	n/a	CA$322m
Mar 31 2019	CA$8m	CA$1m	CA$330m
Dec 31 2018	n/a	n/a	CA$290m
Sep 30 2018	n/a	n/a	CA$356m
Jun 30 2018	n/a	n/a	CA$356m
Mar 31 2018	CA$7m	CA$961k	CA$346m

Compensation vs Market: Marc's total compensation ($USD7.84M) is above average for companies of similar size in the German market ($USD3.35M).

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

CEO

Marc Parent (62 yo)

14.5yrs

Tenure

CA$10,705,624

Compensation

Mr. Marc Parent, C.M. has been the Chief Executive Officer and President of CAE Inc. since October 2009 and its Director since November 2008. Mr. Parent joined CAE in February 2005 as Group President, Simu...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marc Parent	President	14.5yrs	CA$10.71m	0.11% CA$ 6.4m
Sonya Branco	Executive VP of Finance & CFO	7.9yrs	CA$2.61m	0.0065% CA$ 369.1k
Nick Leontidis	Group President of Civil Aviation	17.9yrs	CA$3.25m	0.015% CA$ 829.3k
Carter Copeland	Senior Vice President of Global Strategy	2.7yrs	CA$2.62m	no data
Abha Dogra	Chief Technology & Product Officer	1.6yrs	no data	no data
Andrew Arnovitz	Senior VP of Investor Relations & Enterprise Risk Management	17.3yrs	no data	0.0012% CA$ 66.5k
Mark Hounsell	General Counsel	8.2yrs	CA$1.60m	0.0086% CA$ 486.3k
Bob Lockett	Chief People Officer	less than a year	no data	no data
Helene Gagnon	Chief Sustainability Officer & Senior VP of Stakeholder Engagement	2.1yrs	no data	0.0036% CA$ 203.1k
Pascal Grenier	Senior Vice President of Flight Services & Global Operations	2.5yrs	no data	0.0045% CA$ 254.3k
Jason Goodfriend	Interim Group President of Defense & Security	less than a year	no data	no data

2.7yrs

Average Tenure

Experienced Management: CE9's management team is considered experienced (2.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Marc Parent	President	15.4yrs	CA$10.71m	0.11% CA$ 6.4m
Michael Roach	Independent Director	6.4yrs	CA$247.00k	no data
Elise Eberwein	Independent Director	1.7yrs	CA$158.69k	0.0046% CA$ 259.4k
Andrew Stevens	Independent Director	11.3yrs	CA$247.00k	no data
Francois Olivier	Independent Director	7.2yrs	CA$247.00k	0.0024% CA$ 134.2k
Marianne Harrison	Independent Director	4.7yrs	CA$261.00k	0.0049% CA$ 278.7k
Margaret Billson	Independent Director	8.7yrs	CA$256.00k	no data
Alan MacGibbon	Independent Chairman	8.9yrs	CA$345.30k	0.0013% CA$ 72.8k
Patrick Shanahan	Independent Director	2yrs	CA$243.07k	no data
David Perkins	Independent Director	3.9yrs	CA$247.00k	no data
Mary Lou Maher	Independent Director	2.9yrs	CA$247.00k	0.0020% CA$ 116.0k
Ayman Antoun	Independent Director	1.7yrs	CA$151.62k	0.00054% CA$ 30.7k

5.5yrs

Average Tenure

61.5yo

Average Age

Experienced Board: CE9's board of directors are considered experienced (5.5 years average tenure).

CAE Management

Management criteria checks 3/4

Key information

Recent management updates

CAE Inc. Elects Sophie Brochu to the Board as an Independent Director

CAE Inc., Annual General Meeting, Aug 09, 2023

Independent Director recently bought €303k worth of stock

CAE Inc. Announces Board of Directors Elections

President recently bought €819k worth of stock

CAE Inc. Announces Board Changes

Recent updates

Now 22% undervalued after recent price drop

Madison Industries Holdings LLC entered into a definitive agreement to acquire CAE Healthcare, Inc. from CAE Inc. (TSX:CAE) .

Madison Industries Holdings LLC entered into a definitive agreement to acquire CAE Healthcare, Inc. from CAE Inc. (TSX:CAE) .

Third quarter 2024 earnings released: EPS: CA$0.18 (vs CA$0.25 in 3Q 2023)

Now 24% undervalued after recent price drop

CAE Inc. to Report Q3, 2024 Results on Feb 14, 2024

Second quarter 2024 earnings released: EPS: CA$0.18 (vs CA$0.14 in 2Q 2023)

CAE Inc. to Report Q2, 2024 Results on Nov 14, 2023

Madison Industries Holdings LLC entered into a definitive agreement to acquire CAE Healthcare, Inc. from CAE Inc. (TSX:CAE) for an enterprise value of CAD 311 million.

Madison Industries Holdings LLC entered into a definitive agreement to acquire CAE Healthcare, Inc. from CAE Inc. (TSX:CAE) for an enterprise value of CAD 311 million.

CAE Inc. Elects Sophie Brochu to the Board as an Independent Director

First quarter 2024 earnings released: EPS: CA$0.21 (vs CA$0.005 in 1Q 2023)

CAE Inc. to Report Q1, 2024 Results on Aug 09, 2023

CAE Inc. announced that it has received CAD 400 million in funding

CAE Inc. announced that it expects to receive CAD 400 million in funding

Full year 2023 earnings released: EPS: CA$0.70 (vs CA$0.46 in FY 2022)

CAE Inc., Annual General Meeting, Aug 09, 2023

CAE Inc. to Report Q4, 2023 Results on May 31, 2023

Third quarter 2023 earnings released: EPS: CA$0.25 (vs CA$0.083 in 3Q 2022)

CAE Inc. to Report Q3, 2023 Results on Feb 14, 2023

Second quarter 2023 earnings released: EPS: CA$0.14 (vs CA$0.044 in 2Q 2022)

Second quarter 2023 earnings released: EPS: CA$0.14 (vs CA$0.044 in 2Q 2022)

CAE Inc. to Report Q2, 2023 Results on Nov 10, 2022

Independent Director recently bought €303k worth of stock

First quarter 2023 earnings released: EPS: CA$0.01 (vs CA$0.16 in 1Q 2022)

CAE Inc. Announces Board of Directors Elections

CAE Inc. to Report Q1, 2023 Results on Aug 10, 2022

President recently bought €819k worth of stock

CAE Inc. Announces Board Changes

Full year 2022 earnings released: EPS: CA$0.46 (vs CA$0.17 loss in FY 2021)

CAE Inc., Annual General Meeting, Aug 10, 2022

CAE Inc. to Report Q4, 2022 Results on May 19, 2022

CAE Announces Appointment of Patrick M. Shanahan as Member of Board of Directors

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

CAE Inc. to Report Q3, 2022 Results on Feb 11, 2022

Second quarter 2022 earnings released: EPS CA$0.04 (vs CA$0.02 loss in 2Q 2021)

First quarter 2022 earnings released: EPS CA$0.16 (vs CA$0.42 loss in 1Q 2021)

CAE Inc. (TSX:CAE) acquired Global Jet Services.

President recently bought €371k worth of stock

Full year 2021 earnings released: CA$0.17 loss per share (vs CA$1.17 profit in FY 2020)

CAE Inc. has completed a Follow-on Equity Offering in the amount of $249.999998 million.

CAE Inc. announced that it has received CAD 700 million in funding from Caisse de dépôt et placement du Québec, GIC Pte. Ltd.

CAE Inc. announced that it has received CAD 700 million in funding from Caisse de dépôt et placement du Québec, GIC Pte. Ltd.

New 90-day high: €25.00

Third quarter 2021 earnings released: EPS CA$0.18 (vs CA$0.37 in 3Q 2020)

Revenue beats expectations

CAE Inc. Signs Contract with Pyure to Assemble and Develop Air Sanitizers Which Will Help in the Fight Against Covid-19

CAE Inc. to Report Q3, 2021 Results on Feb 12, 2021

New 90-day high: €23.03

CAE USA Wins Competitive Recompete of U.S. Air Force KC-135 Training System Contract

New 90-day high: €21.94

CAE Inc. (TSX:CAE) acquired Merlot Aero Ltd for $35 million.

Insider recently bought €147k worth of stock

CAE Inc. has completed a Follow-on Equity Offering in the amount of CAD 300.291 million.

CAE Inc. (TSX:CAE) entered into a definitive agreement to acquire TRU Simulation + Training Canada Inc. from TRU Simulation + Training Inc. for $40 million.

CAE Inc. (TSX:CAE) acquired Flight Simulation Company B.V. for approximately €70 million.

Second quarter 2021 earnings released: CA$0.02 loss per share

Revenue beats expectations

New 90-day high: €18.94

CAE Inc. to Report Q2, 2021 Results on Nov 10, 2020

New 90-day high: €14.06

New 90-day low: €11.99

CAE Launches Airside New Digital Platform for Pilots

Earnings released

CAE Inc. to Report Q1, 2021 Results on Aug 12, 2020

New 90-day low - €12.39

CEO Compensation Analysis

CEO

Tenure