Finning International Management
Management criteria checks 2/4
Finning International's CEO is Kevin Parkes, appointed in Nov 2022, has a tenure of 1.5 years. total yearly compensation is CA$5.56M, comprised of 18% salary and 82% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth €1.23M. The average tenure of the management team and the board of directors is 4.2 years and 4.9 years respectively.
Key information
Kevin Parkes
Chief executive officer
CA$5.6m
Total compensation
CEO salary percentage | 18.0% |
CEO tenure | 1.5yrs |
CEO ownership | 0.03% |
Management average tenure | 4.2yrs |
Board average tenure | 4.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | CA$510m |
Dec 31 2023 | CA$6m | CA$1m | CA$523m |
Sep 30 2023 | n/a | n/a | CA$574m |
Jun 30 2023 | n/a | n/a | CA$567m |
Mar 31 2023 | n/a | n/a | CA$545m |
Dec 31 2022 | CA$2m | CA$751k | CA$503m |
Sep 30 2022 | n/a | n/a | CA$471m |
Jun 30 2022 | n/a | n/a | CA$421m |
Mar 31 2022 | n/a | n/a | CA$386m |
Dec 31 2021 | CA$2m | CA$614k | CA$364m |
Sep 30 2021 | n/a | n/a | CA$332m |
Jun 30 2021 | n/a | n/a | CA$321m |
Mar 31 2021 | n/a | n/a | CA$248m |
Dec 31 2020 | CA$2m | CA$523k | CA$232m |
Sep 30 2020 | n/a | n/a | CA$210m |
Jun 30 2020 | n/a | n/a | CA$198m |
Mar 31 2020 | n/a | n/a | CA$268m |
Dec 31 2019 | CA$2m | CA$535k | CA$242m |
Sep 30 2019 | n/a | n/a | CA$247m |
Jun 30 2019 | n/a | n/a | CA$196m |
Mar 31 2019 | n/a | n/a | CA$189m |
Dec 31 2018 | CA$1m | CA$426k | CA$232m |
Sep 30 2018 | n/a | n/a | CA$241m |
Jun 30 2018 | n/a | n/a | CA$266m |
Mar 31 2018 | n/a | n/a | CA$240m |
Dec 31 2017 | CA$1m | CA$385k | CA$216m |
Compensation vs Market: Kevin's total compensation ($USD4.08M) is above average for companies of similar size in the German market ($USD2.36M).
Compensation vs Earnings: Kevin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Kevin Parkes (48 yo)
1.5yrs
Tenure
CA$5,562,974
Compensation
Mr. Kevin Parkes has been Chief Executive Officer, President and Non-Independent Director of Finning International Inc. since November 16, 2022. He had been President of Finning Canada at Finning Internati...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Non-Independent Director | 1.5yrs | CA$5.56m | 0.029% CA$ 1.2m | |
Executive VP & CFO | 4.2yrs | CA$2.59m | 0.032% CA$ 1.4m | |
Managing Director of UK & Ireland Business | 2.8yrs | CA$1.44m | 0.0095% CA$ 400.8k | |
President of Finning Canada | 2.5yrs | CA$2.34m | 0.019% CA$ 808.0k | |
President of Finning South America | 4.3yrs | CA$1.88m | 0.024% CA$ 1.0m | |
Executive VP | 8.1yrs | no data | 0.0083% CA$ 350.1k | |
Senior Vice President of Strategic Planning & Business Development | 8.4yrs | no data | no data | |
Executive Vice President of Global Supply Chain | 4yrs | no data | no data | |
Senior VP & Corporate Controller | 21yrs | no data | 0.023% CA$ 971.2k | |
Senior Legal Counsel & Corporate Secretary | no data | no data | no data |
4.2yrs
Average Tenure
Experienced Management: CIH's management team is considered experienced (4.2 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Non-Independent Director | 1.5yrs | CA$5.56m | 0.029% CA$ 1.2m | |
Independent Director | 6.3yrs | CA$269.50k | no data | |
Independent Director | 8.2yrs | CA$280.50k | no data | |
Independent Director | 6.8yrs | CA$410.00k | 0% CA$ 0 | |
Independent Director | 7.5yrs | CA$248.55k | 0.011% CA$ 446.1k | |
Independent Director | 5.3yrs | CA$245.00k | 0.00098% CA$ 41.4k | |
Independent Director | 2yrs | CA$249.50k | 0.00049% CA$ 20.7k | |
Independent Chairman | 16.7yrs | CA$249.50k | 0.0070% CA$ 297.2k | |
Independent Director | less than a year | no data | no data | |
Independent Director | less than a year | CA$99.84k | no data | |
Independent Director | 4.5yrs | CA$299.00k | no data | |
Independent Director | 2yrs | CA$255.50k | no data |
4.9yrs
Average Tenure
64.5yo
Average Age
Experienced Board: CIH's board of directors are considered experienced (4.9 years average tenure).