CECO Environmental Management

Management criteria checks 1/4

CECO Environmental's CEO is Todd Gleason, appointed in Jul 2020, has a tenure of 3.83 years. total yearly compensation is $5.58M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 3.21% of the company’s shares, worth €23.37M. The average tenure of the management team and the board of directors is 1.8 years and 4.9 years respectively.

Key information

Todd Gleason

Chief executive officer

US$5.6m

Total compensation

CEO salary percentage	9.2%
CEO tenure	3.8yrs
CEO ownership	3.2%
Management average tenure	1.8yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Todd Gleason's remuneration changed compared to CECO Environmental's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$12m
Dec 31 2023	US$6m	US$515k	US$13m
Sep 30 2023	n/a	n/a	US$17m
Jun 30 2023	n/a	n/a	US$16m
Mar 31 2023	n/a	n/a	US$17m
Dec 31 2022	US$3m	US$476k	US$17m
Sep 30 2022	n/a	n/a	US$10m
Jun 30 2022	n/a	n/a	US$7m
Mar 31 2022	n/a	n/a	US$3m
Dec 31 2021	US$2m	US$457k	US$1m
Sep 30 2021	n/a	n/a	US$2m
Jun 30 2021	n/a	n/a	US$3m
Mar 31 2021	n/a	n/a	US$6m
Dec 31 2020	US$4m	US$216k	US$8m

Compensation vs Market: Todd's total compensation ($USD5.58M) is above average for companies of similar size in the German market ($USD1.18M).

Compensation vs Earnings: Todd's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Todd Gleason (52 yo)

3.8yrs

Tenure

US$5,577,976

Compensation

Mr. Todd R. Gleason has been Chief Executive Officer and Director at CECO Environmental Corp since July 6, 2020. Mr. Gleason has been a Director of NSF International Inc. since October 2023. He was the Chi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Todd Gleason	CEO & Director	3.8yrs	US$5.58m	3.21% $ 23.4m
Peter Johansson	Senior VP and Chief Financial & Strategy Officer	1.8yrs	US$1.96m	0.015% $ 109.4k
Lynn Watkins-Asiyanbi	Senior VP	1.9yrs	US$1.67m	0.017% $ 120.9k
Kiril Kovachev	VP, Chief Accounting Officer & Global Controller	less than a year	no data	0.035% $ 255.4k

1.8yrs

Average Tenure

50yo

Average Age

Experienced Management: WCE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Todd Gleason	CEO & Director	3.8yrs	US$5.58m	3.21% $ 23.4m
Robert Knowling	Independent Director	1.8yrs	US$163.50k	0.031% $ 226.7k
Jason DeZwirek	Independent Chairman of the Board	30.3yrs	US$256.00k	4.3% $ 31.3m
Richard Wallman	Independent Director	2.5yrs	US$173.50k	0.68% $ 5.0m
Laurie Siegel	Independent Director	less than a year	US$94.68k	0.0072% $ 52.2k
Valerie Sachs	Independent Director	8yrs	US$171.00k	0.22% $ 1.6m
Claudio Mannarino	Independent Director	8.9yrs	US$173.50k	0.24% $ 1.7m
Munish Nanda	Independent Director	5.9yrs	US$158.50k	0.15% $ 1.1m

4.9yrs

Average Tenure

62.5yo

Average Age

Experienced Board: WCE's board of directors are considered experienced (4.9 years average tenure).

CECO Environmental Management

Management criteria checks 1/4

Key information

Recent management updates

Independent Director recently bought €103k worth of stock

CECO Environmental Corp., Annual General Meeting, May 20, 2024

Independent Director recently bought €907k worth of stock

CEO & Director recently sold €278k worth of stock

Independent Director recently bought €150k worth of stock

CECO Environmental Corp. Appoints Laurie A. Siegel to its Board of Directors

Recent updates

Independent Director recently bought €103k worth of stock

CECO Environmental Corp. Reaffirms Earnings Guidance for the Full Year 2024

First quarter 2024 earnings released: EPS: US$0.043 (vs US$0.057 in 1Q 2023)

CECO Environmental Corp. to Report Q1, 2024 Results on Apr 30, 2024

CECO Environmental Corp., Annual General Meeting, May 20, 2024

Investor sentiment improves as stock rises 20%

Independent Director recently bought €907k worth of stock

CECO Environmental Corp. Raises Earnings Guidance for the Full Year 2024

Full year 2023 earnings released: EPS: US$0.37 (vs US$0.50 in FY 2022)

New minor risk - Profit margin trend

CECO Environmental Corp. to Report Q4, 2023 Results on Mar 05, 2024

CEO & Director recently sold €278k worth of stock

Investor sentiment improves as stock rises 18%

CECO Environmental Corp. Provides Earnings Guidance for the Full Year 2024

Third quarter 2023 earnings released: EPS: US$0.096 (vs US$0.056 in 3Q 2022)

CECO Environmental Corp. to Report Q3, 2023 Results on Nov 07, 2023

Independent Director recently bought €150k worth of stock

Investor sentiment improves as stock rises 16%

CECO Environmental Corp. (NasdaqGS:CECO) acquired Kemco Systems, Co. LLC.

CECO Environmental Corp. Appoints Laurie A. Siegel to its Board of Directors

CECO Environmental Corp. Announces Cessation of Paul Gohr as Chief Accounting Officer

Investor sentiment improves as stock rises 18%

New major risk - Share price stability

Second quarter 2023 earnings released: EPS: US$0.11 (vs US$0.13 in 2Q 2022)

CECO Environmental Corp. to Report Q2, 2023 Results on Aug 08, 2023

CECO Environmental Corp. Announces the Cessation of Ramesh Nuggihalli as Chief Operating Officer

CECO Environmental Corp. Announces Chief Accounting Officer Changes

Investor sentiment improves as stock rises 16%

First quarter 2023 earnings released: EPS: US$0.057 (vs US$0.08 in 1Q 2022)

Chief Accounting Officer recently sold €158k worth of stock

Independent Director recently bought €143k worth of stock

Full year 2022 earnings released: EPS: US$0.50 (vs US$0.04 in FY 2021)

CECO Environmental Corp. (NasdaqGS:CECO) acquired Wakefield Acoustics Limited.

Investor sentiment improved over the past week

CEO & Director recently sold €120k worth of stock

Third quarter 2022 earnings released: EPS: US$0.056 (vs US$0.035 loss in 3Q 2021)

CECO Environmental Corp. Provides Revenue Guidance for the Full Year 2023

CECO Environmental Corp. to Report Q3, 2022 Results on Nov 07, 2022

CECO Environmental Corp. (NasdaqGS:CECE) acquired DS21 Co., Ltd.

Independent Director recently bought €144k worth of stock

Independent Director recently bought €175k worth of stock

CECO Environmental Corp. Announces Executive Changes

Second quarter 2022 earnings released: EPS: US$0.13 (vs US$0.008 in 2Q 2021)

CECO Environmental Corp. to Report Q2, 2022 Results on Aug 08, 2022

CECO Environmental Corp. Appoints Robert E. Knowling, Jr. to Its Board of Directors

CECO Environmental Corp. Appoints Lynn Watkins-Asiyanbi as New Senior Vice President, General Counsel and Corporate Secretary

CECO Environmental Corp. (NasdaqGS:CECE) acquired Western Air Ducts (Uk) Limited.

CECO Environmental Corp.(NasdaqGS:CECE) dropped from Russell 2000 Value Index

Investor sentiment deteriorated over the past week

CECO Environmental Corp. (NasdaqGS:CECE) announces an Equity Buyback for $20 million worth of its shares.

First quarter 2022 earnings released: EPS: US$0.08 (vs US$0.033 in 1Q 2021)

CECO Environmental Corp., Annual General Meeting, Jun 08, 2022

CECO Environmental Corp. (NasdaqGS:CECE) acquired Substantially all of the assets of Index Water.

Director recently bought €158k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

CECO Environmental Corp. to Report Q4, 2021 Results on Mar 14, 2022

Director recently bought €79k worth of stock

Director recently bought €162k worth of stock

Third quarter 2021 earnings released: US$0.035 loss per share (vs US$0.007 loss in 3Q 2020)

CECO Environmental Corp. (NasdaqGS:CECE) announces an Equity Buyback for $5 million worth of its shares.

Second quarter 2021 earnings released: EPS US$0.008 (vs US$0.092 in 2Q 2020)

Insufficient new directors

CECO Environmental Corp.(NasdaqGS:CECE) dropped from Russell 2000 Value-Defensive Index

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS US$0.033 (vs US$0.097 in 1Q 2020)

CECO Environmental Scales Services Offering Up with Advanced Analytical Services and Training Courses

Full year 2020 earnings released: EPS US$0.23 (vs US$0.51 in FY 2019)

Revenue beats expectations

CECO Environmental Corp. to Report Q4, 2020 Results on Mar 03, 2021