Transcontinental Management

Management criteria checks 1/4

Transcontinental's CEO is Thomas Morin, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is CA$2.68M, comprised of 29.7% salary and 70.3% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth €17.51K. The average tenure of the management team and the board of directors is 1.6 years and 8.8 years respectively.

Key information

Thomas Morin

Chief executive officer

CA$2.7m

Total compensation

CEO salary percentage	29.7%
CEO tenure	less than a year
CEO ownership	0.002%
Management average tenure	1.6yrs
Board average tenure	8.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Thomas Morin's remuneration changed compared to Transcontinental's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 28 2024	n/a	n/a	CA$99m
Oct 29 2023	CA$3m	CA$798k	CA$86m
Jul 30 2023	n/a	n/a	CA$105m
Apr 30 2023	n/a	n/a	CA$118m
Jan 29 2023	n/a	n/a	CA$124m
Oct 30 2022	CA$2m	CA$698k	CA$141m
Jul 31 2022	n/a	n/a	CA$120m
May 01 2022	n/a	n/a	CA$114m
Jan 30 2022	n/a	n/a	CA$121m
Oct 31 2021	CA$2m	CA$639k	CA$131m
Jul 25 2021	n/a	n/a	CA$143m
Apr 25 2021	n/a	n/a	CA$163m
Jan 24 2021	n/a	n/a	CA$153m
Oct 25 2020	CA$2m	CA$629k	CA$132m
Jul 26 2020	n/a	n/a	CA$193m
Apr 26 2020	n/a	n/a	CA$148m
Jan 26 2020	n/a	n/a	CA$144m
Oct 27 2019	CA$2m	CA$192k	CA$166m

Compensation vs Market: Thomas's total compensation ($USD1.96M) is above average for companies of similar size in the German market ($USD1.29M).

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

CEO

Thomas Morin

less than a year

Tenure

CA$2,683,434

Compensation

Mr. Thomas Gaston-Louis Morin is President & Chief Executive Officer of Transcontinental Inc. since June 07, 2023. He served as the President of TC Transcontinental Packaging Inc. a subsidiary of Transcont...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Isabelle Marcoux	Executive Chair of the Board	19.1yrs	CA$1.79m	0.0058% CA$ 48.1k
Thomas Morin	President & CEO	less than a year	CA$2.68m	0.0021% CA$ 17.5k
Donald LeCavalier	Executive VP & CFO	5.6yrs	CA$1.77m	0.034% CA$ 282.5k
Christine Desaulniers	Chief Legal Officer & Corporate Secretary	18.4yrs	CA$1.04m	0.023% CA$ 192.5k
Lynda Newcomb	Chief Human Resources Officer	1.9yrs	CA$1.08m	no data
Dustin Dyer	Senior Vice President of Operational Excellence	less than a year	no data	no data
Benoit Guilbault	Chief Information Officer	11yrs	no data	no data
Yan Lapointe	Director of Investor Relations & Treasury	no data	no data	no data
Francois Taschereau	Vice President of Corporate Communications & Public Affairs	4.3yrs	no data	0.0011% CA$ 9.6k
Sam Bendavid	Chief Corporate Development and Procurement Officer	1.3yrs	no data	0.0035% CA$ 28.8k
Rebecca Casey	Senior Vice President of Sales & Strategic Marketing	less than a year	no data	no data
Norrie Meth	Senior Vice President of Retail Group Transcontinental Printing - Marketing Products	no data	no data	no data

1.6yrs

Average Tenure

Experienced Management: 53L's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Isabelle Marcoux	Executive Chair of the Board	19.1yrs	CA$1.79m	0.0058% CA$ 48.1k
Mario Plourde	Independent Director	9.1yrs	CA$192.20k	0.011% CA$ 95.3k
Nelson Gentiletti	Independent Director	2.9yrs	CA$171.77k	0.0092% CA$ 77.0k
Pierre Marcoux	Non-Independent Director	19.1yrs	CA$125.00k	0.0069% CA$ 57.8k
Jacynthe Cote	Independent Lead Director	8.1yrs	CA$220.99k	0.0035% CA$ 28.8k
Yves Leduc	Independent Director	6.6yrs	CA$169.21k	0.0057% CA$ 47.2k
Anna Martini	Independent Director	13.1yrs	CA$213.32k	0.0043% CA$ 36.1k
Annie Thabet	Independent Director	8.4yrs	CA$170.04k	0.016% CA$ 137.5k
Nathalie Marcoux	Non-Independent Director	13.1yrs	CA$154.03k	no data
Jean Raymond	Independent Director	7.1yrs	CA$174.99k	0.012% CA$ 96.2k

8.8yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 53L's board of directors are considered experienced (8.8 years average tenure).

Transcontinental Management

Management criteria checks 1/4

Key information

Recent management updates

Transcontinental Inc. Announces That Rémi Marcoux Founder of Tc Transcontinental and Member of the Board Has Not Sought Re-Election as A Director

Transcontinental Inc., Annual General Meeting, Mar 13, 2024

Transcontinental Inc. Announces Management Changes

Chief Corporate Development Officer recently sold €374k worth of stock

Transcontinental Inc., Annual General Meeting, Mar 08, 2023

Insufficient new directors

Recent updates

Transcontinental Inc. Declares Quarterly Dividend on Class A Subordinate Voting Shares and Class B Shares, Payable on April 22, 2024

TC Transcontinental Printing to Close its Saint-Hyacinthe Plant

Transcontinental Inc. Announces That Rémi Marcoux Founder of Tc Transcontinental and Member of the Board Has Not Sought Re-Election as A Director

Transcontinental Inc. Declares Quarterly Dividend, Payable on January 22, 2024

Transcontinental Inc., Annual General Meeting, Mar 13, 2024

TC Transcontinental Packaging to Close Its Tomah (Wisconsin) Plant in February 2024

TC Transcontinental Announces the Expansion of raddarTM

TC Transcontinental Announces the Expansion of raddarTM

Upcoming dividend of CA$0.23 per share at 7.4% yield

Third quarter 2023 earnings released

Transcontinental Inc. Declares Quarterly Dividend, Payable on October 23, 2023

Upcoming dividend of CA$0.23 per share at 6.4% yield

Second quarter 2023 earnings released: EPS: CA$0.26 (vs CA$0.33 in 2Q 2022)

Transcontinental Inc. Announces Management Changes

Upcoming dividend of CA$0.23 per share at 6.8% yield

Investor sentiment deteriorates as stock falls 21%

First quarter 2023 earnings released: EPS: CA$0.012 (vs CA$0.21 in 1Q 2022)

Upcoming dividend of CA$0.23 per share

Chief Corporate Development Officer recently sold €374k worth of stock

Transcontinental Inc., Annual General Meeting, Mar 08, 2023

Transcontinental Inc. Declares Quarterly Dividend on Class A Subordinate Voting Shares and Class B Shares, Payable on January 23, 2023

Full year 2022 earnings released: EPS: CA$1.63 (vs CA$1.50 in FY 2021)

Transcontinental Inc. to Report Fiscal Year 2023 Results on Dec 12, 2023

Insufficient new directors

Upcoming dividend of CA$0.23 per share

Third quarter 2022 earnings released: EPS: CA$0.39 (vs CA$0.32 in 3Q 2021)

Transcontinental Inc. Declares Quarterly Dividend, Payable on October 24, 2022

Upcoming dividend of CA$0.23 per share

Transcontinental Inc. (TSX:TCL.A) acquired Banaplast S.A.S from Angela Maria Jaramillo Botero and Juan Carlos Fajardo Pulido.

Transcontinental Inc. (TSX:TCL.A) acquired Banaplast S.A.S from Angela Maria Jaramillo Botero and Juan Carlos Fajardo Pulido.

Transcontinental Inc. Declares Quarterly Dividend, Payable on July 25, 2022

Transcontinental Inc. Declares Quarterly Dividend, Payable on July 25, 2022

Insufficient new directors

Upcoming dividend of CA$0.23 per share

Transcontinental Inc. Declares Quarterly Dividend, Payable on April 11, 2022

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Transcontinental Inc. announced that it expects to receive CAD 200 million in funding

Upcoming dividend of CA$0.23 per share

Transcontinental Inc. Provides Revenue Guidance for the Year 2022

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

Upcoming dividend of CA$0.23 per share

Third quarter 2021 earnings released: EPS CA$0.32 (vs CA$0.56 in 3Q 2020)

Upcoming dividend of CA$0.23 per share

Second quarter 2021 earnings released

Transcontinental Inc. (TSX:TCL.A) acquired BGI Retail Inc.

Investor sentiment improved over the past week

Upcoming Dividend of CA$0.23 Per Share

New 90-day high: €14.40

First quarter 2021 earnings released

Revenue beats expectations

Upcoming Dividend of CA$0.23 Per Share

Transcontinental Inc., Annual General Meeting, Feb 25, 2021

TC Transcontinental Names Eric Morisset as Chief Development Officer

Transcontinental Inc. to Report Q4, 2021 Results on Dec 09, 2021

TC Transcontinental Phasing Down the Printing Activities of Transcontinental LGM – Coronet, Located in Winnipeg, Manitoba, in Anticipation of the Complete Closure of the Facility on January 31, 2021

Transcontinental Inc. to Report Q4, 2020 Results on Dec 10, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age