Conifex Timber Management
Management criteria checks 2/4
Conifex Timber's CEO is Ken Shields, appointed in Jun 2010, has a tenure of 13.83 years. total yearly compensation is CA$1.62M, comprised of 30.8% salary and 69.2% bonuses, including company stock and options. directly owns 3.97% of the company’s shares, worth €736.20K. The average tenure of the management team and the board of directors is 0.9 years and 12 years respectively.
Key information
Ken Shields
Chief executive officer
CA$1.6m
Total compensation
| CEO salary percentage | 30.8% |
| CEO tenure | 13.8yrs |
| CEO ownership | 4.0% |
| Management average tenure | less than a year |
| Board average tenure | 12yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | -CA$31m |
| Sep 30 2023 | n/a | n/a | -CA$25m |
| Jun 30 2023 | n/a | n/a | -CA$16m |
| Mar 31 2023 | n/a | n/a | CA$5m |
| Dec 31 2022 | CA$2m | CA$500k | CA$24m |
| Sep 30 2022 | n/a | n/a | CA$22m |
| Jun 30 2022 | n/a | n/a | CA$20m |
| Mar 31 2022 | n/a | n/a | CA$34m |
| Dec 31 2021 | CA$2m | CA$500k | CA$27m |
| Sep 30 2021 | n/a | n/a | CA$32m |
| Jun 30 2021 | n/a | n/a | CA$35m |
| Mar 31 2021 | n/a | n/a | CA$6m |
| Dec 31 2020 | CA$1m | CA$512k | -CA$7m |
| Sep 30 2020 | n/a | n/a | -CA$19m |
| Jun 30 2020 | n/a | n/a | -CA$33m |
| Mar 31 2020 | n/a | n/a | -CA$31m |
| Dec 31 2019 | CA$1m | CA$646k | -CA$30m |
| Sep 30 2019 | n/a | n/a | -CA$43m |
| Jun 30 2019 | n/a | n/a | -CA$25m |
| Mar 31 2019 | n/a | n/a | -CA$16m |
| Dec 31 2018 | CA$1m | CA$544k | -CA$7m |
| Sep 30 2018 | n/a | n/a | CA$23m |
| Jun 30 2018 | n/a | n/a | CA$23m |
| Mar 31 2018 | n/a | n/a | CA$20m |
| Dec 31 2017 | CA$1m | CA$450k | CA$17m |
Compensation vs Market: Ken's total compensation ($USD1.19M) is above average for companies of similar size in the German market ($USD401.52K).
Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.
CEO
Ken Shields (74 yo)
13.8yrs
Tenure
CA$1,620,993
Compensation
Mr. Kenneth A. Shields, also known as Ken, serves as Chairman at Conifex Timber Inc. and has been its Director and Chief Executive Officer since June 3, 2010 and served as President. He has served as Chair...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13.8yrs | CA$1.62m | 3.97% CA$ 736.2k | |
| President & COO | less than a year | CA$560.64k | 0.35% CA$ 65.5k | |
| Chief Financial Officer | less than a year | CA$439.37k | 0.061% CA$ 11.3k |
0.9yrs
Average Tenure
Experienced Management: 5CA's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 13.8yrs | CA$1.62m | 3.97% CA$ 736.2k | |
| Lead Independent Director | 12yrs | CA$131.25k | 0.17% CA$ 30.6k | |
| Independent Director | 5.8yrs | CA$97.50k | 0.093% CA$ 17.2k | |
| Independent Director | 7.2yrs | CA$107.50k | 0.19% CA$ 35.9k | |
| Independent Director | 13.9yrs | CA$105.00k | 1.47% CA$ 273.0k |
12.0yrs
Average Tenure
72yo
Average Age
Experienced Board: 5CA's board of directors are seasoned and experienced ( 12 years average tenure).