Western Forest Products Management
Management criteria checks 2/4
Western Forest Products' CEO is J. Hofer, appointed in Sep 2022, has a tenure of 2.25 years. total yearly compensation is CA$1.88M, comprised of 39.9% salary and 60.1% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth €174.64K. The average tenure of the management team and the board of directors is 5.9 years and 2.8 years respectively.
Key information
J. Hofer
Chief executive officer
CA$1.9m
Total compensation
| CEO salary percentage | 39.9% |
| CEO tenure | 2.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 5.9yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -CA$44m |
| Jun 30 2024 | n/a | n/a | -CA$42m |
| Mar 31 2024 | n/a | n/a | -CA$59m |
| Dec 31 2023 | CA$2m | CA$750k | -CA$68m |
| Sep 30 2023 | n/a | n/a | -CA$76m |
| Jun 30 2023 | n/a | n/a | -CA$52m |
| Mar 31 2023 | n/a | n/a | CA$7m |
| Dec 31 2022 | CA$3m | CA$239k | CA$62m |
Compensation vs Market: J.'s total compensation ($USD1.31M) is above average for companies of similar size in the German market ($USD469.36K).
Compensation vs Earnings: J.'s compensation has been consistent with company performance over the past year.
CEO
J. Hofer (54 yo)
2.3yrs
Tenure
CA$1,879,319
Compensation
Mr. J. Steven Hofer serves as President, Chief Executive Officer & Non-Independent Director at Western Forest Products Inc. since September 07, 2022. He served as Senior Vice President of U.S. Northwest Op...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | CA$1.88m | 0.21% € 174.6k | |
| VP, General Counsel & Corporate Secretary | 8.6yrs | CA$605.77k | no data | |
| Senior Vice President of Sales | 5.9yrs | CA$837.78k | 0.015% € 12.7k | |
| Senior Vice President of Human Resources & Corporate Affairs | 9yrs | CA$762.61k | 0.039% € 33.1k | |
| Executive Vice President | less than a year | CA$1.19m | 0.12% € 98.7k | |
| Chief Financial Officer | less than a year | no data | 0.064% € 54.3k | |
| Senior Director of Communications | no data | no data | no data | |
| Treasurer | 20.4yrs | no data | no data |
5.9yrs
Average Tenure
Experienced Management: NWF's management team is seasoned and experienced (5.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.3yrs | CA$1.88m | 0.21% € 174.6k | |
| Independent Director | 1.8yrs | CA$149.80k | 0.038% € 32.0k | |
| Independent Director | 1.8yrs | CA$140.47k | 0.027% € 22.8k | |
| Independent Director | 5.8yrs | CA$192.94k | 0.15% € 126.7k | |
| Independent Director | 3.8yrs | CA$179.79k | 0.036% € 30.3k | |
| Independent Chairman of the Board | 10.6yrs | CA$261.33k | 0.089% € 75.2k | |
| Independent Director | 2.8yrs | CA$173.83k | 0.0063% € 5.3k |
2.8yrs
Average Tenure
64yo
Average Age
Experienced Board: NWF's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Western Forest Products Inc. is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Kennedy | CIBC Capital Markets |
| Stephen Atkinson | Eight Capital |
| Daryl Swetlishoff | Raymond James Ltd. |