FirstService Management
Management criteria checks 2/4
FirstService's CEO is D. Patterson, appointed in Sep 2003, has a tenure of 21.33 years. total yearly compensation is $6.63M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth €10.14M. The average tenure of the management team and the board of directors is 9.6 years and 8 years respectively.
Key information
D. Patterson
Chief executive officer
US$6.6m
Total compensation
| CEO salary percentage | 12.6% |
| CEO tenure | 21.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 9.6yrs |
| Board average tenure | 8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$108m |
| Jun 30 2024 | n/a | n/a | US$80m |
| Mar 31 2024 | n/a | n/a | US$91m |
| Dec 31 2023 | US$7m | US$833k | US$100m |
| Sep 30 2023 | n/a | n/a | US$132m |
| Jun 30 2023 | n/a | n/a | US$134m |
| Mar 31 2023 | n/a | n/a | US$123m |
| Dec 31 2022 | US$4m | US$811k | US$121m |
| Sep 30 2022 | n/a | n/a | US$114m |
| Jun 30 2022 | n/a | n/a | US$125m |
| Mar 31 2022 | n/a | n/a | US$127m |
| Dec 31 2021 | US$8m | US$802k | US$135m |
| Sep 30 2021 | n/a | n/a | US$126m |
| Jun 30 2021 | n/a | n/a | US$113m |
| Mar 31 2021 | n/a | n/a | US$104m |
| Dec 31 2020 | US$6m | US$410k | US$87m |
| Sep 30 2020 | n/a | n/a | US$70m |
| Jun 30 2020 | n/a | n/a | US$58m |
| Mar 31 2020 | n/a | n/a | -US$249m |
| Dec 31 2019 | US$5m | US$614k | -US$252m |
| Sep 30 2019 | n/a | n/a | -US$246m |
| Jun 30 2019 | n/a | n/a | -US$240m |
| Mar 31 2019 | n/a | n/a | US$62m |
| Dec 31 2018 | US$4m | US$608k | US$66m |
Compensation vs Market: D.'s total compensation ($USD6.63M) is above average for companies of similar size in the German market ($USD3.29M).
Compensation vs Earnings: D.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
D. Patterson (63 yo)
21.3yrs
Tenure
US$6,633,400
Compensation
Mr. D. Scott Patterson has been the Chief Executive Officer of FirstService Corporation since June 01, 2015 and serves as its President. Pre-spin-off, Mr. Patterson was the President and Chief Operating Of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Independent Chairman of the Board | 9.6yrs | US$308.50k | 5.94% € 474.4m | |
| President | 21.3yrs | US$6.63m | 0.13% € 10.1m | |
| Chief Financial Officer | 9.6yrs | US$3.86m | 0.51% € 40.9m | |
| Senior Vice President of Technology | 3yrs | US$2.17m | no data | |
| Senior Vice President of Strategy & Corporate Development | 9.6yrs | US$2.61m | no data | |
| Senior VP | 9.6yrs | US$2.61m | 0.58% € 46.2m | |
| Director of Marketing & Communications of FirstService Residential Ontario | no data | no data | no data | |
| Senior Vice President of Tax | 1.9yrs | no data | no data | |
| CEO & President of FirstService Brands | 15yrs | no data | no data | |
| Chief Executive Officer of FirstService Residential | 3.4yrs | no data | no data |
9.6yrs
Average Tenure
59yo
Average Age
Experienced Management: 1GIA's management team is seasoned and experienced (9.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Independent Chairman of the Board | 9.6yrs | US$308.50k | 5.94% € 474.4m | |
| President | 9.6yrs | US$6.63m | 0.13% € 10.1m | |
| Independent Director | 9.6yrs | US$535.75k | 0.056% € 4.5m | |
| Independent Director | 2.8yrs | US$543.75k | 0.0015% € 118.3k | |
| Independent Director | 3.7yrs | US$540.50k | no data | |
| Independent Director | 2.6yrs | US$542.75k | 0.0022% € 177.4k | |
| Independent Director | 9.3yrs | US$542.75k | 0.035% € 2.8m | |
| Independent Director | 6.7yrs | US$568.25k | 0.0061% € 486.6k |
8.0yrs
Average Tenure
64yo
Average Age
Experienced Board: 1GIA's board of directors are considered experienced (8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 08:25 |
| End of Day Share Price | 2025/01/03 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 |
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| 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
FirstService Corporation is covered by 20 analysts. 7 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 |
|---|---|
| Will Chien | Accountability Research Corporation |
| null null | BMO Capital Markets Equity Research |
| Stephen MacLeod | BMO Capital Markets Equity Research |