Dollarama Management

Management criteria checks 2/4

Dollarama's CEO is Neil Rossy, appointed in May 2016, has a tenure of 7.92 years. total yearly compensation is CA$10.63M, comprised of 12.4% salary and 87.6% bonuses, including company stock and options. directly owns 0.54% of the company’s shares, worth €118.10M. The average tenure of the management team and the board of directors is 3.3 years and 13.1 years respectively.

Key information

Neil Rossy

Chief executive officer

CA$10.6m

Total compensation

CEO salary percentage	12.4%
CEO tenure	7.9yrs
CEO ownership	0.5%
Management average tenure	3.3yrs
Board average tenure	13.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Neil Rossy's remuneration changed compared to Dollarama's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 28 2024	n/a	n/a	CA$1b
Oct 29 2023	n/a	n/a	CA$948m
Jul 30 2023	n/a	n/a	CA$889m
Apr 30 2023	n/a	n/a	CA$836m
Jan 29 2023	CA$11m	CA$1m	CA$802m
Oct 30 2022	n/a	n/a	CA$761m
Jul 31 2022	n/a	n/a	CA$742m
May 01 2022	n/a	n/a	CA$695m
Jan 30 2022	n/a	n/a	CA$663m
Oct 31 2021	n/a	n/a	CA$617m
Aug 01 2021	n/a	n/a	CA$596m
May 02 2021	n/a	n/a	CA$592m
Jan 31 2021	CA$7m	CA$1m	CA$564m
Nov 01 2020	n/a	n/a	CA$569m
Aug 02 2020	n/a	n/a	CA$546m
May 03 2020	n/a	n/a	CA$547m
Feb 02 2020	n/a	n/a	CA$564m
Nov 03 2019	n/a	n/a	CA$556m
Aug 04 2019	n/a	n/a	CA$550m
May 05 2019	n/a	n/a	CA$547m
Feb 03 2019	CA$4m	CA$1m	CA$545m
Oct 28 2018	n/a	n/a	CA$537m
Jul 29 2018	n/a	n/a	CA$535m
Apr 29 2018	n/a	n/a	CA$526m
Jan 28 2018	CA$4m	CA$900k	CA$519m

Compensation vs Market: Neil's total compensation ($USD7.72M) is above average for companies of similar size in the German market ($USD5.58M).

Compensation vs Earnings: Neil's compensation has increased by more than 20% in the past year.

CEO

Neil Rossy (53 yo)

7.9yrs

Tenure

CA$10,627,929

Compensation

Mr. Neil Rossy has been the Chief Executive Officer and President of Dollarama Inc. since May 1, 2016. Mr. Rossy served as Chief Merchandising Officer at Dollarama Inc. since 2004 until April 2016 and its...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Neil Rossy	CEO, President & Director	7.9yrs	CA$10.63m	0.54% CA$ 118.1m
Johanne Choinière	Chief Operating Officer	9.9yrs	CA$2.69m	0.18% CA$ 40.2m
Nicolas Hien	Chief Information Officer	3.2yrs	CA$1.76m	0.0019% CA$ 408.0k
Geoffrey Robillard	Senior Vice President of Import Division	20.3yrs	CA$2.07m	no data
Laurence Rossy	Founder & Chairman Emeritus	32.3yrs	CA$689.62k	0.64% CA$ 140.7m
Patrick Bui	Chief Financial Officer	less than a year	no data	no data
Laurence L'Abbe	Senior VP of Legal Affairs & Corporate Secretary	2.3yrs	no data	no data
Mark Di Pesa	Senior Vice President of Human Resources	3.3yrs	no data	no data
Michael Ross	Special Advisor	3.1yrs	CA$607.96k	no data
Jean-Philippe Durivage-Lachance	VP & Treasurer	no data	no data	no data

3.3yrs

Average Tenure

63.5yo

Average Age

Experienced Management: DR3's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Neil Rossy	CEO, President & Director	20.3yrs	CA$10.63m	0.54% CA$ 118.1m
Laurence Rossy	Founder & Chairman Emeritus	5.8yrs	CA$689.62k	0.64% CA$ 140.7m
Joshua Bekenstein	Independent Director	20.3yrs	CA$160.00k	0.017% CA$ 3.6m
Kristin Mugford	Independent Director	6.1yrs	CA$180.00k	no data
Stephen Gunn	Independent Chairman of the Board	14.5yrs	CA$330.00k	0.045% CA$ 10.0m
Samira Sakhia	Independent Director	2.8yrs	CA$160.00k	no data
Elisa Garcia C.	Independent Director	9.2yrs	CA$167.50k	no data
Nicholas Nomicos	Independent Director	20.3yrs	CA$160.00k	0.0043% CA$ 950.5k
Thecla Sweeney	Independent Director	1.1yrs	no data	no data
Gregory David	Non-Executive Director	20.3yrs	CA$150.00k	no data
John Thomas	Independent Director	13.1yrs	CA$177.50k	0.0029% CA$ 633.0k

13.1yrs

Average Tenure

60yo

Average Age

Experienced Board: DR3's board of directors are seasoned and experienced ( 13.1 years average tenure).

Dollarama Management

Management criteria checks 2/4

Key information

Recent management updates

Dollarama Inc., Annual General Meeting, Jun 12, 2024

Dollarama Inc. Appoints Patrick Bui as Chief Financial Officer, Effective December 18, 2023

Dollarama Announces Departure of J.P. Towner as Chief Financial Officer

Dollarama Announces Departure of J.P. Towner as Chief Financial Officer

Independent Director recently sold €119k worth of stock

Independent Director recently sold €176k worth of stock

Recent updates

Fourth quarter dividend of CA$0.092 announced

New minor risk - Financial position

Full year 2024 earnings released: EPS: CA$3.57 (vs CA$2.77 in FY 2023)

Dollarama Inc. Declares Quarterly Cash Dividend Payable on May 3, 2024

Dollarama Inc., Annual General Meeting, Jun 12, 2024

Dollarama Inc. to Report Q4, 2024 Results on Apr 04, 2024

Upcoming dividend of CA$0.071 per share at 0.3% yield

Third quarter 2024 earnings released: EPS: CA$0.92 (vs CA$0.70 in 3Q 2023)

Dollarama Inc. Revises Comparable Store Sales Guidance for the Fiscal Year 2024

Dollarama Inc. to Report Q3, 2024 Results on Dec 13, 2023

Dollarama Inc. Appoints Patrick Bui as Chief Financial Officer, Effective December 18, 2023

Upcoming dividend of CA$0.071 per share at 0.3% yield

Dollarama Inc. announced that it expects to receive CAD 500 million in funding

Dollarama Inc. Revises Comparable Store Sales Guidance for the Fiscal Year 2024

Second quarter 2024 earnings released: EPS: CA$0.86 (vs CA$0.67 in 2Q 2023)

Dollarama Inc. to Report Q2, 2024 Results on Sep 13, 2023

Dollarama Announces Departure of J.P. Towner as Chief Financial Officer

Dollarama Announces Departure of J.P. Towner as Chief Financial Officer

Upcoming dividend of CA$0.071 per share at 0.3% yield

First quarter 2024 earnings released: EPS: CA$0.63 (vs CA$0.50 in 1Q 2023)

Dollarama Inc. Approves Quarterly Cash Dividend, Payable on August 4, 2023

Upcoming dividend of CA$0.071 per share at 0.3% yield

Full year 2023 earnings released: EPS: CA$2.77 (vs CA$2.19 in FY 2022)

Now 21% undervalued after recent price drop

Upcoming dividend of CA$0.055 per share

Third quarter 2023 earnings released: EPS: CA$0.70 (vs CA$0.61 in 3Q 2022)

Dollarama Inc. Approves Quarterly Cash Dividend, Payable on February 3, 2023

Dollarama Inc. to Report Q3, 2023 Results on Dec 07, 2022

Independent Director recently sold €119k worth of stock

Independent Director recently sold €176k worth of stock

Dollarama Inc. announced that it expects to receive CAD 700 million in funding

Upcoming dividend of CA$0.055 per share

Second quarter 2023 earnings released: EPS: CA$0.67 (vs CA$0.48 in 2Q 2022)

Dollarama Inc. Revises Comparable Sales Guidance for the Fiscal Year 2023

Dollarama Inc. to Report Q2, 2023 Results on Sep 09, 2022

Dollarama Inc. announced that it expects to receive $700 million in funding

Upcoming dividend of CA$0.055 per share

First quarter 2023 earnings released: EPS: CA$0.50 (vs CA$0.37 in 1Q 2022)

Dollarama Inc. Announces Quarterly Cash Dividend, Payable on August 5, 2022

Dollarama Inc. to Report Q1, 2023 Results on Jun 08, 2022

Insider recently sold €958k worth of stock

Full year 2022 earnings released: EPS: CA$2.19 (vs CA$1.82 in FY 2021)

Dollarama Inc. Announces Quarterly Cash Dividend, Payable on May 6, 2022

Dollarama Inc. to Report Q4, 2022 Results on Mar 30, 2022

Insider recently sold €129k worth of stock

Upcoming dividend of CA$0.05 per share

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of CA$0.05 per share

Upcoming dividend of CA$0.05 per share

Second quarter 2022 earnings released

Upcoming dividend of CA$0.05 per share

Insider recently sold €4.6m worth of stock

Dollarama Inc. announced that it expects to receive CAD 750 million in funding

Independent Director Richard Roy has left the company

First quarter 2022 earnings released: EPS CA$0.37 (vs CA$0.28 in 1Q 2021)

Insider recently sold €2.6m worth of stock

Upcoming dividend of CA$0.05 per share

Full year 2021 earnings released: EPS CA$1.82 (vs CA$1.80 in FY 2020)

Dollarama Inc., Annual General Meeting, Jun 09, 2021

Dollarama Inc. to Report Q4, 2021 Results on Mar 31, 2021

Dollarama Inc. Does Not Provide Earnings Guidance for the Year 2021

Third quarter 2021 earnings released: EPS CA$0.52

Revenue beats expectations

New 90-day high: €34.40

Dollarama Inc. to Report Q3, 2021 Results on Dec 09, 2020

Dollarama Inc. Announces Management Changes

Dollarama Inc. Omits to Provide Financial Guidance for the Fiscal 2021

Dollarama Inc. to Report Q2, 2021 Results on Sep 02, 2020

CEO Compensation Analysis