Descartes Systems Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ed Ryan

Chief executive officer

US$8.5m

Total compensation

CEO salary percentage	6.9%
CEO tenure	10.8yrs
CEO ownership	n/a
Management average tenure	10.6yrs
Board average tenure	8.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ed Ryan's remuneration changed compared to Descartes Systems Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	US$128m
Apr 30 2024	n/a	n/a	US$121m
Jan 31 2024	US$8m	US$588k	US$116m
Oct 31 2023	n/a	n/a	US$114m
Jul 31 2023	n/a	n/a	US$114m
Apr 30 2023	n/a	n/a	US$108m
Jan 31 2023	US$6m	US$538k	US$102m
Oct 31 2022	n/a	n/a	US$92m
Jul 31 2022	n/a	n/a	US$91m
Apr 30 2022	n/a	n/a	US$91m
Jan 31 2022	US$6m	US$485k	US$86m
Oct 31 2021	n/a	n/a	US$84m
Jul 31 2021	n/a	n/a	US$72m
Apr 30 2021	n/a	n/a	US$59m
Jan 31 2021	US$5m	US$440k	US$52m
Oct 31 2020	n/a	n/a	US$46m
Jul 31 2020	n/a	n/a	US$43m
Apr 30 2020	n/a	n/a	US$41m
Jan 31 2020	US$3m	US$440k	US$37m
Oct 31 2019	n/a	n/a	US$33m
Jul 31 2019	n/a	n/a	US$32m
Apr 30 2019	n/a	n/a	US$32m
Jan 31 2019	US$3m	US$435k	US$31m
Oct 31 2018	n/a	n/a	US$30m
Jul 31 2018	n/a	n/a	US$28m
Apr 30 2018	n/a	n/a	US$27m
Jan 31 2018	US$2m	US$425k	US$27m

Compensation vs Market: Ed's total compensation ($USD8.46M) is above average for companies of similar size in the German market ($USD3.21M).

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

CEO

Ed Ryan (55 yo)

10.8yrs

Tenure

US$8,463,615

Compensation

Mr. Edward J. Ryan, also known as Ed, BA, has been the Chief Executive Officer of The Descartes Systems Group, Inc since November 26, 2013. Mr. Ryan served as the Chief Commercial Officer of Descartes Syst...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Edward Ryan	CEO & Director	10.8yrs	US$8.46m	no data
John Pagan	President & COO	10.8yrs	US$4.16m	0.26% $ 20.5m
Allan Brett	Chief Financial Officer	10.3yrs	US$3.46m	0.040% $ 3.2m
Kenneth Wood	Executive Vice President of Product Management	no data	US$1.09m	0% $ 0
Andrew Roszko	Chief Commercial Officer	3.3yrs	US$2.78m	no data
Raimond Diederik	Executive Vice President of Information Services	15yrs	US$218.25k	0.012% $ 922.5k
Peter Nguyen	Senior VP Legal	no data	no data	no data
Edward Gardner	Executive Vice President of Corporate Development	no data	no data	no data
Maija Michell	Senior Vice President of Human Resources	no data	no data	no data
Robert Parker	Executive Vice President of Customer Support & Client Services	no data	no data	no data
William Murphy	Executive VP of Professional Services	less than a year	no data	no data
Konrad Preuninger	Senior Account Executive	no data	no data	no data

10.6yrs

Average Tenure

Experienced Management: DC2's management team is seasoned and experienced (10.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Edward Ryan	CEO & Director	10.3yrs	US$8.46m	no data
John Walker	Independent Director	13yrs	US$271.25k	0.0063% $ 500.7k
Eric Demirian	Non-Executive Independent Chairman	13.3yrs	US$335.00k	0.0012% $ 92.3k
Sandra Hanington	Independent Director	2.3yrs	US$242.68k	0.0019% $ 152.2k
Jane O'Hagan	Independent Director	10.3yrs	US$259.00k	no data
Deepak Chopra	Independent Director	4.3yrs	US$252.50k	no data
Deborah Close	Independent Director	9.3yrs	US$255.50k	no data
Dennis Maple	Independent Director	7.3yrs	US$252.00k	no data
Kelley Irwin	Independent Director	2.3yrs	US$245.97k	no data
Chris Muntwyler	Independent Director	4.3yrs	US$250.25k	no data

8.3yrs

Average Tenure

63yo

Average Age

Experienced Board: DC2's board of directors are considered experienced (8.3 years average tenure).

Descartes Systems Group Management

Management criteria checks 2/4

Key information

Recent management updates

Non-Executive Independent Chairman recently sold €777k worth of stock

The Descartes Systems Group Inc., Annual General Meeting, Jun 13, 2024

Independent Director recently bought €114k worth of stock

Independent Director recently bought €53k worth of stock

The Descartes Systems Group Inc. Approves Director Changes

Chief Financial Officer recently bought €613k worth of stock

Recent updates

The Descartes Systems Group Inc. (TSX:DSG) acquired Assure Assist Inc. for $30 million.

The Descartes Systems Group Inc. (TSX:DSG) acquired Assure Assist Inc. for $30 million.

Second quarter 2025 earnings released: EPS: US$0.41 (vs US$0.33 in 2Q 2024)

The Descartes Systems Group Inc. to Report Q2, 2025 Results on Sep 04, 2024

Non-Executive Independent Chairman recently sold €777k worth of stock

The Descartes Systems Group Inc. (TSX:DSG) acquired Boxtop Technologies Limited for approximately £10.2 million.

First quarter 2025 earnings released: EPS: US$0.41 (vs US$0.35 in 1Q 2024)

The Descartes Systems Group Inc. to Report Q1, 2025 Results on May 29, 2024

The Descartes Systems Group Inc. (TSX:DSG) acquired Aerospace Software Developments for €57 million.

The Descartes Systems Group Inc. (TSX:DSG) acquired Aerospace Software Developments for €57 million.

Descartes Systems Group Announces the Availability of Descartes MacroPoint FraudGuard

The Descartes Systems Group Inc., Annual General Meeting, Jun 13, 2024

The Descartes Systems Group Inc. (TSX:DSG) acquired OCR Services, Inc. for $90 million.

Full year 2024 earnings released: EPS: US$1.36 (vs US$1.21 in FY 2023)

The Descartes Systems Group Inc. to Report Q4, 2024 Results on Mar 06, 2024

Third quarter 2024 earnings released: EPS: US$0.31 (vs US$0.31 in 3Q 2023)

The Descartes Systems Group Inc. to Report Q3, 2024 Results on Dec 05, 2023

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: US$0.33 (vs US$0.27 in 2Q 2023)

Now 20% undervalued after recent price drop

The Descartes Systems Group Inc. to Report Q2, 2024 Results on Sep 06, 2023

First quarter 2024 earnings released: EPS: US$0.35 (vs US$0.27 in 1Q 2023)

The Descartes Systems Group Inc. to Report Q1, 2024 Results on May 31, 2023

Full year 2023 earnings released: EPS: US$1.21 (vs US$1.02 in FY 2022)

The Descartes Systems Group Inc. (TSX:DSG) acquired GroundCloud for $218 million.

The Descartes Systems Group Inc. to Report Q4, 2023 Results on Mar 01, 2023

The Descartes Systems Group Inc. (TSX:DSG) acquired Supply Vision, Inc. for $15 million.

Third quarter 2023 earnings released: EPS: US$0.31 (vs US$0.30 in 3Q 2022)

Now 21% undervalued after recent price drop

The Descartes Systems Group Inc. to Report Q3, 2023 Results on Dec 07, 2022

Independent Director recently bought €114k worth of stock

Second quarter 2023 earnings released: EPS: US$0.27 (vs US$0.27 in 2Q 2022)

The Descartes Systems Group Inc. to Report Q2, 2023 Results on Sep 07, 2022

Independent Director recently bought €53k worth of stock

The Descartes Systems Group Inc. Approves Director Changes

The Descartes Systems Group Inc. (TSX:DSG) acquired XPS Ship, LLC for approximately $140 million.

First quarter 2023 earnings released: EPS: US$0.27 (vs US$0.22 in 1Q 2022)

The Descartes Systems Group Inc. to Report Q1, 2023 Results on Jun 01, 2022

The Descartes Systems Group Inc. (TSX:DSG) acquired FOXTROT for $4 million.

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

The Descartes Systems Group Inc (TSX:DSG) acquired NetCHB for $100 million.

The Descartes Systems Group Inc to Report Q4, 2022 Results on Mar 02, 2022

Now 22% undervalued after recent price drop

Chief Financial Officer recently bought €613k worth of stock

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

Insider recently sold €252k worth of stock

Second quarter 2022 earnings released: EPS US$0.27 (vs US$0.13 in 2Q 2021)

Insider recently sold €230k worth of stock

Swiss Beauty Retailer haar-shop.ch Increases Warehouse Productivity by Over 40% with Descartes Ecommerce Warehouse Management System

First quarter 2022 earnings released: EPS US$0.22 (vs US$0.13 in 1Q 2021)

Ocean Network Express (ONE) Launches Digital Freight Booking Platform Powered by Descartes Kontainers

The Descartes Systems Group Inc (TSX:DSG) acquired Portrix Logistic Software GmbH for approximately €22 million.

Universal Logistics Inc. Using Descartes Systems Group's Canadian Customs Brokerage™ Solution to Increase Customer Satisfaction and Improve Operational Effectiveness Through Automation of Labor-Intensive Customs Declarations Processes

Full year 2021 earnings released: EPS US$0.62 (vs US$0.45 in FY 2020)

Revenue beats expectations

The Descartes Systems Group Inc (TSX:DSG) acquired QuestaWeb, Inc. for $36 million.

KoRo Uses Descartes Ecommerce Warehouse Management Solution to Fulfill Surging Order Volumes

The Descartes Systems Group Inc to Report Q4, 2021 Results on Mar 03, 2021

Fresenius Medical Care Holdings, Inc. Enhances Nationwide Distribution of Home Dialysis Machines and Supplies with the Descartes Systems Group Inc Last Mile Delivery Solution

New 90-day high: €52.50

Worldwide Flight Services Deploys Descartes Systems Group's Bluetooth Tracking Technology for Real-Time Visibility of Premium Products and Improved ULD Utilization

Third quarter 2021 earnings released: EPS US$0.16

Revenue beats expectations

Freight Scouts Transforms Broker Operations with Cloud-Based Transportation Management and Load Tracking Visibility Solution from Descartes

The Descartes Systems Group Inc (TSX:DSG) acquired ShipTrack for CAD 50 million.

The Descartes Systems Group Inc to Report Q3, 2021 Results on Dec 02, 2020

The Descartes Systems Group Inc (TSX:DSG) acquired e-customs Ltd for £6.6 million.

Brook Furniture Rental Optimizes Delivery Appointment Scheduling with Descartes Home Delivery Solution