Issuer Direct Management
Management criteria checks 2/4
Issuer Direct's CEO is Brian Balbirnie, appointed in Feb 2006, has a tenure of 18.83 years. total yearly compensation is $849.80K, comprised of 33.5% salary and 66.5% bonuses, including company stock and options. directly owns 16.16% of the company’s shares, worth €5.35M. The average tenure of the management team and the board of directors is 3.6 years and 9 years respectively.
Key information
Brian Balbirnie
Chief executive officer
US$849.8k
Total compensation
| CEO salary percentage | 33.5% |
| CEO tenure | 18.8yrs |
| CEO ownership | 16.2% |
| Management average tenure | 3.6yrs |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$1m |
| Jun 30 2024 | n/a | n/a | -US$585k |
| Mar 31 2024 | n/a | n/a | US$771k |
| Dec 31 2023 | US$850k | US$285k | US$766k |
| Sep 30 2023 | n/a | n/a | US$1m |
| Jun 30 2023 | n/a | n/a | US$2m |
| Mar 31 2023 | n/a | n/a | US$1m |
| Dec 31 2022 | US$215k | US$210k | US$2m |
| Sep 30 2022 | n/a | n/a | US$3m |
| Jun 30 2022 | n/a | n/a | US$3m |
| Mar 31 2022 | n/a | n/a | US$3m |
| Dec 31 2021 | US$299k | US$208k | US$3m |
| Sep 30 2021 | n/a | n/a | US$3m |
| Jun 30 2021 | n/a | n/a | US$3m |
| Mar 31 2021 | n/a | n/a | US$2m |
| Dec 31 2020 | US$300k | US$200k | US$2m |
| Sep 30 2020 | n/a | n/a | US$2m |
| Jun 30 2020 | n/a | n/a | US$1m |
| Mar 31 2020 | n/a | n/a | US$707k |
| Dec 31 2019 | US$200k | US$200k | US$686k |
| Sep 30 2019 | n/a | n/a | US$682k |
| Jun 30 2019 | n/a | n/a | US$568k |
| Mar 31 2019 | n/a | n/a | US$722k |
| Dec 31 2018 | US$218k | US$200k | US$837k |
| Sep 30 2018 | n/a | n/a | US$2m |
| Jun 30 2018 | n/a | n/a | US$2m |
| Mar 31 2018 | n/a | n/a | US$2m |
| Dec 31 2017 | US$227k | US$195k | US$2m |
Compensation vs Market: Brian's total compensation ($USD849.80K) is above average for companies of similar size in the German market ($USD467.65K).
Compensation vs Earnings: Brian's compensation has increased whilst the company is unprofitable.
CEO
Brian Balbirnie (53 yo)
18.8yrs
Tenure
US$849,800
Compensation
Mr. Brian R. Balbirnie co-founded Issuer Direct Corporation in 2006. Mr. Balbirnie serves as the President, CEO, Chairman & Director of Issuer Direct Corporation from July 1, 2024. Mr. Balbirnie was Founde...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 18.8yrs | US$849.80k | 16.16% € 5.4m | |
| Chief Technology Officer | 1.9yrs | US$1.18m | 0.026% € 8.6k | |
| CFO, Controller & Interim Principal Accounting Officer | 2.9yrs | US$226.24k | 0.62% € 203.8k | |
| Director of Operations | no data | no data | no data | |
| Executive Vice President of Sales & Marketing | 3.6yrs | no data | no data | |
| Director of Human Resources | 5.8yrs | no data | no data |
3.6yrs
Average Tenure
53yo
Average Age
Experienced Management: IDE's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.9yrs | US$849.80k | 16.16% € 5.4m | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 14.5yrs | US$165.28k | no data | |
| Independent Director | 3.5yrs | US$103.00k | 1.53% € 506.4k |
9.0yrs
Average Tenure
53yo
Average Age
Experienced Board: IDE's board of directors are considered experienced (9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 07:18 |
| End of Day Share Price | 2024/10/29 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 |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Issuer Direct Corporation is covered by 1 analysts. 1 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 |
|---|---|
| Michael Grondahl | Northland Capital Markets |