Chorus Aviation Management

Management criteria checks 3/4

Chorus Aviation's CEO is Colin Copp, appointed in Mar 2023, has a tenure of 1.67 years. total yearly compensation is CA$2.56M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.058% of the company’s shares, worth €263.32K. The average tenure of the management team and the board of directors is 5.5 years and 3.4 years respectively.

Key information

Colin Copp

Chief executive officer

CA$2.6m

Total compensation

CEO salary percentage	27.4%
CEO tenure	1.7yrs
CEO ownership	0.06%
Management average tenure	5.5yrs
Board average tenure	3.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Colin Copp's remuneration changed compared to Chorus Aviation's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	CA$36m
Jun 30 2024	n/a	n/a	CA$45m
Mar 31 2024	n/a	n/a	CA$50m
Dec 31 2023	CA$3m	CA$700k	CA$66m
Sep 30 2023	n/a	n/a	CA$81m
Jun 30 2023	n/a	n/a	CA$64m
Mar 31 2023	n/a	n/a	CA$12m
Dec 31 2022	CA$5m	CA$547k	CA$26m
Sep 30 2022	n/a	n/a	-CA$142k
Jun 30 2022	n/a	n/a	-CA$27m
Mar 31 2022	n/a	n/a	CA$41m
Dec 31 2021	CA$1m	CA$468k	-CA$20m
Sep 30 2021	n/a	n/a	-CA$21m
Jun 30 2021	n/a	n/a	CA$13m
Mar 31 2021	n/a	n/a	CA$21m
Dec 31 2020	CA$1m	CA$357k	CA$41m
Sep 30 2020	n/a	n/a	CA$69m
Jun 30 2020	n/a	n/a	CA$73m
Mar 31 2020	n/a	n/a	CA$82m
Dec 31 2019	CA$2m	CA$446k	CA$133m
Sep 30 2019	n/a	n/a	CA$99m
Jun 30 2019	n/a	n/a	CA$118m
Mar 31 2019	n/a	n/a	CA$96m
Dec 31 2018	CA$1m	CA$420k	CA$67m
Sep 30 2018	n/a	n/a	CA$85m
Jun 30 2018	n/a	n/a	CA$121m
Mar 31 2018	n/a	n/a	CA$146m
Dec 31 2017	CA$1m	CA$400k	CA$167m

Compensation vs Market: Colin's total compensation ($USD1.82M) is above average for companies of similar size in the German market ($USD1.03M).

Compensation vs Earnings: Colin's compensation has been consistent with company performance over the past year.

CEO

Colin Copp (58 yo)

1.7yrs

Tenure

CA$2,555,480

Compensation

Mr. Colin L. Copp serves as Chief Executive Officer, President and Director since March 3, 2023 at Chorus Aviation Inc. He served as Chief Operating Officer at Chorus Aviation Inc. since March 11, 2019 unt...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Colin Copp	President	1.7yrs	CA$2.56m	0.058% € 263.3k
Gary Osborne	Chief Financial Officer	5.5yrs	CA$1.17m	0.032% € 144.0k
Dennis M. Lopes	Senior VP	8.3yrs	CA$1.17m	0.065% € 294.7k
M. Mahody	Executive VP & Chief Strategy Officer	5.5yrs	CA$1.44m	0.15% € 668.4k
Jeremy Barnes	Chief Executive Officer of Falko Regional Aircraft	1.8yrs	CA$2.06m	no data
Tyrone Cotie	Vice President of Treasury & Investor Relations	8.1yrs	no data	0.025% € 112.8k
Jill McKim	Vice President of Legal & Compliance	less than a year	no data	0.0011% € 5.1k
Laurel Clark	Vice President of Corporate Human Resources	9.1yrs	no data	0.042% € 188.2k
James Peddle	Chief Operating Officer of Chorus Aviation Capital	no data	CA$1.25m	no data
Lynne McMullen	President of Cygnet Aviation Academy	2.8yrs	no data	no data
Randolph deGooyer	President of Jazz Aviation LP	5.7yrs	no data	0.0070% € 31.6k
Cory Cousineau	President of Voyageur Aviation	3.1yrs	no data	no data

5.5yrs

Average Tenure

Experienced Management: 1H0's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Colin Copp	President	1.7yrs	CA$2.56m	0.058% € 263.3k
R. Hannahs	Independent Director	9.3yrs	CA$238.27k	no data
Paul Rivett	Independent Chairman	3.4yrs	CA$276.11k	0.16% € 737.9k
Alan Jenkins	Independent Director	3.4yrs	CA$253.94k	no data
Amos Kazzaz	Director	4.4yrs	CA$169.86k	no data
Karen Cramm	Independent Director	13.9yrs	CA$193.11k	no data
Marie-Lucie Morin	Independent Director	8.8yrs	CA$188.11k	0.0065% € 29.5k
David Levenson	Independent Director	2.5yrs	CA$174.36k	0.13% € 570.8k
Chih-Chieh Yu	Independent Director	2.5yrs	CA$241.72k	no data
Gail Hamilton	Independent Director	3.4yrs	CA$181.24k	0.015% € 67.5k

3.4yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 1H0's board of directors are considered experienced (3.4 years average tenure).

Chorus Aviation Management

Management criteria checks 3/4

Key information

Recent management updates

Independent Chairman recently bought €233k worth of stock

Independent Director recently bought €250k worth of stock

Chorus Aviation Inc., Annual General Meeting, Jun 26, 2024

Independent Director recently bought €68k worth of stock

Independent Director recently bought €65k worth of stock

High number of new directors

Recent updates

New minor risk - Earnings quality

Third quarter 2024 earnings released: EPS: CA$0.10 (vs CA$0.04 in 3Q 2023)

Independent Chairman recently bought €233k worth of stock

Independent Director recently bought €250k worth of stock

Second quarter 2024 earnings released: EPS: CA$0.003 (vs CA$0.053 in 2Q 2023)

New major risk - Revenue and earnings growth

Investor sentiment improves as stock rises 17%

HPS Investment Partners, LLC entered into an agreement to acquire Chorus Aviation Capital Corp. from Chorus Aviation Inc. (TSX:CHR) for approximately CAD 1.9 billion.

Investor sentiment improves as stock rises 23%

First quarter 2024 earnings released

Chorus Aviation Inc., Annual General Meeting, Jun 26, 2024

Chorus Aviation Inc. to Report Q3, 2024 Results on Nov 06, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: CA$0.34 (vs CA$0.13 in FY 2022)

New minor risk - Share price stability

Investor sentiment improves as stock rises 18%

Chorus Aviation Inc. Provides Unaudited Consolidated Earnings Guidance for the Year Ending December 31, 2023

Third quarter 2023 earnings released: EPS: CA$0.04 (vs CA$0.064 in 3Q 2022)

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: CA$0.05 (vs CA$0.24 loss in 2Q 2022)

Independent Director recently bought €68k worth of stock

First quarter 2023 earnings released: EPS: CA$0.11 (vs CA$0.13 in 1Q 2022)

Chorus Aviation Inc. Provides Earnings Guidance for the Year Ending December 31, 2023

Independent Director recently bought €65k worth of stock

Full year 2022 earnings released: EPS: CA$0.13 (vs CA$0.12 loss in FY 2021)

Chorus Aviation Inc. Provides Earnings Guidance for the Year Ending December 31, 2023

High number of new directors

Third quarter 2022 earnings released: EPS: CA$0.06 (vs CA$0.079 loss in 3Q 2021)

Chorus Aviation Inc. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2022

Chorus Aviation Inc. Announces President Succession

Second quarter 2022 earnings released: CA$0.24 loss per share (vs CA$0.12 profit in 2Q 2021)

High number of new directors

First quarter 2022 earnings released: EPS: CA$0.13 (vs CA$0.23 loss in 1Q 2021)

Chorus Aviation Inc. Announces Board Changes

Chorus Aviation Inc., Annual General Meeting, Jun 27, 2022

Chorus Aviation Inc. announced that it expects to receive $373.988574 million in funding from Brookfield Asset Management Inc.

Chorus Aviation Inc. to Report Q3, 2022 Results on Nov 09, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2021 earnings released

Second quarter 2021 earnings released

High number of new directors

Independent Director Richard McCoy has left the company

Independent Director Margaret Clandillon has left the company

Insider recently sold €60k worth of stock

Investor sentiment improved over the past week

First quarter 2021 earnings released

First quarter 2021 earnings released

Chorus Aviation Inc. announced that it has received CAD 30.000002 million in funding from Alberta Investment Management Corporation, NordStar Capital LP

Chorus Aviation Inc. announced that it expects to receive CAD 30.000002 million in funding from Alberta Investment Management Corporation, NordStar Capital LP

New 90-day high: €3.20

Chorus Aviation Inc., Annual General Meeting, May 13, 2021

Full year 2020 earnings released: EPS CA$0.26 (vs CA$0.85 in FY 2019)

Revenue beats expectations

Chorus Aviation Delivers Two Airbus A220-300 Aircraft to airBaltic

New 90-day high: €2.94

Market bids up stock over the past week

New 90-day high: €2.72

Revenue misses expectations

Third quarter 2020 earnings released: EPS CA$0.13

Chorus Aviation Inc. to Report Q3, 2020 Results on Nov 11, 2020

Chorus Aviation Delivers Third Airbus A220-300 Aircraft to airBaltic

Chorus Aviation Inc. Not Provides Earnings Guidance

Earnings released

New 90-day low - €1.52

Chorus Aviation Inc.(TSX:CHR) dropped from S&P/TSX Composite Index

CEO Compensation Analysis

CEO

Tenure

Compensation