Empire Company Limited

BMV:EMPA1 N Stock Report

Market Cap: Mex$124.0b

Empire Management

Management criteria checks 3/4

Empire's CEO is Mike Medline, appointed in Jan 2017, has a tenure of 6.25 years. total yearly compensation is CA$8.65M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.049% of the company’s shares, worth MX$61.26M. The average tenure of the management team and the board of directors is 3.9 years and 10.8 years respectively.

Key information

Mike Medline

Chief executive officer

CA$8.7m

Total compensation

CEO salary percentage14.7%
CEO tenure6.3yrs
CEO ownership0.05%
Management average tenure3.9yrs
Board average tenure10.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Medline's remuneration changed compared to Empire's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 04 2023n/an/a

CA$682m

Nov 05 2022n/an/a

CA$759m

Aug 06 2022n/an/a

CA$745m

May 07 2022CA$9mCA$1m

CA$746m

Jan 29 2022n/an/a

CA$739m

Oct 30 2021n/an/a

CA$712m

Jul 31 2021n/an/a

CA$698m

May 01 2021CA$7mCA$1m

CA$702m

Jan 30 2021n/an/a

CA$707m

Oct 31 2020n/an/a

CA$652m

Aug 01 2020n/an/a

CA$645m

May 02 2020CA$13mCA$1m

CA$584m

Feb 01 2020n/an/a

CA$528m

Nov 02 2019n/an/a

CA$473m

Aug 03 2019n/an/a

CA$422m

May 04 2019CA$5mCA$1m

CA$387m

Feb 02 2019n/an/a

CA$336m

Nov 03 2018n/an/a

CA$329m

Aug 04 2018n/an/a

CA$201m

May 05 2018CA$6mCA$900k

CA$160m

Feb 03 2018n/an/a

CA$118m

Nov 04 2017n/an/a

CA$90m

Aug 05 2017n/an/a

CA$147m

May 06 2017CA$2mCA$280k

CA$159m

Compensation vs Market: Mike's total compensation ($USD6.38M) is above average for companies of similar size in the MX market ($USD2.75M).

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

CEO

Mike Medline (59 yo)

6.3yrs

Tenure

CA$8,651,285

Compensation

Mr. Michael Bennett Medline, also known as Mike, has been the Chief Executive Officer and President of Empire Company Limited since January 12, 2017. Mr. Medline has been Chief Executive Officer and Presid...

Leadership Team

NamePositionTenureCompensationOwnership
Michael Medline
President6.3yrsCA$8.65m0.049%
MX$ 61.3m
Matt Reindel
Executive VP & CFO1.5yrsCA$1.82m0.0013%
MX$ 1.6m
Pierre St-Laurent
Executive VP & COO3.9yrsCA$3.67m0.0051%
MX$ 6.4m
Simon Gagné
Executive VP & Chief Human Resources Officerno dataCA$2.11mno data
Vivek Sood
Executive Vice President of Related Businessesno dataCA$1.49m0.00067%
MX$ 830.7k
Katie Brine
Director of Investor Relationsno datano datano data
Douglas Nathanson
Executive VPno datano data0.0072%
MX$ 8.9m
Jacquelin Weatherbee
Vice President of Communications & Corporate Affairsno datano datano data
Sandra Sanderson
Senior Vice President of Marketingno datano data0.0019%
MX$ 2.3m
Mohit Grover
Senior Vice President of Innovationno datano datano data
Sarah Joyce
Senior Vice President of E-commerceno datano datano data
John Morrow
VP & Comptrollerno datano datano data

3.9yrs

Average Tenure

Experienced Management: EMPA1 N's management team is considered experienced (3.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Michael Medline
President6.1yrsCA$8.65m0.049%
MX$ 61.3m
Susan Lee
Independent Director9.3yrsCA$220.00k0.0025%
MX$ 3.1m
Martine Turcotte
Independent Director11.3yrsCA$240.00k0.0045%
MX$ 5.5m
William Linton
Independent Director8.3yrsCA$250.00k0.0067%
MX$ 8.3m
Robert G. Sobey
Independent Director25.3yrsCA$225.00k0.0029%
MX$ 3.6m
Paul Sobey
Independent Director30.3yrsCA$220.00kno data
Frank Sobey
Independent Director16.3yrsCA$220.00k0.53%
MX$ 661.2m
Karl Sobey
Independent Director22.3yrsCA$220.00kno data
James Dickson
Independent Chairman7.6yrsCA$450.00k0.0087%
MX$ 10.7m
John Sobey
Independent Director44.3yrsCA$220.00kno data
Cynthia Devine
Independent Director10.3yrsCA$235.87k0.0012%
MX$ 1.5m
Sharon Driscoll
Independent Director5.3yrsCA$239.14kno data

10.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: EMPA1 N's board of directors are seasoned and experienced ( 10.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/04/28 21:09
End of Day Share Price 2023/01/29 00:00
Earnings2023/02/04
Annual Earnings2022/05/07

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Empire Company Limited is covered by 21 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James DurranBarclays
Philip BassilBeacon Securities Limited
Tamy ChenBMO Capital Markets Equity Research