Canadian Solar Management

Management criteria checks 1/4

Canadian Solar's CEO is Shawn Qu, appointed in Oct 2001, has a tenure of 23.08 years. total yearly compensation is $961.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 20.96% of the company’s shares, worth MX$3.38B. The average tenure of the management team and the board of directors is 1.3 years and 4.8 years respectively.

Key information

Shawn Qu

Chief executive officer

US$961.0k

Total compensation

CEO salary percentage	100.0%
CEO tenure	23.1yrs
CEO ownership	21.0%
Management average tenure	1.3yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Shawn Qu's remuneration changed compared to Canadian Solar's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	US$37m
Mar 31 2024	n/a	n/a	US$203m
Dec 31 2023	US$961k	US$961k	US$274m

Compensation vs Market: Shawn's total compensation ($USD961.00K) is above average for companies of similar size in the MX market ($USD294.90K).

Compensation vs Earnings: Insufficient data to compare Shawn's compensation with company performance.

CEO

Shawn Qu (60 yo)

23.1yrs

Tenure

US$961,000

Compensation

Dr. Xiaohua Qu, also known as Shawn, Founded Canadian Solar Inc. in October 2001 and serves as its Chief Executive Officer and Chairman since October 2001. He serves as the President and Director of Canadi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Xiaohua Qu	Chairman	23.1yrs	US$961.00k	20.96% MX$ 3.4b
Yan Zhuang	President of CSI Solar & Director	12.5yrs	US$865.00k	0.11% MX$ 18.2m
Huifeng Chang	Senior VP	less than a year	US$541.00k	0.075% MX$ 12.1m
Xinbo Zhu	Senior VP & CFO	less than a year	no data	no data
Wina Huang	Head of Investor Relations	no data	no data	no data
Jeffrey Kalikow	Interim Chief Compliance Officer	1.3yrs	no data	no data
Ed Job	Managing Director of Investor Relations	no data	no data	no data
Ismael Arias	Chief Executive Officer of Recurrent Energy	less than a year	no data	no data
Kah Tham	Corporate Secretary & Corporate Controller	1.3yrs	no data	no data
Mary Ma	Senior Supervisor of Investor Relations	no data	no data	no data
Zhang Zhang	Director of Investor Relations & Strategic Analysis	no data	no data	no data

1.3yrs

Average Tenure

58yo

Average Age

Experienced Management: CSIQ N's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Xiaohua Qu	Chairman	23.1yrs	US$961.00k	20.96% MX$ 3.4b
Yan Zhuang	President of CSI Solar & Director	4.2yrs	US$865.00k	0.11% MX$ 18.2m
Huifeng Chang	Senior VP	4.2yrs	US$541.00k	0.075% MX$ 12.1m
Li Hsien Chang	Lead Independent Director	4.2yrs	no data	0.017% MX$ 2.8m
Harry Ruda	Independent Director	13.3yrs	no data	0% MX$ 0
Luen Cheung Wong	Independent Director	10.3yrs	no data	0.0046% MX$ 750.5k
Lauren Templeton	Independent Director	4.8yrs	no data	0% MX$ 0

4.8yrs

Average Tenure

60yo

Average Age

Experienced Board: CSIQ N's board of directors are considered experienced (4.8 years average tenure).

Canadian Solar Management

Management criteria checks 1/4

Key information

Recent management updates

Insufficient new directors

Insufficient new directors

Insufficient new directors

Canadian Solar Inc., Annual General Meeting, Jun 21, 2024

Insufficient new directors

Canadian Solar Inc. Announces Chief Financial Officer Changes

Recent updates

Insufficient new directors

Second quarter 2024 earnings released: EPS: US$0.058 (vs US$2.62 in 2Q 2023)

Insufficient new directors

Canadian Solar Inc. announced that it expects to receive $200 million in funding from PAG

Insufficient new directors

Canadian Solar to Present New EP Cube, Showcasing Advanced Safety, At Intersolar in Munich

Canadian Solar Inc., Annual General Meeting, Jun 21, 2024

Investor sentiment improves as stock rises 22%

Insufficient new directors

Canadian Solar Inc. Announces Chief Financial Officer Changes

Full year 2023 earnings released: EPS: US$4.19 (vs US$3.73 in FY 2022)

Insufficient new directors

Maxeon Solar Technologies Initiates TOPCon Patent Infringement Lawsuit Against Canadian Solar Inc

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$4.19 (vs US$3.73 in FY 2022)

Canadian Solar Inc. Reiterates Production Guidance for the Year 2024; Provides Revenue Guidance for the Year 2024

New major risk - Revenue and earnings growth

Insufficient new directors

Insufficient new directors

Third quarter 2023 earnings released: EPS: US$0.33 (vs US$1.22 in 3Q 2022)

Canadian Solar Inc. Provides Earnings Guidance for the Fourth Quarter of 2023

Investor sentiment deteriorates as stock falls 21%

Canadian Solar Inc. Introduces EP Cube Lite, a New Grid-Tied Residential Energy Storage Solution at RE+ in Las Vegas

Canadian Solar Inc. Provides Earnings Guidance for the Third Quarter and Full Year of 2023

Second quarter 2023 earnings released: EPS: US$2.62 (vs US$1.16 in 2Q 2022)

Canadian Solar Inc. Announces Executive Changes

Canadian Solar Launches Its First Residential Energy Storage System Ep Cube At Intersolar Europe in Germany

An Unknown buyer acquired 100 MWp Azuma Kofuji Solar Project in Japan from Canadian Solar Inc. (NasdaqGS:CSIQ).

Canadian Solar Inc., Annual General Meeting, Jun 28, 2023

First quarter 2023 earnings released: EPS: US$1.30 (vs US$0.14 in 1Q 2022)

Canadian Solar Inc. Provides Earnings Guidance for the Second Quarter of the Year 2023

Full year 2022 earnings released: EPS: US$3.73 (vs US$1.55 in FY 2021)

Investor sentiment improves as stock rises 36%

High number of new directors

High number of new directors

Canadian Solar Inc. Provides Earnings Guidance for the Fourth Quarter of 2022

High number of new directors

Canadian Solar Inc. Provides Earnings Guidance for the Third Quarter of 2022

Second quarter 2022 earnings released: EPS: US$1.16 (vs US$0.19 in 2Q 2021)

High number of new directors

Investor sentiment improved over the past week

High number of new directors

Calenergy Resources (Australia) Limited acquired Suntop and Gunnedah 345 MWp Solar Farm from Canadian Solar Inc. (NasdaqGS:CSIQ).

Canadian Solar Inc. and Canadian Solar (USA) Inc. Settle Patent Litigation with Solaria

SPIC Brasil Energia Participacoes S.A. agreed to acquire 70% stake in 738 MWp solar project from Canadian Solar Inc. (NasdaqGS:CSIQ).

SPIC Brasil Energia Participacoes S.A. agreed to acquire 70% stake in 738 MWp solar project from Canadian Solar Inc. (NasdaqGS:CSIQ).

Canadian Solar Inc., Annual General Meeting, Jun 22, 2022

Canadian Solar Inc. Provides Earnings Guidance for the Full Year 2022

Maxeon Solar Technologies, Ltd. and Canadian Solar Inc. Announce Settlement Agreement Resolving Patent Infringement Lawsuit

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Investor sentiment improved over the past week

High number of new directors

High number of new directors

Investor sentiment deteriorated over the past week

Canadian Solar Inc. has completed a Follow-on Equity Offering.

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS US$0.56 (vs US$0.15 in 3Q 2020)

High number of new directors

High number of new directors

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS US$0.19 (vs US$0.35 in 2Q 2020)

Investor sentiment improved over the past week

Canadian Solar Inc. Provides Earnings Guidance for the Second Quarter of 2021 and Reaffirms Earnings Guidance for the Full Year 2021

First quarter 2021 earnings released: EPS US$0.38 (vs US$1.86 in 1Q 2020)

Investor sentiment deteriorated over the past week

Full year 2020 earnings released: EPS US$2.46 (vs US$2.88 in FY 2019)

Full year 2020 earnings released: EPS US$2.46 (vs US$2.88 in FY 2019)

Canadian Solar Inc. Provides Operating and Revenue Guidance for the First Quarter of 2021; Reiterates Operating and Revenue Guidance for the Full Year of 2021

Canadian Solar Infrastructure Fund, Inc. (TSE:9284), a fund managed by Canadian Solar Asset Management K.K., acquired 61 MWp Solar Portfolio in Japan from Canadian Solar Inc. (NasdaqGS:CSIQ) for JPY 30.6 billion.