Ballard Power Systems Management
Management criteria checks 3/4
Ballard Power Systems' CEO is Randy MacEwen, appointed in Oct 2014, has a tenure of 10.08 years. total yearly compensation is $2.27M, comprised of 19.9% salary and 80.1% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $441.42K. The average tenure of the management team and the board of directors is 2.3 years and 5.4 years respectively.
Key information
Randy MacEwen
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 19.9% |
| CEO tenure | 10.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 2.3yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Ballard Power: Investors Need To Hope For A Sale Or Change In Strategic Focus - Hold
Nov 19Ballard Power Systems Q2: Poor Results And Weak Near-Term Prospects, Hold
Aug 13Ballard Power Systems: Not Even A Dead Cat Bounce
Jul 17Ballard Power Systems: Strong Q1 Order Intake But Outlook Still Murky
May 08Delicious Runway For Patient Ballard Power Shareholders
May 01Ballard Power Systems: Mixed Q4 Results And Another Mediocre Year Ahead, Hold
Mar 12Ballard to establish new China headquarters, manufacturing facility
Sep 30Ballard Power Systems deepens strategic partnership with Quantron AG
Sep 19Ballard Power: Things Just Keep Getting Worse
Aug 23Ballard Power Systems Q2 2022 Preview: Not Even Close To Fair Value
Aug 06Ballard Power - No Light At The End Of The Tunnel
May 11Ballard Power Struggles: Hydrogen, What's Real And What's Not
Mar 11Ballard Power Is Losing Power
Feb 20Ballard Power - Lack Of Progress In China Likely To Result In Another Year Without Growth
Nov 18Ballard Power - Improved Results, But Near-Term Prospects Remain Bleak - Avoid The Shares
Aug 09Ballard Power-Gore collaborate to advance fuel cell technologies
Jun 09Ballard gets follow-on fuel cell order for 13 Solaris electric buses
May 28Ballard Power Systems EPS misses by $0.01, misses on revenue
May 04Upside From Ballard Power Systems' Plans To Boost Profitability
Apr 27Ballard, Global Energy Ventures to develop fuel cell-powered ship
Feb 03Ballard Power Systems: Looks Expensive
Feb 01Ballard receives purchase order from Arcola Energy
Jan 12Ballard Power receives order for 10 fuel cell modules from Van Hool
Dec 17Ballard partners with and Eltek Nordic for fuel cell backup power systems
Dec 14Ballard announces $250M bought deal offering
Nov 23Ballard Power Systems - Setbacks On Multiple Fronts And More Disappointment Ahead - Get Short
Nov 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$326m |
| Jun 30 2024 | n/a | n/a | -US$156m |
| Mar 31 2024 | n/a | n/a | -US$153m |
| Dec 31 2023 | US$2m | US$453k | -US$144m |
| Sep 30 2023 | n/a | n/a | -US$117m |
| Jun 30 2023 | n/a | n/a | -US$125m |
| Mar 31 2023 | n/a | n/a | -US$152m |
| Dec 31 2022 | US$2m | US$443k | -US$160m |
| Sep 30 2022 | n/a | n/a | -US$183m |
| Jun 30 2022 | n/a | n/a | -US$171m |
| Mar 31 2022 | n/a | n/a | -US$137m |
| Dec 31 2021 | US$2m | US$474k | -US$114m |
| Sep 30 2021 | n/a | n/a | -US$85m |
| Jun 30 2021 | n/a | n/a | -US$65m |
| Mar 31 2021 | n/a | n/a | -US$54m |
| Dec 31 2020 | US$2m | US$487k | -US$49m |
| Sep 30 2020 | n/a | n/a | -US$45m |
| Jun 30 2020 | n/a | n/a | -US$40m |
| Mar 31 2020 | n/a | n/a | -US$36m |
| Dec 31 2019 | US$1m | US$426k | -US$35m |
| Sep 30 2019 | n/a | n/a | -US$37m |
| Jun 30 2019 | n/a | n/a | -US$36m |
| Mar 31 2019 | n/a | n/a | -US$34m |
| Dec 31 2018 | US$1m | US$399k | -US$27m |
| Sep 30 2018 | n/a | n/a | -US$19m |
| Jun 30 2018 | n/a | n/a | -US$14m |
| Mar 31 2018 | n/a | n/a | -US$11m |
| Dec 31 2017 | US$2m | US$430k | -US$8m |
Compensation vs Market: Randy's total compensation ($USD2.27M) is about average for companies of similar size in the US market ($USD2.18M).
Compensation vs Earnings: Randy's compensation has increased whilst the company is unprofitable.
CEO
Randy MacEwen (55 yo)
10.1yrs
Tenure
US$2,270,975
Compensation
Mr. R. Randall MacEwen, also known as Randy, serves as Director at Brookfield Renewable Corporation since November 5, 2021 and serves as its Independent Director since 2022. He has been the Chief Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 10.1yrs | US$2.27m | 0.11% $ 441.4k | |
| Senior VP & COO | 1.8yrs | US$823.83k | 0% $ 0 | |
| Senior VP & Chief Commercial Officer | 2.5yrs | US$707.81k | 0.00083% $ 3.3k | |
| Senior VP & Chief Engineering Officer | 2.3yrs | US$788.73k | 0.00053% $ 2.1k | |
| Senior VP & CFO | less than a year | no data | no data | |
| VP Corporate Finance & Investor Relations | no data | no data | no data | |
| Senior VP & CTO | 8.8yrs | US$521.59k | 0.024% $ 96.1k | |
| General Counsel & Corporate Secretary | no data | no data | 0.0030% $ 12.1k | |
| Vice President of Marketing & Strategic Partnerships | no data | no data | no data | |
| Senior VP and Chief People & Culture Officer | 2.1yrs | US$417.75k | 0.017% $ 67.2k | |
| Senior VP & Chief Transformation Officer | less than a year | no data | 0.0048% $ 19.2k | |
| President & CEO of Europe | 3.7yrs | US$544.63k | no data |
2.3yrs
Average Tenure
58yo
Average Age
Experienced Management: BLDP's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Non-Independent Director | 10.1yrs | US$2.27m | 0.11% $ 441.4k | |
| Independent Director | 2.9yrs | US$99.81k | 0.00033% $ 1.3k | |
| Director | less than a year | no data | no data | |
| Independent Director | 3.3yrs | US$114.53k | no data | |
| Independent Non-Executive Chairman of the Board | 9.8yrs | US$133.78k | 0.017% $ 66.6k | |
| Independent Director | 8.9yrs | US$105.47k | 0% $ 0 | |
| Independent Director | 12.8yrs | US$114.91k | 0.0017% $ 6.7k | |
| Independent Director | 7.6yrs | US$111.13k | no data | |
| Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
5.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: BLDP's board of directors are considered experienced (5.4 years average tenure).