Finning International Inc.

OTCPK:FING.F Stock Report

Market Cap: US$4.1b

Finning International Management

Management criteria checks 3/4

Finning International's CEO is Kevin Parkes, appointed in Nov 2022, has a tenure of 1.58 years. total yearly compensation is CA$5.56M, comprised of 18% salary and 82% bonuses, including company stock and options. directly owns 0.029% of the company’s shares, worth $1.19M. The average tenure of the management team and the board of directors is 4.2 years and 5 years respectively.

Key information

Kevin Parkes

Chief executive officer

CA$5.6m

Total compensation

CEO salary percentage18.0%
CEO tenure1.6yrs
CEO ownership0.03%
Management average tenure4.2yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Parkes's remuneration changed compared to Finning International's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2024n/an/a

CA$510m

Dec 31 2023CA$6mCA$1m

CA$523m

Sep 30 2023n/an/a

CA$574m

Jun 30 2023n/an/a

CA$567m

Mar 31 2023n/an/a

CA$545m

Dec 31 2022CA$2mCA$751k

CA$503m

Sep 30 2022n/an/a

CA$471m

Jun 30 2022n/an/a

CA$421m

Mar 31 2022n/an/a

CA$386m

Dec 31 2021CA$2mCA$614k

CA$364m

Sep 30 2021n/an/a

CA$332m

Jun 30 2021n/an/a

CA$321m

Mar 31 2021n/an/a

CA$248m

Dec 31 2020CA$2mCA$523k

CA$232m

Sep 30 2020n/an/a

CA$210m

Jun 30 2020n/an/a

CA$198m

Mar 31 2020n/an/a

CA$268m

Dec 31 2019CA$2mCA$535k

CA$242m

Sep 30 2019n/an/a

CA$247m

Jun 30 2019n/an/a

CA$196m

Mar 31 2019n/an/a

CA$189m

Dec 31 2018CA$1mCA$426k

CA$232m

Sep 30 2018n/an/a

CA$241m

Jun 30 2018n/an/a

CA$266m

Mar 31 2018n/an/a

CA$240m

Dec 31 2017CA$1mCA$385k

CA$216m

Compensation vs Market: Kevin's total compensation ($USD4.05M) is below average for companies of similar size in the US market ($USD6.76M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Kevin Parkes (49 yo)

1.6yrs

Tenure

CA$5,562,974

Compensation

Mr. Kevin Parkes has been Chief Executive Officer, President and Non-Independent Director of Finning International Inc. since November 16, 2022. He had been President of Finning Canada at Finning Internati...


Leadership Team

NamePositionTenureCompensationOwnership
Kevin Parkes
Non-Independent Director1.6yrsCA$5.56m0.029%
CA$ 1.2m
Greg Palaschuk
Executive VP & CFO4.3yrsCA$2.59m0.032%
CA$ 1.3m
Tim Ferwerda
Managing Director of UK & Ireland Business2.8yrsCA$1.44m0.0095%
CA$ 386.9k
David F. Primrose
President of Finning Canada2.6yrsCA$2.34m0.019%
CA$ 780.0k
Juan Amar
President of Finning South America4.4yrsCA$1.88m0.024%
CA$ 972.0k
H. Murdoch
Executive VP8.2yrsno data0.0083%
CA$ 337.7k
Anna Marks
Senior Vice President of Financeno datano data0.023%
CA$ 937.9k
Russell Day
Senior Vice President of Strategic Planning & Business Development8.5yrsno datano data
Alexandre de Zanelatto
Executive Vice President of Global Supply Chain4.1yrsno datano data
Kieran Holm
Executive Vice President of Global Used Equipmentno datano datano data
Dori Assaly
Senior Legal Counsel & Corporate Secretaryno datano datano data

4.2yrs

Average Tenure

Experienced Management: FING.F's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kevin Parkes
Non-Independent Director1.6yrsCA$5.56m0.029%
CA$ 1.2m
Mary Kelley
Independent Director6.4yrsCA$269.50kno data
Stuart Levenick
Independent Director8.3yrsCA$280.50kno data
Harold Kvisle
Independent Director6.9yrsCA$410.00k0.025%
CA$ 1.0m
Vicki Avril-Groves
Independent Director7.6yrsCA$248.55k0.011%
CA$ 430.9k
Edward Seraphim
Independent Director5.4yrsCA$245.00k0.00099%
CA$ 40.3k
Nancy Tower
Independent Director2.1yrsCA$249.50k0.00049%
CA$ 19.9k
James Edward Carter
Independent Chairman16.8yrsCA$249.50k0.0071%
CA$ 287.3k
John Rhind
Independent Directorless than a yearno datano data
Charles Ruigrok
Independent Directorless than a yearCA$99.84kno data
Andres Kuhlmann
Independent Director4.6yrsCA$299.00kno data
Manjit Sharma
Independent Director2.1yrsCA$255.50kno data

5.0yrs

Average Tenure

65.5yo

Average Age

Experienced Board: FING.F's board of directors are considered experienced (5 years average tenure).


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