Héroux-Devtek Inc.

OTCPK:HERX.F Stock Report

Market Cap: US$744.7m

Héroux-Devtek Management

Management criteria checks 3/4

Héroux-Devtek's CEO is Martin Brassard, appointed in Jun 2019, has a tenure of 5.5 years. total yearly compensation is CA$3.31M, comprised of 17.7% salary and 82.3% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth $5.63M. The average tenure of the management team and the board of directors is 5.5 years and 9.3 years respectively.

Key information

Martin Brassard

Chief executive officer

CA$3.3m

Total compensation

CEO salary percentage17.7%
CEO tenure5.5yrs
CEO ownership0.8%
Management average tenure5.5yrs
Board average tenure9.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Martin Brassard's remuneration changed compared to Héroux-Devtek's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$52m

Jun 30 2024n/an/a

CA$47m

Mar 31 2024CA$3mCA$588k

CA$38m

Dec 31 2023n/an/a

CA$24m

Sep 30 2023n/an/a

CA$17m

Jun 30 2023n/an/a

CA$17m

Mar 31 2023CA$2mCA$498k

CA$14m

Dec 31 2022n/an/a

CA$19m

Sep 30 2022n/an/a

CA$24m

Jun 30 2022n/an/a

CA$27m

Mar 31 2022CA$2mCA$445k

CA$33m

Dec 31 2021n/an/a

CA$30m

Sep 30 2021n/an/a

CA$32m

Jun 30 2021n/an/a

CA$28m

Mar 31 2021CA$2mCA$400k

CA$20m

Dec 31 2020n/an/a

-CA$61m

Sep 30 2020n/an/a

-CA$61m

Jun 30 2020n/an/a

-CA$58m

Mar 31 2020CA$2mCA$392k

-CA$50m

Dec 31 2019n/an/a

CA$34m

Sep 30 2019n/an/a

CA$33m

Jun 30 2019n/an/a

CA$29m

Mar 31 2019CA$1mCA$346k

CA$26m

Dec 31 2018n/an/a

CA$20m

Sep 30 2018n/an/a

CA$13m

Jun 30 2018n/an/a

CA$13m

Mar 31 2018CA$927kCA$331k

CA$14m

Compensation vs Market: Martin's total compensation ($USD2.30M) is about average for companies of similar size in the US market ($USD3.21M).

Compensation vs Earnings: Martin's compensation has increased by more than 20% in the past year.


CEO

Martin Brassard

5.5yrs

Tenure

CA$3,314,641

Compensation

Mr. Martin Brassard has been President and Chief Executive Officer of Héroux-Devtek Inc. since June 1, 2019. Mr. Brassard was an Executive VP and Chief Operating Officer at Héroux-Devtek Inc from November...


Leadership Team

NamePositionTenureCompensationOwnership
Gilles Labbe
Executive Chairman of the Board39.9yrsCA$2.01m8.84%
$ 65.9m
Martin Brassard
President5.5yrsCA$3.31m0.76%
$ 5.6m
Stéphane Arsenault
CFO & VP11.3yrsCA$1.65m0.20%
$ 1.5m
Jean-Philippe Sanche
Vice President of Legal Affairsno datano data0.022%
$ 160.3k
Jean Gravel
Vice-President of Sales & Program Managementno datano data0.18%
$ 1.4m
Stéphane Rainville
Vice President of HR & Environmentno datano data0.027%
$ 203.4k
Gaétan Roy
Managing Director of UK Runcorn - Landing Gearno dataCA$697.48kno data
Guinn Crousen
President of Progressive Incorporated - Aerostructure Divisionno dataCA$342.63kno data
François Renaud
Corporate Secretaryno datano datano data
Patrick Gagnon
VP & Corporate Controllerno datano data0.040%
$ 301.1k
Olivier Perron
Senior Director of Tax & Treasuryno datano datano data
Hugo Lorrain
VP & General Manager of Spainno datano data0.029%
$ 213.8k

5.5yrs

Average Tenure

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


Board Members

NamePositionTenureCompensationOwnership
Gilles Labbe
Executive Chairman of the Board39.9yrsCA$2.01m8.84%
$ 65.9m
Martin Brassard
President5.5yrsCA$3.31m0.76%
$ 5.6m
Louis Morin
Independent Director16.8yrsCA$141.67k0.059%
$ 442.3k
Helmut Hofmann
Honorary Director16.3yrsCA$49.67kno data
Brian Robbins
Independent Director24.9yrsCA$126.67k0.15%
$ 1.1m
Nathalie Bourque
Independent Corporate Director9.3yrsCA$110.00k0.074%
$ 552.8k
Didier Evrard
Independent Director3.8yrsCA$140.01kno data
James Morris
Independent Corporate Director11.3yrsCA$160.15k0.14%
$ 1.0m
Annie Thabet
Independent Director3.6yrsCA$126.67k0.011%
$ 81.2k
Beverly Wyse
Independent Corporate Director & Lead Director5.8yrsCA$193.51k0.041%
$ 305.2k
Ted Di Giorgio
Independent Director1.8yrsCA$126.67k0.0089%
$ 66.4k

9.3yrs

Average Tenure

68yo

Average Age

Experienced Board: HERX.F's board of directors are considered experienced (9.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 22:44
End of Day Share Price 2024/11/22 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Héroux-Devtek Inc. is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cameron DoerksenCantor Fitzgerald Canada Corporation
David NewmanCormark Securities Inc.
Benoit PoirierDesjardins Securities Inc.