QualTek Services Inc.

OTCPK:QTEK.Q Stock Report

Market Cap: US$613.3k

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QualTek Services Management

Management criteria checks 2/4

QualTek Services' CEO is Christopher Hisey, appointed in Aug 2021, he has a tenure of 1.92 years. His total yearly compensation is $921.89K , comprised of 70.5% salary and 29.5% bonuses, including company stock and options. He directly owns 0.054% of the company’s shares, worth $330.89. The average tenure of the management team and the board of directors is 2 years and 0.6 years respectively.

Key information

Christopher Hisey

Chief executive officer

US$921.9k

Total compensation

CEO salary percentage70.5%
CEO tenure1.9yrs
CEO ownership0.05%
Management average tenure2yrs
Board average tenureless than a year

Recent management updates

Recent updates

CEO Compensation Analysis

How has Christopher Hisey's remuneration changed compared to QualTek Services's earnings?
DateTotal CompensationSalaryCompany Earnings
Apr 01 2023n/an/a

-US$51m

Dec 31 2022US$922kUS$650k

-US$33m

Oct 01 2022n/an/a

-US$99m

Jul 02 2022n/an/a

-US$77m

Apr 02 2022n/an/a

-US$86m

Dec 31 2021US$516kUS$500k

-US$102m

Oct 02 2021n/an/a

-US$79m

Jul 03 2021n/an/a

-US$103m

Apr 03 2021n/an/a

-US$100m

Dec 31 2020US$518kUS$501k

-US$98m

Compensation vs Market: Christopher's total compensation ($USD921.89K) is about average for companies of similar size in the US market ($USD754.48K).

Compensation vs Earnings: Christopher's compensation has increased whilst the company is unprofitable.


CEO

Christopher Hisey (58 yo)

1.9yrs

Tenure

US$921,892

Compensation

Mr. Christopher Scott Hisey serves as the Chief Executive Officer at QualTek Services Inc. (formerly known as QualTek USA, LLC) since August 2021 and has been its Director since February 14, 2022 and serve...


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Hisey
CEO & Director1.9yrsUS$921.89k0.054%
$ 330.9
Matthew McColgan
Chief Financial Officerless than a yearUS$269.83kno data
Paul Kestenbaum
General Counselno datano datano data
Michael Williams
Chief Business Officer2.2yrsno data0%
$ 0
Jay Heaberlin
President of Renewables & Wireline2.2yrsno datano data
Tom Mix
President of Recovery Logistics2.2yrsno datano data
Eric Bicknese
President of Wirelessno datano datano data
Cari Turner
Chief Restructuring Officerless than a yearno datano data

2.0yrs

Average Tenure

45yo

Average Age

Experienced Management: QTEK.Q's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher Hisey
CEO & Director1.4yrsUS$921.89k0.054%
$ 330.9
Emanuel Pearlman
Independent Directorless than a yearno datano data
John Kritzmacher
Independent Directorless than a yearUS$15.06kno data
Andrew Weinberg
Independent Chairman of the Board1.4yrsno datano data
Daniel Lafond
Independent Director1.3yrsUS$152.42k0.53%
$ 3.3k
Bruce Roberson
Independent Directorless than a yearno datano data
Matthew Allard
Independent Director1.4yrsno datano data
Cielo Hernandez
Independent Directorless than a yearUS$13.60kno data
Alan Carr
Independent Directorless than a yearno datano data

0.6yrs

Average Tenure

56yo

Average Age

Experienced Board: QTEK.Q's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/07/18 11:18
End of Day Share Price 2023/07/14 00:00
Earnings2023/04/01
Annual Earnings2022/12/31

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

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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

QualTek Services Inc. is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christian SchwabCraig-Hallum Capital Group LLC
Brent ThielmanD.A. Davidson & Co.
Timothy HoranOppenheimer & Co. Inc.