Accord Financial Corp.

OTCPK:ACCF.F Stock Report

Market Cap: US$22.3m

Accord Financial Management

Management criteria checks 4/4

Accord Financial's CEO is Simon Hitzig, appointed in Oct 2018, has a tenure of 6.17 years. total yearly compensation is CA$427.61K, comprised of 93.6% salary and 6.4% bonuses, including company stock and options. directly owns 2.59% of the company’s shares, worth $579.55K. The average tenure of the management team and the board of directors is 2.8 years and 6.2 years respectively.

Key information

Simon Hitzig

Chief executive officer

CA$427.6k

Total compensation

CEO salary percentage93.6%
CEO tenure6.2yrs
CEO ownership2.6%
Management average tenure2.8yrs
Board average tenure6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Simon Hitzig's remuneration changed compared to Accord Financial's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$9m

Jun 30 2024n/an/a

-CA$17m

Mar 31 2024n/an/a

-CA$16m

Dec 31 2023CA$428kCA$400k

-CA$15m

Sep 30 2023n/an/a

-CA$11m

Jun 30 2023n/an/a

-CA$76k

Mar 31 2023n/an/a

CA$308k

Dec 31 2022CA$428kCA$400k

CA$1m

Sep 30 2022n/an/a

CA$9m

Jun 30 2022n/an/a

CA$9m

Mar 31 2022n/an/a

CA$12m

Dec 31 2021CA$498kCA$400k

CA$12m

Sep 30 2021n/an/a

CA$10m

Jun 30 2021n/an/a

CA$8m

Mar 31 2021n/an/a

CA$9m

Dec 31 2020CA$427kCA$400k

CA$417k

Sep 30 2020n/an/a

-CA$2m

Jun 30 2020n/an/a

CA$1m

Mar 31 2020n/an/a

-CA$1m

Dec 31 2019CA$524kCA$400k

CA$6m

Sep 30 2019n/an/a

CA$11m

Jun 30 2019n/an/a

CA$11m

Mar 31 2019n/an/a

CA$11m

Dec 31 2018CA$429kCA$311k

CA$10m

Sep 30 2018n/an/a

CA$9m

Jun 30 2018n/an/a

CA$8m

Mar 31 2018n/an/a

CA$6m

Dec 31 2017CA$350kCA$276k

CA$6m

Compensation vs Market: Simon's total compensation ($USD297.56K) is below average for companies of similar size in the US market ($USD654.40K).

Compensation vs Earnings: Simon's compensation has been consistent with company performance over the past year.

CEO

Simon Hitzig

6.2yrs

Tenure

CA$427,612

Compensation

Mr. Simon Hitzig serves as Director at BondIt LLC. He has been a President, Chief Executive Officer and Director at Accord Financial Corp. since October 1, 2018. He also serves as a Secretary at Accord Fin...

Leadership Team

NamePositionTenureCompensationOwnership
Simon Hitzig
President6.2yrsCA$427.61k2.59%
$ 579.5k
Irene Eddy
Chief Financial Officer2.6yrsCA$516.50k0.047%
$ 10.4k
Cathy Osborne
Senior Vice President of Human Resources5.2yrsCA$381.71kno data
Jim Hogan
President of Accord Equipment Finance2.9yrsCA$426.34kno data
Matthew Panosian
Senior VP of Credit & Portfolio - US Asset Based Financeno datano datano data
Cynthia Aboud
Senior Vice President of Business Development for Canada Asset Based Financeno dataCA$258.45kno data
Jason Rosenfeld
President of Canada Asset Based Finance & Accord Financial Incno dataCA$342.76k0.045%
$ 10.1k
James Jang
President of Accord Small Business Finance & Canada Equipment Financeno dataCA$530.74k0.51%
$ 114.3k
Joey Grossman
Senior Vice President of Credit - Canada Asset Based Financeno datano datano data
Karim Habib
Managing Director of Business Development - Ontario & Western Canada2.2yrsno datano data
JoAnne Evans
Senior Vice President of Operations - Canada Asset Based Finance1.9yrsno datano data
Matthew Helderman
CEO & Co-Founder of Buffalo 8 Productions LLC and CEO & Co-Founder of BondIt Media Capitalno datano datano data

2.8yrs

Average Tenure

Experienced Management: ACCF.F's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Simon Hitzig
President6.2yrsCA$427.61k2.59%
$ 579.5k
Jean Holley
Independent Director4.6yrsCA$91.50kno data
Ken Hitzig
Chairman Emeritusno datano datano data
David Beutel
Independent Chairman of the Board10.6yrsCA$114.50k0.029%
$ 6.5k
Gary Prager
Independent Director9.6yrsCA$98.13k0.10%
$ 23.2k
Stephen Warden
Independent Director14.4yrsCA$82.00k0.11%
$ 23.5k
Burt Feinberg
Independent Director2.7yrsCA$84.88kno data
David Spivak
Independent Director2.7yrsCA$69.50k0.029%
$ 6.5k

6.2yrs

Average Tenure

61yo

Average Age

Experienced Board: ACCF.F's board of directors are considered experienced (6.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 10:54
End of Day Share Price 2024/12/16 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Accord Financial Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Greg McLeishLeede Jones Gable Inc