Enerflex Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Marc Rossiter

Chief executive officer

CA$6.5m

Total compensation

CEO salary percentage	13.1%
CEO tenure	5yrs
CEO ownership	0.2%
Management average tenure	2.6yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

Enerflex: Cost Synergies And Free Cash Flow Create Opportunity

Apr 15

Enerflex GAAP EPS of -$0.37, revenue of $392.8M beats by $117.49M

Nov 10

CEO Compensation Analysis

How has Marc Rossiter's remuneration changed compared to Enerflex's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	CA$6m	CA$850k	-CA$111m
Sep 30 2023	n/a	n/a	-CA$65m
Jun 30 2023	n/a	n/a	-CA$103m
Mar 31 2023	n/a	n/a	-CA$87m
Dec 31 2022	CA$6m	CA$800k	-CA$101m
Sep 30 2022	n/a	n/a	-CA$53m
Jun 30 2022	n/a	n/a	-CA$13m
Mar 31 2022	n/a	n/a	-CA$22m
Dec 31 2021	CA$4m	CA$713k	-CA$18m
Sep 30 2021	n/a	n/a	CA$47m
Jun 30 2021	n/a	n/a	CA$51m
Mar 31 2021	n/a	n/a	CA$54m
Dec 31 2020	CA$5m	CA$713k	CA$88m
Sep 30 2020	n/a	n/a	CA$87m
Jun 30 2020	n/a	n/a	CA$139m
Mar 31 2020	n/a	n/a	CA$172m
Dec 31 2019	CA$5m	CA$589k	CA$152m
Sep 30 2019	n/a	n/a	CA$153m
Jun 30 2019	n/a	n/a	CA$127m
Mar 31 2019	n/a	n/a	CA$107m
Dec 31 2018	CA$3m	CA$497k	CA$101m
Sep 30 2018	n/a	n/a	CA$96m
Jun 30 2018	n/a	n/a	CA$83m
Mar 31 2018	n/a	n/a	CA$84m
Dec 31 2017	CA$2m	CA$467k	CA$98m

Compensation vs Market: Marc's total compensation ($USD4.75M) is above average for companies of similar size in the US market ($USD3.42M).

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

CEO

Marc Rossiter (51 yo)

5yrs

Tenure

CA$6,491,934

Compensation

Mr. Marc Edward Rossiter has been the President, Chief Executive Officer and Director at Enerflex Ltd. since May 03, 2019. He is responsible for the Enerflex’s value creation and global growth strategy.Mr...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Marc Rossiter	President	5yrs	CA$6.49m	0.21% CA$ 1.5m
Gregory Stewart	President of United States of America	no data	CA$2.18m	0.082% CA$ 603.6k
Roger George	President of Water Solutions	1.6yrs	CA$2.18m	no data
Preet Dhindsa	Senior VP & CFO	less than a year	no data	no data
Robert Mitchell	Senior VP & Chief Administrative Officer	less than a year	no data	0.0086% CA$ 63.4k
Jeffrey Fetterly	Vice President of Corporate Development & Investor Relations	no data	no data	no data
David Izett	Senior VP & General Counsel	4.7yrs	no data	0.027% CA$ 198.4k
Carol Ionel	VP of Human Resources and Director of Training & Change Management	12.2yrs	no data	no data
Philip A. Pyle	President of Eastern Hemisphere	no data	CA$1.97m	0.069% CA$ 507.9k
Helmuth Witulski	President of Canada	3.1yrs	no data	0.016% CA$ 119.2k
Mauricio Meineri	President of Latin America	2.2yrs	no data	0.024% CA$ 180.2k
Benjamin Park	VP & Corporate Controller	no data	no data	no data

2.6yrs

Average Tenure

55.5yo

Average Age

Experienced Management: EFXT's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Marc Rossiter	President	5yrs	CA$6.49m	0.21% CA$ 1.5m
William Dunn	Independent Director	12.9yrs	CA$305.32k	0.024% CA$ 178.1k
Kevin Reinhart	Independent Chairman of the Board	7yrs	CA$373.12k	0.045% CA$ 334.0k
James Gouin	Independent Director	1.6yrs	CA$273.35k	0.045% CA$ 332.6k
Thomas Tyree	Independent Director	less than a year	no data	no data
Juan Villegas	Independent Director	5yrs	CA$288.45k	0.046% CA$ 342.0k
Joanne Cox	Independent Director	less than a year	CA$106.07k	0.0081% CA$ 59.4k
Mona Hale	Independent Director	2.6yrs	CA$282.09k	0.0081% CA$ 59.4k
Michael Weill	Independent Director	12.9yrs	CA$297.99k	0.011% CA$ 83.1k
Fernando Assing	Independent Director	3.8yrs	CA$277.87k	no data
Laura Folse	Independent Director	1.3yrs	CA$1.54m	no data

3.8yrs

Average Tenure

63yo

Average Age

Experienced Board: EFXT's board of directors are considered experienced (3.8 years average tenure).

Enerflex Management

Management criteria checks 2/4

Key information

Recent management updates

High number of new directors

Enerflex Ltd. Announces Appointment of Thomas B. Tyree, Jr. to Its Board of Directors

Enerflex Ltd., Annual General Meeting, May 07, 2024

Enerflex Ltd. Appoints Preet Dhindsa as Senior Vice President, Effective from March 1, 2024

Enerflex Ltd. Appoints Preet Dhindsa as Interim Chief Financial Officer, Effective October 13, 2023

Enerflex Ltd. Announces Board Changes

Recent updates

Enerflex Ltd. to Report Q1, 2024 Results on May 07, 2024

Enerflex: Cost Synergies And Free Cash Flow Create Opportunity

High number of new directors

Enerflex Ltd. Announces Appointment of Thomas B. Tyree, Jr. to Its Board of Directors

Upcoming dividend of CA$0.025 per share

Fourth quarter dividend of CA$0.025 announced

Enerflex Declares Quarterly Dividend, Payable on May 1, 2024

Full year 2023 earnings released: CA$0.90 loss per share (vs CA$1.04 loss in FY 2022)

Enerflex Ltd., Annual General Meeting, May 07, 2024

Enerflex Ltd. Appoints Preet Dhindsa as Senior Vice President, Effective from March 1, 2024

Enerflex Ltd. to Report Q4, 2023 Results on Feb 28, 2024

Upcoming dividend of CA$0.025 per share at 1.6% yield

Third quarter 2023 earnings released: EPS: CA$0.046 (vs CA$0.37 loss in 3Q 2022)

Enerflex Ltd. Declares Quarterly Dividend, Payable on January 10, 2024

Enerflex Ltd. Appoints Preet Dhindsa as Interim Chief Financial Officer, Effective October 13, 2023

New minor risk - Share price stability

Upcoming dividend of CA$0.025 per share at 1.2% yield

Enerflex Ltd. Announces Board Changes

Second quarter 2023 earnings released: CA$0.023 loss per share (vs CA$0.15 profit in 2Q 2022)

Enerflex Ltd. Declares Dividend for Third Quarter 2023, Payable on October 12, 2023

Enerflex Ltd. Announces Executive Changes

Enerflex Ltd. to Report Q2, 2023 Results on Aug 09, 2023

Upcoming dividend of CA$0.025 per share at 1.1% yield

First quarter 2023 earnings released: EPS: CA$0.11 (vs CA$0.004 loss in 1Q 2022)

Enerflex Ltd. Reaffirms Financial Guidance for 2023

Upcoming dividend of CA$0.025 per share at 1.1% yield

Full year 2022 earnings released: CA$1.04 loss per share (vs CA$0.21 loss in FY 2021)

Enerflex Ltd., Annual General Meeting, May 02, 2023

Enerflex Ltd. to Report Q4, 2022 Results on Mar 01, 2023

Enerflex Ltd. Appoints Laura W. Folse to the Board of Directors

Independent Director recently bought US$179k worth of stock

Independent Director recently bought US$63k worth of stock

Upcoming dividend of CA$0.025 per share

Independent Chairman of the Board recently bought US$59k worth of stock

Upcoming dividend of CA$0.025 per share

Enerflex Ltd. Declares Dividend, Payable on January 12, 2023

Third quarter 2022 earnings released: CA$0.37 loss per share (vs CA$0.078 profit in 3Q 2021)

Enerflex Ltd. Announces Impairment of Goodwill for the Third Quarter Ended September 30, 2022

Enerflex GAAP EPS of -$0.37, revenue of $392.8M beats by $117.49M

Enerflex Ltd. to Report Q3, 2022 Results on Nov 09, 2022

Enerflex Ltd. Declares Quarterly Dividend, Payable on October 6, 2022

Enerflex Ltd. to Report Q2, 2022 Results on Aug 10, 2022

Enerflex Ltd. Declares Quarterly Dividend, Payable on July 7, 2022

Enerflex Ltd. to Report Q1, 2022 Results on May 04, 2022

Enerflex Ltd., Annual General Meeting, May 03, 2022

Enerflex Ltd. Announces Quarterly Dividend, Payable on April 7, 2022

Enerflex Declares Quarterly Dividend, Payable on July 8, 2021

Enerflex Ltd Appoints Patricia Martinez as Chief Energy Transition Officer

Enerflex Ltd., Annual General Meeting, May 04, 2021

Enerflex Successfully Completes the Engineering Contract to Modularize KALiNA Combined Cycle Power Plants

Enerflex Ltd. to Report Q4, 2020 Results on Feb 24, 2021

Enerflex Ltd Appoints Patricia Martinez as Chief Energy Transition Officer

Enerflex Ltd. to Report Q3, 2020 Results on Nov 05, 2020

An unknown buyer agreed to acquire 13 MW power and gas treating plant from Enerflex Ltd. (TSX:EFX).

Enerflex Ltd. to Report Q2, 2020 Results on Aug 06, 2020

Enerflex Ltd.(TSX:EFX) dropped from S&P/TSX Capped Composite Index

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age