ACT Energy Technologies Management
Management criteria checks 4/4
ACT Energy Technologies' CEO is Tom Connors, appointed in Mar 2021, has a tenure of 3.83 years. total yearly compensation is CA$1.71M, comprised of 23.5% salary and 76.5% bonuses, including company stock and options. directly owns 1.04% of the company’s shares, worth $1.66M. The average tenure of the management team and the board of directors is 2.5 years and 6.5 years respectively.
Key information
Tom Connors
Chief executive officer
CA$1.7m
Total compensation
| CEO salary percentage | 23.5% |
| CEO tenure | 3.8yrs |
| CEO ownership | 1.0% |
| Management average tenure | 2.5yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | CA$45m |
| Jun 30 2024 | n/a | n/a | CA$24m |
| Mar 31 2024 | n/a | n/a | CA$21m |
| Dec 31 2023 | CA$2m | CA$400k | CA$11m |
| Sep 30 2023 | n/a | n/a | CA$19m |
| Jun 30 2023 | n/a | n/a | CA$22m |
| Mar 31 2023 | n/a | n/a | CA$17m |
| Dec 31 2022 | CA$2m | CA$370k | CA$18m |
| Sep 30 2022 | n/a | n/a | CA$7m |
| Jun 30 2022 | n/a | n/a | -CA$1m |
| Mar 31 2022 | n/a | n/a | -CA$4m |
| Dec 31 2021 | CA$471k | CA$234k | -CA$9m |
Compensation vs Market: Tom's total compensation ($USD1.18M) is about average for companies of similar size in the US market ($USD1.38M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
CEO
Tom Connors
3.8yrs
Tenure
CA$1,705,519
Compensation
Mr. Thomas J. Connors, also known as Tom, has been the Chief Executive Officer, President and Director of ACT Energy Technologies Ltd. (formerly known as Cathedral Energy Services Ltd.) since March 08, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 24.3yrs | CA$697.83k | 3.43% $ 5.5m | |
| President | 3.8yrs | CA$1.71m | 1.04% $ 1.7m | |
| Interim Chief Financial Officer | 2yrs | CA$907.83k | 0.22% $ 341.6k | |
| President of Altitude Energy Partners | 2.5yrs | CA$1.13m | 2.31% $ 3.7m | |
| Executive Vice President of Altitude Energy Partners - US Operations | 2.5yrs | CA$1.07m | 1.08% $ 1.7m | |
| Senior Vice President of Corporate Development | 1.7yrs | no data | 0% $ 0 | |
| President of Discovery Downhole Services | 3.8yrs | CA$815.10k | 0.22% $ 348.8k | |
| Senior Vice President of Canadian Operations | no data | no data | no data | |
| President of Rime Downhole Technologies | no data | no data | no data |
2.5yrs
Average Tenure
Experienced Management: CETE.F's management team is considered experienced (2.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 24.3yrs | CA$697.83k | 3.43% $ 5.5m | |
| President | 3.8yrs | CA$1.71m | 1.04% $ 1.7m | |
| Independent Director | 9.3yrs | CA$131.00k | 0.21% $ 338.7k | |
| Lead Independent Director | 21.8yrs | CA$106.50k | 0.57% $ 901.3k | |
| Independent Director | 15.1yrs | CA$101.50k | 0.16% $ 248.6k | |
| Independent Director | 3.5yrs | CA$112.00k | 0.024% $ 38.6k | |
| Independent Director | less than a year | no data | no data | |
| Director | less than a year | no data | no data |
6.5yrs
Average Tenure
Experienced Board: CETE.F's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 12:03 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
ACT Energy Technologies Ltd. is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Byrne | Acumen Capital Finance Partners Limited |
| Tim Monachello | ATB Capital Markets |
| Jeffrey Fetterly | CIBC Capital Markets |