Imaflex Management
Management criteria checks 4/4
Imaflex's CEO is Joe Abbandonato, appointed in Jun 2023, has a tenure of less than a year. total yearly compensation is CA$169.32K, comprised of 93.5% salary and 6.5% bonuses, including company stock and options. directly owns 27.78% of the company’s shares, worth $8.25M. The average tenure of the management team and the board of directors is 9.2 years and 10 years respectively.
Key information
Joe Abbandonato
Chief executive officer
CA$169.3k
Total compensation
| CEO salary percentage | 93.5% |
| CEO tenure | less than a year |
| CEO ownership | 27.8% |
| Management average tenure | 9.2yrs |
| Board average tenure | 10yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | CA$509k |
| Sep 30 2023 | n/a | n/a | CA$2m |
| Jun 30 2023 | n/a | n/a | CA$5m |
| Mar 31 2023 | n/a | n/a | CA$8m |
| Dec 31 2022 | CA$169k | CA$158k | CA$9m |
| Sep 30 2022 | n/a | n/a | CA$10m |
| Jun 30 2022 | n/a | n/a | CA$10m |
| Mar 31 2022 | n/a | n/a | CA$8m |
| Dec 31 2021 | CA$166k | CA$158k | CA$8m |
| Sep 30 2021 | n/a | n/a | CA$8m |
| Jun 30 2021 | n/a | n/a | CA$7m |
| Mar 31 2021 | n/a | n/a | CA$5m |
| Dec 31 2020 | CA$166k | CA$158k | CA$6m |
| Sep 30 2020 | n/a | n/a | CA$5m |
| Jun 30 2020 | n/a | n/a | CA$4m |
| Mar 31 2020 | n/a | n/a | CA$4m |
| Dec 31 2019 | CA$166k | CA$158k | CA$2m |
| Sep 30 2019 | n/a | n/a | CA$2m |
| Jun 30 2019 | n/a | n/a | CA$2m |
| Mar 31 2019 | n/a | n/a | CA$2m |
| Dec 31 2018 | CA$170k | CA$158k | CA$4m |
| Sep 30 2018 | n/a | n/a | CA$4m |
| Jun 30 2018 | n/a | n/a | CA$4m |
| Mar 31 2018 | n/a | n/a | CA$4m |
| Dec 31 2017 | CA$165k | CA$158k | CA$4m |
Compensation vs Market: Joe's total compensation ($USD123.76K) is below average for companies of similar size in the US market ($USD674.64K).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
CEO
Joe Abbandonato
less than a year
Tenure
CA$169,318
Compensation
Mr. Joseph Marino Abbandonato, also known as Joe, had been the Chief Executive Officer and President at Imaflex Inc., since 1993 until May 2023 and serves as its Executive Chairman since May 2023 and serve...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Directors | less than a year | CA$169.32k | 27.78% CA$ 8.3m | |
| VP of Corporate Affairs & Interim CFO | 7.6yrs | CA$193.17k | 1.4% CA$ 414.7k | |
| VP of Sales | 31.3yrs | CA$192.64k | 3.95% CA$ 1.2m | |
| Vice President of Marketing & Innovation | 10.8yrs | CA$250.58k | no data |
9.2yrs
Average Tenure
Experienced Management: IFLX.F's management team is seasoned and experienced (9.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Directors | 25.5yrs | CA$169.32k | 27.78% CA$ 8.3m | |
| VP of Sales | 7.8yrs | CA$192.64k | 3.95% CA$ 1.2m | |
| Director | less than a year | no data | no data | |
| Independent Director | 16.1yrs | CA$8.00k | 0.13% CA$ 39.9k | |
| Independent Director | 2yrs | CA$9.00k | 0.0096% CA$ 2.9k | |
| Independent Director | 22.8yrs | CA$8.00k | 9.29% CA$ 2.8m | |
| Independent Director | 12.1yrs | CA$8.00k | 0.18% CA$ 54.3k | |
| Independent Director | 6.8yrs | CA$8.00k | 0.19% CA$ 57.0k |
10.0yrs
Average Tenure
Experienced Board: IFLX.F's board of directors are considered experienced (10 years average tenure).