Colliers International Group Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Jay Hennick

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage	28.1%
CEO tenure	36yrs
CEO ownership	13.0%
Management average tenure	7.1yrs
Board average tenure	6.7yrs

Recent management updates

Recent updates

Colliers International: Turnaround Isn't Fully Priced In Yet

Feb 12

Colliers to acquire Arcadia Management, expand U.S. property management business

Oct 12

Colliers International establishes automatic share purchase plan

Oct 03

Colliers takes controlling interest in Peakurban

Aug 02

Colliers International to buy back up to 3.5M subordinate voting shares under NCIB

Jul 15

Colliers International to invest in alternative investment manager

Jun 30

LRT Capital - Colliers International Group Inc: A Good Steward Of Shareholder Capital

May 06

CEO Compensation Analysis

How has Jay Hennick's remuneration changed compared to Colliers International Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$98m
Dec 31 2023	n/a	n/a	US$66m
Sep 30 2023	n/a	n/a	US$21m
Jun 30 2023	n/a	n/a	US$8m
Mar 31 2023	n/a	n/a	US$45m
Dec 31 2022	US$5m	US$2m	US$46m
Sep 30 2022	n/a	n/a	US$67m
Jun 30 2022	n/a	n/a	US$73m
Mar 31 2022	n/a	n/a	-US$413m
Dec 31 2021	US$15m	US$1m	-US$390m
Sep 30 2021	n/a	n/a	-US$400m
Jun 30 2021	n/a	n/a	-US$397m
Mar 31 2021	n/a	n/a	US$49m
Dec 31 2020	US$649k	US$649k	US$49m
Sep 30 2020	n/a	n/a	US$63m
Jun 30 2020	n/a	n/a	US$72m
Mar 31 2020	n/a	n/a	US$106m
Dec 31 2019	US$3m	US$1m	US$103m
Sep 30 2019	n/a	n/a	US$108m
Jun 30 2019	n/a	n/a	US$94m
Mar 31 2019	n/a	n/a	US$94m
Dec 31 2018	US$5m	US$1m	US$98m
Sep 30 2018	n/a	n/a	US$77m
Jun 30 2018	n/a	n/a	US$67m
Mar 31 2018	n/a	n/a	US$55m
Dec 31 2017	US$5m	US$1m	US$51m

Compensation vs Market: Jay's total compensation ($USD5.35M) is below average for companies of similar size in the US market ($USD8.45M).

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

CEO

Jay Hennick (66 yo)

36yrs

Tenure

US$5,345,250

Compensation

Mr. Jay Stewart Hennick, C.M. has been the Global Chairman of Colliers International Group Inc. since June 1, 2015 and Colliers International (Illinois) and has been its Chief Executive Officer since May 3...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Christian Mayer	Chief Financial Officer	4.3yrs	US$3.52m	0.34% $ 17.6m
Elias Mulamoottil	Co-Chief Investment Officer	2.4yrs	US$3.52m	0.16% $ 8.4m
Zachary Michaud	Co-Chief Investment Officer	2.4yrs	US$3.52m	0.062% $ 3.2m
Christopher McLernon	Chief Executive Officer of Real Estate Services Global	no data	US$3.90m	0.079% $ 4.1m
Jay Hennick	Global Chairman & CEO	36yrs	US$5.35m	12.97% $ 680.5m
Robert Hemming	Senior VP & Chief Accounting Officer	16.3yrs	US$1.23m	0.18% $ 9.4m
Matthew Hawkins	Vice President of Legal Counsel & Corporate Secretary	7.9yrs	no data	0.032% $ 1.7m
Charlotte Williams	Head of Public Relations	no data	no data	no data
Rebecca Finley	Chief Brand & People Officer	6.3yrs	US$3.68m	0% $ 0
David Bowden	Chief Executive Officer of Colliers Real Estate Strategy & Consulting	no data	no data	no data
John Kenny	Chief Executive Officer of Asia Pacific	no data	no data	no data
Sam Harvey-Jones	Managing Director of Occupiers Services - Asia	8.8yrs	no data	no data

7.1yrs

Average Tenure

51.5yo

Average Age

Experienced Management: CIGI's management team is seasoned and experienced (7.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jay Hennick	Global Chairman & CEO	36yrs	US$5.35m	12.97% $ 680.5m
Christopher Merrill	Co-Founder	5.3yrs	no data	no data
Christopher Galvin	Independent Director	5.7yrs	US$589.45k	0.040% $ 2.1m
Lewis Sutherland	Independent Director	8.9yrs	US$610.45k	0.15% $ 8.1m
John Curtin	Independent Lead Director	9.3yrs	US$626.45k	0.076% $ 4.0m
P. Gavan	Independent Director	4.1yrs	US$589.45k	0.0072% $ 376.1k
Edward Waitzer	Independent Director	less than a year	US$971.64k	0.0034% $ 177.3k
Katherine Lee	Independent Director	8.9yrs	US$598.70k	0.051% $ 2.7m
Poonam Puri	Independent Director	2.3yrs	US$589.45k	0.0037% $ 194.1k
Stephen Harper	Independent Director	7.7yrs	US$599.45k	0.020% $ 1.0m
Benjamin Stein	Independent Director	6.7yrs	US$589.45k	0.030% $ 1.6m

6.7yrs

Average Tenure

63yo

Average Age

Experienced Board: CIGI's board of directors are considered experienced (6.7 years average tenure).

Colliers International Group Management

Management criteria checks 4/4

Key information

Recent management updates

Chief Financial Officer recently sold US$3.3m worth of stock

Colliers International Group Inc., Annual General Meeting, Apr 02, 2024

Colliers Appoints Sankey Prasad as Chairman and Managing Director for India & CMD for Colliers Project Leaders Middle East

Co-Chief Investment Officer recently sold US$4.4m worth of stock

Colliers Appoints Dr. Prafulla Agarwal as the Managing Director for Client Strategic Solutions

Colliers Appoints Achim Degen as Chief Executive Officer in Germany

Recent updates

Colliers International Group Inc. Provides Revenue Guidance for the Year 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Colliers International Group Inc. to Report Q1, 2024 Results on May 02, 2024

Chief Financial Officer recently sold US$3.3m worth of stock

Colliers International Group Inc. has completed a Follow-on Equity Offering in the amount of $300.0195 million.

Colliers International Group Inc. has filed a Follow-on Equity Offering.

Colliers International Group Inc. has filed a Follow-on Equity Offering.

Colliers International: Turnaround Isn't Fully Priced In Yet

Colliers International Group Inc., Annual General Meeting, Apr 02, 2024

Full year 2023 earnings: EPS misses analyst expectations

Colliers International Group Inc. Provides Revenue Guidance for the Year 2024

Colliers Appoints Sankey Prasad as Chairman and Managing Director for India & CMD for Colliers Project Leaders Middle East

Now 22% overvalued after recent price rise

Colliers International Group Inc. to Report Q4, 2023 Results on Feb 08, 2024

Upcoming dividend of US$0.15 per share at 0.2% yield

Co-Chief Investment Officer recently sold US$4.4m worth of stock

Colliers International Group Inc. Declares Semi-Annual Dividend, Payable on January 12, 2024

Colliers Appoints Dr. Prafulla Agarwal as the Managing Director for Client Strategic Solutions

Colliers Appoints Achim Degen as Chief Executive Officer in Germany

Price target decreased by 8.2% to US$119

Colliers International Group Inc. Revises Revenue Guidance for the Year 2023

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Colliers Announces Executive Appointments

Colliers International Group Inc. to Report Q3, 2023 Results on Nov 02, 2023

Chief Brand & People Officer recently sold US$346k worth of stock

Colliers International Group Inc. Appoints Badal Yagnik as Chief Executive Officer, India

Chief Brand & People Officer recently sold US$541k worth of stock

Colliers International Group Inc. Provides Revenue Guidance for the Fiscal Year 2023

New minor risk - Profit margin trend

Second quarter 2023 earnings: EPS misses analyst expectations

Colliers Appoints Cho Sung-wook as Managing Director in Korea

Colliers International Group Inc. to Report Q2, 2023 Results on Aug 02, 2023

New minor risk - Shareholder dilution

Independent Director recently sold US$1.0m worth of stock

Upcoming dividend of US$0.15 per share at 0.3% yield

Price target decreased by 7.5% to US$132

High number of new directors

Colliers International Group Inc. Declares Semi-Annual Cash Dividend, Payable on July 14, 2023

Colliers International Group Inc. Announces Changes to Board of Directors

Colliers International Group Inc. Revises Financial Guidance for the Fiscal Year 2023

Price target decreased by 7.1% to US$133

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Chief Brand & People Officer recently sold US$238k worth of stock

Co-Chief Investment Officer recently sold US$3.2m worth of stock

Price target increased by 8.6% to US$143

Full year 2022 earnings: EPS and revenues miss analyst expectations

Colliers International Group Inc. Provides Revenue Guidance for 2023

Colliers International Group Inc., Annual General Meeting, Apr 05, 2023

Colliers Appoints Ruchika Choudaha as Senior Director & Head of Office Services for Pune

Colliers International Group Inc. to Report Q4, 2022 Results on Feb 09, 2023

Colliers Appoints Luke Dawson to Lead Global Capital Markets

Co-Chief Investment Officer recently sold US$898k worth of stock

Independent Director recently sold US$122k worth of stock

Upcoming dividend of US$0.15 per share

Colliers International Group Inc. Declares Semi-Annual Cash Dividend on the Outstanding Subordinate Voting Shares and Multiple Voting Shares, Payable on January 13, 2023

Colliers International Group Inc. (TSX:CIGI) completed the acquisition of Pangea Property Partners AS.

Price target decreased to US$130

Global Chairman & CEO recently bought US$1.6m worth of stock

Investor sentiment improved over the past week

Insider recently bought US$89k worth of stock

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Colliers International Group Inc. Revises Revenue Guidance for the Full Year 2022

Colliers International Group Inc. to Report Q3, 2022 Results on Nov 01, 2022

Colliers International Group Inc. (TSX:CIGI) entered into definitive agreement to acquire an unknown majority stake in Arcadia Management Group, Inc.

Colliers to acquire Arcadia Management, expand U.S. property management business

Colliers International establishes automatic share purchase plan

Colliers International Group Inc. (TSX:CIGI) entered into an agreement to acquire an unknown controlling stake in Pangea Property Partners AS.

Co-Chief Investment Officer recently sold US$651k worth of stock

Co-Chief Investment Officer recently sold US$612k worth of stock