FirstService Management
Management criteria checks 4/4
FirstService's CEO is D. Patterson, appointed in Sep 2003, has a tenure of 21.58 years. total yearly compensation is $7.45M, comprised of 11.4% salary and 88.6% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth $3.42M. The average tenure of the management team and the board of directors is 3.7 years and 8.2 years respectively.
Key information
D. Patterson
Chief executive officer
US$7.5m
Total compensation
| CEO salary percentage | 11.4% |
| CEO tenure | 21.6yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3.7yrs |
| Board average tenure | 8.2yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$131m |
| Dec 31 2024 | US$7m | US$849k | US$134m |
| Sep 30 2024 | n/a | n/a | US$108m |
| Jun 30 2024 | n/a | n/a | US$80m |
| Mar 31 2024 | n/a | n/a | US$91m |
| Dec 31 2023 | US$7m | US$833k | US$100m |
| Sep 30 2023 | n/a | n/a | US$132m |
| Jun 30 2023 | n/a | n/a | US$134m |
| Mar 31 2023 | n/a | n/a | US$123m |
| Dec 31 2022 | US$4m | US$811k | US$121m |
| Sep 30 2022 | n/a | n/a | US$114m |
| Jun 30 2022 | n/a | n/a | US$125m |
| Mar 31 2022 | n/a | n/a | US$127m |
| Dec 31 2021 | US$8m | US$802k | US$135m |
| Sep 30 2021 | n/a | n/a | US$126m |
| Jun 30 2021 | n/a | n/a | US$113m |
| Mar 31 2021 | n/a | n/a | US$104m |
| Dec 31 2020 | US$6m | US$410k | US$87m |
| Sep 30 2020 | n/a | n/a | US$70m |
| Jun 30 2020 | n/a | n/a | US$58m |
| Mar 31 2020 | n/a | n/a | -US$249m |
| Dec 31 2019 | US$5m | US$614k | -US$252m |
| Sep 30 2019 | n/a | n/a | -US$246m |
| Jun 30 2019 | n/a | n/a | -US$240m |
| Mar 31 2019 | n/a | n/a | US$62m |
| Dec 31 2018 | US$4m | US$608k | US$66m |
Compensation vs Market: D.'s total compensation ($USD7.45M) is about average for companies of similar size in the US market ($USD8.77M).
Compensation vs Earnings: D.'s compensation has been consistent with company performance over the past year.
CEO
D. Patterson (63 yo)
21.6yrs
Tenure
US$7,452,400
Compensation
Mr. D. Scott Patterson has been the Chief Executive Officer of FirstService Corporation since June 01, 2015 and serves as its President. Pre-spin-off, Mr. Patterson was the President and Chief Operating Of...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Independent Chairman of the Board | 9.8yrs | US$450.00k | 5.9% $ 457.8m | |
| President | 21.6yrs | US$7.45m | 0.044% $ 3.4m | |
| Chief Financial Officer | 9.8yrs | US$4.45m | 0.51% $ 39.5m | |
| Senior Vice President of Technology & Information Services | 3.3yrs | US$2.66m | no data | |
| Senior VP of Strategy & Corporate Development | no data | US$1.89m | no data | |
| Senior VP of Compliance and Risk Management & Corporate Secretary | less than a year | no data | no data | |
| Director of Marketing & Communications of FirstService Residential Ontario | no data | no data | no data | |
| Senior Vice President of Tax | 2.2yrs | no data | no data | |
| Chief Executive Officer of FirstService Residential | 3.7yrs | no data | no data |
3.7yrs
Average Tenure
54yo
Average Age
Experienced Management: FSV's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Independent Chairman of the Board | 9.8yrs | US$450.00k | 5.9% $ 457.8m | |
| President | 9.8yrs | US$7.45m | 0.044% $ 3.4m | |
| Independent Director | 9.8yrs | US$300.00k | 0.069% $ 5.3m | |
| Independent Director | 3yrs | US$300.00k | 0.0015% $ 114.1k | |
| Independent Director | 3.9yrs | US$307.50k | no data | |
| Independent Director | 2.8yrs | US$300.00k | 0.0022% $ 170.8k | |
| Independent Director | 9.5yrs | US$307.50k | 0.035% $ 2.7m | |
| Independent Director | 6.9yrs | US$325.00k | 0.0033% $ 256.2k |
8.2yrs
Average Tenure
64yo
Average Age
Experienced Board: FSV's board of directors are considered experienced (8.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/28 14:31 |
| End of Day Share Price | 2025/04/25 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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 |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
FirstService Corporation is covered by 17 analysts. 8 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 |
|---|---|
| Will Chien | Accountability Research Corporation |
| Stephen MacLeod | BMO Capital Markets Equity Research |
| Scott Fletcher | CIBC Capital Markets |