Leon's Furniture Management
Management criteria checks 3/4
Leon's Furniture's CEO is Mike Walsh, appointed in Oct 2020, has a tenure of 3.5 years. total yearly compensation is CA$2.31M, comprised of 29.2% salary and 70.8% bonuses, including company stock and options. directly owns 0.28% of the company’s shares, worth $3.17M. The average tenure of the management team and the board of directors is 0.9 years and 18.3 years respectively.
Key information
Mike Walsh
Chief executive officer
CA$2.3m
Total compensation
| CEO salary percentage | 29.2% |
| CEO tenure | 3.5yrs |
| CEO ownership | 0.3% |
| Management average tenure | less than a year |
| Board average tenure | 18.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | CA$2m | CA$675k | CA$139m |
| Sep 30 2023 | n/a | n/a | CA$136m |
| Jun 30 2023 | n/a | n/a | CA$145m |
| Mar 31 2023 | n/a | n/a | CA$168m |
| Dec 31 2022 | CA$3m | CA$669k | CA$179m |
| Sep 30 2022 | n/a | n/a | CA$193m |
| Jun 30 2022 | n/a | n/a | CA$195m |
| Mar 31 2022 | n/a | n/a | CA$191m |
| Dec 31 2021 | CA$2m | CA$638k | CA$207m |
| Sep 30 2021 | n/a | n/a | CA$204m |
| Jun 30 2021 | n/a | n/a | CA$189m |
| Mar 31 2021 | n/a | n/a | CA$190m |
| Dec 31 2020 | CA$1m | CA$526k | CA$163m |
| Sep 30 2020 | n/a | n/a | CA$149m |
| Jun 30 2020 | n/a | n/a | CA$133m |
| Mar 31 2020 | n/a | n/a | CA$111m |
| Dec 31 2019 | CA$932k | CA$508k | CA$107m |
| Sep 30 2019 | n/a | n/a | CA$106m |
| Jun 30 2019 | n/a | n/a | CA$107m |
| Mar 31 2019 | n/a | n/a | CA$106m |
| Dec 31 2018 | CA$854k | CA$495k | CA$111m |
| Sep 30 2018 | n/a | n/a | CA$107m |
| Jun 30 2018 | n/a | n/a | CA$108m |
| Mar 31 2018 | n/a | n/a | CA$103m |
| Dec 31 2017 | CA$862k | CA$475k | CA$97m |
Compensation vs Market: Mike's total compensation ($USD1.69M) is below average for companies of similar size in the US market ($USD3.42M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Walsh
3.5yrs
Tenure
CA$2,311,529
Compensation
Mr. Michael J. Walsh, also known as Mike, serves as the Chief Executive Officer at Leon's Furniture Limited since July 01, 2021. He serves as the President at Leon's Furniture Limited since October 01, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3.5yrs | CA$2.31m | 0.28% CA$ 3.2m | |
| Vice President of Operations & Corporate Strategy | less than a year | CA$569.58k | no data | |
| President of the Leon’s Furniture Division | less than a year | CA$517.92k | 0.25% CA$ 2.8m | |
| Interim Chief Financial Officer | no data | no data | no data | |
| VP of Legal & Corporate Secretary | 8.7yrs | no data | 0.20% CA$ 2.2m | |
| President of The Brick | less than a year | no data | 0.096% CA$ 1.1m |
0.9yrs
Average Tenure
Experienced Management: LEFU.F's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Vice Chairman of the Board | 23.3yrs | CA$80.00k | 0.54% CA$ 6.1m | |
| Independent Director | 32.3yrs | CA$83.00k | 0.0044% CA$ 49.8k | |
| Chairman Emeritus | 30.3yrs | CA$80.00k | 1.15% CA$ 12.9m | |
| Chairman of the Board | 15.3yrs | CA$80.00k | 1.97% CA$ 22.2m | |
| Independent Director | 16.3yrs | CA$90.00k | 0.0066% CA$ 74.6k | |
| Independent Director | 20.3yrs | CA$90.00k | 0.015% CA$ 165.3k | |
| Independent Director | 10.3yrs | CA$80.00k | 0.073% CA$ 828.9k | |
| Independent Director | 3.9yrs | CA$90.00k | no data |
18.3yrs
Average Tenure
69.5yo
Average Age
Experienced Board: LEFU.F's board of directors are seasoned and experienced ( 18.3 years average tenure).