Converge Technology Solutions Corp.

OTCPK:CTSD.F Stock Report

Market Cap: US$439.3m

Converge Technology Solutions Management

Management criteria checks 3/4

Converge Technology Solutions' CEO is Greg Berard, appointed in Nov 2024, has a tenure of less than a year. total yearly compensation is CA$2.12M, comprised of 50.1% salary and 49.9% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $528.90K. The average tenure of the management team and the board of directors is 2.9 years and 3 years respectively.

Key information

Greg Berard

Chief executive officer

CA$2.1m

Total compensation

CEO salary percentage50.1%
CEO tenureless than a year
CEO ownership0.1%
Management average tenure2.9yrs
Board average tenure3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Greg Berard's remuneration changed compared to Converge Technology Solutions's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$163m

Jun 30 2024n/an/a

-CA$161m

Mar 31 2024n/an/a

-CA$1m

Dec 31 2023CA$2mCA$1m

-CA$1m

Sep 30 2023n/an/a

-CA$11m

Jun 30 2023n/an/a

CA$12m

Mar 31 2023n/an/a

CA$27m

Dec 31 2022CA$2mCA$812k

CA$27m

Sep 30 2022n/an/a

CA$37m

Jun 30 2022n/an/a

CA$21m

Mar 31 2022n/an/a

CA$10m

Dec 31 2021CA$2mCA$632k

CA$16m

Sep 30 2021n/an/a

CA$10m

Jun 30 2021n/an/a

CA$6m

Mar 31 2021n/an/a

CA$907k

Dec 31 2020CA$891kCA$636k

-CA$4m

Sep 30 2020n/an/a

-CA$4m

Jun 30 2020n/an/a

-CA$11m

Mar 31 2020n/an/a

-CA$9m

Dec 31 2019CA$981kCA$463k

-CA$11m

Sep 30 2019n/an/a

-CA$17m

Jun 30 2019n/an/a

-CA$16m

Mar 31 2019n/an/a

-CA$20m

Dec 31 2018CA$838kCA$410k

-CA$18m

Compensation vs Market: Greg's total compensation ($USD1.47M) is below average for companies of similar size in the US market ($USD2.16M).

Compensation vs Earnings: Greg's compensation has increased whilst the company is unprofitable.

CEO

Greg Berard

less than a year

Tenure

CA$2,115,829

Compensation

Mr. Greg Berard serves as Chief Executive Officer at Converge Technology Solutions since March 2024 and also serves as a Director since November 12, 2024. He served as Global Chief Executive officer and Pr...

Leadership Team

NamePositionTenureCompensationOwnership
Greg Berard
CEO & Directorless than a yearCA$2.12m0.12%
$ 528.9k
Avjitpal Kamboj
Chief Financial Officer1.6yrsCA$2.45m0.14%
$ 630.3k
Cory Reid
COO & Chief Information Officer6.8yrsCA$874.29k0.15%
$ 676.2k
John Teltsch
Chief Revenue Officer2.8yrsCA$2.00m0.081%
$ 354.0k
Emily Harnish
Chief Marketing Officerno datano datano data
Rhonda Hanes
Executive Vice President of People Operations4.9yrsno datano data
David Luftig
Executive Vice President of Strategy & Solutions4.9yrsno datano data
Emily Martin
Executive Vice President of Hybrid Platforms1.9yrsno datano data
Vic Verola
Executive Vice President of North America Sales2.9yrsno datano data
Greg Rhoades
Chief Technology Officer of US3.1yrsno datano data
Sean Colicchio
Global Chief Information Security Officer2.9yrsno datano data
Chris Foster
CTO of Advanced Analyticsno datano datano data

2.9yrs

Average Tenure

Experienced Management: CTSD.F's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Greg Berard
CEO & Directorless than a yearCA$2.12m0.12%
$ 528.9k
Thomas Volk
Chairman of the Board3.6yrsCA$806.84k0.67%
$ 2.9m
Toni Rinow
Independent Director2.5yrsCA$100.00k0.0039%
$ 17.3k
Ralph Garcea
Independent Director5.5yrsCA$135.00k0.030%
$ 132.0k
Wendy Bahr
Independent Directorless than a yearCA$7.07kno data
Darlene Kelly
Independent Director3.5yrsCA$140.00k0.0086%
$ 37.6k
Mary Hassett
Directorless than a yearno datano data
Nathan Chan
Independent Director6.1yrsCA$100.00k0.047%
$ 206.7k
Brian Phillips
Lead Independent Director6.1yrsCA$147.50k0.14%
$ 603.2k
Gayle Morris
Directorless than a yearno datano data

3.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: CTSD.F's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 06:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Converge Technology Solutions Corp. is covered by 19 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin MayBerenberg
Deepak KaushalBMO Capital Markets Equity Research
Robert YoungCanaccord Genuity