Novanta Management
Management criteria checks 4/4
Novanta's CEO is Matthijs Glastra, appointed in Sep 2016, has a tenure of 7.58 years. total yearly compensation is $8.26M, comprised of 9.5% salary and 90.5% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $22.47M. The average tenure of the management team and the board of directors is 4.6 years and 3.2 years respectively.
Key information
Matthijs Glastra
Chief executive officer
US$8.3m
Total compensation
| CEO salary percentage | 9.5% |
| CEO tenure | 7.6yrs |
| CEO ownership | 0.4% |
| Management average tenure | 4.6yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Novanta (NASDAQ:NOVT) Has Some Way To Go To Become A Multi-Bagger
Feb 24
Does Novanta (NASDAQ:NOVT) Have A Healthy Balance Sheet?
Feb 05Getting In Cheap On Novanta Inc. (NASDAQ:NOVT) Is Unlikely
Dec 29Why Novanta Inc. (NASDAQ:NOVT) Could Be Worth Watching
Nov 20Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching
Nov 01Does This Valuation Of Novanta Inc. (NASDAQ:NOVT) Imply Investors Are Overpaying?
Oct 19Novanta (NASDAQ:NOVT) Seems To Use Debt Quite Sensibly
Sep 21Return Trends At Novanta (NASDAQ:NOVT) Aren't Appealing
Sep 06What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?
Aug 19Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching
Jul 16Slowing Rates Of Return At Novanta (NASDAQ:NOVT) Leave Little Room For Excitement
Jun 06These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well
May 16Should You Investigate Novanta Inc. (NASDAQ:NOVT) At US$156?
Apr 13Here's Why We Think Novanta (NASDAQ:NOVT) Is Well Worth Watching
Mar 29Investors Met With Slowing Returns on Capital At Novanta (NASDAQ:NOVT)
Feb 27These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Safely
Feb 12Is Novanta Inc. (NASDAQ:NOVT) Potentially Undervalued?
Jan 12We Ran A Stock Scan For Earnings Growth And Novanta (NASDAQ:NOVT) Passed With Ease
Dec 28Is Novanta (NASDAQ:NOVT) Using Too Much Debt?
Nov 02What Does Novanta Inc.'s (NASDAQ:NOVT) Share Price Indicate?
Oct 03With EPS Growth And More, Novanta (NASDAQ:NOVT) Makes An Interesting Case
Sep 19Novanta Inc. (NASDAQ:NOVT) Shares Could Be 31% Above Their Intrinsic Value Estimate
Aug 23Novanta Non-GAAP EPS of $0.78 beats by $0.06, revenue of $215.34M beats by $6.27M, raises FY guidance
Aug 09Novanta (NASDAQ:NOVT) Could Easily Take On More Debt
Aug 03Here's What To Make Of Novanta's (NASDAQ:NOVT) Decelerating Rates Of Return
Jul 11At US$124, Is Novanta Inc. (NASDAQ:NOVT) Worth Looking At Closely?
Jun 09Calculating The Fair Value Of Novanta Inc. (NASDAQ:NOVT)
May 10Novanta (NASDAQ:NOVT) Seems To Use Debt Rather Sparingly
Apr 22Returns On Capital At Novanta (NASDAQ:NOVT) Paint A Concerning Picture
Apr 03Is It Time To Consider Buying Novanta Inc. (NASDAQ:NOVT)?
Feb 21Does This Valuation Of Novanta Inc. (NASDAQ:NOVT) Imply Investors Are Overpaying?
Feb 04Returns On Capital At Novanta (NASDAQ:NOVT) Paint A Concerning Picture
Dec 21Is Novanta (NASDAQ:NOVT) A Risky Investment?
Nov 23Novanta (NASDAQ:NOVT) Has More To Do To Multiply In Value Going Forward
Sep 16Is Now The Time To Put Novanta (NASDAQ:NOVT) On Your Watchlist?
Aug 25These 4 Measures Indicate That Novanta (NASDAQ:NOVT) Is Using Debt Reasonably Well
Aug 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$8m | US$784k | US$73m |
| Sep 29 2023 | n/a | n/a | US$76m |
| Jun 30 2023 | n/a | n/a | US$77m |
| Mar 31 2023 | n/a | n/a | US$73m |
| Dec 31 2022 | US$7m | US$731k | US$74m |
| Sep 30 2022 | n/a | n/a | US$73m |
| Jul 01 2022 | n/a | n/a | US$64m |
| Apr 01 2022 | n/a | n/a | US$58m |
| Dec 31 2021 | US$12m | US$690k | US$50m |
| Oct 01 2021 | n/a | n/a | US$49m |
| Jul 02 2021 | n/a | n/a | US$44m |
| Apr 02 2021 | n/a | n/a | US$44m |
| Dec 31 2020 | US$5m | US$625k | US$45m |
| Oct 02 2020 | n/a | n/a | US$41m |
| Jul 03 2020 | n/a | n/a | US$42m |
| Apr 03 2020 | n/a | n/a | US$40m |
| Dec 31 2019 | US$4m | US$640k | US$41m |
| Sep 27 2019 | n/a | n/a | US$43m |
| Jun 28 2019 | n/a | n/a | US$56m |
| Mar 29 2019 | n/a | n/a | US$57m |
| Dec 31 2018 | US$4m | US$581k | US$51m |
| Sep 28 2018 | n/a | n/a | US$39m |
| Jun 29 2018 | n/a | n/a | US$18m |
| Mar 30 2018 | n/a | n/a | US$12m |
| Dec 31 2017 | US$4m | US$511k | US$40m |
Compensation vs Market: Matthijs's total compensation ($USD8.26M) is about average for companies of similar size in the US market ($USD8.28M).
Compensation vs Earnings: Matthijs's compensation has been consistent with company performance over the past year.
CEO
Matthijs Glastra (54 yo)
7.6yrs
Tenure
US$8,262,118
Compensation
Mr. Matthijs Glastra has been the Chief Executive Officer and Director of Novanta Inc. since September 1, 2016 and serves as its Chairman of the Board since May 13, 2021 and served as its Executive Officer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 7.6yrs | US$8.26m | 0.40% $ 22.5m | |
| Chief Financial Officer | 13.1yrs | US$3.36m | 0.34% $ 18.8m | |
| General Counsel & Corporate Secretary | 1.8yrs | US$1.35m | 0.0021% $ 115.5k | |
| Chief Human Resources Officer | 7.3yrs | US$1.50m | 0.092% $ 5.2m | |
| Corporate Controller & Chief Accounting Officer | 12.7yrs | no data | 0.046% $ 2.6m | |
| Chief Information Officer & Chief Information Security Officer | 3.3yrs | no data | no data | |
| Executive Vice President of Novanta Growth System & Global Supply Chain | 2.8yrs | no data | no data | |
| Group President of Automation Enabling Technologies Group | 2yrs | no data | no data | |
| Senior Vice President of Leadership Development and Diversity | less than a year | no data | no data | |
| Group President of Medical Solutions | 6yrs | no data | no data |
4.6yrs
Average Tenure
54yo
Average Age
Experienced Management: NOVT's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 7.6yrs | US$8.26m | 0.40% $ 22.5m | |
| Chairman Emeritus | 2.9yrs | US$233.48k | no data | |
| Independent Director | 1.8yrs | US$247.57k | 0.0018% $ 101.5k | |
| Independent Director | 1.8yrs | US$252.57k | 0.0020% $ 112.7k | |
| Independent Director | 3.2yrs | US$252.57k | 0.0034% $ 189.0k | |
| Independent Lead Director | 5.9yrs | US$292.56k | 0.0084% $ 473.3k | |
| Independent Director | 2.9yrs | US$277.62k | 0.0031% $ 176.1k | |
| Independent Director | 11.8yrs | US$257.57k | 0.0054% $ 301.1k | |
| Independent Director | 3.9yrs | US$257.56k | 0.0048% $ 269.7k |
3.2yrs
Average Tenure
56yo
Average Age
Experienced Board: NOVT's board of directors are considered experienced (3.2 years average tenure).