Vecima Networks Inc.

OTCPK:VNWT.F Stock Report

Market Cap: US$294.2m

Vecima Networks Management

Management criteria checks 4/4

Vecima Networks' CEO is Sumit Kumar, appointed in Jan 2011, has a tenure of 13.83 years. total yearly compensation is CA$584.48K, comprised of 63.1% salary and 36.9% bonuses, including company stock and options. directly owns 0.7% of the company’s shares, worth $2.06M. The average tenure of the management team and the board of directors is 4.3 years and 3.9 years respectively.

Key information

Sumit Kumar

Chief executive officer

CA$584.5k

Total compensation

CEO salary percentage63.1%
CEO tenure13.8yrs
CEO ownership0.7%
Management average tenure4.3yrs
Board average tenure3.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sumit Kumar's remuneration changed compared to Vecima Networks's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$20m

Jun 30 2024CA$584kCA$369k

CA$19m

Mar 31 2024n/an/a

CA$16m

Dec 31 2023n/an/a

CA$15m

Sep 30 2023n/an/a

CA$19m

Jun 30 2023CA$2mCA$358k

CA$27m

Mar 31 2023n/an/a

CA$26m

Dec 31 2022n/an/a

CA$24m

Sep 30 2022n/an/a

CA$17m

Jun 30 2022CA$575kCA$323k

CA$9m

Mar 31 2022n/an/a

CA$7m

Dec 31 2021n/an/a

CA$4m

Sep 30 2021n/an/a

-CA$648k

Jun 30 2021CA$863kCA$309k

-CA$2m

Mar 31 2021n/an/a

-CA$4m

Dec 31 2020n/an/a

-CA$4m

Sep 30 2020n/an/a

CA$3m

Jun 30 2020CA$422kCA$283k

CA$3m

Mar 31 2020n/an/a

CA$417k

Dec 31 2019n/an/a

-CA$2m

Sep 30 2019n/an/a

-CA$4m

Jun 30 2019CA$331kCA$283k

-CA$3m

Mar 31 2019n/an/a

CA$282k

Dec 31 2018n/an/a

CA$2m

Sep 30 2018n/an/a

CA$2m

Jun 30 2018CA$318kCA$275k

CA$4m

Compensation vs Market: Sumit's total compensation ($USD414.29K) is below average for companies of similar size in the US market ($USD1.48M).

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

CEO

Sumit Kumar

13.8yrs

Tenure

CA$584,478

Compensation

Mr. Sumit Kumar has been the Chief Executive Officer and President at Vecima Networks Inc. since August 1, 2013 and 2011 respectively. Mr. Kumar work closely with the senior management team and the Board o...

Leadership Team

NamePositionTenureCompensationOwnership
Surinder Kumar
Founder & Chairman of the Board36.3yrsCA$88.94k0.41%
$ 1.2m
Sumit Kumar
CEO, President & Non Independent Director13.8yrsCA$584.48k0.70%
$ 2.1m
Clay McCreery
Chief Operating Officer4.3yrsCA$924.80k0.27%
$ 805.0k
German Iaryczower
Senior Vice President of Global Sales & Marketing1.3yrsCA$1.01mno data
Ryan Nicometo
Senior VP and GM of the Video & Broadband Solutions Business Unit4.3yrsCA$1.01m0.096%
$ 283.2k
Judson Schmid
Chief Financial Officerless than a yearno datano data
Colin Howlett
Chief Technology Officer4.3yrsno data0.096%
$ 282.6k
Anne-Marie DeSouza
Head of Corporate Communicationsno datano datano data
Gerry Vreeswijk
Vice President of Human Resourcesno datano datano data
Richard Blenkinsop
Senior Vice President of Business Developmentno dataCA$230.75kno data
Mark Briggs
Senior VP of Cable Sales & GM of Spectrum Signal Processingno dataCA$229.82kno data
Laird Froese
Senior Vice President of Research & Development - Video Broadband Solutionsno dataCA$295.32kno data

4.3yrs

Average Tenure

Experienced Management: VNWT.F's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Surinder Kumar
Founder & Chairman of the Board36.3yrsCA$88.94k0.41%
$ 1.2m
Sumit Kumar
CEO, President & Non Independent Director7.9yrsCA$584.48k0.70%
$ 2.1m
Danial Faizullabhoy
Independent Director7.9yrsCA$109.60k0.0010%
$ 3.0k
Scott Edmonds
Lead Independent Director2.4yrsCA$94.51k0.0062%
$ 18.2k
Richard Brace
Independent Director1.9yrsCA$80.61kno data
James Blackley
Independent Director3.9yrsCA$63.32kno data
Samuel Chernak
Independent Directorless than a yearCA$55.57kno data

3.9yrs

Average Tenure

63yo

Average Age

Experienced Board: VNWT.F's board of directors are considered experienced (3.9 years average tenure).