Telesat Corporation

NasdaqGS:TSAT Stock Report

Market Cap: US$175.6m

Telesat Management

Management criteria checks 2/4

Telesat's CEO is Dan Goldberg, appointed in Sep 2006, has a tenure of 18.17 years. total yearly compensation is CA$11.46M, comprised of 12.5% salary and 87.5% bonuses, including company stock and options. directly owns 5.83% of the company’s shares, worth $10.24M. The average tenure of the management team and the board of directors is 4.9 years and 3 years respectively.

Key information

Dan Goldberg

Chief executive officer

CA$11.5m

Total compensation

CEO salary percentage12.5%
CEO tenure18.2yrs
CEO ownership5.8%
Management average tenure4.9yrs
Board average tenure3yrs

Recent management updates

Recent updates

Telesat GAAP EPS of -$0.16, revenue of $186.62M

Aug 05

CEO Compensation Analysis

How has Dan Goldberg's remuneration changed compared to Telesat's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

CA$49m

Jun 30 2024n/an/a

CA$30m

Mar 31 2024n/an/a

CA$134m

Dec 31 2023CA$11mCA$1m

CA$157m

Sep 30 2023n/an/a

CA$169m

Jun 30 2023n/an/a

CA$112m

Mar 31 2023n/an/a

-CA$30m

Dec 31 2022CA$9mCA$1m

-CA$24m

Sep 30 2022n/an/a

-CA$3m

Jun 30 2022n/an/a

CA$3m

Mar 31 2022n/an/a

CA$58m

Dec 31 2021CA$64mCA$1m

CA$93m

Sep 30 2021n/an/a

CA$297m

Jun 30 2021n/an/a

CA$456m

Mar 31 2021n/an/a

CA$565m

Dec 31 2020CA$4mCA$1m

CA$245m

Sep 30 2020n/an/a

-CA$7m

Jun 30 2020n/an/a

-CA$237m

Mar 31 2020n/an/a

-CA$263m

Dec 31 2019CA$6mCA$1m

CA$187m

Sep 30 2019n/an/a

-CA$2m

Jun 30 2019n/an/a

CA$238m

Mar 31 2019n/an/a

CA$96m

Dec 31 2018CA$17mCA$1m

-CA$91m

Compensation vs Market: Dan's total compensation ($USD8.15M) is above average for companies of similar size in the US market ($USD1.48M).

Compensation vs Earnings: Dan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Dan Goldberg (58 yo)

18.2yrs

Tenure

CA$11,458,736

Compensation

Mr. Daniel S. Goldberg, also known as Dan, serves as Independent Director for Algonquin Power & Utilities Corp. since March 28, 2022. He serves as President and Chief Executive Officer at Loral Space & Com...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Goldberg
President18.2yrsCA$11.46m5.83%
$ 10.2m
Andrew Browne
Chief Financial Officer4.9yrsCA$3.54m1.05%
$ 1.8m
David Wendling
Chief Technical Officer17.1yrsCA$2.17m0.72%
$ 1.3m
Michael Schwartz
Senior Vice President of Corporate & Business Developmentno dataCA$3.07m2.2%
$ 3.9m
Glenn Katz
Chief Commercial Officer3.1yrsCA$3.15m0.60%
$ 1.0m
Christopher DiFrancesco
VP, General Counsel & Secretary15.8yrsno data0.69%
$ 1.2m
John Flaherty
Vice President of Business Planning & Marketing11.8yrsno data0.43%
$ 752.3k
France Teasdale
Vice President of People2.8yrsno data0.011%
$ 20.1k
Michèle Beck
Senior Vice President of Canadian Sales3.8yrsno data0.50%
$ 872.4k
Michael Bolitho
Director of Treasury & Risk Managementno datano data0.013%
$ 22.6k
Philip Harlow
President of Telesat Government Solutions1.9yrsno datano data

4.9yrs

Average Tenure

58.5yo

Average Age

Experienced Management: TSAT's management team is considered experienced (4.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Daniel Goldberg
President3yrsCA$11.46m5.83%
$ 10.2m
Guthrie Stewart
Independent Director3yrsCA$182.53kno data
Michael Boychuk
Independent Director3yrsCA$200.03kno data
Janet Yeung
Independent Director1.3yrsCA$72.37k0.099%
$ 173.5k
Mark Rachesky
Independent Chairman3yrsCA$190.02k0.33%
$ 576.6k
Michael Targoff
Director3yrsCA$175.11k0.72%
$ 1.3m
Henry Intven
Independent Director4.1yrsCA$200.03kno data
A. Craighead
Independent Director3yrsCA$207.52kno data
Richard Fadden
Independent Director3yrsCA$182.53kno data
David Morin
Independent Director1.8yrsno datano data

3.0yrs

Average Tenure

66.5yo

Average Age

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