Telesat Management
Management criteria checks 3/4
Telesat's CEO is Dan Goldberg, appointed in Sep 2006, has a tenure of 18.67 years. total yearly compensation is CA$9.73M, comprised of 15.1% salary and 84.9% bonuses, including company stock and options. directly owns 8.04% of the company’s shares, worth $70.00M. The average tenure of the management team and the board of directors is 4 years and 3.5 years respectively.
Key information
Dan Goldberg
Chief executive officer
CA$9.7m
Total compensation
| CEO salary percentage | 15.06% |
| CEO tenure | 18.7yrs |
| CEO ownership | 8.0% |
| Management average tenure | 4yrs |
| Board average tenure | 3.5yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | -CA$88m |
| Dec 31 2024 | CA$10m | CA$1m | -CA$88m |
| Sep 30 2024 | n/a | n/a | CA$49m |
| Jun 30 2024 | n/a | n/a | CA$30m |
| Mar 31 2024 | n/a | n/a | CA$134m |
| Dec 31 2023 | CA$11m | CA$1m | CA$157m |
| Sep 30 2023 | n/a | n/a | CA$169m |
| Jun 30 2023 | n/a | n/a | CA$112m |
| Mar 31 2023 | n/a | n/a | -CA$30m |
| Dec 31 2022 | CA$9m | CA$1m | -CA$24m |
| Sep 30 2022 | n/a | n/a | -CA$3m |
| Jun 30 2022 | n/a | n/a | CA$3m |
| Mar 31 2022 | n/a | n/a | CA$58m |
| Dec 31 2021 | CA$64m | CA$1m | CA$93m |
| Sep 30 2021 | n/a | n/a | CA$297m |
| Jun 30 2021 | n/a | n/a | CA$456m |
| Mar 31 2021 | n/a | n/a | CA$565m |
| Dec 31 2020 | CA$4m | CA$1m | CA$245m |
| Sep 30 2020 | n/a | n/a | -CA$7m |
| Jun 30 2020 | n/a | n/a | -CA$237m |
| Mar 31 2020 | n/a | n/a | -CA$263m |
| Dec 31 2019 | CA$6m | CA$1m | CA$187m |
| Sep 30 2019 | n/a | n/a | -CA$2m |
| Jun 30 2019 | n/a | n/a | CA$238m |
| Mar 31 2019 | n/a | n/a | CA$96m |
| Dec 31 2018 | CA$17m | CA$1m | -CA$91m |
Compensation vs Market: Dan's total compensation ($USD6.96M) is above average for companies of similar size in the US market ($USD4.01M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
CEO
Dan Goldberg (58 yo)
18.7yrs
Tenure
CA$9,733,900
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.7yrs | CA$9.73m | 8.04% $ 70.0m | |
| Chief Financial Officer | 5.4yrs | CA$2.87m | 1.41% $ 12.3m | |
| Senior Vice President of Corporate & Business Development | no data | CA$2.50m | 1.62% $ 14.1m | |
| Chief Commercial Officer | 3.6yrs | CA$2.80m | 1.02% $ 8.9m | |
| Chief Technology Officer | less than a year | no data | 0.11% $ 931.0k | |
| VP, General Counsel & Secretary | 16.3yrs | no data | 0.92% $ 8.0m | |
| Vice President of Business Planning & Marketing | 12.3yrs | no data | 0.54% $ 4.7m | |
| Vice President of People | 3.3yrs | no data | 0.022% $ 192.4k | |
| Senior Vice President of Canadian Sales | 4.3yrs | no data | 0.69% $ 6.0m | |
| Chief Network & Information Officer | less than a year | no data | 0.063% $ 550.6k | |
| Director of Treasury & Risk Management | no data | no data | 0.022% $ 194.8k | |
| President of Telesat Government Solutions | less than a year | no data | no data |
4.0yrs
Average Tenure
58yo
Average Age
Experienced Management: TSAT's management team is considered experienced (4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.5yrs | CA$9.73m | 8.04% $ 70.0m | |
| Independent Director | 3.5yrs | CA$182.53k | no data | |
| Independent Director | 3.5yrs | CA$200.03k | 0.70% $ 6.1m | |
| Independent Director | 1.8yrs | CA$72.37k | 0.096% $ 835.6k | |
| Independent Chairman | 3.5yrs | CA$190.02k | 0.32% $ 2.8m | |
| Independent Director | 3.5yrs | CA$175.11k | 0.70% $ 6.1m | |
| Independent Director | 4.6yrs | CA$200.03k | no data | |
| Independent Director | 3.5yrs | CA$207.52k | no data | |
| Independent Director | 3.5yrs | CA$182.53k | no data | |
| Independent Director | 2.3yrs | no data | no data |
3.5yrs
Average Tenure
66.5yo
Average Age
Experienced Board: TSAT's board of directors are considered experienced (3.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/14 00:48 |
| End of Day Share Price | 2025/05/14 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Telesat Corporation is covered by 2 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David McFadgen | Cormark Securities Inc. |
| Christopher Quilty | Quilty Space Inc. |