Boralex's CEO is Patrick Decostre, appointed in Dec 2020, has a tenure of 5.42 years. total yearly compensation is CA$2.18M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth $619.86K. The average tenure of the management team and the board of directors is 4.3 years and 5.2 years respectively.
Key information
Patrick Decostre
Chief executive officer
CA$2.2m
Total compensation
CEO salary percentage
31.26%
CEO tenure
5.4yrs
CEO ownership
0.02%
Management average tenure
4.3yrs
Board average tenure
5.2yrs
Recent management updates
Recent updates
CEO Compensation Analysis
How has Patrick Decostre's remuneration changed compared to Boralex's earnings?
Date
Total Compensation
Salary
Company Earnings
Dec 31 2025
CA$2m
CA$683k
CA$7m
Sep 30 2025
n/a
n/a
-CA$23m
Jun 30 2025
n/a
n/a
-CA$10m
Mar 31 2025
n/a
n/a
CA$11m
Dec 31 2024
CA$2m
CA$674k
CA$36m
Sep 30 2024
n/a
n/a
CA$89m
Jun 30 2024
n/a
n/a
CA$95m
Mar 31 2024
n/a
n/a
CA$100m
Dec 31 2023
CA$2m
CA$626k
CA$78m
Sep 30 2023
n/a
n/a
CA$55m
Jun 30 2023
n/a
n/a
CA$19m
Mar 31 2023
n/a
n/a
CA$13m
Dec 31 2022
CA$2m
CA$546k
CA$30m
Sep 30 2022
n/a
n/a
CA$33m
Jun 30 2022
n/a
n/a
CA$57m
Mar 31 2022
n/a
n/a
CA$31m
Dec 31 2021
CA$2m
CA$503k
CA$17m
Sep 30 2021
n/a
n/a
CA$26m
Jun 30 2021
n/a
n/a
CA$40m
Mar 31 2021
n/a
n/a
CA$50m
Dec 31 2020
CA$1m
CA$382k
CA$55m
Sep 30 2020
n/a
n/a
CA$3m
Jun 30 2020
n/a
n/a
-CA$20m
Mar 31 2020
n/a
n/a
-CA$27m
Dec 31 2019
CA$800k
CA$359k
-CA$39m
Compensation vs Market: Patrick's total compensation ($USD1.60M) is below average for companies of similar size in the US market ($USD7.18M).
Compensation vs Earnings: Patrick's compensation has been consistent with company performance over the past year.
CEO
Patrick Decostre (52 yo)
5.4yrs
Tenure
CA$2,183,153
Compensation
Mr. Patrick Decostre serves as an Independent Director at CAE Inc. since may 16, 2024. He serves as the President, Chief Executive Officer and Director of Boralex Inc. since December 1, 2020. He served as...
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Patrick Decostre
President
5.4yrs
CA$2.18m
0.022% $ 619.9k
Stéphane Milot
Vice President of Investor Relations and Financial Planning & Analysis
7.3yrs
CA$617.66k
0.0039% $ 107.1k
Pascal Hurtubise
Executive VP & Chief Legal Officer
8.9yrs
CA$785.74k
0.010% $ 276.7k
Philippe Bonin
Executive VP & CFO
less than a year
no data
no data
Isabelle Fontaine
Senior Vice President of Marketing
3.6yrs
no data
0.0031% $ 86.3k
Marie-Josée Arsenault
Executive VP and Chief People & Culture Officer
4.3yrs
no data
0.011% $ 307.2k
Julie Cusson
Senior Vice President of Synergies & Special Projects
no data
no data
no data
Adam Rosso
Senior Vice President of Development of North America
no data
no data
no data
Rabindra Mishra
Deputy Managing Director of Development Europe
3.6yrs
no data
no data
Pascal Laprise-Demers
Senior Vice President of Corporate Strategy & Business Performance
3.6yrs
no data
0.0034% $ 92.7k
Nicolas Mabboux
Senior Vice President of IT and Digital Transformation
4.3yrs
no data
0.0038% $ 104.6k
Egbert De Groot
Senior Vice President of Merger
no data
no data
no data
4.3yrs
Average Tenure
Experienced Management: BRLX.F's management team is considered experienced (4.3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Patrick Decostre
President
5.4yrs
CA$2.18m
0.022% $ 619.9k
Patrick Lemaire
Independent Director
19.9yrs
CA$144.72k
0.032% $ 899.1k
Nadia Martel
Independent Director
1yr
CA$108.20k
no data
Zin Smati
Independent Director
5yrs
CA$195.25k
0.0078% $ 215.6k
Lise Croteau
Independent Director
8yrs
CA$199.25k
no data
Dany St-Pierre
Independent Director
10yrs
CA$178.10k
0.0015% $ 41.2k
Ricky Fontaine
Independent Director
1.8yrs
CA$169.25k
0.0035% $ 96.3k
Marie-Claude Dumas
Independent Director
7yrs
CA$196.25k
0.0042% $ 115.7k
Remi Lalonde
Independent Director
1yr
CA$116.70k
no data
Andre Courville
Independent Chairman of the Board
7yrs
CA$229.25k
0.0080% $ 220.5k
Dominique Miniere
Independent Director
2.3yrs
CA$172.25k
no data
Ted Giorgio
Independent Director
less than a year
CA$42.54k
no data
5.2yrs
Average Tenure
63yo
Average Age
Experienced Board: BRLX.F's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/07 13:16
End of Day Share Price
2026/05/07 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
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.
* 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
Boralex Inc. is covered by 18 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.