Shareholders Will Probably Be Cautious Of Increasing GDI Integrated Facility Services Inc.'s (TSE:GDI) CEO Compensation At The Moment
In This Article:
Key Insights
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GDI Integrated Facility Services' Annual General Meeting to take place on 10th of May
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Salary of CA$957.6k is part of CEO Claude Bigras's total remuneration
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The total compensation is 31% less than the average for the industry
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GDI Integrated Facility Services' three-year loss to shareholders was 33% while its EPS was down 28% over the past three years
The underwhelming performance at GDI Integrated Facility Services Inc. (TSE:GDI) recently has probably not pleased shareholders. The next AGM coming up on 10th of May will be a chance for shareholders to have their concerns addressed by the board, challenge management on company strategy and vote on resolutions such as executive remuneration, which may help change the company's future prospects. We think most shareholders will probably pass the CEO compensation, based on what we gathered.
View our latest analysis for GDI Integrated Facility Services
Comparing GDI Integrated Facility Services Inc.'s CEO Compensation With The Industry
At the time of writing, our data shows that GDI Integrated Facility Services Inc. has a market capitalization of CA$841m, and reported total annual CEO compensation of CA$4.0m for the year to December 2023. That's a notable decrease of 9.5% on last year. We think total compensation is more important but our data shows that the CEO salary is lower, at CA$958k.
For comparison, other companies in the Canadian Commercial Services industry with market capitalizations ranging between CA$547m and CA$2.2b had a median total CEO compensation of CA$5.8m. In other words, GDI Integrated Facility Services pays its CEO lower than the industry median. Moreover, Claude Bigras also holds CA$96m worth of GDI Integrated Facility Services stock directly under their own name, which reveals to us that they have a significant personal stake in the company.
| Component | 2023 | 2022 | Proportion (2023) |
| Salary | CA$958k | CA$948k | 24% |
| Other | CA$3.0m | CA$3.5m | 76% |
| Total Compensation | CA$4.0m | CA$4.4m | 100% |
On an industry level, around 40% of total compensation represents salary and 60% is other remuneration. GDI Integrated Facility Services sets aside a smaller share of compensation for salary, in comparison to the overall industry. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance.
A Look at GDI Integrated Facility Services Inc.'s Growth Numbers
Over the last three years, GDI Integrated Facility Services Inc. has shrunk its earnings per share by 28% per year. In the last year, its revenue is up 12%.