Yahoo Finance Here's Why We Think Vior Inc.'s (CVE:VIO) CEO Compensation Looks Fair for the time being
Key Insights
Vior will host its Annual General Meeting on 12th of December
Salary of CA$180.0k is part of CEO Mark Fedosiewich's total remuneration
The total compensation is similar to the average for the industry
Over the past three years, Vior's EPS fell by 65% and over the past three years, the total shareholder return was 7.7%
CEO Mark Fedosiewich has done a decent job of delivering relatively good performance at Vior Inc. (CVE:VIO) recently. As shareholders go into the upcoming AGM on 12th of December, CEO compensation will probably not be their focus, but rather the steps management will take to continue the growth momentum. Based on our analysis of the data below, we think CEO compensation seems reasonable for now.
View our latest analysis for Vior
Comparing Vior Inc.'s CEO Compensation With The Industry
According to our data, Vior Inc. has a market capitalization of CA$14m, and paid its CEO total annual compensation worth CA$180k over the year to June 2023. There was no change in the compensation compared to last year. It is worth noting that the CEO compensation consists entirely of the salary, worth CA$180k.
On comparing similar-sized companies in the Canadian Metals and Mining industry with market capitalizations below CA$272m, we found that the median total CEO compensation was CA$185k. From this we gather that Mark Fedosiewich is paid around the median for CEOs in the industry. What's more, Mark Fedosiewich holds CA$1.3m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.
Component | 2023 | 2022 | Proportion (2023) |
Salary | CA$180k | CA$180k | 100% |
Other | - | - | - |
Total Compensation | CA$180k | CA$180k | 100% |
On an industry level, around 94% of total compensation represents salary and 6% is other remuneration. At the company level, Vior pays Mark Fedosiewich solely through a salary, preferring to go down a conventional route. If salary dominates total compensation, it suggests that CEO compensation is leaning less towards the variable component, which is usually linked with performance.
Vior Inc.'s Growth
Vior Inc. has reduced its earnings per share by 65% a year over the last three years. In the last year, its revenue is up 6,885%.
The decrease in EPS could be a concern for some investors. On the other hand, the strong revenue growth suggests the business is growing. It's hard to reach a conclusion about business performance right now. This may be one to watch. Although we don't have analyst forecasts, you might want to assess this data-rich visualization of earnings, revenue and cash flow.
Has Vior Inc. Been A Good Investment?
Vior Inc. has not done too badly by shareholders, with a total return of 7.7%, over three years. It would be nice to see that metric improve in the future. As a result, investors in the company might be reluctant about agreeing to increase CEO pay in the future, before seeing an improvement on their returns.
In Summary...
Vior rewards its CEO solely through a salary, ignoring non-salary benefits completely. Although the company has performed relatively well, we still think there are some areas that could be improved. Despite robust revenue growth, until EPS growth improves, shareholders may be hesitant to increase CEO pay by too much.
We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. We did our research and identified 5 warning signs (and 3 which are a bit unpleasant) in Vior we think you should know about.
Of course, you might find a fantastic investment by looking at a different set of stocks. So take a peek at this free list of interesting companies.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
