In This Article:
Key Insights
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Clear Blue Technologies International will host its Annual General Meeting on 28th of June
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CEO Miriam Tuerk's total compensation includes salary of CA$162.6k
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The total compensation is 73% less than the average for the industry
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Clear Blue Technologies International's three-year loss to shareholders was 81% while its EPS grew by 16% over the past three years
Shareholders may be wondering what CEO Miriam Tuerk plans to do to improve the less than great performance at Clear Blue Technologies International Inc. (CVE:CBLU) recently. One way they can exercise their influence on management is through voting on resolutions, such as executive remuneration at the next AGM, coming up on 28th of June. It has been shown that setting appropriate executive remuneration incentivises the management to act in the interests of shareholders. We have prepared some analysis below to show that CEO compensation looks to be reasonable.
See our latest analysis for Clear Blue Technologies International
Comparing Clear Blue Technologies International Inc.'s CEO Compensation With The Industry
According to our data, Clear Blue Technologies International Inc. has a market capitalization of CA$8.7m, and paid its CEO total annual compensation worth CA$163k over the year to December 2023. That's a notable increase of 23% on last year. It is worth noting that the CEO compensation consists entirely of the salary, worth CA$163k.
In comparison with other companies in the Canadian Renewable Energy industry with market capitalizations under CA$274m, the reported median total CEO compensation was CA$592k. Accordingly, Clear Blue Technologies International pays its CEO under the industry median. Moreover, Miriam Tuerk also holds CA$97k worth of Clear Blue Technologies International stock directly under their own name.
| Component | 2023 | 2022 | Proportion (2023) |
| Salary | CA$163k | CA$132k | 100% |
| Other | - | - | - |
| Total Compensation | CA$163k | CA$132k | 100% |
Speaking on an industry level, nearly 30% of total compensation represents salary, while the remainder of 70% is other remuneration. On a company level, Clear Blue Technologies International prefers to reward its CEO through a salary, opting not to pay Miriam Tuerk through non-salary benefits. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
Clear Blue Technologies International Inc.'s Growth
Clear Blue Technologies International Inc.'s earnings per share (EPS) grew 16% per year over the last three years. It achieved revenue growth of 255% over the last year.